Stuart Tanz - Retail Opportunity CEO and President and Director

Mr. Stuart A. Tanz is the President, Chief Executive Officer, Director of the Company. He was the Chief Executive Officer of United Income Properties, Inc. from 2006 to 2009 and its Chief Operating Officer and President from 1988 to 1992. United Income Properties, Inc. was a privately owned retail real estate development company in Southern California which developed, owned and operated various shopping centers in Southern California and now owns, manages and operates approximately 2, 250 selfstorage units and a retail property. From 1997 to 2006, Mr. Tanz was the Chairman, Chief Executive Officer and President of Pan Pacific Retail Properties, Inc., during which period its total market capitalization increased by 795 percent from 447 million to over 4 billion. Mr. Tanz oversaw and administered all aspects of Pan Pacific Retail Properties, Inc.s business, management, finance and personnel and led its 146 million initial public offering on the NYSE and ultimately in the sale of the company for 4.1 billion to Kimco Realty Corporationration in November 2006. From 1992 to December 1996, Mr. Tanz was a director of Revenue Properties Company Limited and was the CoChief Executive Officer from May 1996 to August 1997. Revenue Properties Company Limited was a publicly traded company on the Toronto Stock Exchange that was the parent company of Pan Pacific Development Corporationration, where Mr. Tanz was the President and Chief Operating Officer from 1992 to 1997. From 1982 to 1988, Mr. Tanz was the Director of Acquisitions of Southern California at Bramalea Limited, based in Toronto, Canada, and Bramalea California Inc. Mr. Tanz is a member of the Advisory Council for the University of Southern California Lusk Center for Real Estate and Chairman of the Advisory council for the Tanz Centre for Research in Neurodegenerative Diseases. Mr. Tanz is a member of International Council of Shopping Centers and Young Presidents Organization. since 2009.