June 07, 2010 -
Shopping Centers
According to the International Council of Shopping Centers (ICSC), five industry executives have been elected to the ICSC board of trustees. The new appointments became official during ICSC's annual Meeting of Members, which was held during RECon, ICSC's annual convention. The newly elected board members are: Holly Cohen, senior VP of real estate, planning & construction for J. Crew; Vincent Corno, senior VP of real estate for Saks Incorporated; Carl L. Goertemoeller, senior vice president of real estate for Macy's, Inc., Cincinnati, Ohio; Kenneth Bernstein, president and CEO of Acadia Realty Trust, White Plains, N.Y.; Donald Wood, president and CEO of Federal Realty Investment Trust, Rockville, Md.
"Behind every strong association is a strong board of trustees, and these 5 individuals will ensure that ICSC continues to be the premier global retail and real estate trade association in the world," stated Michael Kercheval, ICSC's president and chief executive officer. "These new trustees have a vast and diverse background in the retail real estate industry and I, along with the current board members, look forward to working with them during their term," Kercheval said.
The board of trustees' primary responsibility is to assist ICSC in the implementation of its mission statement, which is to provide educational programs and publications in all aspects of shopping center development, finance, management, marketing, and other specialized areas of professional interest; conduct meetings and other programs designed to promote the exchange of ideas among members; collect and disseminate information pertaining to the shopping center industry; develop and maintain professional certification programs to encourage high standards for shopping center professionals; and to advocate the interests of the shopping center industry to federal and state/provincial governments.
There are 52 voting board of trustee members, all with three-year terms. Trustees are not eligible to serve for more than six consecutive years.
Founded in 1957, ICSC is the premier global trade association of the shopping center industry. Its more than 55,000 members in over 90 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials. As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world.