S. Wolstein, Adams, Adler, Sholem
, Jacobstein, Ahern and Gidel, elect Messrs.
...Barry A. Sholem Co-Chairman and Managing Director, Donaldson, Lufkin & Jenrette, Inc.
Real Estate Capital Partners (real estate investments)
...Barry A. Sholem is currently the Co-Chairman and Managing Director of Donaldson, Lufkin & Jenrette, Inc.Real Estate Capital Partners
, a $2 billion real estate fund which invests in a broad range of real estate-related assets, which he formed in January 1995.Prior to joining Donaldson, Lufkin & Jenrette, Inc., Mr. Sholem was with Goldman, Sachs & Co. for 15 years and was head of the Real Estate Principal Investment Area for Goldman, Sachs & Co. on the West Coast.Mr. Sholem is a graduate of Brown University and Northwestern University's J.L. Kellogg Graduate School of Management.He
is currently active in the Urban Land Institute
(RCMF Council), the International Council of Shopping Centers
, the U.C. Berkeley
Real Estate Advisory Board and the Business Roundtable.
Adams, Adler, Gidel and Sholem
, determines compensation for DEVELOPERS DIVERSIFIED REALTY CORP's
executive officers and administers DEVELOPERS DIVERSIFIED REALTY CORP's
stock option and equity-based award plans.
...Adler, Hulett and Sholem, determines if and when DEVELOPERS DIVERSIFIED REALTY CORP should grant stock options and other equity-based awards to executive officers, and the terms of such awards, consistent with the policy adopted by the Board of Directors and pursuant to the terms of the Developers Diversified Realty Corporation 1992 Employees' Share Option Plan, the 1996 Developers Diversified Realty Corporation Equity-Based Award Plan and the 1998 Developers Diversified Realty Corporation Equity-Based Award Plan.
S. Wolstein, Gidel, and Sholem
, is authorized to approve the price and terms of offerings of the Company's debt and equity securities.
Ahern, Gidel and Sholem
, makes recommendations concerning the engagement of independent public accountants, reviews with the independent public accountants the audit plans and results of the audit engagement, approves professional services provided by the independent public accountants and reviews the independence of the independent public accountants.
The members of the Executive Compensation Committee
were Albert T. Adams, Dean S. Adler, Robert H. Gidel and Barry A. Sholem
...In 2001, the Committee was comprised of Dean S. Adler, Chairman of the Committee, Albert T. Adams, Robert H. Gidel and Barry A. Sholem.
Adams, Adler, Ahern, Gidel, Hulett, and Sholem
each filed one late Form 4 to report one transaction in 2000.