David Filippone Email & Phone Number

Retired in December 2004 -As Senior General Manager of Neshaminy Mall, Bensalem, PA. a million sq, ft. mall, primary focus was to increase the value of the Center by increasing its Net Operating Income. Duties included: 1.) Manage the shopping center facility, to include: a.) Administer leases and reciprocal easement agreements. b.) Maintain the common area; 2004 CAM Budget: $4 million. c.) Secure the common area. d.) Collect rentals (2004 Rental Inc: $9 million), and recovery charges: $4 million. e.) Prepare various reports requested by corporate office. Manage and implement Capital Budget: 2004 $2 million 2.) Prepare the annual center budget. Duties include: a.) Forecast the annual income and expenses for the center on monthly basis using a rolling 24 format. b.) Expense control. c.) Approve disbursements in accordance with approved annual budget. d.) Maximize the income generated by the center. 2004 Net Operating Income: $10 million. 3.) Participate in the team leasing efforts of the center. Duties include: a.) Lease space to specialty/ temporary retailers, 2004 Temp. Inc: $2.3 million. b.) Coordinate the overall leasing effort with the corporate leasing representatives to establish quality tenant mix. c.) Negotiate and administer lease amendments.4.) Manage center personnel. Duties include: a.) Supervise and direct center Marketing Manager, whose budget was $465,000. b.) Supervise and direct the Operating Manager in the operation of center maintenance, and mechanical systems. c.) Hire and train support personnel as necessary. d.) Supervise independent contractors when such services have been engaged.5.) Maintain continued dialogue with Joint Venture partners.6.) Perform other duties as assigned, including fostering good working relations with local mayor and township officials. Served as a member of the Bucks County Transportation Management Association.

As Regional Manager at Neshaminy Mall duties included:1.) During the last five years duties were expanded to include most of the above, but with added responsibility for 6 local strip centers and 1 office building in Northern N.J. as well as Neshaminy Mall.2.) Manage the shopping center facility, to include: Most of the duties described above, but with less emphasis on leasing and personnel functions. The company was organized with core functions done at the corporate headquarters level.3.) Special project in addition: 1988-89 Project Manager for the new food court. Responsible for preparation of the project pro forma, and $2 million budget, and construction fund drawing requests by contractors, conducted project meetings, and ultimate completion of project under budget.4.) 1985-87 Project Manager for 3 phase mall renovation. Responsible for $3 million budget, coordination of construction activity and negotiations with subcontractors.

General Manager, Neshaminy Mall, Bensalem, PA.Manage the shopping center facility, to include: Many of the duties described above, but with less emphasis on leasing, personnel and marketing functions. The company was organized with core functions done at the corporate headquarters level.

Decorated with Bronze Star, and Vietnam Service Medal. Honorably discharged. Left University during the Vietnam War to Enlist in the US Army. While serving accepted into Officers Candidate School, Fort Eustis VA, graduated May 18, 1967 [TOCS class #504, 11-67]. Served a year in Vietnam as a First Lieutenant, with 29th General Support Group, [Headquarters].