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William H. Schafer was appointed Executive Vice President and Chief Financial Officer in October 2005. Mr. Schafer had been Senior Vice President and Chief Financial Officer of Developers Diversified Realty since May 1999 and Vice President and Chief Financial Officer of Developers Diversified since the Company's IPO in 1993. Mr. Schafer joined the Company's predecessor entities as Chief Financial Officer in April 1992. Prior to his joining Developers Diversified Mr. Schafer held various positions with the Cleveland office of Price Waterhouse LLP beginning in 1983 and serving as a Senior Manager from July 1990 until he joined Developers Diversified. Mr. Schafer graduated from the University of Michigan in Ann Arbor with a Bachelor of Arts degree in business administration. Mr. Schafer is a member of the International Council of Shopping Centers (ICSC) and is a member of the Board of The Gathering Place.
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