Miami — Miami-based Saglo Cos. has named the company’s current president, Hue Chen, as its new CEO. Chen has served as president of the shopping center owner and operator for the past 10 years. In addition to overseeing enterprise-wide operations, Hue will lead Saglo’s long-term strategy, growth initiatives and capital deployment efforts.
Jack Glottmann, who initially joined his father to lead the company in 1998, will transition from his position of CEO to chairman. As chairman, Glottmann will continue to provide oversight while focusing on strengthening relationships with Saglo’s investors and dedicating additional time to engaging with the company’s tenants and team members across its portfolio.
Founded in 1976 by Saul Glottmann, Saglo Cos. maintains a portfolio of approximately 2.4 million square feet and owns and operates 24 shopping centers across the Southeastern United States.