DDR appoints David J. Oakes CEO

Beachwood, Ohio -- DDR Corp announced that David J. Oakes has been named the company’s new CEO, effectively immediately. Oakes has been DDR’s president and CFO since January 2013, and was senior executive VP and CFO for the three years prior. He succeeds Daniel Hurwitz, who stepped down December 31 by mutual agreement.



"After a thorough and robust search process, the board is confident that David is the right person to lead DDR into the future," said chairman Terry Ahern.