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Dallas’ KDC Announces Multiple Promotions, Including New CEO » Dallas Innovates

Dallas’ KDC Announces Multiple Promotions, Including New CEO » Dallas Innovates

Eric Hage has been promoted to president of Dallas-based KDC, one of the nation’s leading real estate development and investment firms. He replaces Toby Grove, who will continue in an advisory role as vice chairman of KDC’s board of directors.

In addition to Hage’s promotion, Bret Creel and David Fisk, currently senior vice presidents, are now executive vice presidents, joining the design and construction leadership team, KDC said. IT manager Richard Bryant has been promoted to vice president of information technology. In this leadership role, Bryant will focus on leveraging new technologies to improve project scheduling, procurement and overall communications.

“Over the past 35 years, we have built KDC into a trusted and respected commercial real estate developer, owner and buyer,” Steve Van Amburgh, KDC’s executive chairman, said in a statement. “These promotions are a direct result of excellent leadership and a diligent commitment to our clients, ensuring that KDC continues to provide excellent service. Together with our executive board, the management team has developed solid plans for the future. Toby and I look forward to transitioning these new leaders into their very important roles.”

“Setting the Course for the Coming Decades”

Hage joined KDC three years ago as executive vice president of development.

In this role, Hage was responsible for driving new business strategies across the company’s core businesses, including office, industrial and data center development. During his 20-year career in commercial real estate, Hage has been involved in numerous high-profile projects in Dallas-Fort Worth and across the country, KDC said.

The company said Hage, along with KDC Chief Investment Officer Scott Ozymy and Chief Financial Officer Mike Kaufman, will form a new KDC Operating Committee that will oversee all day-to-day operations as well as all development, financial and transaction-related activities.

“These executive promotions will strengthen KDC’s business and position the company for the future. KDC is well-positioned to capitalize on the opportunities in today’s environment,” Grove said in a statement. “We believe Eric and the team bring the depth and breadth of experience and know-how to continue to deliver exemplary service to KDC’s clients, setting a course for decades to come.”

KDC’s current development projects include the $200 million Bank of America Tower at Parkside in Uptown Dallas, a new Wells Fargo office campus in Irving, an Oncor Electric Delivery Co. distribution center in Midlothian and a JPMorgan Chase operations center in Ruston, Louisiana.

“Steve and Toby have built a phenomenal company with a customer-first mentality that has produced some of the most iconic corporate campuses, headquarters and projects in the country,” said Hage. “The KDC team and I will build on that success, expanding our resources and services while continuing to be a leading developer of office, industrial and data center facilities.”

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