Our Team

At Caruso, we strive to be best in class at everything we do. Behind our properties stands a dedicated and accomplished team of the industry’s brightest visionaries who share a strong vision and passion for creating and operating beloved spaces.

Founder and CEO

Rick Caruso

Recognized as a leading business innovator, civic leader and philanthropist, Rick J. Caruso is the founder and Chief Executive Officer of Caruso®, one of the largest and most admired privately held real estate companies in the United States.

Under Caruso’s leadership, the company has seen a compounded annual growth rate of nearly 20% since inception, with its world-class portfolio expanding to include more than a dozen internationally renowned, award-winning retail, residential, mixed-use and hotel properties. As cited by Green Street Advisors, Caruso® properties consistently outperform traditional shopping destinations based on sales per square foot and productivity, including The Grove, which ranks #2 on Fortune’s 10 highest sales-generating shopping centers in the country. Additionally, Caruso® is the only development company to have two of its properties featured on Shopping Center Today's list of top 15 shopping centers around the world, based on sales per square foot, which is 75% above the industry norm.

Caruso started his career as a real-estate lawyer in the corporate finance department of one of the nation’s largest law firms. Thereafter, he pursed his lifelong passion for development and transitioned from law in 1987 to establish Caruso Affiliated Holdings. Eschewing the traditional “shopping mall” approach to retail, he revolutionized the industry with peerlessly imaginative retail and mixed-use destinations that serve as timeless and beloved centers of town.

At the heart of Caruso’s award-winning development approach is a unique understanding of civic responsibility and fierce loyalty to surrounding communities—the result of decades of hands-on experience with public service. Early in his career, he served as the youngest Commissioner in the city’s history when Mayor Tom Bradley appointed him Commissioner for the L.A. Department of Water and Power. Following this success, Mayor James Hahn selected him as President of the L.A. Police Commission, where he recruited William Bratton as Chief of Police, and together they reduced crime to historic low levels.

However, it is Caruso’s deeply held personal philosophy and philanthropic commitment to giving back that has solidified his reputation as a compassionate member of the community. In 1991 he founded the Caruso Family Foundation, dedicated to supporting organizations that improve the lives of at-risk children in Los Angeles, with a special focus on healthcare and education. He endowed the USC Caruso Catholic Center as well as the Caruso Department of Otolaryngology at the Keck School of Medicine of USC. Among the many other nonprofit organizations that he supports, Caruso is actively involved with Operation Progress, Para Los Niños, St. Lawrence of Brindisi School and Verbum Dei High School, all located in Watts.

Caruso, who was named a “retail mastermind” by The Wall Street Journal, has received numerous awards and honors, including "Developer of the Year" and “2016 L.A. Icon” by the Los Angeles Business Journal. Additionally, he was honored with the "True Blue" award from the Los Angeles Police Foundation, recognizing him as a leader dedicated to positive change through philanthropic, business and civic leadership. Most recently, Caruso was honored by Pope Francis with the rank of Commander in the Order of St. Gregory the Great for his service and generosity to so many in need.

Caruso serves on the Board of Trustees and Executive Committee of the University of Southern California, and is the Chair of the Board of Loyola High School. He also serves on the Board of Councilors of Pepperdine School of Law, and is on the Boards for The Irvine Company, St. John’s Hospital, and the Ronald Regan Presidential Library Foundation.

He earned a Bachelor of Science degree with honors from the University of Southern California Marshall School of Business and a Juris Doctorate as a Margaret Martin Block Scholar from Pepperdine School of Law.

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Executive Team

David Liston

Chief Financial Officer

David Liston joined Caruso in 1996 as the company’s first Chief Financial Officer, and has overseen the company’s subsequent 40x growth rate. In his role, Liston oversees the company’s finance and accounting organization, corporate planning, corporate treasury, tax planning and compliance, employment-related insurance and information technology.

Prior to joining Caruso, Liston was a tax partner for 15 years in the Los Angeles office of KPMG. During his tenure there, he represented an impressive roster of clients that included numerous publicly traded companies, real estate ventures and high net worth individuals, with a focus on initial public offerings, representation before the IRS, and private letter rulings from the IRS National Office.

Liston is a valued member of the Dean’s Advisory Board at California State University, Northridge, where he is a charter member of the Real Estate Group. Due to his vast knowledge and experience, he is a frequent speaker at CSUN, and has guest lectured for numerous organizations and institutions including USC, UCLA and the California Society of CPAs.

Additionally, Liston has served in a number of leadership roles for various philanthropic organizations including The United Way, The Simi Valley Cultural Arts Center, San Fernando Valley Interfaith Council, Meals on Wheels and other charitable causes.

Liston completed his Bachelor’s Degree in business administration at California State University, Northridge with a concentration in accounting.

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Kelly Masuda

Chief Investment Officer

As Chief Investment Officer, Kelly Masuda is responsible for all investment matters, including designing and implementing strategies for the company’s broadly diversified portfolio of equities, fixed income and alternatives, and managing all aspects of its property-level and corporate-level financings, including construction loans, permanent financings and revolving credit facilities. Masuda also serves as Chairman of the Investment Committee, which reviews all acquisition and development opportunities, and leads the company’s strategic planning process.

Prior to joining Caruso, Masuda was Senior Vice President, Treasurer at KB Home, one of the largest homebuilders in the United States. For seven years, he was responsible for corporate-wide banking and financing activities, including bank facilities, capital market transactions and project financings in addition to managing investor relations activities. Prior to KB Home, Masuda spent nearly a decade in the investment banking industry with Donaldson, Lufkin & Jenrette Securities Corporation and Credit Suisse First Boston Corporation, where he focused on mergers and acquisitions, and corporate finance activities in the real estate, gaming and lodging industries.

Masada serves on the Board of Trustees of the Children’s Bureau of Southern California, a nonprofit organization dedicated to the prevention of child abuse. He received a Bachelor of Arts Degree with high honors in neurobiology from the University of California, Berkeley, and an MBA with honors from Columbia University’s Graduate School of Business.

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Jackie Levy

Executive Vice President, Operations

As Executive Vice President of Operations, Jackie Levy is responsible for the operations and financial performance of the company’s multi-billion-dollar portfolio of award-winning properties. Under Levy’s leadership, Caruso’s operating portfolio has achieved approximately 20% cumulative NOI growth year over year.

Levy began his career in the shopping center industry as a marketing coordinator for Westfield West Covina and was later promoted to marketing director for Westfield Fox Hills and Century City properties.

Following a successful five years with Westfield, Levy joined Caruso serving as the General Manager of The Grove and The Americana at Brand. He later served as Vice President of Operations and Senior Vice President of Operations before assuming his current role as Executive Vice President of Operations in June 2013. With Levy’s oversight, The Grove and The Americana at Brand have achieved the distinction of being ranked amongst the top ten highest sales-performing shopping centers in the world, while 8500 Burton Way has realized record rents in the Los Angeles market. Levy also was integral in expanding the company’s asset base to include class-A innovative office space, reimagining the office experience for its Fortune 300 tenant, CBRE.

Levy graduated top of his class from San Diego State University in 2001 with a Bachelor of Arts degree in communications.

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Corinne Verdery

Executive Vice President, Development

As Executive Vice President, Development, Corinne Verdery oversees Caruso’s entitlements, community relations, design and construction, focusing on doubling the size of the company and its offerings in Southern California.

Verdery joins Caruso from NBCUniversal, where she was most recently the Chief Real Estate Development Officer. In that position, she was responsible for overseeing the 25-year $1.6 billion NBCUniversal Evolution Plan, a vital component to the company’s overall long-term success. Prior to that role, Verdery held various executive positions within the company for well over a decade, including VP of Real Estate, where she planned and built projects—ranging from hotels to theme parks—in major cities worldwide.

Verdery was also SVP of Oasis West Realty, where she successfully spearheaded the development and entitlement process of The Beverly Hilton and a new five-star Waldorf Astoria Hotel in Beverly Hills, which included the passage of a citywide ballot, and involved 19 public hearings and a voter referendum.

She graduated cum laude from USC School of Architecture and magna cum laude from Pepperdine University Graziadio School business.

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Joel Moskowitz

Executive Vice President, General Counsel

As Executive Vice President and General Counsel, Joel Moskowitz heads the Caruso legal department, both advising the company directly and supervising outside counsel. He has been a valued member of Caruso since 2008.

Moskowitz has led a prolific career in law for more than 40 years. Before founding his own firm in 1996, he was a partner at Gibson, Dunn & Crutcher, where he represented clients in cost recovery and other environmental litigation.

Prior to that role, he served as a deputy attorney general for the state of California, and was appointed by California’s governor to head the state’s Toxic Substances Control Programs, running its hazardous waste regulatory and cleanup programs, consisting of more than 400 employees and a budget over $75 million. Moskowitz also has argued before the United States Supreme Court, the appellate courts of several federal circuits and the California Supreme Court.

A respected authority across many disciplines, Moskowitz has penned numerous books and scholarly articles on investing and environmental liabilities in real estate transactions, and has served on the editorial boards of several professional publications.

Moskowitz graduated Phi Beta Kappa from the University of California, Los Angeles, and earned his Juris Doctorate degree at the University of California, Los Angeles Law School.

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Thomas Veje

Executive Vice President, Construction

Thomas Veje is responsible for the direct oversight and coordination of all construction department-related activities for Caruso. From inception to closeout, Veje prepares and distributes all project-related budgets and schedules, while issuing and managing all contracts related to construction management, design, and engineering production drawings. Other key responsibilities include supervision of tenant coordination, engineering, cost control, schedule adherence and quality assurance.

Known throughout the industry as a strong team leader, Veje is a results-driven manager and savvy builder of projects. All of the projects that Veje has been responsible for have won numerous prestigious design and construction awards including ICSC Global Best of the Best, ULI Global Award for Excellence, and ENR Best Project.

His impressive resume includes all construction types and uses, ranging from Type I high-rise commercial and Type II & III retail to Type V residential. Under his guidance, the team has consistently executed the Caruso promise to deliver the highest-quality product to customers through an acute attention to detail, adherence to budgets and strict enforcement of final delivery timelines, delivering sustainable and operationally outstanding projects.

Due to his vast wealth of knowledge and myriad accolades, Veje has been a speaker at the USC Viterbi School of Engineering as well as the ICSC CenterBuild Conference. He graduated from Cal Poly with a degree in civil engineering.

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Dave Williams

Executive Vice President, Architecture

Dave Williams has been the principal force in designing and creating the unique ambience and close attention to high-quality detail that has become synonymous with Caruso properties. His signature "Caruso-style" designs have garnered national acclaim as being the country’s most innovative and successful across many project types including retail, mixed-use, Class-A innovative office, residential and hospitality.

Under Williams’ direction, several of Caruso’s properties, including The Grove, The Americana at Brand, The Commons at Calabasas and The Promenade at Westlake, have been awarded the industry’s highest honors, such as Gold Nugget Awards, ICSC’s International Design and Development Awards, and the Urban Land Institute’s Award for Excellence.

Williams has assembled and led a renowned team of highly talented designers, firms and artisans for all aspects of Caruso developments. He has a proven ability to achieve excellence through great vision, intelligent decision-making, remarkable attention to detail, and an unparalleled commitment to the guest experience and the surrounding communities.

A registered architect, Williams holds a bachelor’s degree in architecture from The Ohio State University. He has nearly 30 years of experience in urban, resort, residential and retail/entertainment design and planning.

Respected throughout the industry for his wealth of experience and expertise, Williams has been a panelist and speaker at the USC Lusk Center for Real Estate, the Urban Land Institute, the International Council of Shopping Centers, The Ohio State University School of Architecture and many more high-profile speaking engagements.

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Kloe Colacarro

Head of Leasing

Head of Leasing for Caruso since 2014, Kloe Colacarro is constantly reinventing the tenant mix to ensure success across the Caruso portfolio. A testament to Colacarro’s discerning eye and astute understanding of consumer behavior, Caruso guests come three times more often, stay twice as long and spend twice as much as they do at traditional shopping centers.

Colacarro started at the company eight years ago and has since excelled her way through a variety of senior roles including General Manager of The Grove. Her passion for merchandising, fashion and innovative business strategy has led her to her current role of Head of Leasing.

In this role, Colacarro has worked with several cutting-edge brands, many that would not traditionally be found in a shopping center, such as Shinola, Elizabeth and James, Under Armour, Schott NYC, and Ladurée. She is respected throughout the industry for her keen ability to execute first-to-market and first-to-brick-and-mortar deals and is responsible for creating The Grove’s highly renowned and successful pop-up program, which has transformed the property into a mecca for the newest fashion-forward brands.

Colacarro is a graduate of the University of Southern California and holds degrees in political science and business law.

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Ben Howell

General Counsel

Ben Howell oversees Caruso’s legal affairs with an emphasis on the company’s business and real estate transactions. Howell represents Caruso, and supervises its outside counsel in the company’s acquisition, development and financing transactions. Since joining the company, Howell has led Caruso’s legal team in closing over $1 billion in financing transactions, from real-estate-secured permanent and construction loans to the company’s corporate credit facility. Howell also provides legal advice to all of the company’s business units, and collaborates with in-house and outside counsel on litigation and land-use matters.

Prior to joining Caruso, Howell was an attorney at Munger, Tolles & Olson, LLP, consistently ranked as one of the top-ten law firms in the nation by American Lawyer magazine’s “A-List.” Howell’s private practice focused on real estate and corporate transactions for a wide range of clients—from representing private-equity funds in the formation of targeted real estate investment platforms to advising a publicly traded hotel and casino company in connection with a multi-billion-dollar joint-venture development in Las Vegas.

Howell graduated from the UC Berkeley School of Law (Boalt Hall) where he was named Order of the Coif (top 10% of graduating class), and was a member of the Law Review. After law school Howell served as a law clerk to Hon. Harold Baer, Jr., managing one-half of the docket of a judge in the Southern District of New York, the largest and highest-profile federal trial court in the country. Prior to attending law school Howell graduated from Stanford University, where he received a Bachelor’s Degree with honors in Modern Thought and Literature.

Howell is a member of the Executive Committee of the Los Angeles County Bar Association’s Real Property Section, and is on the board of the Los Angeles Neighborhood Land Trust, where he has been instrumental in facilitating transactions to redevelop unused and underutilized sites into neighborhood-serving community parks and gardens.

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Emily Winkle

Executive Vice President, Human Resources

As Executive Vice President, Human Resources, Emily Winkle oversees all human resources functions on behalf of Caruso, including talent acquisition, talent management, employee engagement, compensation and benefits, and company culture. Winkle is responsible for creating a Caruso employee experience as unparalleled as our guest experience, thereby attracting and retaining best-in-class professionals who drive growth for the business.

Winkle comes to Caruso from TrueCar, where she served as Senior Vice President of People. While there, she was responsible for developing a comprehensive people strategy to support the growth of the company, for introducing a contemporary approach to performance management, for designing competitive compensation and benefit programs, and for shepherding employee engagement and culture during a period of major transition and turnaround for the business.

Prior to TrueCar, Winkle was Vice President of People & Organizational Effectiveness for Activision Blizzard, and before that, she held a variety of HR leadership roles at Caesars Entertainment.

Winkle has received multiple awards, including HR Executive magazine’s 2011 HR’s Rising Star Award, as well as Southern Nevada National Association of Women Business Owners 2010 Women of Distinction – Rising Star Award. She has been a featured speaker on wellness initiatives and employee benefits at Conference Board’s Employee Health Care Conference. Additionally, while employed at Caesars, Winkle served as Chairperson for Business Roundtable’s Health & Retirement Coordinating Committee, where she testified in front of members of the U.S. Department of Health & Human Services and the Congressional Budget Office on health and wellness innovation in employer-sponsored health care.

Winkle began her career as consultant at Bain & Company. She holds both a Bachelor of Arts degree in economics and an MBA from Stanford University.

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Senior Vice Presidents

David J. Antisdale

Senior Vice President, Strategic Alliances and Entertainment

Chris Baccus

Senior Vice President, Digital Marketing and Social Media

Melissa Cabot

Senior Vice President, Marketing

Rick Gehringer

Senior Vice President, Information Technology

Peter Hayden

Senior Vice President, Engineering

Brenda Heck

Senior Vice President, Security

Liz Jaeger

Senior Vice President, Public Relations

Robert Johnson

Senior Vice President and Controller

Rick Lemmo

Senior Vice President, Community Relations

Steven Martin

Senior Vice President, and Department Head, Strategic Alliances and Entertainment

Bret Nielsen

Senior Vice President, Leasing and Asset Management

Bryce Ross

Senior Vice President, Acquisitions and Development

Sidney Shibata

Senior Vice President, Financial Reporting

Mark Wix

Senior Vice President, Construction

Vice Presidents

Vincent Burneikis

Vice President, Learning, Development, and Hospitality

Bill Cluverius

Vice President, Strategic Alliances and Entertainment

Brian Colacarro

Vice President, Operations

Ken Greenberg

Vice President, Tenant Services

Samuel Garrison

Vice President, Development and Strategic Initiatives

Michael Gazzano

Vice President, Development

Jonathan Husby

Vice President, Restaurant Operations

Saam Khosravi

Vice President, Finance and Investments

Behrooz Kooklan

Vice President, Architecture

Duke La

Vice President, Accounting

Nichole La May

Vice President, Human Resources and Office Operations

Betty Lok

Vice President, Tax

Stewart Moore

Vice President, Residential Operations

Doris Nesheiwat

Vice President, Specialty Leasing and Filming

Carol Pacheco

Vice President, Technology

Bill Reich

Vice President, Corporate and Client Affairs

Kevin Yee

Vice President, Acquisitions, Development and Finance