People: Cedar Realty Trust Inc (CDR.N)
CDR.N on New York Stock Exchange
5.48USD
1:33pm EDT
5.48USD
1:33pm EDT
Price Change (% chg)
$0.01 (+0.18%)
$0.01 (+0.18%)
Prev Close
$5.47
$5.47
Open
$5.45
$5.45
Day's High
$5.52
$5.52
Day's Low
$5.45
$5.45
Volume
14,650
14,650
Avg. Vol
135,496
135,496
52-wk High
$6.63
$6.63
52-wk Low
$4.61
$4.61
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Roger Widmann |
73 | 2011 | Non-Executive Independent Chairman of the Board |
Bruce Schanzer |
44 | 2011 | President, Chief Executive Officer, Director |
Philip Mays |
45 | 2011 | Chief Financial Officer |
Brenda Walker |
60 | 2009 | Chief Operating Officer, Vice President |
James Burns |
73 | 2001 | Independent Director |
Pamela Hootkin |
65 | 2008 | Independent Director |
Paul Kirk |
75 | 2011 | Independent Director |
Everett Miller |
68 | 1998 | Independent Director |
Brad Cohen |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
Roger Widmann |
Mr. Roger M. Widmann is Non-Executive Independent Chairman of the Board of Cedar Realty Trust Inc. Mr. Widmann is a director since 2003, non-executive Chairman of the Board since June 2011. He was a principal of the investment banking firm of Tanner & Co., Inc. from 1997 to 2004. From 1986 to 1995, Mr. Widmann was a senior managing director of Chemical Securities, Inc., a subsidiary of Chemical Banking Corporation (now JPMorgan Chase Corporation). Prior to joining Chemical Securities, Inc., Mr. Widmann was a founder and managing director of First Reserve Corporation, the independent energy investing firm in the U.S. Previously, he was senior vice president with the investment banking firm of Donaldson, Lufkin & Jenrette, responsible for the firm’s domestic and international investment banking business. He had also been a vice president with New Court Securities (now Rothschild, Inc.). He was a director of Lydall, Inc. (listed on the New York Stock Exchange), a manufacturer of thermal, acoustical and filtration materials, from 1974 to 2004, and its chairman from 1998 to 2004. He is a director of Standard Motor Products, Inc. (listed on the New York Stock Exchange), a manufacturer of automobile replacement parts, is Chairman of Keystone National Group, a fund of private equity funds, and is Chairman and CEO of Cutwater Associates LLC, a corporate advisory firm. He is also a senior moderator of the Aspen Seminar at The Aspen Institute, and Vice Chairman of Oxfam America. Mr. Widmann received a B.A. from Brown University and a J.D. from Columbia University. |
Bruce Schanzer |
Mr. Bruce J. Schanzer is President, Chief Executive Officer, Director of Cedar Realty Trust Inc., since June 2011. Prior thereto and since 2007, Mr. Schanzer had been employed by Goldman Sachs & Co., with his most recent position being a managing director in the real estate investment banking group. From 2001 to 2007, Mr. Schanzer was employed by Merrill Lynch, with his last position being vice president in their real estate investment banking group. Earlier in his career, Mr. Schanzer practiced real estate law for six years in New York. Mr. Schanzer received a B.A. from Yeshiva University, an M.B.A. from the University of Chicago, and a JD from Benjamin N. Cardozo School of Law, where he was a member of the Law Review. |
Philip Mays |
Mr. Philip R. Mays is Chief Financial Officer of Cedar Realty Trust Inc., since June 2011. From May 2005 until June 2011, Mr. Mays was employed by Federal Realty Investment Trust, a publicly-traded equity REIT specializing in shopping centers, where he initially served as Controller, was subsequently promoted to Chief Accounting Officer in September 2006, and again to Vice President, Chief Accounting Officer in February 2007. Prior to joining Federal Realty, he was Vice President of Finance and Corporate Controller for CRIIMI MAE, Inc. from June 2004 until May 2005. Earlier in his career, Mr. Mays held various accounting and finance positions, including seven years as an accountant at Ernst & Young, LLP, with his last position being senior manager, and where he supervised audits and assisted clients in the real estate, construction and hospitality industries, including publicly-traded REITs. Mr. Mays is a certified public accountant and a member of the American Institute of Certified Public Accountants. Mr. Mays received a B.S. degree from Jacksonville University, Florida. |
Brenda Walker |
Ms. Brenda J. Walker is Chief Operating Officer, Vice President of Cedar Realty Trust Inc. She has been a vice president of the Company since 1998, was elected Chief Operating Officer in 2009, was a director from 1998 until June 2008, and was treasurer from April 1998 until November 1999. She was an executive officer since 1992 of the real estate management companies, and their respective predecessors and affiliates, which were merged into the Company in 2003. Ms. Walker has been involved in real estate-related finance, property and asset management for more than thirty-five years. Ms. Walker received a B.A. from Lincoln University, Pennsylvania. |
James Burns |
Mr. James J. Burns is Independent Director of Cedar Realty Trust Inc. Mr. Burns is a member of the Audit (Chair) and Nominating/Corporate Governance Committees, was chief financial officer and senior vice president of Reis, Inc. (formerly Wellsford Real Properties, Inc.) from December 2000 until March 2006, and vice chairman from April 2006 until March 2009, when he entered into a consulting role at that company (where he continues to have the primary responsibility for income tax reporting and compliance). He joined Reis in October 1999 as chief accounting officer upon his retirement from Ernst & Young LLP in September 1999. At Ernst & Young LLP, Mr. Burns was a senior audit partner in the E&Y Kenneth Leventhal Real Estate Group for 22 years. Since 2000, Mr. Burns has also served as a director of One Liberty Properties, Inc., a real estate investment trust listed on the New York Stock Exchange. Mr. Burns is a certified public accountant and a member of the American Institute of Certified Public Accountants. Mr. Burns received a B.A. and M.B.A. from Baruch College of the City University of New York. |
Pamela Hootkin |
Ms. Pamela N. Hootkin is Independent Director of Cedar Realty Trust Inc. Ms. Hootkin, a member of the Audit and Compensation Committees, retired at the end of April 2012 from her position as senior vice president at PVH Corp. (formerly Phillips-Van Heusen Corporation), a position she held since since May 2010. She joined PVH Corp. in 1988 as vice president, treasurer and corporate secretary; in 1999 she became vice president, treasurer and director of investor relations, and in June 2007 she became senior vice president, treasurer and director of investor relations. From 1986 to 1988, Ms. Hootkin was vice president and chief financial officer of Yves Saint Laurent Parfums, Inc. From 1975 to 1986, she was employed by Squibb Corporation in various capacities, with her last position being vice president and treasurer of a division of Squibb. Ms. Hootkin is a board member of Safe Horizon, New York (a not-for-profit organization) where she also serves on the executive, finance and audit committees. Ms. Hootkin received a B.A. from the State University of New York at Binghamton and a M.A. from Boston University. |
Paul Kirk |
Mr. Paul G. Kirk, Jr., is Independent Director of Cedar Realty Trust Inc. Mr. Kirk, Jr., a director from 2005 to September 2009, when he resigned as the result of his appointment as a United States Senator for Massachusetts to the seat previously held by the late Senator Edward M. Kennedy, and re-elected to the Board in June 2010, is a member of the Compensation and Nominating/Corporate Governance (Chair) Committees, and is a retired partner of the law firm of Sullivan & Worcester, LLP of Boston, MA. He was a member of the firm from 1977 through 1990. He also serves as Chairman and CEO of Kirk & Associates, Inc., a business advisory and consulting firm, and currently serves on the Board of Directors of the Hartford Financial Services Group, Inc. He has previously served on the Boards of Directors of Rayonier, Incorporated (a real estate investment trust listed on the New York Stock Exchange) (1994 to 2011), ITT Corporation (1989 to 1997) and Bradley Real Estate, Inc. (1991 to 2000), a real estate investment trust that was subsequently acquired by Heritage Property Investment Trust, Inc. Mr. Kirk was a founding Director of the John F. Kennedy Library Foundation and served as its Chairman from 1992 to 2009. He was a founding Director of the Commission on Presidential Debates and served as its Co-Chairman from 1987 to 2009. From 1985 to 1989, Mr. Kirk served as Chairman of the Democratic Party of the U.S., and from 1983 to 1985 as its Treasurer. A graduate of Harvard College and Harvard Law School, Mr. Kirk is past-Chairman of the Harvard Board of Overseers’ Nominating Committee and of the Harvard Board of Overseers’ Committee to Visit the Department of Athletics. He has received many awards for civic leadership and public service, including honorary doctors of law degrees from Stonehill College and the Southern New England School of Law. |
Everett Miller |
Mr. Everett B. Miller, III, is Independent Director of Cedar Realty Trust Inc. Mr. Miller, a member of the Audit and Compensation (Chair) Committees. He has been since July 2012 the Director of the Real Estate Bureau for the New York State Common Retirement Fund. In July 2012, Mr. Miller resigned his position as a member of the Real Estate Advisory Committee of the New York State Common Retirement Fund, a position he had held since March 2003, in order to accept his current position. He retired at the end of 2011 from his position as vice president of alternative investments at the YMCA Retirement Fund, a position he had held since September 2003. Prior to his retirement in May 2002 from Commonfund Realty, Inc., a registered investment advisor, Mr. Miller was the chief operating officer of that company from 1997 until May 2002. From January 1995 through March 1997, Mr. Miller was the Principal Investment Officer for Real Estate and Alternative Investment at the Office of the Treasurer of the State of Connecticut. Prior thereto, Mr. Miller was employed for eighteen years at affiliates of Travelers Realty Investment Co., at which his last position was senior vice president. Mr. Miller received a B.S. from Yale University. |
Brad Cohen |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Roger Widmann |
-- |
Bruce Schanzer |
1,310,000 |
Philip Mays |
1,128,740 |
Brenda Walker |
774,996 |
James Burns |
-- |
Pamela Hootkin |
-- |
Paul Kirk |
-- |
Everett Miller |
-- |
Brad Cohen |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Roger Widmann |
0 | 0 |
Bruce Schanzer |
0 | 0 |
Philip Mays |
0 | 0 |
Brenda Walker |
3,333 | 11,899 |
James Burns |
0 | 0 |
Pamela Hootkin |
0 | 0 |
Paul Kirk |
0 | 0 |
Everett Miller |
0 | 0 |
Brad Cohen |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
SCHANZER BRUCE J |
10,000 | $5.36 |
MAYS PHILIP |
12,672 | $0.00 |
MAYS PHILIP |
369,718 | $0.00 |
WALKER BRENDA J |
52,816 | $0.00 |
MAYS PHILIP |
2,691 | $0.00 |
WALKER BRENDA J |
12,477 | $0.00 |
WALKER BRENDA J |
27,985 | $0.00 |
WIDMANN ROGER M |
10,110 | $0.00 |
HOOTKIN PAMELA N |
10,110 | $0.00 |
BURNS JAMES J |
10,110 | $0.00 |
MILLER EVERETT B III |
10,110 | $0.00 |
KIRK PAUL G JR |
10,110 | $0.00 |
DAVLOOR RAGHUNATH |
28,670 | $0.00 |
SCHANZER BRUCE J |
2,000,000 | $0.00 |
HOOTKIN PAMELA N |
1,037 | $0.00 |
MILLER EVERETT B III |
1,037 | $0.00 |
DAVLOOR RAGHUNATH |
1,037 | $0.00 |
KIRK PAUL G JR |
1,037 | $0.00 |
BURNS JAMES J |
1,037 | $0.00 |
WIDMANN ROGER M |
1,037 | $0.00 |
MAYS PHILIP |
12,168 | $0.00 |
MAYS PHILIP |
86,597 | $0.00 |
WALKER BRENDA J |
46,391 | $0.00 |
WALKER BRENDA J |
23,504 | $0.00 |
RICHEY THOMAS B |
21,355 | $0.00 |

