Richard Baker

Richard A. Baker is an experienced executive and established visionary with a reputation for capitalizing on opportunities that lie at the intersection of retail and real estate. Mr. Baker currently serves as Governor, Executive Chairman and CEO of HBC and Executive Chairman of Saks. Mr. Baker has been the Company’s Governor since July 2008 and serves as the Executive Chairman for each of HBC’s portfolio businesses. Mr. Baker is an owner of National Realty & Development Corporation (NRDC), one of the largest real estate development companies in the United States. He owns NRDC, along with his father, Mr. Robert Baker. In addition, Mr. Baker serves as the Chairman of the Board of Directors for Retail Opportunity Investments Corporation (ROIC), a NASDAQ-listed REIT focused on acquiring retail properties on the west coast of the United States.

Mr. Baker serves or has served on several councils and advisory boards at Cornell University including: the Baker Program in Real Estate Advisory Board, the School of Hotel Administration Advisory Council, Center for Real Estate and Finance Advisory Board and Center for Real Estate and Finance Industry Fellows. Mr. Baker received his B.S. in Hotel Management from Cornell University.