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Taubman Centers Inc (TCO.N)

TCO.N on New York Stock Exchange

50.65USD
18 Jan 2019
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Summary

Name Age Since Current Position

Robert Taubman

64 2001 Chairman of the Board, President, Chief Executive Officer

Simon Leopold

50 2018 Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Treasurer

Peter Sharp

51 2017 President of Taubman Asia Management Limited

William Taubman

59 2005 Chief Operating Officer, Director

Paul Wright

47 2017 Executive Vice President, Global Head of Leasing

Ryan Hurren

2018 Chief Accounting Officer, General Manager, IR Contact Officer

Myron Ullman

71 2016 Lead Independent Director

Cia Buckley Marakovits

53 2016 Independent Director

Mayree Clark

61 2018 Independent Director

Michael Embler

54 2018 Independent Director

Janice Fields

63 2019 Independent Director

Nancy Killefer

65 2019 Independent Director

Ronald Tysoe

65 2007 Independent Director

Biographies

Name Description

Robert Taubman

Mr. Robert S. Taubman serves as Chairman of the Board, President, Chief Executive Officer of Taubman Centers, Inc. Mr. Taubman has been Chairman of the Board, and President and Chief Executive Officer of the Company and the Manager, which is a subsidiary of TRG. He has been Chairman Chairman of the Board, and President and Chief Executive Officer of the Company and the Manager, which is a subsidiary of TRG. He has been Chairman since December 2001 and President and CEO since 1990. He was Immediate past Chairman and a director of the Real Estate Roundtable, Member and former Trustee of the Urban Land Institute, Member of Executive Board, National Association of Real Estate Investment Trusts, Member and past trustee of the International Council of Shopping Centers, Member of the University of Michigan Investment Advisory Committee for its endowment and is involved in a number of other community and philanthropic organizations, Brother of William Taubman. He serves in Comerica Bank and related predecessor boards since 1987 (currently, a member of the Enterprise Risk Committee), Sotheby's Holdings, Inc., the international art auction house, from 2000 through his retirement from the Board in May 2016 (most recently served as Chairman of the Finance Committee).

Simon Leopold

Mr. Simon J. Leopold serves as Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Treasurer of Taubman Centers, Inc. Mr. Leopold has been Executive Vice President and Chief Financial Officer since January 2016 and Treasurer since September 2012. Mr. Leopold joined the Company in September 2012 as Senior Vice President, Capital Markets and Treasurer, and he became Executive Vice President, Capital Markets and Treasurer in March 2015. Previously, Mr. Leopold spent approximately 13 years as an investment banker, where he served as the managing director in the real estate banking groups at Deutsche Bank (1999 to 2011), KBW (2011 to 2012) and UBS in 2012. Earlier in his career, Mr. Leopold worked in New York City government in a variety of urban planning and economic development positions in the Office of the Mayor, Department of City Planning and the city’s Economic Development Corporation. He is a member of the National Association of Real Estate Investment Trusts, the International Council of Shopping Centers and the Urban Land Institute.

Peter Sharp

Mr. Peter John Sharp serves as President of Taubman Asia Management Limited of the Company, since from January 1, 2017. Mr. Sharp joined Taubman in January 2017 from his position as president of Walmart Asia Realty where he oversaw the company’s owned Asia real estate portfolio and mall developments, Sam’s Club as well as aspects of business planning, real estate and realty partnerships since 2011. In addition to leading real estate for the region since joining in 1997, he also led mergers and acquisitions integration for South Korea in 1999 and Japan from 2002 to 2008. A 20-year veteran of Walmart International, Mr. Sharp led the retailer’s expansion in China and entry into India, Japan and South Korea.

William Taubman

Mr. William Stuart Taubman serves as Chief Operating Officer, Director of Taubman Centers, Inc. Mr. Taubman is Chief Operating Officer of the Company, appointed in 2005, and served as Executive Vice President of the Company from 1994 to 2005. Mr. Taubman is also the Executive Vice President of the Manager, a position he has held since 1994. His responsibilities include the overall management of the development, leasing, and center operations functions. He held various other positions with the Manager prior to 1994. He serves as Member and past Chairman of the International Council of Shopping Centers, Member of the Urban Land Institute and the National Association of Real Estate Investment Trusts, Director of New Detroit and is the immediate Past Chairman; serves as chair of the Fund Development Committee, Leadership Advisory Board Member for the A. Alfred Taubman Medical Research Institute, Board of trustees for the Museum of Arts & Design in New York, Brother of Robert Taubman. He served as a financial analyst specializing in mergers and acquisitions before joining the Company.

Paul Wright

Mr. Paul A. Wright serves as Executive Vice President, Global Head of Leasing of the Company. He is Executive Vice President, Global Head of Leasing of the Company and the Manager, a position he has held since April 2017. Mr. Wright previously served in various senior leasing roles for Taubman Asia Management Limited from mid-2006 to March 2017, most recently as Group Vice President of Leasing. Prior to the Company, Mr. Wright held senior-level positions with Citta Management Limited and Lendlease.

Ryan Hurren

Myron Ullman

Mr. Myron E. (Mike) Ullman III, serves as Lead Independent Director of the Company. Mr. Ullman served as Executive Chairman of J.C. Penney Company, Inc., a chain of retail department stores, from August 2015 to August 2016, and previously from November 2011 to January 2012. From April 2013 to August 2015, served as Chief Executive Officer and a member of the Board of Directors of J.C. Penney Company, Inc. Previously served as the Chairman of the Board of Directors and Chief Executive Officer from December 2004 to November 2011. Served as Directeur General, Group Managing Director of LVMH Möet Hennessy Louis Vuitton, a luxury goods manufacturer and retailer, from July 1999 to January 2002. From January 1995 to June 1999, he served as Chairman and Chief Executive Officer of DFS Group Limited, a retailer of luxury branded merchandise. From 1992 to 1995, Mr. Ullman served as Chairman and Chief Executive Officer of R.H. Macy & Co., Inc. Served as the Chairman of the National Retail Federation from 2006 to 2008. Served as the Chairman of the Federal Reserve Bank of Dallas from 2008 to 2015. He serves as Lead Independent Director on the Board of Directors of Starbucks Corporation (including service as Chair of the Compensation and Management Development Committee). He has served on the Board of Directors for 11 U.S. and international public companies, including Starbucks, J.C. Penney Company, Inc., Ralph Lauren Corporation, Taubman Centers, Inc., Saks, Inc., R.H. Macy Corporation, LVMH Möet Hennessy Louis Vuitton, and Federated Department Stores, Inc.

Cia Buckley Marakovits

Ms. Cia Buckley Marakovits serves as Independent Director of the company. Ms. Buckley Marakovits is Chief Investment Officer (since 2012), Partner, Managing Director and Member of the Investment Committee (since 2007) of Dune Real Estate Partners LP (which evolved from Dune Capital Management LP). Prior Occupation : From 1997 to 2007, held a variety of positions at JER Partners (an affiliate of the J.E. Robert Companies), including Chief Financial Officer, Head of Asset Management, Head of Acquisitions and, most recently, President of the U.S. Fund Business; also served on various investment committees of JER Partners. Spent nine years in the Real Estate Investment Banking Group of Bankers Trust managing investments in a variety of asset classes. She is Full Member of the Urban Land Institute, Chair of the Investment Committee for ULI and ULIF, Member of the Audit Committee ULIF, Trustee of ULI as well as member of the board and Treasurer of ULI Foundation, active in the Women’s Leadership Initiative, Member of the Pension Real Estate Association, Member of Columbia Business School’s MBA Real Estate Program Advisory Board, Member of the Executive Committee of the Samuel Zell and Robert Lurie Real Estate Center at the Wharton School of Business, Member of WX, Women Executives in Real Estate, Member of the Board of Trustees and member of the Finance Committee, Collegiate School.

Mayree Clark

Ms. Mayree Carroll Clark is Independent Director of the Company, since January 16, 2018. Current Occupation : Founding partner of Eachwin Capital, an investment management organization, which she led from 2011 to late 2016 for the benefit of third party investors and now runs for her family's investments. Prior Occupation : Partner and member of the executive committee of AEA Holdings, and a Senior Advisor to its real estate affiliate, Aetos Capital Asia from 2006 to 2010, Held a variety of executive positions at Morgan Stanley over a span of 24 years from 1981 to 2005, serving as Head of Real Estate Capital Markets, Global Research Director, Director of Global Private Wealth Management, deputy to the Chairman, President and Chief Executive Officer, and non-executive Chairman of MSCI. She was appointed by the Council of Institutional Investors to serve on the 2018 Corporate Governance Advisory Council. She Served on the Board of the Stanford Management Company, which is responsible for Stanford University's endowment (2007-2015) and Commonfund (1992-2004). She was Director of Ally Financial Inc. (since 2009) (including service as Chair of the Risk Committee and member of the Audit Committee), Recently nominated for election to the Supervisory Board of Deutsche Bank.

Michael Embler

Mr. Michael J. Embler is Independent Director of the Company, since January 16, 2018. He Chief Investment Officer of Franklin Mutual Advisers LLC, an asset management subsidiary of Franklin Resources, Inc. from 2005 to 2009. Head of its Distressed Investment Group from 2001 to 2005. From 1992 until 2001, he worked at Nomura Holdings America in positions of increasing responsibility culminating in the position of Managing Director co-heading Nomura's Proprietary Distressed Debt/Special Situations Group. He serves as a director of Mohonk Preserve, a non-profit land trust in New York State, where he serves as Treasurer and Chair of the Finance Committee. He is Director of NMI Holdings, Inc. (since 2012) (including service as the Chair of the Audit Committee and a member of the Compensation Committee)., Director of American Airlines Group, Inc. (since 2013) (including service on the Audit and Finance Committees), Previously served as director of CIT Group Inc. from 2009 to 2016, Abovenet, Inc. from 2003 to 2012, Dynergy Inc. from 2011 to 2012 and Kindred Healthcare from 2001 to 2008.

Janice Fields

Nancy Killefer

Ronald Tysoe

Mr. Ronald William Tysoe serves as Independent Director of the Taubman Centers, Inc. Mr. Tysoe is Professional Director of Public Company Boards as set forth below: Canadian Imperial Bank of Commerce, since February 2004, Cintas Corporation, since December 2007 (Chairman of the Audit Committee and a member of the Nominating and Corporate Governance Committee), J. C. Penney Company, Inc., since August 2013 (Lead Director; Chairman of the Corporate Governance Committee). He was Senior Advisor at Perella Weinberg Partners LP, a boutique investment banking firm in New York from October 2006 through September 2007, Vice Chairman, Finance and Real Estate, of Federated Department Stores, Inc. (now Macy's, Inc.), from April 1990 to 2006, including as Chief Financial Officer of Federated from 1990 to 1997. Served on the Federated board of directors from 1988 until 2005. In addition to current boards noted herein, also served as a director of Scripps Networks Interactive, Inc. (spun off from E.W. Scripps Company), a media and broadcasting enterprise, from July 2008 to March 2018 (Chairman of the Audit Committee, and a member of the Compensation Committee and Pricing Committee) and Pzena Investment Management, Inc. from December 2008 to August 2013.

Basic Compensation