Steven B. Tanger
Executive Chair of the Board
Executive Chair of the Board since January 1, 2021 and Director of the Company since May 13, 1993. Chief Executive Officer from May 2017 to December 2020. President and Chief Executive Officer from January 2009 to May 2017. President and Chief Operating Officer from January 1995 to December 2008; Executive Vice President from 1986 to December 1994. Mr. Tanger is a former Trustee of the International Council of Shopping Centers (ICSC); a former Director of The Fresh Market, a member of the Real Estate Roundtable and a Director and Member of the Executive Committee of the National Association of Real Estate Investment Trusts (NAREIT).
Mr. Tanger joined the Company's predecessor in 1985 and is the son of the Company's founder, Stanley K. Tanger. Together with his father, Mr. Tanger has helped develop the Company into a portfolio of 36 upscale outlet shopping centers and one additional center currently under development in 20 states and in Canada, totaling approximately 13.6 million operating square feet leased to over 2,600 stores operated by more than 600 different brand name companies. Mr. Tanger provides an insider's perspective in Board discussions about the business and strategic direction of the Company and has experience in all aspects of the Company's business.
Director, President and Chief Executive Officer
Director of the Company since July 20, 2020. President and Chief Executive Officer since January 2021. Stephen Yalof joined the Company in April 2020 as President and Chief Operating Officer before succeeding Steven B. Tanger as CEO in January 2021, bringing with him over 25 years of experience in the commercial real estate industry, with a primary focus on the retail space. He oversees the operations of the executive and senior leadership teams, emphasizing evolving the customer shopping experience.
Prior to joining the Company, he served as the Chief Executive Officer of Simon Premium Outlets of Simon Property Group, Inc. from September 2014 to April 2020, where he drove forward the expansion and development of their real estate portfolio. Steve previously served as Senior Vice President of Real Estate for Ralph Lauren Corporation and Senior Director of Real Estate for The Gap, Inc.
Steve serves as a Trustee of the International Council of Shopping Centers (ICSC), as well as on the advisory boards of HeadCount and the Center for Real Estate & Urban Analysis (CREUA) at George Washington University, his alma mater, where he earned a B.S. in Business Administration.
David B. Henry
Lead Director since January 1, 2021. Non-Executive Chair of the Board from May 17, 2019 to December 31, 2020 and Director of the Company since January 1, 2016. Mr. Henry was formerly the Vice Chairman of the Board of Directors and Chief Executive Officer of Kimco Realty Corporation ("Kimco"), a publicly-traded REIT. He served as Kimco's Chief Executive Officer from December 2009 to January 2016, Vice Chairman of the Board of Directors from April 2001 to January 2016, President from December 2008 to August 2014, and Chief Investment Officer from April 2001 to December 2009.
Prior to joining Kimco, he spent 23 years at G.E. Capital Real Estate, where he served as the Senior Vice President and Chief Investment Officer and Chairman of G.E. Capital Investment Advisors from 1997 to 2001. Mr. Henry is also the co-founder of Peaceable Street Capital, a preferred equity lender for income producing commercial real estate properties.
Mr. Henry is a former Trustee of the International Council of Shopping Centers and served as its Chairman from 2011 to 2012. Additionally, he served as the Vice Chairman of the Board of Governors of the National Association of Real Estate Investment Trusts and is a former member of the Executive Board of the Real Estate Roundtable. His other public REIT board experience includes service on the boards of Healthpeak Properties, Inc. since January 2004, VEREIT, Inc. from September 2015 to November 2021, and Columbia Property Trust, Inc. from January 2016 to December 2021. Mr. Henry is also a director of Fairfield County Bank, a private Connecticut mutual savings bank, and Starwood Real Estate Income Trust, a non-traded REIT. In addition, he serves on the real estate advisory boards of New York University, Bucknell University, Baruch College, ALTO Real Estate Funds, Orangewood Partners and Pine Tree, LLC.
Mr. Henry has over 41 years of real estate industry experience with multinational, publicly-traded companies. The Board benefits from his familiarity with the REIT industry, particularly the retail sector, as well as from his extensive executive, financial and management expertise.
Jeffrey B. Citrin
Director of the Company since July 28, 2014. Mr. Citrin is the Managing Principal of Hectad Strategic Partners, a private investment firm he founded in 2021. From 2006 to 2017, Mr. Citrin served as Managing Principal of Square Mile Capital Management LLC, a private New York-based investment firm he founded in 2006 focusing on real estate-related opportunities, and from 2017 to 2020, Mr. Citrin served as Square Mile's Vice Chairman and Senior Advisor. From 1994 to 2005, Mr. Citrin served as President of Blackacre Capital Management LLC (now known as Cerberus Institutional Real Estate), which he co-founded in 1994.
Prior to that, Mr. Citrin served as Managing Director of the Commercial Mortgage Investment Unit of Oppenheimer & Company, Inc. from 1993 to 1994. From 1991 to 1993, he was Vice President of the Distressed Real Estate Principal Group of Credit Suisse First Boston, Inc. and from 1986 to 1991, Mr. Citrin served as Vice President of the Real Estate Investment Banking Unit of Chemical Bank. He was an attorney in the real estate practices of Kelley Drye & Warren LLP and Proskauer Rose LLP from 1983 to 1986.
Since April 2018, Mr. Citrin has been a Director of Trinity Place Holdings Inc. Mr. Citrin previously served as an Independent Trustee of First Union Real Estate and Mortgage (now known as Winthrop Realty Trust) from 2001 to 2003, and currently serves on the advisory boards of the Hospital for Special Surgery in New York and the Hood Museum of Art.
Mr. Citrin has over 32 years of experience in public company and private company real estate investment during which he has structured complex real estate and financial transactions. The Board benefits from this technical experience as well as from his extensive executive, management and legal experience.
Sandeep L. Mathrani
Director of the Company since June 3, 2021. Mr. Mathrani has served as the Chief Executive Officer of WeWork Inc. since 2020, where he has executed a strategic turnaround of the company, leading to global recognition of WeWork as the top flexible real estate solution for tenants and landlords. Prior to WeWork, Mr. Mathrani served as the Chief Executive Officer of Brookfield Properties' retail group and Vice Chairman of Brookfield Properties from 2018 to 2019.
Mr. Mathrani also served as CEO of GGP Inc. for eight years, during which he recapitalized the company from bankruptcy in 2010 and led eight successful years of growth prior to the successful $9.25 billion acquisition of GGP by Brookfield Property Partners in 2018. Prior to GGP, he served as the President of Retail at Vornado Realty Trust from 2002 to 2010 and was responsible for all retail real estate activities in the United States and India. Prior to Vornado, he served as an Executive Vice President at Forest City Ratner Companies, LLC from 1994 to 2002 and was responsible for its retail development and related leasing in the New York City metropolitan area.
Mr. Mathrani has served on the Board of Directors of Dick’s Sporting Goods, Inc. since September 2020 and Bowlero Corp. since December 2021. He is also a former Chair and current Executive Board member of the National Association of Real Estate Investment Trusts, as well as a former Trustee of the International Council of Shopping Centers.
With more than three decades of professional experience and insight, as well as a proven record of success in the real estate industry, Mr. Mathrani brings dynamic value and further strengthens the talent represented on Tanger's Board.
Thomas J. Reddin
Director of the Company since July 26, 2010 and served as Non-Executive Chair of the Board from May 20, 2016 to May 17, 2019. Mr. Reddin has served as the Managing Partner and Owner of Red Dog Ventures, LLC since 2009, a venture capital and advisory firm. Previously, Mr. Reddin served as the Chief Executive Officer of Richard Petty Motorsports from 2008 to 2009, and from 2005 to 2007, he served as the Chief Executive Officer of Lending Tree.com after serving as President and Chief Operating Officer from 2000 to 2005. Mr. Reddin also held various senior leadership positions at Coca-Cola Company from 1995 to 1999, including Vice President, Consumer Marketing of Coca-Cola USA, and at Kraft Foods, Inc. from 1982 to 1995.
Mr. Reddin has served on the Board of Directors of Deluxe Corporation since February 2014 and Asbury Automotive Group since June 2014 and previously served on the Board of Directors of Premier Farnell plc from September 2010 to October 2016, Valassis Communications Inc. from July 2010 to February 2014 and R.H. Donnelley from July 2007 to January 2010.
Mr. Reddin has over 35 years of experience in consumer marketing and e-commerce, including executive and management experience. His experience in growing and building businesses and developing and marketing brand name consumer products enables him to provide invaluable insights into helping the Company elevate its brand.
Bridget M. Ryan-Berman
Director of the Company since January 1, 2009. For more than three decades, Bridget Ryan-Berman has been responsible for business development, consumer strategies and retail operations at leading global fashion and luxury goods companies. She has served in various executive leadership capacities, including Chief Experience and Strategy Officer for Enjoy Technology and Chief Executive Officer at Victoria’s Secret Direct. Ms. Ryan-Berman founded Ryan-Berman Advisory, LLC, a consumer and investment advisory firm in early 2018. During her twelve years at the Ralph Lauren Corp., Ms. Ryan-Berman was Group President responsible for Global Retail.
She was Chief Operating Officer of Apple Retail and Chief Executive Officer of Giorgio Armani Corporation. Earlier in her career, Ms. Ryan-Berman held various merchandising, product development and operational roles at The May Company, Federated and Allied Department Stores. Ms. Ryan-Berman was recently recognized as one of WomenInc. Magazine’s 2018 and 2019 Most Influential Corporate Directors. She currently serves on the boards of Asbury Automotive Group, Newell Brands, Tanger Factory Outlet Centers and Tegra Global, a division of Apollo Global Management. Ms. Ryan-Berman was previously on the boards of J. Crew Group and BH Cosmetics.
As a graduate of Virginia Tech, Ms. Ryan-Berman is the current chair of the Dean's Cabinet of the Advisory Council for the Pamplin College of Business. She serves on the University’s Alumni Association Board and was previously on the University's Foundation Board. Ms. Ryan-Berman is also a trustee at the Benedictine Schools of Richmond. She was a co-founder of Miraclefeet, a non-profit organization providing solutions and support to children for the treatment of clubfoot in developing countries.
Susan E. Skerritt
Director of the Company since July 30, 2018. Ms. Skerritt is a Senior Advisor for Boston Consulting Group, a global consulting firm partnering with leaders in business and society. Ms. Skerritt previously served as a Senior Advisor to Promontory Financial Group, a financial service company and wholly owned subsidiary of IBM, guiding clients on regulatory and risk management measures, from 2018 to 2021. From 2016 to 2018, she served as Chairwoman, Chief Executive Officer and President of Deutsche Bank Trust Company Americas, Deutsche Bank's U.S. commercial banking entity. Beginning in 2013, she led the transaction banking businesses in North and South America, and also led the global correspondent banking business. Ms. Skerritt also spent seven years at Bank of New York Mellon Trust Company, NA, serving as an Executive member of the Board of Directors and as an Executive Vice President, co-leading the acquisition and integration of the JPMorgan Corporate Trust business.
Earlier in her career she held various leadership roles at companies including Morgan Stanley, Treasury Strategies, Inc., Ernst & Young and Manufacturers Hanover Trust Company.
Ms. Skerritt was recently recognized as one of WomenInc. Magazine’s 2019 Most Influential Corporate Directors. Ms. Skerritt has served on the Board of Directors of Community Bank System, Inc. since November 2020, IG Group Holdings plc since July 2021 and VEREIT, Inc. from February 2021 to November 2021. Ms. Skerritt also serves on the Board of Directors of the Falcon Group, a private inventory management solutions business, and previously served on the Board of Directors of Royal Bank of Canada USA, the private intermediate holding company for Royal Bank of Canada's U.S. operations. She also serves on the Board of Trustees of Hamilton College and The Brooklyn Hospital Center.
With a 38-year financial career as a demonstrated leader with deep expertise in global financial markets, regulatory compliance and risk management, Ms. Skerritt brings valuable perspective to Tanger's Board.
Luis A. Ubiñas
Director of the Company since July 29, 2019. Since 2014, Mr. Ubiñas has served on the Board of Trustees of the Pan American Development Foundation, which invests nearly $100 million annually in sustainable development projects in Latin America and the Caribbean. From 2008 to 2013, he was President of the Ford Foundation, then the second-largest foundation in the United States, where he led a broad-based restructuring of the organization, including a strategic resetting of its programs, reinvestment of over 80% of the endowment, and a rebuilding of facilities and systems. Previously, Mr. Ubiñas spent 18 years at McKinsey & Company where, as a Senior Partner, he led the firm's media practice during the transition from analog to digital and omnichannel platforms.
Mr. Ubiñas has served on the Board of Directors of Electronic Arts Inc. since September 2010 and AT&T Inc. since June 2021, and previously, he was a director at Boston Private Financial Holdings, Inc. and FirstMark Horizon Acquisition Corporation. Additionally, he has served on the Board of Trustees of Mercer Funds, a registered management investment company, since October 2019. Mr. Ubiñas is also a board member and chair of the finance committee of the New York Public Library, Chair of the Statue of Liberty-Ellis Island Foundation and is a member of the Advisory Board of the United Nations Fund of International Partnerships.
As a demonstrated leader with deep expertise in helping companies adopt successful strategies during periods of transformation, Mr. Ubiñas brings valuable perspective to Tanger's Board.