Art House Executive Director, Meredith Burns, is receiving a leadership award from NJCU in June of 2019. She decided now would be a good time to learn more about leadership from some of the leaders and executives we all admire. Listen to Executive Time and discover what leading executives really do with their time. Learn along with Meredith as she uses this experience to educate herself one podcast interview at a time.
The first episode is with Mike DeMarco, CEO of Mack-Cali Realty. In some ways Mike has the classic American dream story. Listen to him speak about his humble beginnings growing up in Jersey City, the struggles he experienced in school, and what finally clicked for him once he began to focus. See Mike's full bio below. He's an impressive dude.
Michael J. DeMarco has served as chief executive officer of the Company since the summer of 2015 and has been a member of the board since March of 2018. Mr. DeMarco is a veteran real estate investment professional with more than 30 years of industry experience. Mr. DeMarco is responsible for the strategic direction of the Company.
Prior to joining the Company, Mr. DeMarco was most recently the chief investment officer of CCRE, a non-bank finance company and one the largest originators of CMBS. Mr. DeMarco was also an executive vice president with Vornado Realty Trust. Prior to that Mr. DeMarco was a partner at Fortress Investment, overseeing a number of real estate operating companies that Fortress acquired. Additionally, he was a senior managing director with Lehman Brothers in the company’s real estate investment banking unit specializing in mergers and acquisitions, structured finance, and initial public offerings.
His current professional affiliations include being on the board of Saint Peter’s Preparatory School, as well as a member of The International Council of Shopping Centers (ICSC), the Jersey City Medical Center Board of Trustees, and a managing trustee of Liberty Science Center. Mr. DeMarco is a certified public accountant. He received a Bachelor of Business Administration in Accounting and a minor in History from Pace University, as well as a Master of Business Administration in Finance from the University of Chicago.