Kimco Fosters Young Leaders Through Innovative Ideas Program

Ross Cooper, president and CIO of Kimco Realty Corp. (NYSE: KIM), participated in a video interview at Nareit’s REITwise: 2019 Law, Accounting & Finance Conference in San Antonio.

Cooper discussed a panel he moderated at REITwise about managing a range of generations, noting that there are more similarities among generations than differences, and that everyone is looking for flexibility, communication, and work-life balance.

He also discussed a Kimco program designed to attract and retain millennials called Leaders Advancing Business Strategy (LABS). The REIT asks “rising star” employees to write a business plan for innovative ideas that would create revenue or reduce expenses for Kimco.

“We’ve had some great ideas come out of that,” Cooper said. “It really boosts morale, and it shows people that there is really a path to communication and interaction with the executives and the board members.”