Mugar Enterprises, Inc.

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Management Team

David G. Mugar

Chairman & CEO of Mugar Enterprises, Inc.

David G. Mugar is Chairman and Chief Executive Officer of Mugar Enterprises, Inc. in Boston and a well-known New England businessman and philanthropist.

He has more than 40 years of experience in developing and managing commercial real estate, including hotels, a regional mall, brownfields land and developed sites, several shopping centers, office, lab and industrial space, and an assisted living complex.

David, in partnership with Don Law, is co-owner of the Boston Opera House, the Paradise Night Club and House of Blues in Boston. David also oversees equity and bond investments, retail businesses, venture capital and other closely held investments.

He was the principal owner of and Chairman and Chief Executive Officer of New England Television Corporation which owned and operated WHDH-TV, Channel 7 a CBS affiliate in Boston for 11 years as well as the NBC-affiliated radio station WHDH-AM.

Since 1974 David served as Executive Producer for the Boston Pops Fireworks Spectacular held each July 4th on the Esplanade in Boston. In the spring of 2016 he announced his retirement as Executive Producer. In September 2016 David announced that, starting in 2017, the Boston Pops will produce the Boston Pops Fireworks Spectacular every July 4th.

David T. Ting

Vice Chairman

Dave Ting has been with Mugar Enterprises, Inc. since its inception. He served as President from December 2000. In January 2021, he became the Vice Chairman at Mugar Enterprises. His new responsibilities will include strategic planning and development for the company.

Dave is a Trustee Emeritus at the WGBH Education Foundation and former Chairman of the Finance Committee. He is a Trustee Emeritus at Beth Israel Deaconess Medical Center, and served as the Chairman of the Finance Committee. He is a Governing Trustee at Dana Faber Cancer Institute. He is a Trustee of South Cove Nursing Facilities Foundation. Additionally, Dave is also actively involved in a number of private companies including Woodside Capital Partners, Boston Opera House, Boston House of Blues, Rhode Island Waterfront Enterprises and St. Croix Renaissance Group.

Dave began his career at Arthur Young in New York City. He also held positions with Ford Motor Company, Washington Post Company and New England Television Corporation.

Dave holds an M.B.A. from the Columbia University Graduate School of Business. He and his wife Alice live in Boston.

 

Tracy Lussier

President

Tracy Lussier joined Mugar Enterprises, Inc., in 1996. She has managed a variety of family investments and operational businesses in the MEI portfolio. As Vice President of Business and Administration, Tracy also oversaw office operations and family services. In January 2021 Tracy was named President of Mugar Enterprises succeeding David Ting.

Tracy is responsible for the administrative services of Mugar Enterprises; she oversees the  operations of companies located in New England and in the U.S. Virgin Islands including an anchor supermarket, Starfish Market; and the largest mixed-use retail shopping and professional center on St. John, U.S. Virgin Islands; she handles special projects for members of the Mugar family, including portfolio management, business administration and estate planning; and will oversee the exploration of strategic opportunities to grow the business with the Mugar family.

Tracy earned her MBA at Boston University School of Management in 1990, a BS in Journalism in 1989, and a BA in English in 1988, from Boston University.

Tracy began her career at WHDH-TV, the NBC affiliate in Boston. She subsequently worked at the CBS affiliate WBZ-TV and Radio in business technology prior to joining Mugar Enterprises.

Tracy lives in Groveland, Massachusetts, with her husband, Richard, and two sons.

Robert H. Reibstein

Vice President of Real Estate

Robert H. Reibstein has served as Vice President of Real Estate at Mugar Enterprises, Inc., since 2005. He is responsible for overseeing the performance of a diversified real estate investment portfolio, including retail, commercial, industrial, residential and parking garage properties. Bob has added parking garages to MEI’s portfolio, created an in-house management company, and has grown MEI into the largest private parking garage owner and operator in Portland, Maine. He has also led MEI’s entrance into the development of a life-science research park portfolio. Additionally, he continues to work on current MEI development projects.

Bob earned an MBA with a concentration in finance at Boston University School of Management and a BA in economics from Boston University.

Bob has over 20 years of varied real estate experience. He began his career in acquisitions of investment-grade real estate for both public syndicators and private investors. In addition, he spent 13 years running a consulting practice with clients that included John Hancock, New England Life and Holiday Fenoglio Fowler, focusing on commercial mortgage portfolio management.

Bob lives in Newton, Massachusetts, with his wife, Lisa, and has two children.

Susan D. Kalvaitis

Vice President and Controller

Susan joined Mugar Enterprises, Inc., in 2002 as Controller and was promoted to Vice President in 2006. Susan has extensive experience in all areas of finance, including accounting operations, financial reporting and analysis, treasury, tax compliance , and tax planning strategies and administration. Susan directs, manages and develops an accounting and tax team to support all Mugar-related entities and investments. In addition, she is responsible for establishing and implementing all accounting policies and procedures and maintaining internal controls in a multi-entity environment.

Susan began her career in public accounting working at Laventhol & Horwath, CPAs, in Boston. Her industry experience includes professional services, real estate, non-profits, high-tech R & D, leasing and manufacturing. Susan also worked in various financial management positions at Arthur D. Little, Inc., a global consulting practice, and Cone, Inc., a strategic marketing and communications agency, before joining MEI.

Susan holds a BBA from the University of Massachusetts Amherst and is licensed as a Certified Public Accountant (CPA) in Massachusetts. She is a member of the American Institute of CPAs, the Massachusetts Society of CPAs and the Financial Executives Institute.

Susan lives in Canton, Massachusetts, with her husband, Guenter.

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