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LCOR Hires Former Lehman Brothers Executive As New CEO


Realty firm LCOR has tabbed a new CEO, and it's Anthony Barsanti, formerly of Lehman Brothers.

Barsanti was managing director of real estate for Lehman, and in the period between the firm's declaration of bankruptcy and its dissolution, oversaw the restructuring of the company's assets, according to the Philadelphia Business Journal. He takes over a firm that develops properties all over the East Coast, including the above Altaire building in Northern Virginia. LCOR's president and chairman will remain in their positions.

Alhough LCOR is headquartered in Berwyn, Barsanti will reportedly work out of New York. In a statement, chairman Peter DiLullo noted that LCOR had previously worked closely with Barsanti while he was at Lehman. [PBJ]