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Thursday, November 26, 2009, 8:40AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
Developers Diversified Realty Corp. (DDR)On Nov 25: 9.81  Up 0.13 (1.34%)  
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Developers Diversified Realty Corp.
3300 Enterprise Parkway
Beachwood, OH 44122
United States - Map
Phone: 216-755-5500
Fax: 216-755-1500
Web Site: http://www.ddrc.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:REIT - Retail
Full Time Employees:768

BUSINESS SUMMARY 
Developers Diversified Realty Corporation (DDR) operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers. As of February 5, 2007, it owned or managed approximately 461 shopping centers and 7 business centers, as well as 1,170 acres of undeveloped land. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. DDR was founded in 1965 and is headquartered in Beachwood, Ohio.
Key Statistics

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    CORPORATE GOVERNANCE 
    Developers Diversified Realty Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 99.5% of Russell 3000 companies and 99% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Scott A. Wolstein J.D., 56
    Exec. Chairman, Chief Exec. Officer, Chairman of Pricing Committee, Chairman of Dividend Declaration Committee and Member of Controlled Equity Program Pricing Committee
    $ 1.88M $ 0
    Mr. Daniel B. Hurwitz , 45
    Pres, Chief Operating Officer
    $ 1.37M $ 0
    Mr. William H. Schafer , 50
    Chief Financial Officer and Exec. VP
    $ 424.00K $ 0
    Mr. David J. Oakes C.F.A., 30
    Chief Investment Officer, Sr. Exec. VP of Fin., Chairman of Investment Committee, Chairman of Operating Committee and Member of Internal Compensation Committee
    $ 725.00K $ 0
    Mrs. Joan U. Allgood , 56
    Exec. VP of Corp. Transactions & Governance and Sec.
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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