Federal Realty Investment Trust added Mark S. Ordan to its Board of Trustees as an independent director. Most recently, Ordan served as chairman and CEO of Quality Care Properties Inc. until its sale to Welltower Inc. and ProMedica Health System last year.
“Mark is an accomplished executive with extensive experience in so many of the facets of Federal Realty’s business” said Joseph Vassalluzzo, Non-Executive Chairman of the Board of Federal Realty. “From the grocery business, to a wide variety of retail experiences, to publicly traded real estate, to strategic planning, not to mention his historical knowledge of Federal Realty itself, Mark brings a unique and holistic perspective to Federal’s Board of Trustees”.
Following undergraduate studies at Vassar College and an MBA from Harvard Business School, Mr. Ordan began his career at Goldman Sachs before founding Fresh Fields Market which he ultimately merged with Whole Foods Market in 1996. What followed over the next 20 plus years were roles as chief executive at enterprises including Balducci’s, a gourmet supermarket chain; The Mills Corporation, a publicly traded retail real estate company; Sunrise Senior Living, Inc., a publicly traded owner/developer of senior living communities; and Washington Prime Group, a publicly traded mall REIT, before stewarding Quality Care Properties.
Ordan serves on the boards of The Chesapeake Bay Foundation, Holton Arms School, Vassar College, and the U.S. Chamber of Commerce and previously served on the board of Federal Realty Investment Trust from 1995 through 2005. He is a recipient of the Hitchcock Humanitarian Award from the Cystic Fibrosis Foundation and is an inductee of the Washington D.C. business hall of fame.