Governance

Management

David R. Lukes – President & Chief Executive Officer

David Lukes has served as President and Chief Executive Officer and been a member of DDR's Board of Directors since March 2017.

Prior to joining DDR, Mr. Lukes served as Chief Executive Officer and President of Equity One from June 2014 and January 2017, respectively, until March 2017 and served as Executive Vice President from May 2014 to June 2014. Mr. Lukes also served as President and Chief Executive Officer of Sears Holding Corporation affiliate Seritage Realty Trust from 2012 through April 2014 and as President and Chief Executive Officer of Olshan Properties (formerly Mall Properties, Inc.) from 2010 through 2012. From 2002 to 2010, Mr. Lukes served in various senior management positions at Kimco Realty Corporation, including serving as its Chief Operating Officer from 2008 to 2010.

Mr. Lukes holds a bachelor's degree in environmental design from Miami University, a master's degree in architecture from the University of Pennsylvania, and a Master of Science in real estate development from Columbia University. 

Michael A. Makinen – Executive Vice President & Chief Operating Officer

Michael Makinen has served as Executive Vice President and Chief Operating Officer since March 2017. Prior to joining DDR, he served as Chief Operating Officer of Equity One from July 2014 until March 2017. Mr. Makinen also served as the Chief Operating Officer of Olshan Properties from 2010 to June 2014, as Vice President of Real Estate of United Retail Group from 2008 to 2010, as Vice President of Real Estate of Linens ‘n Things from 2004 to 2008 and as Executive Vice President of Thompson Associate, Inc., a real estate consulting firm, from 1990 to 2004.

Mr. Makinen holds a Bachelor of Science from Michigan State University and a Master of Arts in geography from Indiana University.

Matthew L. Ostrower – Executive Vice President, Chief Financial Officer & Treasurer

Matthew Ostrower has served as Executive Vice President and Chief Financial Officer since March 2017. Prior to joining DDR, he served as Executive Vice President of Equity One from March 2015 and as Chief Financial Officer and Treasurer from April 2015 until March 2017. Mr. Ostrower also served as Managing Director and Associate Director of Research at Morgan Stanley from 2010 and previously served as a Vice President, Executive Director and a Managing Director at Morgan Stanley from 2000 to 2008. From 2008 to 2009, Mr. Ostrower was a founding member of the Gerrity Group, a private retail real estate company focused on the management, leasing and disposition of shopping centers, where he was responsible for capital raising and investment strategy. Mr. Ostrower also served as a member of the Board of Directors of Ramco-Gershenson Properties Trust, a public retail real estate investment trust, from 2010 to February 2015.

Mr. Ostrower holds a dual Master of Science degree in real estate and city planning from Massachusetts Institute of Technology and a Bachelor of Arts degree from Tufts University. Mr. Ostrower is also a Chartered Financial Analyst (CFA). 

Christa A. Vesy – Executive Vice President & Chief Accounting Officer

Christa A. Vesy

Christa A. Vesy is Executive Vice President & Chief Accounting Officer, a position she assumed in March 2012. In these roles, Ms. Vesy oversees the property and corporate accounting, and financial reporting functions for DDR. Previously Ms. Vesy served as Senior Vice President & Chief Accounting Officer since November 2006. She has been a member of the Company's executive committee since 2006.

Prior to joining DDR, Ms. Vesy worked for The Lubrizol Corporation, where she served as manager of external financial reporting and then as controller for the lubricant additives business segment. Prior to joining Lubrizol, from 1993 to September 2004, Ms. Vesy held various positions with the Assurance and Business Advisory Services group of PricewaterhouseCoopers LLP, a registered public accounting firm, including Senior Manager from 1999 to September 2004.

Ms. Vesy graduated with a Bachelor of Science degree in business administration from Miami University in Oxford, Ohio. Ms. Vesy is a certified public accountant (CPA) and member of the American Institute of Certified Public Accountants (AICPA) and the National Association of Real Estate Investment Trusts (NAREIT). She also serves on the Board of Trustees of the Boys & Girls Clubs of Cleveland and the Rocky River Soccer Organization.

David E. Weiss – Executive Vice President, General Counsel & Secretary

David E. Weiss

David E. Weiss is Executive Vice President & General Counsel, a position he assumed in 2010. He had been Senior Vice President since 2006, and General Counsel since 2003. His management of the legal aspects of the Company's day-to-day operations includes real estate, acquisitions, dispositions, leasing, litigation, commercial financing transactions, insurance and risk management and general corporate matters. Mr. Weiss is a member of the Company's executive and enterprise risk management committees and serves as corporate secretary.

Before joining DDR in 1999, Mr. Weiss was a partner with the law firm McDonald, Hopkins, Burke & Haber Co., LPA, in Cleveland.

A former council member for the City of Shaker Heights, Mr. Weiss is a member of the 2004 class of Leadership Cleveland, past president of Family Connections, and former member of the Visiting Committee of the Cleveland-Marshall College of Law. In addition, he presently serves as Vice Chair of the Board of the Centers for Families and Children and is a member of the Legal Advisory Council for the International Council of Shopping Centers (ICSC). Mr. Weiss also is a Fellow in the American College of Real Estate Lawyers (ACREL).

Mr. Weiss received his Bachelor of Arts in political science from the University of Michigan and is a graduate of The Ohio State University's Moritz College of Law. He is a member of the Cleveland and American Bar Associations, the National Association of Real Estate Investment Trusts (NAREIT) and the International Council of Shopping Centers (ICSC).

Kevin M. Moss, CSM – Executive Vice President & Chief Information Officer

Kevin M. Moss, CSM

Kevin M. Moss is the Executive Vice President & Chief Information Officer, a position he assumed in March 2016. He previously served as Senior Vice President of Information Technology since joining the Company in 2008.

Mr. Moss brings a business approach to the leadership of technology initiatives. He is responsible for driving innovation through strategic investments in software and infrastructure, aligning interdepartmental goals, and leveraging technology to empower business units and enable them to improve their performance and profitability. Mr. Moss serves on the Company's executive, enterprise risk management and IT steering committees.

He previously worked for GGP. His career there spanned 22 years and included various property management positions at the property and regional levels, as well as serving as the company's first Chief Information Officer.

Mr. Moss has a degree in business administration from Drake University. He is a Certified Shopping Center Manager (CSM) and a member of the International Council of Shopping Centers (ICSC).

David J. Favorite, CSM – Executive Vice President of Property Management

 David J. Favorite, CSM

David J. Favorite is the Executive Vice President of Property Management, a position he assumed in September 2012. Previously, he held the positions of Senior Vice President of Property Management from 2009 through August 2012 and Vice President of Property Management – Community Centers from 2005 through 2009. Mr. Favorite joined DDR in 2003 as Vice President of Operations and has been a member of the Company’s executive committee since 2003.

Mr. Favorite oversees the day-to-day operations of all shopping centers in the U.S. and Puerto Rico, which includes maintenance, capital improvements, enforcement of tenants’ lease obligations and shopping center marketing. He is also responsible for creating all operating procedures and policies while maintaining responsibility for compliance.

Prior to joining DDR, Mr. Favorite held property management positions with the Edward J. DeBartolo Corporation and Forest City Commercial Management, where he served as Vice President of Operations for the last 15 years of his 20-year tenure with the company.

Mr. Favorite graduated from Bowling Green State University with a Bachelor of Science degree in marketing. He is a member of the International Council of Shopping Centers (ICSC), is a former State of Ohio ICSC Operations Manager, and previously served on the ICSC CSM Committee. He is on the Board of Trustees for Benedictine High School. Mr. Favorite also served on the facilities committee for the Cleveland-area Ronald McDonald House.

James Bold – Senior Vice President of Leasing - Southern Region

James Bold

James Bold is the Senior Vice President of Leasing for the Southern Region,, a position he assumed in April of 2017. He has been a member of the Company's executive committee since 2009.

Mr. Bold is responsible for overseeing leasing efforts for seven of the portfolios southern states which include 146 properties totaling 30 million square feet. Since joining DDR in 2004, he has served as Vice President of Leasing, Assistant Vice President of Leasing and Leasing Director.

Previously, Mr. Bold was with Regency Centers for eight years in leasing and property management. His real estate career began as a leasing agent and mall manager for Goodale & Barbieri Companies in Spokane, WA. He now has more than 24 years of experience in commercial real estate.

Mr. Bold is a graduate of Washington State University, earning a Bachelor of Arts degree in finance and real estate.  He is a Certified Commercial Investment Member (CCIM), and an active member of theInternational Council of Shopping Centers (ICSC).

Conor Fennerty – Senior Vice President of Capital Markets

Conor Fennerty

Conor Fennerty is the Senior Vice President of Capital Markets, a position he assumed in April of 2017. He has been a member of the Company’ s executive committee since 2017.

Mr. Fennerty is responsible for capital raising activities and management of the Company's planning and analysis functions.

Prior to joining DDR, Mr. Fennerty served as Vice President, Senior Analyst, at BlackRock, Inc., a global funds manager. Prior to BlackRock, Mr. Fennerty was an analyst at Cohen & Steers Capital Management, an investment manager specializing in real assets. He has also held analyst and associate roles at Goldman, Sachs & Co. and Deutsche Bank.

Mr. Fennerty is a graduate of Georgetown University's, McDonough School of Business with a major in finance. He is an active member of the National Association of Real Estate Investment Trusts (NAREIT) and the International Council of Shopping Centers (ICSC). Additionally, he is an advisor to the Georgetown University student real estate investment fund.

William J. Kern – Senior Vice President of National Accounts

William J. Kern

William J. Kern is the Senior Vice President of National Accounts, a position he assumed in March 2015. In this role, Mr. Kern oversees the Company’s National Accounts and Ancillary Income programs across the portfolio. He previously served as Senior Vice President of Leasing, Senior Vice President of Retail Partnerships, Vice President of Acquisitions & Dispositions, and Vice President of Development – Site Acquisitions. He is a graduate of the Company's industry-leading Management Training Program. Mr. Kern joined DDR in 2002 and has been a member of the Company's executive committee since 2007.

Mr. Kern is a graduate of Colgate University, earning a Bachelor of Arts in economics, and is an active member of the International Council of Shopping Centers (ICSC) and Summer on the Cuyahoga, a civic leadership program. In 2007, he was recognized as one of "Twenty in their 20's" by Crain's Cleveland Business, which recognizes future leaders in Northeast Ohio.  Mr. Kern also holds board positions with the Cleveland chapters of the Positive Coaching Alliance and The First Tee.

Kim M. Scharf – Senior Vice President of Information Technology

Kim M. Scharf

Kim M. Scharf is the Senior Vice President of Information Technology, a position she assumed in April 2017. She has been a member of the Company's executive committee since 2015.

Ms. Scharf leads the Company’s information technology security, governance and recovery programs, as well as deployment of enterprise content and records management. Additionally, she oversees application development for the financial systems, business intelligence, customer relationship management, mobility and web presence. Since joining the Company in 2005, Mrs. Scharf has served as Vice President of IT Enterprise Services and Senior Director of IT Enterprise Services.

Previously, Ms. Scharf held roles including Director of Quality Processes for Cole National Corp and as well as various positions within the Financial Information Systems division at The Lubrizol Corporation.

Ms. Scharf graduated with a Bachelor of Arts in business administration, management and operations from Ursuline College in Cleveland, Ohio. Ms. Scharf is a member of DDR's Women of Influence program as an executive steering committee member, the International Institute of Business Analysis (IIBA), and the Information Systems Audit and Control Association (ISACA). Additionally, Ms. Scharf is an active member of the OpenText Customer Advisory Council and the RealComm Advisory Council.

Joseph Lopez – Senior Vice President of Operations

Joseph Lopez
Joseph Lopez is the Senior Vice President of Operations, a position he assumed in March 2017. He has been a member of the Company’ s executive committee since 2017.

Mr. Lopez is responsible for overseeing the operation of all of the Company’s shopping centers in the U.S. and Puerto Rico, which includes driving financial performance through cost containment and successful execution of capital improvements, enforcement of leases, policy and procedure development and adherence and ensuring properties are maintained at high standards. Mr. Lopez is also responsible in guiding the Company’s Corporate Responsibility & Sustainability initiatives.

Prior to joining DDR, Mr. Lopez served as Senior Vice President of Property Management of Equity One, Inc. where he worked from November 2002 to March 2017. He also served as a Senior Property Manager for Colorado & Santa Fe Real Estate Company from 1999 to October 2002.

Mr. Lopez is a Certified Property Manager and LEED Green Associate.

Rob McGovern – Senior Vice President of Leasing – Northern Region

Bryan P. Zabell

Rob McGovern is the Senior Vice President of Leasing for the Northern Region, a position he assumed in September 2016. Previously, he served as Vice President of Leasing, Senior Leasing Director and Leasing Director after joining DDR in 2010. He has been a member of the Company's executive committee since 2013.

Mr. McGovern is responsible for overseeing leasing activities for the Company's assets in the Northern Region. Previously, he served as Director of Real Estate at Burroughs & Chapin Company, where he was responsible for leasing and asset management of commercial retail, entertainment and office properties. He was also a Director of Real Estate with Kimco Realty Corporation.

Mr. McGovern earned a bachelor's degree in finance from the Max M. Fisher College of Business at The Ohio State University. He is an active member of the International Council of Shopping Centers (ICSC).

Chris Salata – Senior Vice President of Development

Chris Salata

Chris Salata is the Senior Vice President of Development, a position he assumed in March 2017. He has been a member of the Company’s executive committee since 2017. 

Mr. Salata is responsible for overseeing the Company’s development and redevelopment initiatives across the portfolio. During a time of previous employment with DDR, he served as Vice President of Development Partnerships, Vice President of Redevelopment and Assistant General Counsel – Development. Mr. Salata first became a member of the Company’s executive committee in 2010. Prior to rejoining DDR, he served as Principal, Chief Investment Officer and General Counsel at Fairmount Properties and also practiced law at the firm of McDonald Hopkins in Cleveland, Ohio. 

Mr. Salata earned a bachelor’s degree from The University of Notre Dame and a juris doctor from Case Western Reserve University School of Law. He is an active member of the International Council of Shopping Centers (ICSC) and a member of the Board of Directors of Big Brothers Big Sisters of Greater Cleveland and the Advisory Board for First American Title Insurance Company. In 2013, Mr. Salata was recognized as one of the “Forty Under 40” by Crain’s Cleveland Business, which is annually presented to individuals in Northeast Ohio who have achieved business success and exhibited community leadership.

Craig A. Schultz – Senior Vice President of Strategic Finance & Tax

Craig A. Schultz

Craig A. Schultz is the Senior Vice President of Strategic Finance & Tax, a position he assumed in July 2009. He was promoted to Senior Vice President of Tax for DDR in March 2009. Previously he served as Vice President of Tax since March 2005 and Director of Tax since November 2002. He has been a member of the Company's executive committee since 2005.

In his role, he is responsible for the long-term strategic financial model utilized in analyzing the Company's operational and capital markets initiatives. Mr. Schultz's additional responsibilities include the overall management of the tax function which encompasses strategic structural tax planning, implementing business initiatives, tax accounting and reporting, and tax compliance, as well as employee compensation and benefits.

Prior to joining DDR, Mr. Schultz worked for 10 years at Deloitte & Touche as a Senior Tax Manager, specializing in partnership taxation, with an emphasis on real estate tax matters.

Mr. Schultz holds a master's degree in taxation from the University of Akron and a bachelor's degree in business administration from Bowling Green State University. He is a certified public accountant (CPA) and is a member of the National Association of Real Estate Investment Trusts (NAREIT), The International Council of Shopping Centers (ICSC), the American Institute of Certified Public Accountants (AICPA) and the Ohio Society of CPAs (OSCPA).

Mr. Schultz is a Board Member of The Gathering Place, a nonprofit dedicated to helping individuals and families affected by cancer, as well as a member of the Board of Trustees for the Westshore Montessori School.

Kenneth L. Stern – Senior Vice President of Peripheral Development

Kenneth L. Stern

Kenneth L. Stern is the Senior Vice President of Peripheral Development, a position he assumed in March 2009. He joined DDR in September 1995 as Director of Leasing – Northeast. He was promoted to Director of Peripheral Development in October 1999 and then to Vice President of Peripheral Development in March 2005.

In his role, he oversees the Company's portfolio of excess land and generates new income from the sale, ground leases or creation of multi-tenant buildings on the pads of the Company's shopping centers. Mr. Stern serves on the Company's executive committee.

Prior to joining DDR, Mr. Stern was Director of Retail Leasing for CMS Companies, a wealth management and real estate investment firm based in Philadelphia. He was also Leasing Manager for the Core Group, a real estate investment and development company based in New York City and Philadelphia.

Mr. Stern graduated from Penn State University with a Bachelor of Science from the Smeal College of Business. He is a member of the International Council of Shopping Centers (ICSC) where he serves as Executive Board Member on the Food & Beverage Committee. 

Anthony Vodicka – Senior Vice President of Leasing – Western Region

Anthony Vodicka

Anthony Vodicka is the Senior Vice President of Leasing for the Western Region, a position he assumed in March 2005. He is responsible for overseeing leasing activities in over 10 states. Mr. Vodicka had served as Vice President of Leasing for the Western Region since March 2002 and prior to that, as Assistant Vice President of Leasing for the Midwest Region and as Regional Leasing Manager. Mr. Vodicka has been a member of the Company's executive committee since 2002.

Prior to joining DDR in October 1999, Mr. Vodicka was a Leasing Representative for the Richard E. Jacobs Group, a Cleveland-based shopping center management company.

Mr. Vodicka is a graduate of Mercyhurst College in Erie, PA, where he earned a bachelor's degree in management and marketing. Mr. Vodicka is a member of the International Council of Shopping Centers (ICSC).

Bryan P. Zabell – Senior Vice President of Leasing – Western Region

Bryan P. Zabell

Bryan P. Zabell is the Senior Vice President of Leasing, a position in which he is responsible for overseeing all leasing functions in the Western region for DDR. Mr. Zabell also oversees all leasing functions for the Company’s 15 properties in Puerto Rico.

Mr. Zabell previously served as Senior Vice President of Anchor Store Leasing, a department which was launched in 2009 in response to numerous big box retailer bankruptcies and the resulting vacancies caused by the Great Recession. Under the leadership of Mr. Zabell, the Anchor Store Leasing department completed more than 250 big box leases totaling more than 8 million square feet between 2009 and 2014.  Mr. Zabell joined DDR in 2001 and was one of the original graduates of the Company’s industry-leading Management Training Program. Mr. Zabell has been a member of the Company’s executive committee since March 2008.

Mr. Zabell is a graduate of the Max M. Fisher College of Business at The Ohio State University, an active member of the International Council of Shopping Centers (ICSC), and a member of the Planning and Zoning Commission for the City of Beachwood.

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