People: Retail Opportunity Investments Corp (ROIC.OQ)
ROIC.OQ on NASDAQ Stock Exchange Global Select Market
13.60USD
1 Aug 2013
13.60USD
1 Aug 2013
Price Change (% chg)
$-0.10 (-0.73%)
$-0.10 (-0.73%)
Prev Close
$13.70
$13.70
Open
$13.71
$13.71
Day's High
$13.74
$13.74
Day's Low
$13.36
$13.36
Volume
180,522
180,522
Avg. Vol
162,388
162,388
52-wk High
$15.78
$15.78
52-wk Low
$12.08
$12.08
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Richard Baker |
47 | 2009 | Executive Chairman of the Board |
Stuart Tanz |
54 | 2009 | President, Chief Executive Officer, Director |
Michael Haines |
42 | 2012 | Chief Financial Officer, Executive Vice President, Treasurer, Secretary |
Richard Schoebel |
47 | 2009 | Chief Operating Officer |
Laurie Sneve |
40 | 2013 | Senior Vice President, Chief Accounting Officer |
Michael Indiveri |
60 | 2007 | Independent Director |
Edward Meyer |
86 | 2007 | Independent Director |
Lee Neibart |
62 | 2009 | Independent Director |
Charles Persico |
73 | 2009 | Independent Director |
Laura Pomerantz |
65 | 2007 | Independent Director |
Eric Zorn |
64 | 2012 | Independent Director |
Biographies
| Name | Description |
|---|---|
Richard Baker |
Mr. Richard A. Baker is Executive Chairman of the Board of Retail Opportunity Investments Corp. He has served as one of directors since inception in 2007, as Executive Chairman of board of directors since 2009 and, until 2009, served as Chief Executive Officer. Mr. Baker is a founder and President of NRDC Real Estate Advisors, LLC and NRDC Equity Partners, LLC, and a Manager of NRDC Capital Management, LLC ("NRDC Capital Management"). Mr. Baker is also the Chief Executive Officer of the Hudson's Bay Trading Company, a diversified North American retail organization, which owns and operates Lord & Taylor and the Hudson's Bay Company (Bay, Zellers, Home Outfitters and Fields). From 1988 until 2005, Mr. Baker served in various capacities, including President, Chief Operating Officer and Senior Vice President of National Realty & Development Corp., a real estate development company owned by him together with his father, Robert C. Baker, who was formerly one of directors. National Realty & Development Corp. owns and manages a real estate portfolio in excess of 18 million square feet, which includes shopping centers, corporate business centers and residential communities located in 20 states. National Realty & Development Corp.'s tenants include prominent retailers such as Wal-mart, Kohl's, Lowe's, Toys 'R Us, The Home Depot, Sears, Staples, Supervalu and T.J. Maxx. National Realty & Development Corp. is one of the privately owned development companies in the United States. Mr. Baker received a B.S. in Hotel Administration from Cornell University and serves on the Dean's Advisory Board of the hotel and real estate program. |
Stuart Tanz |
Mr. Stuart A. Tanz is President, Chief Executive Officer, Director of Retail Opportunity Investments Corp. Mr. Tanz was the Chief Executive Officer of United Income Properties, Inc. from 2006 to 2009 and its Chief Operating Officer and President from 1988 to 1992. United Income Properties, Inc. was a privately owned retail real estate development company in Southern California which developed, owned and operated various shopping centers in Southern California and now owns, manages and operates approximately 2,250 self-storage units and a retail property. From 1997 to 2006, Mr. Tanz was the Chairman, Chief Executive Officer and President of Pan Pacific Retail Properties, Inc., during which period its total market capitalization increased by 795% from $447 million to over $4 billion. Revenue Properties Company Limited was a publicly traded company on the Toronto Stock Exchange that was the parent company of Pan Pacific Development Corp., where Mr. Tanz was the President and Chief Operating Officer from 1992 to 1997. From 1982 to 1988, Mr. Tanz was the Director of Acquisitions of Southern California at Bramalea Limited, based in Toronto, Canada, and Bramalea California Inc. Mr. Tanz is a member of the Advisory Council for the University of Southern California Lusk Center for Real Estate and the Advisory council for the Tanz Centre for Research in Neurodegenerative Diseases. Mr. Tanz is a member of International Council of Shopping Centers and Young Presidents Organization. In 1998, National Real Estate Investors named Mr. Tanz as one of the country's top real estate executives under the age of 40 and in 2001 Mr. Tanz was awarded San Diego's Ernst & Young Real Estate Entrepreneur of the Year in real estate. Mr. Tanz received a B.S. in Business Administration from the University of Southern California Marshall School of Business. |
Michael Haines |
Mr. Michael B. Haines is Chief Financial Officer, Executive Vice President, Treasurer, Secretary of Retail Opportunity Investments Corp. Mr. Haines most recently served as Chief Accounting Officer at Pacific Office Properties Trust, Inc., a publicly-traded real estate investment trust that owns and operates institutional quality office properties in Hawaii and Southern California. From September 2009 until joining Pacific Office Properties Trust, Inc. in October 2010, Mr. Haines was Chief Accounting Officer at American Realty Advisors, an SEC-registered investment advisor and provider of real estate investment management services to institutional investors. From January 2007 to September 2008, he was Chief Financial Officer at Hopkins Real Estate Group, a firm that specializes in retail shopping center development and re-development. Prior to January 2007, for approximately 12 years, he held various financial and accounting positions, including Vice President, Finance, at Pan Pacific Retail Properties, Inc., a real estate investment trust that specialized in the acquisition, ownership and management of community and neighborhood shopping centers for everyday essentials. Prior to joining Pan Pacific Retail Properties, Inc., Mr. Haines was Director of Internal Audit for The Hahn Company, a developer and owner of regional shopping malls throughout the United States, and a Senior Auditor at Deloitte & Touche, LLP. Mr. Haines received a Bachelors in Business Administration from San Diego State University. Mr. Haines is a California licensed Certified Public Accountant and is a member of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants. |
Richard Schoebel |
Mr. Richard K. Schoebel is Chief Operating Officer of Retail Opportunity Investments Corp. Mr. Schoebel most recently served as the Vice President, Property Management for the West Region of Centro Properties Group (US), a retail property specialist with a focus on the ownership, management and redevelopment of community and neighborhood shopping centers, malls and lifestyle centers in the United States. In this role, he was responsible for 8.9 million square feet of community and neighborhood shopping centers. From 2007 to 2009, Mr. Schoebel was a Principal and Managing Member of Pacific Spectrum Properties, LLC, a brokerage firm providing leasing, management and consulting services to shopping center owners. Prior to that, for 12 years he held numerous positions at Pan Pacific Retail Properties, Inc., ultimately serving as Vice President, Operations, where he directed the leasing and property management for a portfolio of 38 shopping centers, encompassing 5 million leasable square feet. Mr. Schoebel has over 18 years of real estate industry experience, specializing in shopping centers. Mr. Schoebel has operated retail properties in ten states, including California, Washington, Oregon, Nevada, Arizona and Connecticut. Mr. Schoebel received a B.S. in Management and a minor in Applied Computer Science from Keene State College in New Hampshire. |
Laurie Sneve |
Ms. Laurie A. Sneve is Senior Vice President, Chief Accounting Officer of Retail Opportunity Investments Corp. Prior to joining the Company, Ms. Sneve served as Chief Financial Officer of Coreland Companies, Inc., a privately held commercial real estate service company. From 1995 to 2006, Ms. Sneve served in various senior accounting roles at Pan Pacific Retail Properties Inc. Prior to joining Pan Pacific Retail Properties, Inc., Ms. Sneve was controller and director of accounting at Hahn Property Management, where she held various positions between 1988 and 1995. Ms. Sneve began her career at Arthur Andersen, where she served as an audit senior from 1985 to 1988. Ms. Sneve holds a Bachelor of Science in Accounting from Pennsylvania State University. Ms. Sneve is a California licensed Certified Public Accountant and a member of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants. |
Michael Indiveri |
Mr. Michael J. Indiveri is Independent Director of Retail Opportunity Investments Corp. He is a principal of Michael J. Indiveri, CPA LLC, a licensed certified public accounting firm that provides financial and accounting consulting services. From June 2011 to December 2011, Mr. Indiveri provided these financial and accounting consulting services through The Indiveri Group, LLC, a real estate investment firm, where he has served as President since 2007. From 2007 to 2011, Mr. Indiveri served as Executive Vice President and Chief Financial Officer of Amalgamated Bank in New York. From 1997 until 2007, Mr. Indiveri served as the Executive Vice President & Chief Financial Officer of City & Suburban Federal Savings Bank, where he was also a director. From 1994 to 1997, Mr. Indiveri served as Senior Vice President & Chief Financial Officer of New York Federal Savings Bank. Mr. Indiveri received a B.A. in Political Science from Rutgers University and an M.B.A. from Fordham University. |
Edward Meyer |
Mr. Edward H. Meyer is Independent Director of Retail Opportunity Investments Corp. Since 2007, Mr. Meyer has served as Chief Executive Officer of Ocean Road Advisors, Inc., an investment management firm. From 1970 to 2006, Mr. Meyer was Chairman and Chief Executive Officer of Grey Global Group, one of the global advertising agencies. Prior to becoming Chairman, he was President of Grey from 1968 to 1970. He began his career in the Bloomingdale's Department Stores Training Program. Mr. Meyer currently serves on the Board of Directors of Harman International Industries, Inc. (NYSE: HAR), National Cinemedia, Inc. (NASDAQ: NCMI) and The Jim Pattison Group. Mr. Meyer previously served on the Board of Directors of May Department Stores for 17 years. He also served as a director of Ethan Allen Interiors Inc. from 1991 to 2010 and of Allconnect from 2002 to 2009. Mr. Meyer serves as a Trustee of the Solomon R. Guggenheim Foundation, the New York University Langone Medical Center and the Film Society of Lincoln Center, and as President of the Edward & Sandra Meyer Foundation, Inc. Mr. Meyer received a B.A. in Economics from Cornell University. |
Lee Neibart |
Mr. Lee S. Neibart is Independent Director of Retail Opportunity Investments Corp. He has served as one of directors since inception in 2007 and, until 2009, served as President. Mr. Neibart is a founder of NRDC Real Estate Advisors, LLC and NRDC Equity Partners LLC. He is the Global Chief Executive Officer of AREA Property Partners, formerly Apollo Real Estate Advisors, and has been with the firm since 1993. Mr. Neibart oversees the global day-to-day activities of AREA Property Partners, including portfolio and fund management, strategic planning and new business development. From 1989 to 1993, Mr. Neibart worked at the Robert Martin Company, a real estate development and management firm, most recently as Executive Vice President and Chief Operating Officer. Mr. Neibart was a director at Linens ‘N Things which filed for bankruptcy protection in May 2008 and entered into liquidation in October 2008. Mr. Neibart serves on the Advisory Boards of both The Enterprise Foundation and The Real Estate Institute of New York University. He is a past President of the New York Chapter of the National Association of Industrial and Office Parks. Mr. Neibart received a B.A. from the University of Wisconsin and an M.B.A. from the New York University School of Business. |
Charles Persico |
Mr. Charles J. Persico is Independent Director of Retail Opportunity Investments Corp. Mr. Persico is the President of Perbar Sales Corp. and has been actively involved in various phases of the real estate industry, including Development, Construction and Management, for over 38 years. He has participated in the development, ownership and management of over 2,500 apartment units in the New York metropolitan area as well as over 1 million square feet of retail and commercial developments. His present portfolio consists of mainly retail developments. Mr. Persico is a member of the Westchester County and New York State Board of Realtors and of local, state and national builders organizations. He was formerly on the Board of Directors of the following organizations: City & Suburban Federal Savings Bank for over ten years serving on the Mortgage Committee, Audit and Finance Committee and also the Planning and Development Committee, Westchester County Association (a business development organization represented by such companies as IBM, PepsiCo, Chase Bank and many other publicly traded corporations) and Westchester Business Partnership. He was also a member of the B.P.O. Elks, Scarsdale Chapter, a prior president and chairman of the Builders Institute of Westchester and Putnam Counties (a 2,400 member organization), a New York State Commissioner of the Hudson River Valley Commission, founder and first President of the Exchange Club of the Town of Greenburgh, past member of the board of trustees of Elizabeth Seton College and of the Advisory Board of Iona College; Westchester County Commission Christopher Columbus Quincentennial, Board Member of the American Lyme Disease Foundation, and the Real Estate Tax Review Board of the Town of Greenburgh (60,000 population). Mr. Persico received a B.S. in Real Estate from New York University. |
Laura Pomerantz |
Ms. Laura H. Pomerantz is Independent Director of Retail Opportunity Investments Corp. Ms. Pomerantz is a Principal at PBS Gould Venture, LLC, d/b/a PBS Real Estate, LLC ("PBS Real Estate"), a boutique firm that offers commercial real estate advisory solutions to both tenants and landlords. Prior to joining PBS Real Estate in 2001, Ms. Pomerantz was a Senior Managing Director at Newmark & Company Real Estate. Prior to joining Newmark & Company Real Estate in 1996, Ms. Pomerantz was Executive Managing Director of S.L. Green (NYSE: SLG) and prior to that she was the Executive Vice President of The Leslie Fay Companies, Inc., having responsibility for supervising several of its upscale fashion divisions. She was with The Leslie Fay Companies, Inc. for over 18 years and served on the company's Board of Directors. She is a member of the Carnegie Hall Board of Trustees and is a director at WIN (Women in Need) and G-III Apparel Group, Ltd. (NASDAQ: GIII). Ms. Pomerantz received an A.B.A in Business Administration from Miami Dade Community College. |
Eric Zorn |
Mr. Eric S. Zorn is Independent Director of Retail Opportunity Investments Corp. Mr. Zorn currently serves as a consultant to Wal-Mart Stores, Inc. and is engaged in Walmart's Asian growth strategy. Until retiring in 2012, Mr. Zorn had served as President of Walmart Realty since 2002 and as an Executive Vice President of Wal-Mart Stores, Inc. since 2005. He led teams responsible for new store growth, store remodeling and property management, merchandise planning, procurement and allocation of capital among markets targeted for growth. Over a 15-year period, Mr. Zorn oversaw the opening of more than 3,200 Walmart stores in the United States, and also oversaw the strategy for disposition of excess real estate. Mr. Zorn joined Walmart in 1993 as Regional Vice President of Operations, becoming a Senior Vice President of Walmart Realty in 1995, after spending 22 years at Jamesway Corporation, including nine years as Senior Vice President and Chief Administrative Officer. Mr. Zorn is on the Board of Visitors for MD Anderson Cancer Center. Mr. Zorn previously served as Trustee of the International Council of Shopping Centers, and has served several other organizations in various capacities, including the Foundation Board of Trustees for Mercy Hospital in Rogers, Arkansas, Professional Women in Construction (New York chapter) and the Susan G. Komen Foundation (NWA Chapter). Mr. Zorn studied history at Fairleigh Dickinson University. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Richard Baker |
720,005 |
Stuart Tanz |
3,156,180 |
Michael Haines |
427,941 |
Richard Schoebel |
1,022,430 |
Laurie Sneve |
223,574 |
Michael Indiveri |
-- |
Edward Meyer |
-- |
Lee Neibart |
-- |
Charles Persico |
-- |
Laura Pomerantz |
-- |
Eric Zorn |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Richard Baker |
0 | 0 |
Stuart Tanz |
0 | 0 |
Michael Haines |
0 | 0 |
Richard Schoebel |
0 | 0 |
Laurie Sneve |
0 | 0 |
Michael Indiveri |
0 | 0 |
Edward Meyer |
0 | 0 |
Lee Neibart |
0 | 0 |
Charles Persico |
0 | 0 |
Laura Pomerantz |
0 | 0 |
Eric Zorn |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
PERSICO CHARLES J |
10,000 | $14.04 |
INDIVERI MICHAEL J |
3,000 | $0.00 |
ZORN ERIC S |
3,000 | $0.00 |
MEYER EDWARD H |
20,000 | $15.50 |
POMERANTZ LAURA H |
3,000 | $0.00 |
NEIBART LEE S |
3,000 | $0.00 |
PERSICO CHARLES J |
3,000 | $0.00 |
MEYER EDWARD H |
3,000 | $0.00 |
BAKER RICHARD A |
3,750 | $0.00 |
SCHOEBEL RICHARD K |
20,000 | $0.00 |
TANZ STUART A |
62,500 | $0.00 |
NEIBART LEE S |
8,000,000 | $12.00 |
BAKER RICHARD A |
8,000,000 | $12.00 |
NRDC CAPITAL MANAGEMENT L L C |
8,000,000 | $12.00 |
BAKER RICHARD A |
7,311,500 | $13.13 |
NEIBART LEE S |
7,311,500 | $13.13 |
NRDC CAPITAL MANAGEMENT L L C |
7,311,500 | $13.13 |
SNEVE LAURIE A |
15,000 | $0.00 |
SCHOEBEL RICHARD K |
6,667 | $0.00 |
TANZ STUART A |
13,562 | $12.85 |
BAKER RICHARD A |
2,500 | $0.00 |
BAKER RICHARD A |
1,883 | $12.85 |
SCHOEBEL RICHARD K |
5,975 | $12.85 |
TANZ STUART A |
25,000 | $0.00 |
SCHOEBEL RICHARD K |
4,649 | $12.85 |

