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United States

DDR Corp (DDR.N)

DDR.N on New York Stock Exchange

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24 Mar 2017
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Summary

Name Age Since Current Position

Terrance Ahern

60 2011 Independent Chairman of the Board

David Lukes

46 2017 President, Chief Executive Officer, Director

Matthew Ostrower

45 2017 Chief Financial Officer, Executive Vice President, Treasurer

Michael Makinen

2017 Chief Operating Officer, Executive Vice President

Matthew Lougee

2014 Senior Vice President - Finance, IR Contact Officer

Jane DeFlorio

46 2017 Director

Thomas Finne

57 2009 Director

Alexander Otto

49 2015 Director

Robert Gidel

64 2000 Independent Director

Victor MacFarlane

64 2002 Independent Director

Scott Roulston

58 2004 Independent Director

Barry Sholem

60 1998 Independent Director

Biographies

Name Description

Terrance Ahern

Mr. Terrance R. Ahern is an Independent Chairman of the Board of DDR Corp. Mr. Ahern is Co-Founder, Principal and Chief Executive Officer of The Townsend Group, an institutional real estate advisory and investment management firm formed in 1986. Mr. Ahern also is a member of the firm’s Investment Committee. The Townsend Group serves as adviser to, or invests on behalf of, domestic and offshore public and private pension plans, endowments and foundations, and sovereign wealth funds. Mr. Ahern is a past member of the Young Presidents Organization, the Pension Real Estate Association (PREA), the National Association of Real Estate Investment Trusts (NAREIT), and the National Council of Real Estate Investment Fiduciaries. He is a former member of the Board of Directors of PREA and the Board of Editors of Institutional Real Estate Securities. Mr. Ahern has been a frequent speaker at industry conferences, including PREA, NAREIT and the National Association of Real Estate Investment Managers.

David Lukes

Mr. David R. Lukes serve as President, Chief Executive Officer, Director of the Company. He served as CEO of Equity One fromJune 2014toMarch 2017. Prior to joining Equity One, he served as President and CEO of Sears Holdings Corporation affiliate Seritage Realty Trust. Mr. Lukes also previously served as President and CEO of Olshan Properties (formerly Mall Properties, Inc.) as well as Chief Operating Officer of Kimco Realty Corporation.

Matthew Ostrower

Mr. Matthew L. Ostrower serves as Chief Financial Officer, Executive Vice President, Treasurer of the Company. Mr. Ostrower served as Executive Vice President, Chief Financial Officer and Treasurer of Equity One from March 2015 to March 2017. Prior to joining Equity One, Mr. Ostrower held several roles at Morgan Stanley, including Associate Director of European Research and head of U.S. REIT Equity Research. Mr. Ostrower was also a member of the Board of Directors of Ramco-Gershenson Properties Trust from 2010 to February 2015.

Michael Makinen

Mr. Michael A. Makinen serves as Chief Operating Officer, Executive Vice President of the Company. Mike Makinen served as Executive Vice President and Chief Operating Officer of Equity One from July 2014 to March 2017. Prior to joining Equity One, Mr. Makinen served as Chief Operating Officer of Olshan Properties. Mr. Makinen also previously served as the head of real estate and development with several major retailers.

Matthew Lougee

Jane DeFlorio

Ms. Jane E. DeFlorio is Director of the Company. Ms. DeFlorio is a seasoned investment banker who has extensive experience advising mid- to large-cap retail and e-commerce clients on shareholder value creation strategies, mergers and acquisitions, capital structure, and product and market expansion initiatives. Ms. DeFlorio was a former managing director in the U.S. Retail and Consumer Investment Banking Group with Deutsche Bank Securities. Prior to her time at Deutsche Bank, Ms. DeFlorio served as an executive director in investment banking at UBS, where she advised a wide range of mid- to large-cap retail and consumer clients. Previously, she served as a vice president in investment banking at Morgan Stanley & Co., where she specialized in advising e-commerce companies. In her current role at Perry Ellis, Ms. DeFlorio serves on the audit, governance and investment committees of the board. Ms. DeFlorio also serves on several non-profit boards, including as vice chair of the Board of Trustees and chair of the audit and risk committee atThe New School University, and as a member of the board of governors at The Parsons School of Design. She earned a bachelor's degree in mechanical engineering from the University of Notre Dame, and an MBA from Harvard University.

Thomas Finne

Dr. Thomas Finne is Director of DDR Corp. Dr. Finne is the Managing Director of KG CURA Vermögensverwaltung G.m.b.H. & Co., a commercial real estate company located in Hamburg, Germany, that manages assets in North America and Europe. Prior to joining KG CURA Vermögensverwaltung G.m.b.H. & Co. in 1992, Dr. Finne was responsible for controlling, budgeting, accounting and finance for Bernhard Schulte KG, a ship owner and ship manager located in Hamburg, Germany. He is currently serving as a director of Sonae Sierra Brasil S.A., which owns and operates retail real estate assets in Brazil. Dr. Finne graduated with an undergraduate degree in business administration and received his doctorate from the International Tax Institute at the University of Hamburg.

Alexander Otto

Mr. Alexander Otto is Director of he Company. Mr. Otto has served as the Chief Executive Officer of ECE Projektmanagement G.m.b.H. & Co. KG, a commercial real estate company based in Hamburg, Germany that manages assets in Europe, since 2000. Mr. Otto is a graduate of St. Clare’s, Oxford and studied at Harvard University and Harvard Business School. Mr. Otto is a member of the boards of directors, or equivalent governing bodies, of publicly traded companies Deutsche EuroShop AG and Sonae Sierra Brasil S.A., as well as the privately held companies Otto Group and Peek & Cloppenburg KG. Additionally, Mr. Otto is the Chairman of Lebendige Stadt (“Vibrant City”) Foundation, HSV Campus gemeinnützige GmbH and the Alexander Otto Sportstiftung Foundation, is a member of the board of the Harvard Business School Foundation of Germany and, together with his wife, established the Dorit and Alexander Otto Foundation.

Robert Gidel

Mr. Robert H. Gidel is an Independent Director of DDR Corp. Mr. Gidel has been the Managing Member of Liberty Partners, LLC, a company that invests in both private and publicly traded real estate and finance focused operating companies, since 1998. Mr. Gidel has served on the Board of Directors of Nationstar Mortgage Holdings, Inc. since 2012 and was Chairman of Florida Polytechnic University’s Board of Trustees from 2012 to 2014. Mr. Gidel was President of Ginn Development Company, LLC, one of the largest privately-held developers of resort communities and private clubs in the Southeast, from July 2007 until April 2009. Mr. Gidel was Chairman of the Board of Directors of LNR Property Holdings, a private multi-asset real estate company, from 2005 until 2007. Until January 2007, he was a member of the Board of Directors and Lead Director of Global Signal Inc., a real estate investment trust. He was a Trustee of Fortress Registered Investment Trust and a Director of Fortress Investment Fund II, LLC from 1999 to 2012, both of which were registered investment companies. From 1998 until 2005, Mr. Gidel was the independent member of the investment committee of the Lone Star Funds I, II, III, IV and V. Mr. Gidel was also a member of the Board of Directors of U.S. Restaurant Properties, Inc. until 2005 and a member of the Board of Directors of American Industrial Properties REIT until 2001. Mr. Gidel was elected a NASD Fellow and is on the Board of Directors of University of Florida Investment Corporation.

Victor MacFarlane

Mr. Victor B. MacFarlane is an Independent Director of DDR Corp. Mr. MacFarlane is Managing Principal, Chairman and Chief Executive Officer of MacFarlane Partners, which he founded in 1987 to provide real estate investment management services to institutional investors. Mr. MacFarlane has more than 30 years of real estate experience. He sits on the Boards of Directors of the Robert Toigo Foundation and the Real Estate Executive Council. He also serves on the Board of Advisors for the UCLA School of Law and the board facilities committee of Stanford Hospital & Clinics. He is a member and former Trustee of the Urban Land Institute (ULI); a member and former Director of PREA; and a member of the International Council of Shopping Centers (ICSC), the Chief Executives Organization and the World Presidents’ Organization.

Scott Roulston

Mr. Scott D. Roulston is an Independent Director of DDR Corp. Mr. Roulston is Managing Director of MAI Capital Management, LLC (MAI), a position which he has held since 2013. MAI is a registered investment advisor. He is a Trustee of the Ohio Police and Fire Pension Fund. He was Managing Director at Burdette Asset Management, a private equity fund manager, from 2011 to January 2013. From 1990 to 2010, he was Chief Executive Officer of Roulston & Company, a firm that provided investment research and management, and its successor firm, Fairport Asset Management. He is Director and Chairman of Bluecoats, Inc. and a Director of University Circle, Inc. He is a former Director of Defiance, Inc., where he served as Chair of the Compensation Committee and member of the Audit Committee. Mr. Roulston is a graduate of Dartmouth College.

Barry Sholem

Mr. Barry A. Sholem is an Independent Director of DDR Corp. Mr. Sholem became a partner of MSD Capital, L.P., the family office of Michael and Susan Dell, and head of its real estate fund in July 2004. From 1995 until 2000, Mr. Sholem was Chairman of DLJ Real Estate Capital Partners, a $2 billion real estate fund that he co-founded and that invested in a broad range of real estate-related assets, and a Managing Director at Credit Suisse First Boston. Prior to forming DLJ Real Estate Capital Partners, Mr. Sholem spent ten years at Goldman Sachs in its New York and Los Angeles offices. Mr. Sholem is active in ULI (CRC Silver Council), ICSC, the University of California, Berkeley Real Estate Advisory Board and the Business Roundtable.