Raymond K. Gruendel

Vice President, Asset Management

Ray joined Western Development Corporation after a nearly 20 year long career with The Mills Corporation where he was Senior Vice President for Operations with responsibility for the daily operations of a portfolio of over 40 domestic and international shopping centers.  In this capacity he supervised 4 Regional Vice Presidents and was responsible for all aspects of Net Operating Income.  This included annual budget preparation and reforecasts, capital expenditure planning, accounts receivable collection, acquisition due diligence and portfolio integration as well as Grand Opening management preparation for development projects.

Prior to The Mills Corporation, he held various merchandising and management positions with such retailers as: Bloomingdale’s, the Macy organization, and Woodward&Lothrop.