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About GGP

GGP Management

 

SANDEEP MATHRANI
Chief Executive Officer

Prior to GGP, Mr. Mathrani was president of retail for Vornado Realty Trust, one of the largest REITs in the country, with a total capitalization of more than $31 billion. At Vornado, Mr. Mathrani oversaw U.S. retail real estate and its India operations. Prior to Vornado, he spent eight years with Forest City Ratner, where he was executive vice president, responsible for their retail development and leasing in the New York City metropolitan area. Mr. Mathrani is a real estate industry veteran with more than 20 years of experience and holds a Master of Engineering, Master of Management Science and Bachelor of Engineering from Stevens Institute of Technology.

 

MICHAEL BERMAN
Executive Vice President and Chief Financial Officer

Mr. Berman joined GGP in December of 2011. He brings more than 25 years of combined experience in the real estate and financial industries. Prior to his role as CFO of GGP, Mr. Berman served as executive vice president and chief financial officer of Equity LifeStyle Properties. During 2003, Mr. Berman was an associate professor at the New York University Real Estate Institute. He was a managing director in the investment banking department at Merrill Lynch & Co. from 1997 to 2002. Mr. Berman holds an MBA from Columbia University Graduate School of Business; a J.D. from Boston University School of Law; and a bachelor's degree from Binghamton University in New York. Mr. Berman is a member of the Columbia Business School Real Estate Advisory Board and a board member and chairman of the Audit Committee for Brixmor Property Group, Inc.

 

SHOBI KHAN
Chief Operating Officer

As chief operating officer, Mr. Khan’s oversight includes investments, asset management, human resources and joint-venture partnership disciplines and day-to-day operations. Prior to GGP, Mr. Khan served as U.S. chief investment officer at Bentall Kennedy, one of North America’s largest real estate investment advisors, where he held direct responsibility for U.S. investment activity and served on the company’s management group and investment committees. Prior to Bentall Kennedy, Mr. Khan was senior vice president of investments at Equity Office Properties Trust. During his 11 years at EOP, he led the underwriting of $16 billion in office REIT mergers and was involved with EOP’s $39 billion sale to Blackstone in 2007. Prior to joining EOP in 1996, Mr. Khan served with Katz Hollis, Inc. in Los Angeles, where he completed more than $5 billion in tax allocation bond transactions and public/private-financing assignments throughout the United States. Before joining Katz Hollis, he was with Arthur Andersen in San Francisco, where he was responsible for various real estate consulting engagements. Mr. Khan holds an MBA from the University of Southern California and a bachelor’s degree from the University of California at Berkeley. He is an active member of the International Council of Shopping Centers (ICSC). Mr. Khan serves as a board member of Aliansce, a publically-traded Brazilian mall company.

 

ALAN BAROCAS
Senior Executive Vice President, Mall Leasing

Mr. Barocas oversees mall leasing, business development, marketing, strategy and research disciplines at GGP. Prior to joining GGP, Mr. Barocas was the principal of Alan J. Barocas and Associates, a retail real estate consulting group he founded in May of 2006, specializing in assisting retailers, developers and investment groups with growth and investment strategies. His client list included Under Armour, Calvin Klein, Fossil, New York & Company, Vornado Realty Trust, Advent International and Abbell Financial Investments. Prior to May of 2006, Mr. Barocas spent 25 years with Gap Inc., where he was instrumental in leading its three divisions (Gap, Banana Republic and Old Navy) in developing and executing their real estate growth strategies. In January of 2007, Mr. Barocas was named to the board of directors of Stage Stores Inc., Houston, Texas. Mr. Barocas is a past trustee of ICSC and a graduate of University at Albany with a Bachelor of Science in Business Administration.

 

MARVIN LEVINE
Executive Vice President and Chief Legal Officer

Mr. Levine serves as chief legal counsel for GGP. In more than 30 years of practicing law, Mr. Levine has handled numerous sales and acquisitions of community shopping centers, big box power centers, regional malls, office buildings and mixed use properties. Mr. Levine has considerable experience with development projects from the initial public approval process through construction, leasing and ultimate permanent financing. Certain of his transactions have had values in excess of $500 million with the average transaction in the $5 million to $50 million range. He also was lead counsel in the initial public offering of a private developer into an entity now publicly traded on the NYSE. Most recently, Mr. Levine was heavily involved in the structuring of complicated participation multiple party ventures to maximize value while making sure all potential tax related advantages were integrated into the final structure. Representative clients have included Acadia Realty Trust, Vornado Realty Trust and Thor Equities. His professional affiliations include the International Council of Shopping Centers and the New York State Bar Association. Mr. Levine earned a J.D. from New York University and a Bachelor of Science from Lehigh University and is admitted to the Bar in New York, California, Pennsylvania and Nebraska.

 

CHUCK LHOTKA
Executive Vice President, Asset Management

Mr. Lhotka oversees the management and maximization of GGP’s mall operations. Throughout his tenure at the company, Mr. Lhotka has held various positions, including chief administrative officer, senior vice president of development and senior vice president of operations. Prior to joining General Growth, Mr. Lhotka worked for Homart Development Co., where he began working in 1972 as a staff assistant in the corporate personnel department. At Homart, he went on to serve in many capacities within corporate and mall management, including general manager of Northbrook Court and vice president of asset management. A native of Chicago, Mr. Lhotka received his Bachelor of Arts from DePaul University. He is an honoree of GGP’s distinguished Founder’s Award; member of the International Council of Shopping Centers; has served as an ICSC CSM committee member; and holds the designation of Senior Certified Shopping Center Manager.

 

RICHARD PESIN
Executive Vice President, Anchors, Development and Construction

Mr. Pesin manages GGP's development, construction and big box leasing efforts. Prior to GGP, Mr. Pesin was executive vice president and director of Retail Development for Forest City Ratner Companies where he oversaw all aspects of retail development and leasing. With more than 25 years of experience in retail site acquisition, development and leasing, Mr. Pesin led the company’s program to bring innovative shopping centers to underserved urban markets. During his 15 year tenure with Forest City, Mr. Pesin was directly responsible for more than 4.5 million square feet with a cost of more than $1.5 billion of new development. In his executive role, he remained closely involved with the ongoing operation and leasing of the company’s retail portfolio. Mr. Pesin is a graduate of Duke University with a Bachelor of Economics and Political Science.

 

JAMES A. THURSTON
Chief Accounting Officer

Mr. Thurston brings to GGP 17 years of accounting experience and expertise in budgeting, capital planning and financing. He oversees all financial operations, reporting and accounting. Prior to GGP, he served as vice president of Finance International Operations for Simon Property Group, Inc. where he supported international expansion efforts and served on the audit committee of Simon's European joint ventures. From 2001 to 2003 he managed the department responsible for preparing SEC filings and other disclosures. Mr. Thurston worked at Ernst & Young from 1994 to 2000 when he left to serve as controller for an entrepreneurial business-to-business venture. Mr. Thurston holds an MBA from the Kellogg School of Management at Northwestern University and received his Bachelor of Arts in accounting from Michigan State University.

CATHIE HOLLOWELL
Senior Vice President, Human Resources

style= Ms. Hollowell has more than 25 years of human resources experience. She began her career with General Growth in 1998 with a focus on automation of HR services and payroll. Ms. Hollowell is frequently on customer advisory boards for HR professional vendors, such as Ultimate Software and SuccessFactors. Before joining GGP, she implemented and managed the HR systems for Comdisco, a computer leasing and disaster recovery firm in Rosemont, Illinois. In 2007 she received the GGP Founders Award, bestowed for outstanding achievement once annually to a single employee. Also that year, she was honored by Gallup for excellence in management. Ms. Hollowell received her Bachelor of Arts degree, with a human resource management focus, from DePaul University in Chicago.

 

SCOTT MOREY
Executive Vice President

 style= Mr. Morey brings more than 25 years of real estate operating experience. At General Growth Properties he is responsible for customer experience, marketing and technical infrastructure. Mr. Morey was previously managing director for Alvarez & Marsal, leading their European real estate advisory restructuring practice. While at Alvarez & Marsal he directly advised on €7 billion worth of real estate positions across 12 countries throughout Europe. Prior to Alvarez & Marsal, Mr. Morey served as chief operating officer of CityScape, a private Nigerian-based real estate development company focusing on large mixed-use projects in West Africa in excess of $1 billion. Mr. Morey has held similar real estate and operating positions including senior vice president and chief information officer at Equity Office Properties where he was instrumental in the integration of the company’s various acquisitions and streamlining its underlying operating model. He is also a former partner with Ernst & Young Kenneth Leventhal where he was instrumental in advising other REITs, developers, investors and retailers on how to improve their underlying performance. In 1988, he earned a Bachelor of Business Administration from the University of San Diego.