Friedland Realty founder back in CEO post
The CEO who led a rebranding and technology upgrade and expanded business services at Friedland Realty Advisors during his one-year tenure at the commercial real estate firm has departed and been replaced by the firm”™s founder.
- Ayall Schanzer
- Bob Friedland
The company announced on Tuesday that its founding chairman, Robert “Bob” Friedland, will return to head day-to-day operations following the departure of Ayall Schanzer as president and CEO. Schanzer”™s leaving “to pursue new adventures” was a mutual decision, according to the company.
“We wish Ayall well in his future endeavors,” Friedland said in the announcement.
A corporate growth and turnaround specialist, Schanzer joined what was then NAI Friedland Realty Inc. as president in March last year and was named CEO in July, replacing Anthony “Tony” Lembeck, whom Friedland had promoted to CEO in 2010.
The 45-year-old company recently moved its headquarters from Yonkers to 440 Mamaroneck Ave. in Harrison, doubling its office space. Schanzer in February said the company, which plans to add four executive positions in the next year, was positioning itself to be “a dominant regional player” in the tristate area.
“This is an exciting time for Friedland Realty,” said Friedland, who has assumed again the president and CEO titles at his company. “We are proud to be an integral part of the Westchester community and look forward to being a contributing factor in its economic development and growth.”