Leadership

Relationships Make the Difference

Creating value for the long-term, it’s a philosophy that is the cornerstone of Vestar’s success—with every project and every person. We are proud that many of our senior management have been a part of the company for more than 20 years, and as we have grown, dynamic industry leaders have joined the team with unparalleled experiences that transcend all disciplines. It’s that kind of commitment and forward-thinking that not only strengthens Vestar as a company, but also serves our clients and builds a mutual respect and trust.

Our retail centers are also designed and operated to maximize long-term value for the company, our investors and our tenants. It’s because of this philosophy that Vestar continues to meet its commitments to increase net asset value and maintain our reputation as a stable and reliable owner, partner and manager.

Vestar has developed positive, long-term relationships with investors, tenants and the communities that rely on Vestar’s retail centers for shopping, socializing and entertainment. Many of these relationships form the basis of our future developments, as they look to Vestar to continue creating, operating and managing innovative retail centers that meet their needs – now and in the future.

SENIOR MANAGEMENT TEAM

Lee T. Hanley

Founder/
Past Chairman

1941-2012

Vestar will remain guided by the values and principles Lee exemplified over the years—integrity, initiative, dedication and social responsibility. Lee’s example, achievement and legacy will certainly live on for many generations to come.

Richard J. Kuhle

Chairman & CEO

(602) 866-0900

Rick Kuhle is a founding principal of Vestar and is responsible for all retail development. Through his leadership, Vestar has become a nationally recognized shopping center developer. Previously, Rick held positions at Estes Development Co. and Grubb & Ellis Commercial Brokerage. He has a master’s degree in Business Administration from Arizona State University and an undergraduate degree in History from Utah State University. Rick serves on two municipal boards in metropolitan Phoenix and is a member of the International Council of Shopping Centers.

David J. Larcher

President

(602) 866-0900

David Larcher is a founding principal of Vestar and has been responsible for some of the most dynamic and popular retail projects in the southwest. David is responsible for Vestar’s acquisition, development and operational activities. He is a graduate of Arizona State University with a degree in Real Estate and Finance. David is a member of the International Council of Shopping Centers, Urban Land Institute and is involved in several metropolitan Phoenix charitable organizations.

J. Paul Rhodes

Executive Vice President

(602) 553-2608

Paul Rhodes is a founding principal of Vestar and oversees construction for all of Vestar’s operations. During his tenure, Paul has been responsible for the construction of more than 75 shopping centers, totaling in excess of 16.5 million square feet. Previously, Paul held positions at Estes Development Co. and Morrison-Knudsen. He graduated from Arizona State University with a degree in Civil Engineering. Paul is on the Executive Council of the Phoenix Boys and Girls Club, and is a member of the International Council of Shopping Centers, the Phoenix Thunderbirds, Phoenix Children Hospital Foundation Board and Valley Partnership Board of Directors.

R. Patrick McGinley

President of
Management Services

(602) 553-2619

Patrick McGinley oversees all operations for Vestar’s 23 million square feet under management, including five regional offices. He joined Vestar in 1989 and has been involved in the significant growth and scale of the property management division. He is a graduate of University of Arizona and is a member of the Phoenix Thunderbirds, International Council of Shopping Centers, and is a past-President of Valley Partnership. Additionally, Patrick has been involved in various civic organizations, such as the Foundation for Blind Children and Executive Council of the Boys and Girls Clubs of Metropolitan Phoenix.

Edward J. Reading

Executive Vice President
of Finance

(602) 553-2620

Ed Reading is responsible for all accounting and property finance operations. Prior to joining Vestar in 1992 as Director of Finance, he held a position of Controller at Arizona Building and Development, a real estate developer, owner and property manager and served three years with the public accounting firm of Arthur Andersen. Ed graduated from the University of Arizona in 1984 with a degree in Accounting and is a member of the International Council of Shopping Centers and the Scottsdale Charros, a local civic organization.

Allan J. Kasen

General Counsel

(602) 553-2644

Allan Kasen oversees legal matters and handles special projects on behalf of the company. Prior to joining Vestar in 1994, Allan served as Senior Partner in a major Phoenix law firm for approximately 15 years. Previously, he worked for the Wall Street law firm of Hughes, Hubbard & Reed after clerking for a federal judge. He received a Juris Doctorate with honors in 1969 from Harvard Law School and graduated from Brooklyn College (Magna Cum Laude and Phi Beta Kappa) with a bachelor’s degree in Economics. Allan has been active in various academic and children’s charitable organizations.

Jeffrey M. Axtell

Executive Vice President & Regional Manager

(562) 420-5103

Jeff Axtell oversees Vestar’s acquisition and development strategies in California, Nevada, Oregon and Washington which includes repositioning of assets, leasing and dispositions. He has been responsible for several landmark retail developments including The District at Tustin Legacy, Long Beach Towne Center and Cerritos Towne Center. Recently, Jeff acquired Riverside Plaza, Village at Orange and Peninsula Center. Prior to joining Vestar in 1997, he served as Vice President and Manager of the Seeley Company’s Retail Division specializing in the sale and leasing of community and power centers. Jeff graduated from the University of California, Los Angeles, with a degree in Economics. Jeff is a member of the International Council of Shopping Centers and has served on athletic boards for the local youth sports programs.

David C. Malin

Vice President of Acquisitions & Development

(602) 553-2623

David Malin oversees Vestar’s acquisitions and development strategies which includes the repositioning of assets, leasing and dispositions. Prior to joining Vestar in 2002, David spent 12 years leasing and developing shopping centers with H&R Retail/Chain Links in the Baltimore and Washington D.C. markets. Previously, he practiced law with Dalnekoff & Mason, P.A. in Annapolis, Maryland. David received his Juris Doctorate in 1988 from the University Of Baltimore School Of Law. He graduated from Western Maryland College (subsequently named McDaniel College) in 1985 with a Bachelor’s Degree in both Political Science and History, and was a College Basketball 2nd Team Academic All-American that same year. David has been a member of the International Council of Shopping Centers since 1990.

Clint Marchuk

Vice President of Acquisitions

(602) 866-0900

Clint Marchuk is responsible for the identification, evaluation and execution of shopping center acquisitions. Prior to joining Vestar, Clint acquired shopping centers for both publicly traded and non-traded REITs sponsored by Cole Real Estate Investments. During his tenure at Cole, Clint was actively involved in the acquisition of over $2 billion in commercial real estate transactions. Prior to Cole, Clint served in civil engineering and land development roles with CFA, Inc. in Reno, Nevada. Clint earned his Master of Business Administration in Financial Management and Markets from Arizona State University’s W.P. Carey School of Business, as well as a Bachelor of Science in Civil Engineering from the University of Nevada – Reno. Clint is a member of both the International Council of Shopping Centers (ICSC) and the Urban Land Institute (ULI).

Richard E. Hearn

Vice President of Leasing

(602) 553-2610

Rick Hearn is Vice President of Leasing for Vestar. He oversees the leasing of the company’s portfolio throughout the southwestern U.S. He joined Vestar in 1994 as its Director of Leasing after a five-year career in the commercial real estate brokerage industry. Rick is the recipient of ICSC’s “Trustee’s Distinguished Service Award” and a past Arizona ICSC State Director. He is a graduate from the University of Phoenix with honors, receiving a Bachelors Degree in Business Management, complimenting his Business Administration curriculum, majoring in Real Estate and Finance, from Arizona State University. Rick is community-minded and actively involved in Fighter Country Partnership, supporting Luke AFB, along with Boys Hope/Girls Hope and Brokers for Kids.

Jenny Cushing

Assistant Vice President
of Leasing

(602) 553-2618

Jenny Cushing is Assistant Vice President of Leasing for Vestar and is responsible for the leasing efforts of assets throughout California, Arizona & Nevada. Prior to Vestar, Jenny was the Vice President of Leasing for American Realty Capital Properties/Cole Real Estate Investments. During her tenure, she was responsible for supervising in-house policies and a network of national brokers and attorneys. She managed a portfolio of 50 shopping centers totaling 10 million sf and successfully negotiated 2 million sf of retail transactions with a value of over $200 million. Jenny performed her undergraduate studies in Communications at Arizona State University and is the recipient of the Quill & Scroll National Journalism Scholarship and the Fraternal Order of Police Scholarship. She is also an active member of the International Council of Shopping Centers.

Janice Fuchs

Vice President of Property Management

(562) 938-1722

Janice Fuchs is the Vice President of Property Management. She is responsible for leading the California and Nevada property management functions and business development efforts. Prior to joining Vestar, Janice worked at the Irvine Company as Vice President, Operations, Neighborhood & Community Centers. In this role, Janice was responsible for the operations/property management function of 36 shopping centers. A graduate of Columbia College, Janice is a member of the International Council of Shopping Centers (ICSC) where she obtained the designation of certified shopping center manager (CSM). She is a former Western Division Operations Chair for the ICSC and has served as a faculty member of the University of Shopping Centers.

Jim Brennan

Vice President of Operations

(602) 553-2665

Jim Brennan is responsible for best practices on Vestar’s entire portfolio to include contract negotiation, professional implementation and seamless transfer from construction to Property Management on renovation and re-positioning projects. Prior to joining Vestar, Jim held various management positions with Simon Property Group, Equity Properties & Development and Forest City Enterprises. He earned his Bachelor’s of Arts Degree from Westminster College in 1986 and is a licensed Real Estate Agent in Arizona. Jim also served as the ICSC State Operations Chair for Arizona and New Mexico from 2009/2010. He is an active member of ICSC and holds the prestigious designations of CRX and CSM.

Denise Hart Neff

Vice President of Marketing

(602) 553-2717

Denise Hart Neff is the Vice President of Marketing and oversees the marketing staff, advertising, public relations, community relations, promotions and sponsorship activities for the company’s retail destinations. Prior to joining Vestar, Denise held positions with The Mills Corporation, Simon Property Group and Nike, Inc. She has more than 20 years of experience in retail, event marketing, tourism and sponsorships. Denise is a member of the International Council of Shopping Centers, and holds the prestigious designations of CRX and CMD. She is also an active member and past chair of the Tempe Tourism Office Board of Directors.

Kimberly Daskas

Regional Director of Marketing & Strategic Partnerships

(714) 259-1046

Kimberly Daskas oversees the marketing staff, advertising, public relations, community relations, promotions and sponsorship activities for the company’s retail destinations throughout California and Nevada. Prior to joining Vestar, Kimberly handled marketing, event and sponsorship activities for companies and projects from the internationally acclaimed Fremont Street Experience in Las Vegas, to the West Coast Region of Archstone Smith. She has over 25 years in retail, entertainment, internet and multi-housing marketing experience. In her current role Kimberly is also responsible for forming multi-year marketing partnerships with both community and national partners, resulting in ancillary income for the projects she oversees.

Bryce S. Egbert

Director of Business Development

(562) 938-1722

Bryce Egbert is the Director of Business Development and is responsible for formalizing and growing the third-party services business within Vestar. He leads and coordinates marketing and selling efforts for Vestar’s property management, leasing oversight, construction management, and other services the company delivers. Prior to joining Vestar, Bryce managed the Western U.S. Business Development Group for IPC International Corporation, comprising nearly 200 retail properties in a 19-states territory from Texas to Hawaii. He was responsible for retail sector growth, client relationships, and community partnerships. He is a graduate of the University of Arizona with Bachelor of Science degrees in Economics and Entrepreneurship. Bryce is a member of the International Council of Shopping Centers, and is involved in several charitable organizations in Los Angeles and Phoenix.

Jack Van Kleunen

Senior Vice President of Construction

(602) 553-2622

Jack Van Kleunen is responsible for managing pre-development and construction of Vestar retail developments. Prior to joining Vestar in 2002, he was Senior Construction Manager for Lowe Enterprises, Koll Development Co. and Tishman Speyer Properties, managing the construction of more than 20 million square feet of commercial and retail development. During his tenure, Jack has been responsible for construction management of more than 20 new and existing retail developments, totaling in excess of 25 million square feet. Jack graduated from the University of Florida, School of Architecture in 1982 with a Bachelor of Science degree in Building Construction. He is a member of the International Council of Shopping Centers.

Cosbey Watson

Regional Construction Manager

(562) 938-1722

Cosbey Watson is Regional Construction Manager and responsible for pre-development and construction. Cosbey brings 20 years of real estate development and construction expertise to Vestar. Prior to joining Vestar, he was the VP of Construction for Dynamic Development Company, LLC and was responsible for direct oversight and coordination of all construction from inception to close out. Cosbey is a graduate from the University of Southern California in Public Policy and is also a licensed General Contractor and Real Estate agent.