BEACHWOOD, Ohio, Jan. 3, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced the appointment of Mark S. Floyd as executive vice president of employment. In this role Mr. Floyd will be primarily responsible for recruitment, development and retention efforts, and execution of the company's strategic plan as it relates to human capital.

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"DDR is committed to its publicly stated objective of building a prime organization where merit is the basis for professional growth and advancement. Mark's role will be strategically aligned with key operating departments, and he will be charged with implementing employment best practices and elevating the focus on human capital development at all levels of the company," said Daniel B. Hurwitz, president and chief executive officer of DDR.

Mark S. Floyd commented, "This is an exciting opportunity for me personally and professionally. A strategic focus on employee development and organizational structure is always the foundation of the most successful enterprises. I greatly look forward to continuing DDR's focus on people."

Prior to joining DDR, Mr. Floyd served as a partner of Ulmer & Berne and co-chair of the firm's employment and labor law group. A current resident of Cleveland, Ohio, Mr. Floyd earned his undergraduate degree from Stanford University and his Juris Doctorate from the Columbia University School of Law. Mr. Floyd is an active member of the Cleveland community serving and having served on numerous charitable and civic boards including The Urban League of Greater Cleveland, The Cleveland Ballet, and The Cleveland Institute of Music; and committees of The Cleveland Orchestra and Cleveland State University.

About DDR

DDR is an owner and manager of 538 value-oriented shopping centers representing 134 million square feet in 41 states, Puerto Rico and Brazil. The company's assets are concentrated in high barrier-to-entry markets with stable populations and high growth potential and its portfolio is actively managed to create long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the company is available at www.ddr.com.

SOURCE DDR Corp.