Rick J. Caruso is the Chief Executive Officer of Caruso Affiliated, the Los Angeles-based real estate development company he founded in 1992. Caruso Affiliated owns and manages a portfolio of upscale outdoor retail/entertainment properties that attract over 40-million people annually and are designed to reflect the unique character of the communities they serve. Properties include The Grove, The Commons at Calabasas and The Promenade at Westlake, as well as The Americana at Brand.
As CEO, Mr. Caruso works closely with his team of seasoned professionals to continue the company’s leadership and innovation. His focus is on meeting the company’s mission to exceed the expectation of his guests and tenants.
Mr. Caruso believes strongly in public service and civic responsibility, and as past President of the Los Angeles Police Commission and the youngest commissioner in the history of the City of Los Angeles as the President of the Department of Water and Power, his reputation as an extraordinary businessman and civic leader is evident.
It is his deeply held personal philosophy and philanthropic commitment to giving-back, especially in the areas of education, healthcare and underprivileged youth; however, that has solidified Mr. Caruso’s reputation as a compassionate member of the community. His philanthropic commitments include service on the boards of Para Los Ninos, St. John’s Health Center Foundation, The California Medical Center and The National Institute of Transplantation.
He also serves on the Board of Trustees of the University of Southern California, the Board of Councilors of Pepperdine School of Law, the Board of School of Policy, Planning and Development at USC and the Los Angeles Memorial Coliseum Commission.
Mr. Caruso’s commitment, first and foremost, has always been to his family, and the family-sensitive environments he creates are a direct reflection of that personal priority. He resides in the Los Angeles area with his wife Tina and their three sons and a daughter.