Financial Services >> CEO Interviews >> July 22, 2002
RONALD RUBIN, Chairman and CEO of Pennsylvania Real Estate Investment
Trust, joined his father's real estate firm in 1953. Over the years, he
has guided the company's growth to major development in office
buildings, retail centers and regional malls along the East Coast. With
the acquisition at the end of 1996 of the management contracts for 26
retail properties in Chicago-based Sam Zell's portfolio, The Rubin
Organization, Inc., became one of the largest full service real estate
companies in the country. On September 29, 1997, The Rubin Organization,
Inc., was acquired by the Pennsylvania Real Estate Investment Trust and
Mr. Rubin became the CEO. On October 18, 2001, he also became Chairman
of the Board. Mr. Rubin makes contributions to community affairs in the
Philadelphia area through board membership and leadership in cooperative
public/private sector initiatives for a better Philadelphia. In the
early 1990s, Mr. Rubin spearheaded the development of the highly
successful Center City District funded by local businesses and residents
to assure a cleaner, safer downtown in Philadelphia, for which he served
as Chairman. He is also a Trustee of the ICSC (International Council of
Shopping Centers). He is past Chairman of the Greater Philadelphia
Chamber of Commerce and has served or is on the boards of the Franklin
Institute, The Philadelphia Orchestra, Albert Einstein Medical Center,
Tel Aviv University, American Friends of the Hebrew University,
Continental Bank and Midlantic Banc (now PNC), PECO Energy Corporation
(now Exelon Corp.), University of the Arts, the United Jewish Appeal and
the Regional Performing Arts Center. Profile
Estate Investment Trust and a picture of things as they are at the
present time?
Mr. Rubin: Pennsylvania Real Estate
