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Irvine Company.


When 60-year-old Richard Gilchrist resigned as president and co-chief executive of Maguire Properties Inc. in December, he said he wanted to spend more time with his family and retire at his estate in rural Virginia Virginia, state, United States
Virginia, state of the south-central United States. It is bordered by the Atlantic Ocean (E), North Carolina and Tennessee (S), Kentucky and West Virginia (W), and Maryland and the District of Columbia (N and NE).
.

Gilchrist had been hired to calm Wall Street investors during the run-up to Maguire's IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. . Soon after the offering, he parted ways with the firm and co-chief executive and chairman Rob Maguire, a notoriously tough and demanding executive.

The retirement apparently is postponed. Gilchrist, who has been consulting for the Irvine Company The Irvine Company is a privately held real estate development company based in Newport Beach, Orange County, California. Donald Bren is its Chairman. Operations
The Irvine Company develops suburban master-planned communities throughout central and southern Orange County.
, last week was named president of its office division, where he will oversee the construction of two high-rise buildings high-rise building

Multistory building taller than the maximum height people are willing to walk up, thus requiring vertical mechanical transportation. The introduction of safe passenger elevators made practical the erection of buildings more than four or five stories tall.
 in Irvine Spectrum.
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Article Details
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Title Annotation:appoints Richard Gilchrist
Author:Berry, Kate
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1USA
Date:Jun 19, 2006
Words:109
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