Australia's Centro extends appointment of CEO Glenn Rufrano

Posted on: Tue, 24 Feb 2009 20:38:00 EST

Symbols: CEOPF

SYDNEY, Feb 25, 2009 (Asia In Focus via COMTEX) --
CEOPF | Quote | Chart | News | PowerRating -- Troubled Australian shopping
centres owner CENTRO PROPERTIES GROUP (ASX:CNP) has extended
the tenure of its chief executive by at least another year.
"Glenn Rufrano's appointment as chief executive officer has
been extended for 12 months effective 1 March 2009 and is
subject to further automatic 12 month extensions," it said in a
statement on Wednesday.

* Mr Rufrano will be based in Centro's US headquarters in
New York from April this year and be in the corporate office in
Melbourne as required.

* Centro said Mr Rufrano will continue to receive a total
fixed salary of US$1.2 million a year and be entitled to long
term and short term performance based incentives.

For full details on (CEOPF) CEOPF. (CEOPF) has Short Term PowerRatings at TradingMarkets. Details on (CEOPF) Short Term PowerRatings is available at This Link.

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SPDR Barclays Capital Municipal Bond ETF	TFI	10
Expressjet Holdings Inc	XJT	10
SPDR Lehman International Treasury Bond ETF	BWX	9
ProShares Trust II: UltraShort DJ-AIG Commodity	CMD	9
iShares JPMorgan USD Emerging Markets Bond Fund	EMB	9
ProShares UltraShort MSCI Pacific ex-Japan	JPX	9
PowerShares Emerging Markets Sovereign Debt Portfolio	PCY	9
SPDR Barclays Capital Short Term Municipal Bond ETF	SHM	9
Americredit Corp	ACF	8
Arc Sight, Inc.	ARST	8

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