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Irvine Company headquarters in Newport Beach

Leadership

Irvine Company headquarters in Newport Beach

Our Leadership Team

Irvine Company Chairman Donald Bren has assembled a team of the real estate industry’s most experienced and proven executives. Each brings vast expertise and tireless dedication to the continual pursuit of excellence across the company’s wide-reaching best-in-class investment portfolio.

CHAIRMAN
SENIOR MANAGEMENT
  • Donald Bren

    Chairman
  • Ray Wirta, President of Irvine Company

    Ray Wirta

    President
  • Chip Fedalen

    Charles (Chip) Fedalen Jr.

    Group Executive VP and Chief Financial Officer
  • Marc Ley, Group Executive Vice President and Chief Investment Officer of Irvine Company

    Marc Ley

    Group Executive VP and Chief Investment Officer

Donald Bren

Chairman

Donald Bren, Chairman of the Board of Irvine Company, has been deeply involved in California real estate as a master planner, master builder, and long-term investor for 50 years.

Born in Los Angeles, Bren earned a degree in economics and business administration from the University of Washington. Following his education, he served for three years as an officer in the U.S. Marine Corps.

Bren joined the Mission Viejo Company in 1963 as president and began the master planning and master development of the 11,000-acre new community of Mission Viejo, California. In 1967, Bren sold his interest in the Mission Viejo Company to expand his statewide building and development activities, including the Irvine Ranch.

In 1977, Bren was a member of an investment group to purchase Irvine Company from the Irvine Foundation. Bren was elected Chairman of the Board in 1983 and he became the principal shareholder. In 1996, he became sole shareholder.

The historical Irvine Company dates back to 1864, and has been the master planner and master builder of the 93,000 acre Irvine Ranch since 1960.

Irvine Company’s property portfolio exceeds 120 million square feet and includes more than 550 office buildings, 40 retail centers, 125 apartment communities and one resort, two hotels, three golf courses and five marinas primarily in Orange County, California, with one-third of the investment properties in West Los Angeles, San Diego, Silicon Valley, Chicago and New York City.

Bren has led Irvine Company to set aside 57,000 acres of the original 93,000-acre Irvine Ranch as permanently protected open space and parklands. In 2006, much of this land was designated as a National Natural Landmark by the U.S. Department of the interior and the National Park Service. In 2008, it was also designated as the first California Natural Landmark by the State of California.

As an involved community entrepreneur, Bren focuses his charitable contributions on regional land preservation and conservation, as well as education, bioscience and technology research. Business week magazine has estimated that he has given more than $1.3 billion during his lifetime.

He also has made significant contributions to local K-12 public schools, and endowed 50 chairs for distinguished professors and researchers at universities and research institutions.

Bren is a member of the board of directors and a life trustee of the California Institute of Technology and the Los Angeles County Museum of Art. He is trustee emeritus of the boards of the Orange County Museum of Art and the University of California, Irvine Foundation.

In 2003, Bren was awarded the General Leonard F. Chapman Jr. Medal from the U.S. Marine Corps University Foundation.

During 2004, Bren was awarded the University of California Presidential Medal, the UC system’s highest honor in recognition of his significant leadership in higher education.

In 2016 Caltech awarded Bren the Institute’s highest honor, the Robert A. Millikan Medal.

He is a Fellow of the American Academy of Arts & Sciences.

DonaldBren.com

Ray Wirta

President

Ray Wirta is President of Irvine Company. He also serves on the company’s Office of the Chairman Management Committee that includes Chairman Donald Bren; Charles (Chip) Fedalen Jr., Chief Financial Officer and Group Executive Vice President; Doug Holte, President of Irvine Company Office Properties; and Frank Abeling, Senior Vice President, Real Estate Operations.

As President, Mr. Wirta guides all aspects of the company’s real estate activities in Orange County, Los Angeles, San Diego, Silicon Valley, Chicago and New York City, including development, marketing and management.

Irvine Company’s high-quality portfolio includes more than 550 office buildings, 40 retail centers, 125 apartment communities and one resort, two hotels, three golf courses and five marinas. He joined the company in 2005.

Previously, Mr. Wirta served for eight years as Chief Executive Officer of CB Richard Ellis and continues to serve as Director for the firm. He served for 16 years as President of The Koll Company. Before that, Mr. Wirta served as Senior Vice President of World Savings and as President of Continental Service Company (a Bank of America subsidiary).

Mr. Wirta holds a bachelor’s degree in economics from California State University, Long Beach, and earned an MBA in international management from Golden Gate University.

Charles (Chip) Fedalen Jr.

Group Executive VP and Chief Financial Officer

Charles (Chip) Fedalen Jr. is Group Executive Vice President and Chief Financial Officer of Irvine Company. In this role, he serves on the company’s Office of the Chairman Management Committee that includes Chairman Donald Bren; Ray Wirta, President of Irvine Company’s Investment Properties Group; Doug Holte, President of Irvine Company Office Properties; and Frank Abeling, Senior Vice President, Real Estate Operations.

Mr. Fedalen, who joined the company in 2014, is responsible for the Corporate Finance and Treasury functions of the company. In addition, he oversees the company’s Strategic Planning and Analysis, Legal and Insurance, Financial Services, Human Resources and Information Technology groups.

Previously, Mr. Fedalen served as Executive Vice President and Group Head for Wells Fargo Commercial Real Estate’s institutional lending platform in the United States, Canada and the United Kingdom. He also served on Wells Fargo’s Management Committee.

Mr. Fedalen is a past trustee of the Urban Land Institute. Mr. Fedalen also served as a Captain in the United States Army Reserve.

Mr. Fedalen holds a bachelor’s degree from the University of California, Los Angeles, with a double major in Scandinavian Languages and Political Science. He also attended the University of Lund in Sweden. Mr. Fedalen received his Law degree from the University of Southern California.

Marc Ley

Group Executive VP and Chief Investment Officer

Marc Ley is Group Executive Vice President and Chief Investment Officer of Irvine Company. He joined the company in 1999, initially serving as Senior Vice President of capital markets, and was promoted to Group SVP and Chief Financial Officer (CFO) in 2001.

As CFO, Mr. Ley was responsible for Irvine Company’s capital markets, corporate finance, project finance, banking, public finance, treasury and investment activities.

In 2014, Mr. Ley became Group Executive Vice President and Chief Investment Officer, leading the company’s Investment Division, which is responsible for managing the company’s investment portfolios and seeking new investment opportunities.

Prior to joining Irvine Company, Mr. Ley was employed by Pacific Life Insurance Company in Newport Beach, California, where he established its Real Estate Capital Markets division.

Mr. Ley is a member of the National Association of Real Estate Investment Trusts and has served on the advisory boards of three local nonprofit organizations.

Mr. Ley holds bachelor degrees in finance and in real estate from the University of Wisconsin, Madison and earned a master’s degree in real estate from the University of Wisconsin, Madison, where he was mentored by the late Dr. James A. Graaskamp.

DIVISION PRESIDENTS
  • Dan Hedigan

    President, Land Sales and Home Building
  • Scott Hermes

    President, Resort Properties
  • Doug Holte, President of Irvine Company Office Properties

    Doug Holte

    President, Office Properties
  • Butch Knerr

    President, Retail Properties
  • Jim Krohn

    President, Apartment Operations
  • Chris Marsh

    President, Apartment Development

Dan Hedigan

President, Land Sales and Home Building

Dan Hedigan is President of Land Sales and Home Building for Irvine Company. In this position, he oversees the design, building and sales of new homes in the master-planned villages of The Irvine Ranch in Orange County, Calif.

Mr. Hedigan is President of Irvine Pacific. Prior to that, he served as Executive Vice President of Irvine Pacific, beginning in 2011.

From 2009 to 2011, Mr. Hedigan served as Senior Vice President, Residential Land Sales for Irvine Company Community Development, an Irvine Company affiliate responsible for residential development on The Irvine Ranch. In 2003, he was named Senior Vice President of Land Sales and Management.

Mr. Hedigan joined Irvine Company in 1984 as Division Counsel for Legal Affairs and served as general counsel from 1996 to 2003.

He earned his Law degree from the University of California, Los Angeles. Mr. Hedigan also holds a master’s degree in Economics from UCLA and a bachelor’s degree in Economics and Political Science from the University of California, Irvine.

Scott Hermes

President, Resort Properties

Scott Hermes is President of Irvine Company’s Resorts division. In that role, he is responsible for the operation of the Company’s three hotel properties The Resort at Pelican Hill, Fashion Island Hotel, and Hotel Irvine as well as management of the Company’s golf and marina holdings.

Previously, Mr. Hermes served as general manager of the 450-room Westin San Diego in the city’s Gaslamp Quarter. Prior to that he spent 15 years with Starwood Hotels and Resorts in a variety of roles, including Area Managing Director for Southern California and SVP of Sales and Field Marketing for North America.

Earlier in his career, Mr. Hermes launched the business development efforts for an early hospitality buying platform called BuyEfficient, and also served as Vice President of Sales and Marketing for Sunstone Hotel Investors.

Mr. Hermes holds a bachelor’s degree in Hotel, Restaurant and Institutional Management from Rhode Island’s Bryant University.

Doug Holte

President, Office Properties

Doug Holte is President of Irvine Company Office Properties (ICOP). He also serves on the company’s Office of the Chairman Management Committee that includes Chairman Donald Bren; Ray Wirta, President of Irvine Company’s Investment Properties Group; Charles (Chip) Fedalen Jr., Chief Financial Officer and Group Executive Vice President; and Frank Abeling, Senior Vice President, Real Estate Operations.

As President of ICOP, Mr. Holte is responsible for the overall performance of Irvine Company’s portfolio of office properties in Orange County, San Diego, West Los Angeles, Silicon Valley, Chicago and New York City. He oversees portfolio growth strategy through acquisitions, design and development. He also oversees performance of the division’s nearly 50-million-square-foot operating portfolio through a fully-integrated customer-centric platform of leasing, operations, design, construction and marketing. He joined the company in 2009.

Previously, Mr. Holte served 22 years as a regional principal with the international real estate firm Hines, where he was responsible for more than 10 million square feet of office property acquisitions, development and leasing throughout the West Coast.

He sits on the Advisory Council for the USC Lusk Center for Real Estate, the Board of UCI Applied Innovation, and is on the Executive Committee of the newly-formed CEO Leadership Alliance of Orange County, and he is the former Board Chair of the Orange County Community Foundation.

Mr. Holte holds a bachelor’s degree from University of Southern California and earned an MBA from Harvard University.

Butch Knerr

President, Retail Properties

Butch Knerr is President of Retail Properties for Irvine Company. He is responsible for the group’s portfolio of 43 regional, community and neighborhood centers as well as retail space at Irvine Company’s apartment communities. The Retail Properties group operates nearly 10 million square feet of retail across California, including Fashion Island in Newport Beach, Irvine Spectrum Center in Irvine, and The Market Place in Irvine and Tustin, Calif. He joined the company in 2017.

Mr. Knerr served as Executive Vice President and Chief Operating Officer of Washington Prime Group from September 2014 through October 2017. WPG is a public REIT with 110 properties, 63M SF operating in 29 states. In his role, he was responsible for directing the Leasing, Development, Construction and Operations teams.

Prior to joining Washington Prime Group, Mr. Knerr spent 26 years at Simon Property Group where his last position was Executive Vice President of Leasing overseeing activity for their Central, Midwest and Mid-Atlantic portfolio’s which consisted of 52 projects and over 65M SF of retail space.

Mr. Knerr is a member of the International Council of Shopping Centers (ICSC).

Mr. Knerr received a bachelor’s degree in Management from Indiana University in Bloomington, Indiana.

Jim Krohn

President, Apartment Operations

Jim Krohn is President of Apartment Operations for Irvine Company. In that role, Mr. Krohn is responsible for the management and operation of the Company’s portfolio of apartment communities throughout California, including the property management, leasing, marketing, maintenance, and customer service functions. He joined Irvine Company in 2018.

Previously, Mr. Krohn served as Founding Partner and Chief Executive Officer of the Management Division for Alliance Residential. At Alliance, he was responsible for growth of the company’s management platform and management oversight for over 100,000 apartment units nationwide, including 30,000 units in California.

Prior to that, Mr. Krohn worked for Lincoln Property Company, where he was involved in the management, development, and acquisition of apartments in the Southwest and Southern California regions over his eight-year tenure.

Mr. Krohn is a member of the Urban Land Institute, National Multifamily Housing Council Executive Committee, and an alumnus of the University of Arizona.

Chris Marsh

President, Apartment Development

Chris Marsh is President of Irvine Company Apartment Development division. Mr. Marsh is responsible for leading the company’s apartment development growth plan, including land acquisitions, due diligence, entitlements, product development, design, construction and delivery.

Since joining the company in 2003, Mr. Marsh over time has been responsible for overseeing all aspects of development for commercial and residential projects for the company, including office, resort, retail and apartment properties. His achievements include the Resort at Pelican Hill, where he acted as Project Executive in delivering the world-class resort.

Mr. Marsh has practiced in the field of commercial and multifamily real estate development for 25 years and has represented developers in the United States, United Kingdom and Spain. In a consultancy capacity, he also acted as third party adviser to several blue chip and institutional investors, including Société Générale, Scottish Widows and Pearl Assurance.

He received a bachelor’s degree with first-class honors in quantity surveying from the University of Central England, Birmingham, UK, and earned a master’s degree in construction management from the University of Reading, UK.

EXECUTIVES
  • Frank Abeling

    Senior VP, Real Estate Operations
  • Gino Bianchini, Senior Vice President Tax Counsel for Irvine Company

    Gino Bianchini

    Senior VP, Tax Counsel
  • Clay Halvorsen, Senior Vice President, General Counsel and Secretary for Irvine Company

    Clay Halvorsen

    Senior VP, General Counsel and Secretary
  • Mark Henigan

    Mark Henigan

    Group Senior VP, Financial Services
  • Paul Hernandez

    Senior VP, Corporate Affairs
  • Dan Miller, Senior Vice President, Entitlement & Public Affairs for Irvine Company

    Dan Miller

    Senior VP, Government Relations
  • Julie Sokol, Senior Vice President of Information & Marketing Technology for Irvine Company

    Julie Sokol

    Senior VP, Information and Marketing Technology
  • Bryan Stevens, Senior Vice President and Treasurer for Irvine Company

    Bryan Stevens

    Senior VP, Corporate Finance and Treasurer
  • Darren Thomas, Senior Vice President and head of Human Resources for Irvine Company

    Darren Thomas

    Senior VP, Human Resources

Frank Abeling

Senior VP, Real Estate Operations

Frank Abeling is Senior Vice President, Real Estate Operations for Irvine Company. He also serves on the company’s Office of the Chairman Management Committee that includes Chairman Donald Bren; Ray Wirta, President of Irvine Company’s Investment Properties Group; Charles (Chip) Fedalen Jr., Group Executive Vice President and Chief Financial Officer; and Doug Holte, President of Irvine Company Office Properties. In his role, Mr. Abeling is responsible for supporting and guiding the company’s real estate activities.  

Mr. Abeling joined the Company in 2010 and previously served as Senior Vice President, Strategic Planning and Analysis, where he was responsible for the Company’s financial planning, investment analysis, and strategic research functions.

Prior to joining Irvine Company, Mr. Abeling was with Chicago-based M3 Capital Partners, where he specialized in real estate private equity advisory and capital raising. Earlier in his career, Mr. Abeling analyzed and originated commercial mortgage investments for Prudential Mortgage Capital Company in San Francisco.

Mr. Abeling holds a bachelor’s degree in economics from the Wharton School at the University of Pennsylvania and earned an MBA from the Kellogg School of Management. 

Gino Bianchini

Senior VP, Tax Counsel

Gino J. Bianchini is Senior Vice President, Tax Counsel for Irvine Company. As head of the company’s Tax Department, Mr. Bianchini is responsible for three interrelated functions: tax planning, tax compliance and property tax. He joined the company in 2013.

Previously, Mr. Bianchini was a Shareholder in Tax Practice at Greenberg Traurig, and Principal in the Federal Tax Services Group at Ernst & Young.

Mr. Bianchini holds a bachelor’s degree from the University of San Diego and earned his law degree and Master of Laws degree in taxation from Golden Gate University.

Clay Halvorsen

Senior VP, General Counsel and Secretary

Clay Halvorsen is Senior Vice President, General Counsel and Secretary for Irvine Company. In this role, he leads the company’s Legal, Risk Management and Records Management groups. He joined the company in 2010.

Previously, Mr. Halvorsen served as Executive Vice President, General Counsel and Secretary of Standard Pacific Homes, a former Fortune 500 homebuilder.

Prior to that, Mr. Halvorsen was a corporate finance partner at Gibson, Dunn & Crutcher, a leading international law firm.

Mr. Halvorsen holds a bachelor’s degree in economics from California State University, Northridge. He earned his law degree with honors from the University of Southern California.

Mark Henigan

Group Senior VP, Financial Services

Mark Henigan is Group Senior Vice President, Financial Services, and Chief Accounting Officer. In this position, Mr. Henigan directs Irvine Company’s comprehensive Corporate Controller (which includes Financial Reporting, Corporate Accounting, Centralized Accounts Payable and Payroll functions), Commercial Property Accounting, IT Finance and Corporate Procurement, Internal Audit and Tax operations.

Mr. Henigan joined Irvine Company as Senior Vice President of Financial and Information Services in 2006 and was promoted to his current position in 2009. From 2006 to 2012, Mr Henigan was also responsible for the company’s Information Technology department. Prior to Irvine Company, he was an audit partner with the international accounting firm Ernst & Young. Mr. Henigan worked exclusively in the firm’s Real Estate Group, serving a broad range of clients, from sole proprietorships to large publicly held companies. During his 15-year tenure with Ernst & Young, Mr. Henigan gained significant experience involving IPOs, secondary offerings, debt offerings, mergers and other public capital markets transactions. In addition to providing auditing, advisory, transaction, internal control and operations improvement services to REITs, pension fund advisors, homebuilders and others in the real estate industry, Mr. Henigan has extensive due diligence and valuation experience on portfolios with multifamily, commercial, hospitality and land assets and led the Ernst & Young Orange County office recruiting efforts.

Mr. Henigan is a member of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants, among other professional associations and organizations, and currently serves on the board of two local nonprofit organizations. He is a graduate of the University of California, Santa Barbara, where he received a degree in business economics with an emphasis in accounting.

Paul Hernandez

Senior VP, Corporate Affairs

Paul Hernandez is Senior Vice President of Corporate Affairs for Irvine Company, a 150-year old privately held company that master plans, builds and manages a best-in-class portfolio throughout coastal California. He is responsible for corporate communications and corporate marketing.

Prior to leading Corporate Affairs, Mr. Hernandez served as Vice President of Government Affairs for Irvine Company.

Before joining Irvine Company in 2003, Mr. Hernandez was the West Coast government relations manager for Lockheed Martin IMS. Previously, he also served as Chief of Staff for an elected member of the Orange County Board of Supervisors.

Mr. Hernandez holds a bachelor’s degree in Political Science from the University of California, Los Angeles.

He is a graduate of the CORO Fellows Foundation.

Dan Miller

Senior VP, Government Relations

Dan Miller is Senior Vice President, Government Relations for Irvine Company. In this role, Mr. Miller is responsible for the development of strategic policies and processes addressing entitlement issues for the Company. In addition, Mr. Miller is also responsible for directing the Company’s public affairs unit which focuses on legislative and regulatory issues at the local, regional, state and federal levels and directing the Company’s community relations activities.

Mr. Miller joined the Irvine Company in April 2002 as Vice President, Government Relations. In that role, he supported the Irvine Company’s initiatives by providing strategy and serving as a liaison with local elected officials and city, county and special district staff.

Prior to that, he was a partner with RSG, Inc providing consultant services to local government on financial, management and real estate matters, as well as serving as city manager for such cities as Dana Point, Laguna Niguel, Lake Forest, Yorba Linda and Chino Hills.

Previously, Mr. Miller directed the Southern California state and local government services function for Deloitte & Touche; was the chief of staff for a member of the Orange County Board of Supervisors; and oversaw the County of Orange’s legislative and budget analysis unit.

Mr. Miller earned his bachelor’s and master’s degrees from California State University, Fullerton. He also holds a master’s in public administration from the University of Southern California.

Julie Sokol

Senior VP, Information and Marketing Technology

Julie Sokol is Senior Vice President of Information and Marketing Technology for Irvine Company. She is responsible for the overall performance and delivery of technology across the company, This includes leading and managing Irvine Company’s technology operations, infrastructure, security, project portfolio and business support functions, as well as leadership of the innovation team, which leverages emerging technology to drive product and process change across the enterprise. Additionally, she is responsible for the Marketing Technology function, including management of much of the company’s digital and online assets.

She joined the company in 2007.

Previously, Ms. Sokol was a Partner with Accenture. During her 16-year tenure, she worked with globally recognized organizations across varied industries and in many countries, leading them through large scale transformation.

She is active in several nonprofits, including OneOC and Girl Scouts of Orange County. She also is extensively involved in technology strategy and STEM (Science, Technology, Engineering and Math) programs for local K­-12 students.

Ms. Sokol holds a bachelor’s degree in business administration with specializations in marketing and accounting from California Polytechnic University, San Luis Obispo.

Bryan Stevens

Senior VP, Corporate Finance and Treasurer

Bryan Stevens is a Senior Vice President and Treasurer for Irvine Company. He leads Corporate Finance, which includes corporate and project level finance, interest rate risk management and treasury for the company. Mr. Stevens joined Irvine Company in 2014.

Previously, Mr. Stevens worked at Wells Fargo Bank for over 12 years in the Commercial Real Estate Group as a Senior Vice President and Team Leader. He originated debt for the bank’s balance sheet with real estate customers along with managing the overall bank relationship with these companies.

Mr. Stevens holds a bachelor’s degree in business administration and finance with an emphasis in real estate and investments from the University of Southern California.

Darren Thomas

Senior VP, Human Resources

Darren Thomas is Senior Vice President and head of Human Resources for Irvine Company. He is responsible for leading the company’s Human Resources strategy and oversees all aspects of the function, including talent acquisition, leadership development, training, compensation and benefits, HR information systems, and internal communications.

Mr. Thomas joined Irvine Company in 2008.

During his career of more than 25 years, he has held leadership positions with several companies. Previously, he was Managing Director of Global Human Resources for Lehman Brothers Mortgage Banking Business. Earlier in his career, he held positions as Senior Vice President of Human Resources for Citigroup, Senior Vice President of Human Resources for Associates First Capital, and Senior Vice President for Alliance Data Systems, where he directed the firm’s global HR function.

Mr. Thomas has also worked with several nonprofits throughout his career, serving on boards for March of Dimes, YMCA and Big Brothers Big Sisters. He currently serves on the Executive Board for Big Brothers Big Sisters of Orange County.

He holds a bachelor’s degree in economics from Colorado State University and earned an MBA from Southern Methodist University.