Joaquin de Monet Leaving Arden Realty

LOS ANGELES—Arden Realty, Inc. president/CEO Joaquin de Monet is leaving the company “by mutual agreement,” GlobeSt.com has learned. He will step down as of July 1 to “pursue other interests,” he says. Arden is a GE Capital Real Estate company.

“My departure reflects a mutual agreement, but it still is a bittersweet decision,” de Monet said in a widely circulated email. “In my 16 years with GE, I have been given the opportunity to lead many terrific, high performance teams and grow debt and equity platforms through some of the best and the most challenging economic conditions. These leadership experiences have certainly been a high-point of my career to date.”