NEW YORK (Reuters) - The leaders of General GrowthProperties Inc will stay on for up to one yearfollowing completion of the company's restructuring, which isexpected in October, the company said Tuesday.

Chief Executive Officer Adam Metz and President and ChiefOperating Officer Thomas Nolan have agreed to remain in theirroles to oversee General Growth's emergence from the largestreal estate bankruptcy in U.S. history.

Metz and Nolan will continue to manage the final phases ofthe restructuring of the No. 2 U.S. mall owner -- including a planned equity raise - and will continue to lead the company'sfinancial and operational strategy, the company said.

General Growth's new board, which will assume its rolefollowing emergence from bankruptcy, is expected to select along-term management team during the transition period, thecompany said. (Reporting by Lewis Krauskopf; editing by Carol Bishopric)