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Simon Property Group CEO Has Died After Battle with Cancer

Eli Simon, groomed since 2019 as COO, succeeds his late father to lead the Indianapolis-based REIT with over 250 global properties, ensuring leadership continuity.

  • The Board announced today, March 23, 2026, that David Simon died on March 22, 2026, and named Eli Simon as Chief Executive Officer and President effective immediately while he continues as Chief Operating Officer and director.
  • The Board said its long-running succession planning prompted the move, emphasizing David Simon's commitment to the company's future and Simon Property Group's portfolio of over 250 properties and 200 million square feet.
  • David Simon's tenure included being named CEO in 1995 at age 33 and leading the 1993 initial public offering that raised nearly $1 billion, delivering a cumulative total shareholder return of more than 4,500% since the IPO.
  • The Board reassured shareholders, partners, employees, tenants and lenders that operations will continue without interruption under Eli Simon, supported by a world-class management team and Larry Glasscock, Non-Executive Chairman.
  • The Simon family asked for privacy as they grieve and noted David's wife Jackie of over 40 years, their five children, and seven grandchildren, with memorial details to follow and donation requests made to specified organizations.
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9NEWS Denver broke the news in Denver, United States on Monday, March 23, 2026.
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