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Carol Schatz to Retire from DCBID

The Downtown Center Business Improvement District’s (DCBID) founding President and CEO, Carol E. Schatz, plans to retire effective September 30, 2018, after leading the organization and the Downtown Los Angeles Renaissance for nearly three decades. Suzanne Holley, currently DCBID EVP and COO, was named to succeed Schatz.

“It’s been a great privilege to have played a central role in planning and leading Downtown LA’s Renaissance,” said Schatz. “The DCBID was a key factor in the Downtown Renaissance, and in bringing in more than $30 billion in new investment to DTLA.”

Among the many key initiatives Schatz led included the statewide effort for passage of legislation to allow property-based BIDs to form, and then quickly founded the DCBID in 1998 in DTLA. She successfully took it through four successive renewals, including the overwhelming vote of property owners to renew the BID in 2017 for an additional 10 years.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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