DDR Corp. Names David Lukes President & CEO - Quick Facts

(RTTNews) - DDR Corp. (DDR) announced that David Lukes has been named President and CEO to replace Tom August. The company also announced the appointment of Michael Makinen as Executive Vice President and Chief Operating Officer and Matthew Ostrower as Executive Vice President, Chief Financial Officer, and Treasurer.

David Lukes served as CEO of Equity One from June 2014 to March 2017. Prior to joining Equity One, he served as President and CEO of Sears Holdings Corporation affiliate Seritage Realty Trust. Lukes also previously served as President and CEO of Olshan Properties as well as Chief Operating Officer of Kimco Realty Corporation.

Mike Makinen served as Executive Vice President and Chief Operating Officer of Equity One from July 2014 to March 2017. Prior to joining Equity One, Makinen served as Chief Operating Officer of Olshan Properties. Matthew Ostrower served as Executive Vice President, Chief Financial Officer and Treasurer of Equity One from March 2015 to March 2017. Prior to joining Equity One, Ostrower held several roles at Morgan Stanley, including Associate Director of European Research and head of U.S. REIT Equity Research.