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United States

Pennsylvania Real Estate Investment Trust (PEI_pa.N)

PEI_pa.N on New York Stock Exchange

25.35USD
5 Dec 2016
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Summary

Name Age Since Current Position

Ronald Rubin

84 2016 Non-Executive Chairman of the Board of Trustees

Joseph Coradino

64 2012 Chief Executive Officer, Executive Vice President - Retail, Trustee

Robert McCadden

58 2004 Chief Financial Officer, Executive Vice President

Bruce Goldman

57 2005 Executive Vice President, General Counsel, Secretary

Andrew Ioannou

41 2015 Executive Vice President-Finance and Acquisitions

Mario Ventresca

49 2015 Executive Vice President-Operations

Jonathen Bell

48 2007 Senior Vice President, Chief Accounting Officer

M. Walter D'Allessio

82 2011 Lead Independent Trustee

Michael DeMarco

56 Independent Trustee

Rosemarie Greco

69 2013 Independent Trustee

Leonard Korman

80 1996 Independent Trustee

Mark Pasquerilla

56 2015 Independent Trustee

Charles Pizzi

65 2013 Independent Trustee

John Roberts

71 2003 Independent Trustee

Biographies

Name Description

Ronald Rubin

Mr. Ronald Rubin is a Non-Executive Chairman of the Board of Trustees of Pennsylvania Real Estate Investment Trust. He was Chief Executive Officer of PREIT from 1997 to 2012. Chairman and Chief Executive Officer of The Rubin Organization, Inc. (renamed PREIT-RUBIN, Inc. upon acquisition by PREIT in 1997) from 1992 to 1997. Trustee of the International Council of Shopping Centers. Past Chairman of the Center City District and past Chairman of the Greater Philadelphia Chamber of Commerce. Director of PECO Energy Company, a subsidiary of Exelon Corporation. Director of the Kimmel Center, Inc., Past President of the Jewish Federation of Greater Philadelphia. Co-Chairman of the National Museum of American Jewish History and served on the boards of the Franklin Institute, the Philadelphia Orchestra and the United Jewish Appeal.

Joseph Coradino

Mr. Joseph F. Coradino is a Chief Executive Officer, Executive Vice President - Retail, Trustee of Pennsylvania Real Estate Investment Trust. He has been Chief Executive Officer of PREIT since 2012. President of PREIT Services, LLC and PREIT-RUBIN, Inc. from 2004 to 2012. Executive Vice President-Retail of PREIT from 2001 to 2012. 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. Previously served as a director of A.C. Moore Arts & Crafts, Inc. from 2006 to 2011. Trustee of Temple University. Trustee of the International Council of Shopping Centers (ICSC). Mr. Coradino has been engaged in real estate development, management and leasing for substantially all of his professional life and currently serves as PREIT’s Chief Executive Officer. Prior to becoming the Chief Executive Officer, Mr. Coradino served for a number of years as the senior officer for PREIT’s retail operations and as the principal officer in charge of redevelopment projects. Prior to joining PREIT as a senior executive in 1997, Mr. Coradino was an executive of The Rubin Organization, which was acquired by PREIT in 1997. Mr. Coradino brings to the Board an extensive knowledge of the properties and leasing program of PREIT and of trends and developments in the retail industry that are of vital significance to PREIT.

Robert McCadden

Mr. Robert F. McCadden is a Chief Financial Officer, Executive Vice President of Pennsylvania Real Estate Investment Trust., 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 2011 and Trustee of Universal Health Realty Income Trust (health care real estate investment and management) since 2013.

Bruce Goldman

Mr. Bruce Goldman is a Executive Vice President, General Counsel, Secretary of Pennsylvania Real Estate Investment Trust. 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.

Andrew Ioannou

Mr. Andrew M. Ioannou is a Executive Vice President-Finance and Acquisitions of Pennsylvania Real Estate Investment Trust. Senior Vice President-Capital Markets and Treasurer of PREIT since 2010. Vice President-Capital Markets of PREIT Services, LLC and PREIT-RUBIN, Inc. from 2005 to 2010.

Mario Ventresca

Mr. Mario C. Ventresca, Jr. is a Executive Vice President-Operations of PREIT Services, LLC since 2015. Senior Vice President-Asset Management from 2005 to 2015. Vice President-Retail Asset Management Markets from 2000 to 2005.

Jonathen Bell

Mr. Jonathen Bell is a Senior Vice President, Chief Accounting Officer of Pennsylvania Real Estate Investment Trust. He has been 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.

M. Walter D'Allessio

Mr. M. Walter D'Allessio is a Lead Independent Trustee of Pennsylvania Real Estate Investment Trust. Since 2012, Principal of NorthMarq Advisors, a real estate advisory firm. Formerly 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, 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 PECO Energy Company, a subsidiary of Exelon Corporation, Independence Blue Cross (Chairman) 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. Mr. D’Alessio has served in senior executive positions with private companies and quasi-governmental organizations in the real estate sector for substantially all of his professional life. By reason of this extensive experience, as well as his continuing service on the boards of public agencies, non-profit organizations and corporations, Mr. D’Alessio has gained an extraordinary degree of expertise in real estate valuation, finance and capital markets, corporate governance and executive compensation. In addition, Mr. D’Alessio’s active participation in governmental and community affairs enables him to provide valuable insights into matters of public policy and related considerations that affect the development of the properties of PREIT.

Michael DeMarco

Mr. Michael J. DeMarco is an Independent Trustee of Pennsylvania Real Estate Investment Trust. Mr. DeMarco is a President and Chief Operating Officer of Mack-Cali Realty Corporation since 2015. Chief Investment Officer of Cantor Commercial Real Estate Company, L.P. from 2013 to 2015. Executive Vice President of Vornado Realty Trust from 2010 to 2013. Managing Director at Fortress Investment Group from 2007 to 2010. Managing Director at Lehman Brothers from 1998 to 2007. Senior positions at Credit Suisse First Boston and Arthur Andersen LLP. From his career in real estate investment banking and commercial finance, Mr. DeMarco has extensive experience in all aspects of real estate finance and real estate mergers and acquisitions, and possesses a very deep knowledge and understanding of real estate capital markets, such as the CMBS market, as well transactions and valuations. Mr. DeMarco’s substantial experience enables him to offer valuable insights into the financial environment in which the Company is operating.

Rosemarie Greco

Ms. Rosemarie B. Greco is an Independent Trustee of Pennsylvania Real Estate Investment Trust. She was Founding Principal, Grecoventures Ltd. (business investment and consulting partnership). Former Executive Director of the Pennsylvania Office of Health Care Reform. Former CEO and President, CoreStates Bank, N.A. and President, CoreStates Financial Corp. Director of PECO Energy Company, a subsidiary of Exelon Corporation. Member of the Board of Overseers of the University of Pennsylvania School of Nursing. Co-Chair of Vision 2020, a national coalition of organizations advancing women and leadership. Former corporate director of Exelon Corporation, Sunoco, Inc., General Accident Insurance (USA), Cardone Industries, Inc., Genuardi’s Family Markets, Inc. and Radian, Inc.; former trustee of SEI I Mutual Funds; former Chair of the Greater Philadelphia Chamber of Commerce; former President and CEO of the Philadelphia Private Industry Council; former member of the Philadelphia Planning Commission and Board of Education; and former Chair of the Pennsylvania Workforce Investment Board.

Leonard Korman

Mr. Leonard I. Korman is an Independent Trustee of Pennsylvania Real Estate Investment Trust. He has been Chairman and Chief Executive Officer, Korman Commercial Properties, Inc. (real estate development and management). Partner of The Korman Company, trustee of Thomas Jefferson University and member of the Albert Einstein Health Care Network Board of Overseers. 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. Mr. Korman has been engaged in the acquisition, disposition, financing and management of residential and commercial real estate (including shopping centers) as an owner and senior executive for his entire adult life. In addition, he has served as a director of a large regional bank and on the boards of major community organizations. From this experience, Mr. Korman brings to the Board of Trustees an extensive knowledge of substantially all aspects of real estate investment, development and ownership, as well as valuable capabilities in strategic planning and finance.

Mark Pasquerilla

Mr. Mark E. Pasquerilla is an Independent Trustee of Pennsylvania Real Estate Investment Trust. He has been director of Pasquerilla Enterprises, LP and its subsidiaries since 2006 (Chief Executive Officer since 2013, President from 2006 to 2013). Officer of Crown American Enterprises, Inc. from 1992-2013 and director from 2012 to 2013. 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, President and Chief Executive Officer of Crown American Realty Trust from 1999 to 2003. Vice Chairman of Crown American Realty Trust from 1998 to 1999. Trustee of Crown American Realty Trust from 1993 to 2003. Director of AmeriServ Financial, Inc., AmeriServ Financial Bank and AmeriServ Life Insurance Company since 1997. Board member of Concurrent Technologies Corporation, a charitable organization, since 1990. Board member of the Community Foundation for the Alleghenies, a charitable organization, since 1991. Advisory board member of the University of Pittsburgh at Johnstown since 1988. Board member of Johnstown (Pennsylvania) Area Heritage Association; President of the Greater Johnstown Regional Partnership; and Trustee of the International Council of Shopping Centers from 2002 to 2005.

Charles Pizzi

Mr. Charles P. Pizzi is an Independent Trustee of Pennsylvania Real Estate Investment Trust. He is Officer and director of Pasquerilla Enterprises, LP and its subsidiaries since 2006 (Chief Executive Officer since 2013, President from 2006 to 2013). From 1992 to 2006 served as an officer and director of Crown Holding Company and its subsidiaries (CEO and Chairman from April 1999 to December 2006 and President from 1992 to 2006). In July 2013, the Pasquerilla Enterprises LP consolidated group acquired Crown Holding Company and its subsidiaries. Chairman of the Board of Trustees, President and Chief Executive Officer of Crown American Realty Trust from 1999 to 2003. Vice Chairman of Crown American Realty Trust from 1998 to 1999. Trustee of Crown American Realty Trust from 1993 to 2003. Director of AmeriServ Financial, Inc., AmeriServ Financial Bank and AmeriServ Life Insurance Company since 1997. Board member of Concurrent Technologies Corporation, a charitable organization, since 1990. Board member of the Community Foundation for the Alleghenies, a charitable organization, since 1991. Advisory board member of the University of Pittsburgh at Johnstown since 1988. Board member of Johnstown (Pennsylvania) Area Heritage Association; President of the Greater Johnstown Regional Partnership; and Trustee of the International Council of Shopping Centers from 2002 to 2005.

John Roberts

Mr. John Joseph Roberts is an Independent Trustee of Pennsylvania Real Estate Investment Trust. He is Former Global Managing Partner and member of the 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 the American Institute of CPAs. Former director of SICOR, Inc., Philadelphia First Corporation, Greater Philadelphia Chamber of Commerce, Urban Affairs Partnership, and the University City Science Center. Former member of the advisory boards of the Kellogg School, Northwestern University, and the University of Southern California School of Accounting. Former trustee of Drexel University.

Basic Compensation

Name Fiscal Year Total

Ronald Rubin

1,055,990

Joseph Coradino

3,397,740

Robert McCadden

1,735,600

Bruce Goldman

1,202,850

Andrew Ioannou

--

Mario Ventresca

949,934

Jonathen Bell

--

M. Walter D'Allessio

195,668

Michael DeMarco

138,668

Rosemarie Greco

171,168

Leonard Korman

164,168

Mark Pasquerilla

153,668

Charles Pizzi

172,668

John Roberts

177,668
As Of  30 Dec 2015