{"id":1004131413,"date":"2015-11-13T09:17:31","date_gmt":"2015-11-13T17:17:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004131413"},"modified":"2022-12-04T02:04:39","modified_gmt":"2022-12-04T10:04:39","slug":"regency-centers-reorganizes-at-the-top","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/regency-centers-reorganizes-at-the-top\/","title":{"rendered":"Regency Centers Reorganizes at the Top"},"content":{"rendered":"
\"Martin<\/a>

Martin E. ‘Hap’ Stein Jr.<\/p><\/div>\n

By Barbra Murray, Contributing Editor<\/em><\/p>\n

Regency Centers Corp. can scratch succession planning off its immediate to-do list. The shopping center REIT has announced a reorganization of its senior executive management team, as Brian M. Smith, president and chief operating officer, prepares to retire at year\u2019s end.<\/p>\n

The company is keeping it all in the family. Simply put, Martin E. “Hap” Stein Jr., chairman & CEO of Regency, told Commercial Property Executive<\/em>, \u201cWe are fortunate to have a deep bench of talent at Regency.\u201d<\/p>\n

Lisa Palmer, chief financial officer since January 2013 and a member of the company since 1996, will add the job of president to her duties, taking on the responsibility of spearheading acquisitions and dispositions. \u201cLisa\u2019s nearly 20 years with the company and extensive real estate expertise make her an ideal candidate to assume the role of president,\u201d Stein said. \u201cShe has proven herself an accomplished and capable leader, as is evidenced by her strong performance in a number of key roles.\u201d<\/p>\n

Two other executives will take on new duties. Jim Thompson, who came aboard more than 30 years ago, will move up from the position of managing director for the eastern United States\u00a0to executive vice president of operations. Regency also promoted Dan M. \u201cMac\u201d Chandler III, managing director for the western United States, to executive vice president of development. Chandler\u2019s history with Regency goes back to 1997 when he joined a predecessor company. \u201cNo one knows shopping center operations better than Jim, and Mac is one of the most talented developers in the industry,\u201d Stein added. \u201cThey\u00a0are all seasoned real estate professionals and the Company has tremendous confidence in their leadership.\u201d<\/p>\n

Smith will continue to work with Regency as a consultant for 12 months to help facilitate a smooth transition.<\/p>\n

The changes at the top will become effective January 1, 2016; however, there\u2019s much at Regency that will remain the same. “We will continue to execute on our strategy to enhance shareholder value as we solidify our position as the nation\u2019s preeminent owner, operator and developer of high-quality, grocery-anchored neighborhood and community shopping centers,\u201d said Stein. \u201cThese appointments will help ensure that we are well-positioned to help us realize the bright future ahead.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The company is keeping it all in the family.<\/p>\n","protected":false},"author":443,"featured_media":1004131415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,21742,21744,21749],"tags":[],"class_list":["post-1004131413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-latest","category-people","category-retail"],"acf":[],"yoast_head":"\nRegency Centers Reorganizes at the Top - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/regency-centers-reorganizes-at-the-top\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Regency Centers Reorganizes at the Top\" \/>\n<meta property=\"og:description\" content=\"The company is keeping it all in the family.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/regency-centers-reorganizes-at-the-top\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-13T17:17:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-04T10:04:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Martin-E.-Hap-Stein-Jr.-Regency-Centers.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1800\" \/>\n\t<meta property=\"og:image:height\" content=\"1800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jessica Fiur\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/regency-centers-reorganizes-at-the-top\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/regency-centers-reorganizes-at-the-top\/\",\"name\":\"Regency Centers Reorganizes at the Top - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/regency-centers-reorganizes-at-the-top\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/regency-centers-reorganizes-at-the-top\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Martin-E.-Hap-Stein-Jr.-Regency-Centers.jpg\",\"datePublished\":\"2015-11-13T17:17:31+00:00\",\"dateModified\":\"2022-12-04T10:04:39+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/0bf67d338f2b97c9e1194fabf816e9c3\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/regency-centers-reorganizes-at-the-top\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/regency-centers-reorganizes-at-the-top\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/regency-centers-reorganizes-at-the-top\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Martin-E.-Hap-Stein-Jr.-Regency-Centers.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Martin-E.-Hap-Stein-Jr.-Regency-Centers.jpg\",\"width\":1800,\"height\":1800,\"caption\":\"Martin E. 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