JBG Smith Accepts Steven Roth’s Resignation From Board, Appoints New Chairman

JBG Smith has a new chairman after accepting the resignation of Vornado CEO Steven Roth.
The Bethesda-based REIT announced in a Securities and Exchange Commission filing that its board of trustees voted Thursday to accept Roth’s offer to resign, and it named Robert Stewart as its new chairman. 
Roth’s offer to resign came after a majority of JBG Smith’s shareholders voted at its annual meeting on April 29 to remove him from the board. His resignation reduces the number of board members from 12 to 11. 
The board designated Roth as chairman emeritus, an honorary title to recognize his role in the company’s creation. JBG…

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