Beachwood, Ohio — Beachwood-based DDR Corp. has named Thomas August president and CEO.
The appointment of August follows the termination of David Oakes as president and CEO, and as interim chief financial officer. Oakes’ termination was not related to the company’s financial or operating results, or to any disagreements or concerns regarding the company’s financial or reporting practices.
August is currently the chairman of the board at DCT Industrial Trust Inc. He previously served as president and CEO of Equity Office Property Trust (EOP) from July 2010 until the end of 2015. In addition to August, Vincent Corno has been named executive vice president of leasing and development and Christa Vesy has been named interim chief financial officer.