ICSC elects Container Store exec as chairman
The International Council of Shopping Centers' Board of Trustees has elected Valerie Richardson to serve as the organization’s chairman.
ICSC also elected Daniel Hurwitz as Vice-Chairman for the 2018-2019 term.
Richardson is the first Chairman to serve from an active retailer and the fifth female Chair. She succeeds Kenneth F. Bernstein of Acadia Realty Trust as ICSC’s 59th Chairman.
Vice President of Real Estate for The Container Store, Richardson is responsible for site evaluation and lease negotiation, as well as store design coordination and construction for The Container Store's nationwide store expansion program.
“The value and service ICSC delivers to its retailer members is the reason I have been involved with the organization for 35 years,” stated Richardson. “I look forward to working with ICSC leadership to bring all of what ICSC has to offer to my peers as well as those just now entering this dynamic industry. I am honored to have the opportunity to serve as Chairman of ICSC at such an innovative and transformative time in retail and retail real estate.”
Prior to joining The Container Store in the fall of 2000, Richardson was Senior VP – Real Estate and Development for Ann Taylor, Inc., where she administered the company's store expansion strategy for Ann Taylor and Ann Taylor Loft. Before her years at Ann Taylor, she was VP of Real Estate and Development for the Superstore Division of Barnes & Noble, Inc. Richardson began her real estate career at Dallas-based developer, Trammell Crow Company. In 2004, she became a member of the Board of Trustees of ICSC.
“We welcome Valerie as ICSC Chairman,” said ICSC President and CEO Tom McGee. “Valerie’s expertise in leading multiple retailers through successful expansions and transitions will be a valuable asset for ICSC. Additionally, the perspective she brings from the retail side of the business will be crucial as we continue to elevate our programs and services to meet the needs of our retail members.”
Vice Chairman Daniel B. Hurwitz is Founder & CEO of Raider Hill Advisors, providing strategic, executive, and operational oversight for the portfolio companies owned by Raider Hill's clients as well as acquisition and retail advisory services for all investment activity. Prior to Raider Hill, Hurwitz held a variety of positions in the retail and real estate sectors dating back to 1986, most recently as CEO of DDR Corp. He is a member of the Board of Directors of GGP, where he serves as Lead Director, Brixmor Property Group, and Diamonds Direct. Additionally, Hurwitz serves as an advisor to the Board of Directors of EDENS and ShopCore.
ICSC serves the global retail real estate industry, with a 70,000+ member network in over 100 countries.