![UPDATE 1-Howard Hughes names new CEO, to sell assets worth $2 bln]( "UPDATE 1-Howard Hughes names new CEO, to sell assets worth $2 bln")
Real estate developer Howard Hughes Corp on Monday named a new chief executive officer and said it would sell about $2 billion of non-core assets following a strategic review. Paul Layne has been named CEO, effective immediately. In June, the real estate developer hired Centerview Partners to explore strategic alternatives that included a potential sale of the company.
