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Taubman Centers Inc (TCO)

TCO on New York Consolidated

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20 Oct 2017
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Summary

Name Age Since Current Position

Robert Taubman

63 2001 Chairman of the Board, President and Chief Executive Officer

Simon Leopold

48 2016 Chief Financial Officer, Executive Vice President, Treasurer

Peter Sharp

2017 President, Taubman Asia

Rene Tremblay

61 2017 Chairman, Taubman Asia

William Taubman

57 2005 Chief Operating Officer, Director

David Wolff

46 2015 Chief Accounting Officer, Vice President , Manager

Stephen Kieras

62 2015 Executive Vice President, Development of The Taubman Company LLC

Myron Ullman

69 2016 Lead Independent Director

Graham Allison

76 1996 Independent Director

Cia Buckley Marakovits

2016 Independent Director

Jerome Chazen

89 1992 Independent Director

Craig Hatkoff

63 2004 Independent Director

Peter Karmanos

74 2000 Independent Director

Ronald Tysoe

64 2007 Independent Director

Ryan Hurren

2016 Director, Investor Relations

Biographies

Name Description

Robert Taubman

Mr. Robert S. Taubman is Chairman of the Board, President, Chief Executive Officer of Taubman Centers, Inc. Mr. Taubman has been Chairman of the Board, and President and Chief Executive Officer of the Company and the Manager, which is a subsidiary of TRG. He has been Chairman since December 2001 and President and CEO since 1990. I mmediate past Chairman and a director of the Real Estate Roundtable. Member and former Trustee of the Urban Land Institute. Member of the Executive Board of the National Association of Real Estate Investment Trusts. Trustee of the Cranbrook Educational Community. Director of Business Leaders for Michigan. Member of the board committee of Beaumont Hospital. Leadership Advisory board member of A. Alfred Taubman Medical Research Institute. Former trustee of the International Council of Shopping Centers. Serves on the University of Michigan Investment Advisory Committee and is involved in a number of community and philanthropic organizations.

Simon Leopold

Mr. Simon J. Leopold is Chief Financial Officer, Executive Vice President, Treasurer of Taubman Centers, Inc. Mr. Leopold has been Executive Vice President and Chief Financial Officer since January 2016 and Treasurer since September 2012. Mr. Leopold joined the Company in September 2012 as Senior Vice President, Capital Markets and Treasurer, and he became Executive Vice President, Capital Markets and Treasurer in March 2015. Previously, Mr. Leopold spent approximately 13 years as an investment banker, where he served as the managing director in the real estate banking groups at Deutsche Bank (1999 to 2011), KBW (2011 to 2012) and UBS in 2012. Earlier in his career, Mr. Leopold worked in New York City government in a variety of urban planning and economic development positions in the Office of the Mayor, Department of City Planning and the city’s Economic Development Corporation. He is a member of the National Association of Real Estate Investment Trusts, the International Council of Shopping Centers and the Urban Land Institute.

Peter Sharp

Mr. Peter J. Sharp has been appointed as President, Taubman Asia of the Company, effective from January 1, 2017. Sharp, a 20-year veteran of Walmart International, is leaving his post as president of Walmart Asia Realty where he oversees the company’s Asia real estate portfolio, mall developments and has been responsible for all aspects of business planning, real estate, realty partnerships and mergers and acquisitions. He has led the company’s expansion in China and entry into India, Japan and South Korea.

Rene Tremblay

Mr. Rene Tremblay has been appointed as Chairman, Taubman Asia of the Company, with effect from January 1, 2017. He is no longer President, Taubman Asia Management Limited of Taubman Centers, Inc., effective from January 1, 2017. Prior to joining the Company, Mr. Tremblay served as executive vice president, real estate and president of the real estate group of Caisse de dépot et de placement du Québec, one of the ten largest real estate portfolios in the world. Prior to that, from 1995 to 2009, as president and CEO of Ivanhoe Cambridge, he oversaw the acquisition and integration of Cambridge Shopping Centres, and developed and executed a successful strategy of major international expansion in markets such as Brazil, Poland, France, Scotland, Spain and China. Mr. Tremblay served as worldwide chairman of the International Council of Shopping Centers from 2007 to 2008. Tremblay joined Taubman in 2010 as president of Taubman Asia. He is responsible for the company’s expansions in the region that include the ground-up development properties in China, CityOn.Xi’an (opened April 2016) and CityOn.Zhengzhou (opening March 2017), and Starfield Hanam in South Korea (opened Sept 9, 2016). He also led Taubman’s third party management and leasing efforts behind The Boulevard at Studio City in Macau and IFC Mall in South Korea.

William Taubman

Mr. William Stuart Taubman serves as Chief Operating Officer, Director of Taubman Centers, Inc. Mr. Taubman is Chief Operating Officer of the Company, appointed in 2005, and served as Executive Vice President of the Company from 1994 to 2005. Mr. Taubman is also the Executive Vice President of the Manager, a position he has held since 1994. His responsibilities include the overall management of the development, leasing, and center operations functions. He held various other positions with the Manager prior to 1994. Member of the Board and the Executive Committee of the International Council of Shopping Centers and was a past Chairman of the board. Member of the Urban Land Institute and the National Association of Real Estate Investment Trusts. Chairman of New Detroit. Leadership Advisory Board Member for the A. Alfred Taubman Medical Research Institute. Board of trustees for the Museum of Arts & Design in New York.

David Wolff

Mr. David A. Wolff has been appointed as the Chief Accounting Officer, Manager of Taubman Centers, Inc. Mr. Wolff was Vice President, Financial Reporting of the Manager from March 2012 to March 2015. He previously served as Director, Accounting Standards & Compliance of the Manager and in various financial reporting, compliance and technical accounting capacities since joining the Manager in 1997. Prior to joining the Manager, Mr. Wolff was an audit manager at Deloitte & Touche, where he worked for seven years.

Stephen Kieras

Mr. Stephen J. Kieras is Executive Vice President, Development of The Taubman Company LLC, of Taubman Centers, Inc Mr. Kieras was Senior Vice President, Development from September 2004 to March 2015. Mr. Kieras was a Group Vice President, Development of the Manager from 2001 to September 2004, a Vice President, Development from 1998 to 2001 and a Director, Development from 1990, when he joined the Manager, to 1998.

Myron Ullman

Mr. Myron E. (Mike) Ullman III, serves as Lead Independent Director of the Company. Mr. Ullman is a member of the Board of Directors of Starbucks Corporation and its lead director. Mr. Ullman until recently was executive chairman of J.C. Penney Company, Inc. and held numerous leadership and executive roles at the company, including chief executive officer and member of the Board (2013 to 2015), executive chairman (2011 to 2012), and chairman of the Board and chief executive officer (2004 to 2011). Mr. Ullman was previously chairman of the Federal Reserve Bank of Dallas through the end of 2014. He also served as directeur general, group managing director of LVHM Moët Hennessy Louis Vuitton, a luxury goods manufacturer and retailer from July 1999 to 2002. From 1995 to 1999, Mr. Ullman served as chairman and chief executive officer of DFS Group Limited, a retailer of luxury branded merchandise. From 1992 to 1996, Mr. Ullman was chairman and chief executive officer of R.H. Macy & Co., Inc. He previously served on the Boards of Ralph Lauren Corporation, Saks, Inc., and Pzena Investment Management, Inc.

Graham Allison

Dr. Graham T. Allison Ph.D is an Independent Director of the Taubman Centers, Inc. Douglas Dillon is Professor of Government and the Director of the Belfer Center for Science and International Affairs at Harvard University, serving in such capacities since 1995. He has been a leading analyst of U.S. national security and defense policy for over three decades. Former United States Assistant Secretary of Defense in the first Clinton administration. Also served as a special advisor to the Secretary of Defense under President Reagan and numerous public committees and commissions related to national security and defense issues As “founding dean” of the Kennedy School of Harvard University, he built the major professional school of public policy and government from 1977 to 1989. Served as a director of Natixis Global Asset Management, the Loomis Sayles Funds and the Hansburger Funds from 1984 to 2012. He also previously served as a director of CDC Nvest Funds and IXIS Asset Advisors, as well as Belco Oil and Gas, Chase Manhattan Bank, Getty Oil Company, and USEC. Served as a director of Joule Unlimited (f/k/a Joule Biotechnologies) since 2009.

Cia Buckley Marakovits

Ms. Cia Buckley Marakovits is Independent Director of the company. Ms. Buckley Marakovits is chief investment officer, partner, managing director and a member of the Investment Committee at Dune Real Estate Partners. During her nearly 10 year tenure at Dune, as a key member of the senior team Ms. Buckley Marakovits has been involved in the acquisition of approximately $9 billion in investments across multiple sectors. Prior to joining Dune in 2007, Ms. Buckley Marakovits was the president of the U.S. Fund Business for JER Partners, an affiliate of the J.E. Robert Companies. Ms. Buckley Marakovits joined JER in 1997 and held a variety of positions, including chief financial officer. Before joining JER, Ms. Buckley Marakovits spent nine years in the Real Estate Investment Banking Group of Bankers Trust, where she successfully managed a variety of investments. Ms. Buckley Marakovits is a member of the Urban Land Institute where she is a trustee and a member of the ULI Foundation Board of Directors. She is chair of the Investment Committee, a member of the Audit Committee and active in the Women's Leadership Initiative at ULI. Ms. Buckley Marakovits is a member of the Pension Real Estate Association, serves as a member of Columbia Business School's MBA Real Estate Program Advisory Board and is a member of the Executive Committee of the Samuel Zell and Robert Lurie Real Estate Center at the Wharton School. She is a member of Women Executives in Real Estate ("WX") and was honored as the WX Woman of the Year in 2011. Ms. Buckley Marakovits was selected by PERE as one of the Top Ten Women in Real Estate Private Equity. She also serves on the Board of Trustees of Collegiate School in New York City. Ms. Buckley Marakovits received an M.B.A. from Columbia University and a B.A. from Lafayette College.

Jerome Chazen

Mr. Jerome A. Chazen is an Independent Director of Taubman Centers, Inc. Mr. Chazen has served as Chairman of Chazen Capital Partners, a private investment company, since 1996 . Chairman Emeritus of Fifth & Pacific Companies Inc. (f/k/a Liz Claiborne, Inc.), a company he founded with three other partners in 1976. Serves as a board member, executive or trustee for numerous educational and charitable organizations. He is founder of the Jerome A. Chazen Institute of International Business, the focal point of all international programs at Columbia University Business School. Significant knowledge of the Company and its culture based on his 24 years of service as a director . In-depth knowledge and expertise in retail shopping, brand marketing, senior leadership, strategic planning, and international business through his development and leadership of Fifth & Pacific Companies Inc. (f/k/a Liz Claiborne, Inc.), which enables him to provide a unique insight to the Company's tenants, centers and international expansion . Significant expertise in entrepreneurship, finance and accounting, executive management, acquisitions and dispositions, and strategic planning through his leadership of Fifth & Pacific Companies Inc. (f/k/a Liz Claiborne, Inc.) and more recently through his private investment entity and numerous charitable organizations.

Craig Hatkoff

Mr. Craig M. Hatkoff is an Independent Director of Taubman Centers, Inc. In 2015, Mr. Hatkoff served as an Adjunct Professor at Columbia Business School, where he taught courses on entrepreneurship and innovation. Co-founder of the Tribeca Film Festival. Chairman of Turtle Pond Publications LLC, which is active in children's publishing and entertainment and is a private investor in other entrepreneurial ventures.Served as Vice Chairman of Capital Trust, Inc., a real estate investment management company (NYSE) and one of the largest dedicated real estate mezzanine lenders, from 1997 to 2000, and served on the board of directors from 1997 to 2010. From 2002 to 2005, served as a trustee of the New York City School Construction Authority, the agency responsible for the construction of all public schools in New York City. Founder and a managing partner of Victor Capital Group, L.P., from 1989 until its acquisition in 1997 by Capital Trust, Inc. Previously, spent 11 years at Chemical Bank, including as co-head of the real estate investment banking unit, where he was a pioneer in commercial mortgage securitization

Peter Karmanos

Mr. Peter J. Karmanos, Jr., is an Independent Director of Taubman Centers, Inc. Mr. Karmanos has served as Chairman and co-founder of MadDog Technology, a company formed in 2014 that partners with companies to create digital enterprises. Co-owner of the Carolina Hurricanes and is the owner of the Florida Everblades. Founded Compuware Corporation, a global provider of software solutions and professional services headquartered in Detroit, Michigan. Mr. Karmanos served as a director of Compuware from its inception in 1973 to March 2013, as its Chairman from November 1978 to March 2013, as its Executive Chairman from June 2011 to March 2013, as its Chief Executive Officer from July 1987 to June 2011, and as its President from October 2003 to March 2008. Mr. Karmanos founded the Barbara Ann Karmanos Institute.

Ronald Tysoe

Mr. Ronald William Tysoe is an Independent Director of the Taubman Centers, Inc. Mr. Tysoe was Scripps Networks Interactive, Inc. (spun off from E.W. Scripps Company), a media and broadcasting enterprise, since July 2008 (Chairman of the Audit Committee and a member of the Compensation Committee). Canadian Imperial Bank of Commerce, since February 2004 (Chairman of the Risk Management Committee). Cintas Corporation, since December 2007 (Chairman of the Audit Committee and a member of the Nominating and Corporate Governance Committee). J. C. Penney Company, Inc., since August 2013 (member of the Committee of the Whole, the Finance and Planning Committee and Chairman of the Human Resources and Compensation Committee). Senior Advisor at Perella Weinberg Partners LP, a boutique investment banking firm in New York from October 2006 through September 2007. Vice Chairman, Finance and Real Estate, of Federated Department Stores, Inc. (now Macy's, Inc.), from April 1990 to 2006, including as Chief Financial Officer of Federated from 1990 to 1997. Served on the Federated board of directors from 1988 until 2005.

Ryan Hurren