BEACHWOOD, Ohio, Sept. 4, 2012 /PRNewswire/ -- DDR Corp.
(NYSE: DDR) today announced the appointment of Martin McGreevy as senior vice president and
chief marketing officer. In his role Mr. McGreevy will be
responsible for establishing and executing the company's corporate
messaging, branding and marketing strategy.
(Logo: http://photos.prnewswire.com/prnh/20110912/CL65938LOGO
)
"We are excited to welcome Marty to our management team and look
forward to his contributions as we expand our marketing efforts and
leverage various innovative media platforms and networks that will
enhance our business objectives," said Daniel B. Hurwitz, president and chief executive
officer of DDR.
Mr. McGreevy commented, "I am excited to return to Cleveland and contribute to such a
forward-focused organization. There is significant opportunity to
expand upon the current brand of DDR by creating incremental value
through a variety of marketing and messaging initiatives."
Prior to joining DDR, Mr. McGreevy was president of Cyclonix
Inc., a San Jose-based marketing
and consulting firm. Mr. McGreevy is a graduate of Ohio University where he earned a bachelor of
science in communications. He currently serves on the board of
directors of the Carmel Art & Film Festival in California and has been a producer of the
Festival since 2010. In addition, Mr. McGreevy is a member of the
International Council of Shopping Centers (ICSC).
About DDR
DDR is an owner and manager of 459 value-oriented shopping
centers representing 117 million square feet in 39 states,
Puerto Rico and Brazil. The company's assets are concentrated
in high barrier-to-entry markets with stable populations and high
growth potential and its portfolio is actively managed to create
long-term shareholder value. DDR is a self-administered and
self-managed REIT operating as a fully integrated real estate
company, and is publicly traded on the New York Stock Exchange
under the ticker symbol DDR. Additional information about the
company is available at www.ddr.com.
Safe Harbor
DDR considers portions of the information in this press release
to be forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, both as amended, with respect to the
Company's expectation for future periods. Although the Company
believes that the expectations reflected in such forward-looking
statements are based upon reasonable assumptions, it can give no
assurance that its expectations will be achieved. For this purpose,
any statements contained herein that are not historical fact may be
deemed to be forward-looking statements. There are a number of
important factors that could cause our results to differ materially
from those indicated by such forward-looking statements, including,
among other factors, local conditions such as oversupply of space
or a reduction in demand for real estate in the area; competition
from other available space; dependence on rental income from real
property; the loss of, significant downsizing of or bankruptcy of a
major tenant; constructing properties or expansions that produce a
desired yield on investment; our ability to buy or sell assets on
commercially reasonable terms; our ability to complete acquisitions
or dispositions of assets under contract; our ability to secure
equity or debt financing on commercially acceptable terms or at
all; our ability to enter into definitive agreements with regard to
our financing and joint venture arrangements or our failure to
satisfy conditions to the completion of these arrangements; and the
success of our capital recycling strategy. For additional factors
that could cause the results of the Company to differ materially
from those indicated in the forward-looking statements, please
refer to the Company's Form 10-K for the year ended December 31, 2011, as amended. The Company
undertakes no obligation to publicly revise these forward-looking
statements to reflect events or circumstances that arise after the
date hereof.
SOURCE DDR Corp.