HERBERT GLIMCHER has been a trustee of the Company since its inception in September 1993 and served as Chief Executive Officer of the Company from 1997 to 2005. He served as Chairman of the Board of Trustees from September 1993 until September 2007. Mr. Glimcher is currently Chairman Emeritus of the Board of Trustees. He served as President of the Company from March 1998 until the appointment of Michael P. Glimcher as President in December 1999. Mr. Glimcher served as Senior Advisor to the Company from February 2005 until May 2007. He has served as Chairman of the Board of The Glimcher Company ("TGC") since its inception in 1959.
Mr. Glimcher is a nationally recognized innovator in the field of shopping center development, having been instrumental in the management, acquisition and development of over 100 shopping centers during a real estate career spanning more than 40 years. Mr. Glimcher is active in several charitable and community organizations. He is also a member of ICSC and NAREIT. Mr. Glimcher serves on the Strategic Planning Committee of the Board of Trustees.