People: Pennsylvania Real Estate Investment Trust (PEI)
PEI on New York Consolidated
21.19USD
24 May 2013
21.19USD
24 May 2013
Price Change (% chg)
$-0.21 (-0.98%)
$-0.21 (-0.98%)
Prev Close
$21.40
$21.40
Open
$21.24
$21.24
Day's High
$21.32
$21.32
Day's Low
$20.97
$20.97
Volume
470,540
470,540
Avg. Vol
733,377
733,377
52-wk High
$22.54
$22.54
52-wk Low
$11.81
$11.81
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Ronald Rubin |
80 | 2012 | Executive Chairman of the Board of Trustees |
Joseph Coradino |
60 | 2012 | Chief Executive Officer, Executive Vice President - Retail, Trustee |
George Rubin |
69 | 2004 | Vice Chairman of the Board of Trustees |
Robert McCadden |
54 | 2004 | Chief Financial Officer, Executive Vice President |
Bruce Goldman |
53 | 2005 | Executive Vice President, General Counsel, Secretary |
Jeffrey Linn |
63 | 2005 | Executive Vice President - Acquisitions |
Jonathen Bell |
44 | 2007 | Senior Vice President, Chief Accounting Officer |
Dorrit Bern |
62 | 2009 | Independent Trustee |
Stephen Cohen |
66 | 2004 | Independent Trustee |
M. Walter D'Allessio |
77 | 2011 | Lead Independent Trustee |
Leonard Korman |
76 | 1996 | Independent Trustee |
Ira Lubert |
62 | 2001 | Independent Trustee |
Donald Mazziotti |
66 | 2003 | Independent Trustee |
Mark Pasquerilla |
53 | 2003 | Trustee |
John Roberts |
67 | 2003 | Independent Trustee |
Gail Nixon |
Investor Relations Specialist |
Biographies
| Name | Description |
|---|---|
Ronald Rubin |
Mr. Ronald Rubin has been appointed as Executive Chairman of the Board of Trustees of Pennsylvania Real Estate Investment Trust., effective June 7, 2012. He is no longer as Chief Executive Officer of the Company, effective June 7, 2012. He is a accomplished and well-known leader in the real estate industry. He has served as CEO of PREIT since 1997, when The Rubin Organization, which he founded, was acquired by PREIT. He became Chairman of PREIT's Board of Trustees in 2001. In addition to serving as a Trustee of the International Council of Shopping Centers, he is the co-Chairman of the National Museum of American Jewish History and a Director of PECO Energy Company, a subsidiary of Exelon Corporation. He has also been actively involved with prominent local organizations in Philadelphia, including as a director of the Regional Performing Arts Center, the past chairman of Center City District, the former president of the Jewish Federation of Greater Pennsylvania, and a former director of The Franklin Institute, the Philadelphia Orchestra, and the United Jewish Appeal. |
Joseph Coradino |
Mr. Joseph F. Coradino has been appointed as Chief Executive Officer, Executive Vice President - Retail, Trustee of Pennsylvania Real Estate Investment Trust. He has been President of PREIT Services, LLC and PREIT-RUBIN, Inc. since 2004. Executive Vice President-Retail of PREIT since 2001. Executive Vice President-Retail Division and Treasurer of PREIT-RUBIN, Inc. from 1998 to 2004. From 1997 to 1998, Senior Vice President-Retail Division and Treasurer, PREIT-RUBIN, Inc. Director of A.C. Moore Arts & Crafts, Inc. since 2006. Trustee of the University of the Arts, Philadelphia, Pennsylvania. |
George Rubin |
Mr. George F. Rubin is Vice Chairman of the Board of Trustees of Pennsylvania REIT. He is President and Secretary, PREIT Services, LLC and PREIT-RUBIN, Inc. from 1997 to 2004. Chairman of the Board of Thorncroft Therapeutic Horseback Riding, Inc. Trustee emeritus of Lafayette College. Former treasurer of the Philadelphia Vietnam Veterans Memorial Committee. Appointed by former President George W. Bush to the Veterans Committee on Education. |
Robert McCadden |
Mr. Robert F. McCadden is Chief Financial Officer, Executive Vice President of Pennsylvania REIT. since 2004. From 2002 to 2004, Partner of KPMG LLP. From 1993 to 2002, Partner of Arthur Andersen LLP. Director of Independence Realty Trust, Inc. (multifamily real estate investment and management) since February 2011. |
Bruce Goldman |
Mr. Bruce Goldman is Executive Vice President, General Counsel, Secretary of Pennsylvania REIT. He has been Executive Vice President and General Counsel of PREIT since 2002, and Secretary of PREIT since 2005. From 2001 to 2002, Senior Vice President-General Counsel of PREIT. From 2000 to 2001, Senior Vice President-Legal of PREIT. From 1997 to 2000, Vice President of New City Development, the development subsidiary of Mirage Resorts, Inc. |
Jeffrey Linn |
Mr. Jeffrey A. Linn is Executive Vice President - Acquisitions of Pennsylvania REIT. From 1995 to 2001, Senior Vice President-Acquisitions of PREIT. Secretary of PREIT from 1995 to 2005. |
Jonathen Bell |
Mr. Jonathen Bell is Senior Vice President, Chief Accounting Officer of Pennsylvania REIT. He has been Senior Vice President of PREIT since 2007. Chief Accounting Officer of PREIT since 2006. Vice President-Financial Services of PREIT from 1999 to 2007. From 2003 to 2006, Corporate Controller of PREIT. From 1997 to 1999, controller of Washington REIT in Rockville, Maryland. |
Dorrit Bern |
Ms. Dorrit J. Bern is Independent Trustee of Pennsylvania R.E.I.T. She is Fritzky Leadership Chair, Foster School of Business at the University of Washington, from 2009 to 2010. Former Chairman, President and Chief Executive Officer of Charming Shoppes, Inc., a multichannel specialty women’s apparel retailer, from 1997 to 2008, and Vice Chairman, President and Chief Executive Officer from 1995 to 1997. Group Vice President, women’s apparel and home furnishings, and other positions, Sears, Roebuck & Co., from 1987 to 1995. Merchandising positions at The Bon Marche and Joske’s, divisions of Allied Department Stores, from 1974 to 1987. Former director, OfficeMax Incorporated, and a member of its audit and compensation committees, from 2006 to 2011. Former director of Southern Company. Member of The Fashion Group International and The Committee of 200, an association of America’s women business leaders. Former member of the board of the National Retail Federation. Member of the board of the Jay H. Baker Retail Initiative at The Wharton School, University of Pennsylvania. Instructor for the Wharton School’s continuing education program for corporate board members. |
Stephen Cohen |
Mr. Stephen B. Cohen is Independent Trustee of Pennsylvania R.E.I.T. He is Professor of Law, Georgetown University, since 1980. Has also taught at Harvard University, Stanford University, the University of Wisconsin, the University of Capetown (South Africa) and Tel Aviv University. Served as Corporate Secretary and Board Member of the Southern Africa Enterprise Development Fund from 1994 to 2002 and as Deputy Assistant Secretary of State from 1978 to 1980. |
M. Walter D'Allessio |
Mr. M. Walter D'Allessio is Lead Independent Trustee of Pennsylvania R.E.I.T. He has been Vice Chairman of NorthMarq Capital, a Minneapolis-based real estate investment banking firm with an office in Philadelphia, and Senior Managing Director of NorthMarq Advisors, a real estate consultancy, since 2003. Non-executive Chairman of the Board of Brandywine Realty Trust (office and industrial real estate development and management), headquartered in Radnor, Pennsylvania, since 2004. Serves on the boards of directors of Exelon Corporation, Independence Blue Cross (Chairman), Point Five Technologies, Inc., the Federal Home Loan Bank–Pittsburgh and the Greater Philadelphia Chamber of Commerce. From 1982 to 2003, served as Chairman and Chief Executive Officer of Legg Mason Real Estate Services, Inc., a commercial mortgage, banking and pension fund advisory firm headquartered in Philadelphia. |
Leonard Korman |
Mr. Leonard I. Korman is Independent Trustee of Pennsylvania R.E.I.T. He has been Chairman and Chief Executive Officer, Korman Commercial Properties, Inc. (real estate development and management). Partner of The Korman Company, trustee of Albert Einstein Health Care Network and Thomas Jefferson University. Former director of CoreStates Bank, N.A. Served on the Regional Advisory Board of First Union National Bank, and the boards of the Pennsylvania Academy of Fine Arts and the Jewish Federation of Greater Philadelphia. |
Ira Lubert |
Mr. Ira M. Lubert is Independent Trustee of Pennsylvania R.E.I.T. He is Chairman of Independence Capital Partners and of Lubert-Adler Partners, L.P., companies specializing in private equity investments in real estate and other entrepreneurial opportunities. Co-founder and managing partner of LLR Equity Partners, L.P., a venture fund making private equity investments in Mid-Atlantic growth companies and middle market special opportunity situations. Chairman of GF Management, a company that specializes in the ownership and management of hospitality properties. Co-founder of the following funds: LEM Mezzanine Fund, a fund making mortgage loans; Quaker Bio Venture, a private equity fund engaged in making health care and life science investments; Patriot Financial Partners, a private equity fund focused on community banks, thrifts and other financial service related companies; Versa Capital Management, a fund specializing in distressed and special situations, including restructurings and turnarounds, reorganizations and recapitalizations; Rubinstein Partners, a fund specializing in directing and managing value-added office real estate investments; and LBC Partners, a fund that provides middle market financing solutions through debt and co-investments. |
Donald Mazziotti |
Mr. Donald F. Mazziotti is Independent Trustee of Pennsylvania R.E.I.T. He has been Community Development Director, City of Beaverton, Oregon since 2009. Principal, Development Equities & Advisories LLC (real estate development and consulting) since 2005. Senior Vice President, Urban and Mixed Use Development, Harsch Investment Properties, Portland, Oregon, from 2005 to 2007. Chief Executive Officer, Portland Development Commission, 2001 to 2005. Chief Information Officer, State of Oregon, 1998 to 2000. Chairman of Delta Development Group, Inc. (government relations, economic planning and management consulting) from 1995 to 1997. Chief Executive Officer of Delta Development Group, Inc. from 1988 to 1998. Director and audit committee member, Portland State University Foundation since 2008. Director and audit committee member, Portland Family of Funds Holdings Inc., an Oregon mutual benefit corporation, since 2008. Member of the board and audit committee member of privately-held United Fund Advisors, LLC since 2008. Member of Crown American Realty Trust Board of Trustees from 1993 to 2003. Deputy Assistant Secretary of Transportation, USDOT, 1978 to 1981. |
Mark Pasquerilla |
Mr. Mark E. Pasquerilla is Trustee of Pennsylvania R.E.I.T. He has been President of Pasquerilla Enterprises, LP since 2006 and sole member of Pasquerilla Enterprises, LLC since 2006. Officer of Crown American Enterprises, Inc. since 1992 and director from 1992 to 2006. President and Chairman of Crown Holding Company and its various subsidiaries and affiliates from 1999 to 2006. Vice Chairman and President of Crown Holding Company from 1993 to 1999. Chairman of the Board of Trustees and Chief Executive Officer of Crown American Realty Trust from 1999 to 2003. Vice Chairman of Crown American Realty Trust from 1998 to 1999. President of Crown American Realty Trust from 1993 to November 2003. Director of AmeriServ Financial, Inc., AmeriServ Financial Bank, AmeriServ Life Insurance Company, and AmeriServ Associates, Inc. since 2001. Board member of Concurrent Technologies Corporation, a charitable organization, since 1990. Board member of Community Foundation for the Alleghenies, a charitable organization, since 1991. Board member of United Way of the Laurel Highlands, a charitable organization, since 2002. Advisory board member of University of Pittsburgh at Johnstown since 1988. Board member of Johnstown (Pennsylvania) Area Heritage Association; President of Greater Johnstown Regional Partnership; and Trustee of International Council of Shopping Centers from 2002 to 2005. |
John Roberts |
Mr. John J. Roberts is Independent Trustee of Pennsylvania R.E.I.T. He is Former Global Managing Partner and member of Leadership Team, PricewaterhouseCoopers LLP, completing a 35 year career with the firm in 2002. Director, Armstrong World Industries, Inc., Safeguard Scientifics, Inc. and Vonage Holdings Corp. Member of American Institute of CPAs. Former director of SICOR, Inc., Philadelphia First Corporation, Greater Philadelphia Chamber of Commerce, Urban Affairs Partnership, and University City Science Center. Former member of the advisory boards of the Kellogg School and the University of Southern California School of Accounting. Former trustee of Drexel University. |
Gail Nixon |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Ronald Rubin |
3,029,290 |
Joseph Coradino |
1,824,560 |
George Rubin |
1,835,180 |
Robert McCadden |
1,620,280 |
Bruce Goldman |
-- |
Jeffrey Linn |
395,130 |
Jonathen Bell |
-- |
Dorrit Bern |
-- |
Stephen Cohen |
-- |
M. Walter D'Allessio |
-- |
Leonard Korman |
-- |
Ira Lubert |
-- |
Donald Mazziotti |
-- |
Mark Pasquerilla |
-- |
John Roberts |
-- |
Gail Nixon |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Ronald Rubin |
187,500 | 1,792,500 |
Joseph Coradino |
67,500 | 237,735 |
George Rubin |
93,750 | 1,414,000 |
Robert McCadden |
0 | 0 |
Bruce Goldman |
0 | 0 |
Jeffrey Linn |
56,250 | 20,625 |
Jonathen Bell |
0 | 0 |
Dorrit Bern |
0 | 0 |
Stephen Cohen |
0 | 0 |
M. Walter D'Allessio |
0 | 0 |
Leonard Korman |
0 | 0 |
Ira Lubert |
0 | 0 |
Donald Mazziotti |
0 | 0 |
Mark Pasquerilla |
0 | 0 |
John Roberts |
0 | 0 |
Gail Nixon |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
RUBIN GEORGE F |
9,000 | $0.00 |
KORMAN LEONARD I |
3,000 | $19.31 |
KORMAN LEONARD I |
4,000 | $19.29 |
RUBIN RONALD |
100,000 | $19.16 |
PASQUERILLA MARK E |
40,000 | $19.18 |
KORMAN LEONARD I |
3,200 | $19.36 |
PASQUERILLA MARK E |
60,000 | $19.23 |
KORMAN LEONARD I |
2,000 | $19.31 |
KORMAN LEONARD I |
2,700 | $0.00 |
CORADINO JOSEPH F |
40,000 | $0.00 |
GOLDMAN BRUCE |
8,839 | $0.00 |
MCCADDEN ROBERT F |
19,965 | $0.00 |
RUBIN GEORGE F |
22,655 | $0.00 |
BELL JONATHEN |
4,264 | $0.00 |
RUBIN RONALD |
16,000 | $0.00 |
RUBIN RONALD |
17,622 | $19.17 |
RUBIN GEORGE F |
10,783 | $19.17 |
GOLDMAN BRUCE |
4,683 | $19.17 |
MCCADDEN ROBERT F |
9,522 | $19.17 |
BELL JONATHEN |
2,347 | $19.17 |
CORADINO JOSEPH F |
26,893 | $19.17 |
GOLDMAN BRUCE |
26,722 | $0.00 |
BELL JONATHEN |
6,733 | $0.00 |
RUBIN RONALD |
52,891 | $17.49 |
RUBIN GEORGE F |
68,497 | $0.00 |
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