Ira J. Gumberg

Chairman and CEO; Director, Gumberg Global

Ira J. Gumberg is Chairman and Chief Executive Officer of J. J. Gumberg Co. He also is a director of Gumberg Global, an international concern through which Gumberg engages in global real estate development.

Mr. Gumberg leads a fully integrated organization that focuses on the acquisition and development of investment-grade real estate within the retail and commercial sectors. As a third-generation leader, he has been instrumental in growing the privately held company through the careful analysis of retail trends, the recruitment and development of a highly experienced executive team and the ability to act decisively in order to maximize new growth opportunities.

Under Mr. Gumberg’s leadership, Gumberg launched its retail property division in 1977. Since that time, the company’s retail properties have showcased more than 1,000 select retailers, generating aggregate sales in excess of $2 billion annually. The company recently expanded internationally and has undertaken an ambitious strategy in India where it is developing Western-style regional malls throughout the subcontinent.

Mr. Gumberg’s extensive background and proven leadership experience has been recognized by numerous corporations and organizations. Most recently, he served on the Board of Mellon Financial Corporation from 1989 until 2007, where he was a member of the Executive Committee and chaired the Compensation and Audit Committees.
In addition, from 1997-2021, he was a Trustee, Member of the Educational Affairs and Enrollment Committee, Member of the Audit Committee, and Member of the Finance Committee of Carnegie Mellon University. He is a current Trustee of the University of Pittsburgh, where he serves on the Budget and Investment Committees and is a member of the Chancellor’s Global Advisory Council, as well as Chairman of the Board of Visitors of the University of Pittsburgh Joseph M. Katz Graduate School of Business.

Mr. Gumberg also sits on Gov. Tom Wolf’s Advisory Board on Energy, Business and Economic Development and is an advisory board member to Audia Group, LLC. Mr. Gumberg also is involved in a variety of philanthropic activities with a particular focus on higher education. Through the Ira J.

Gumberg Family Foundation, charitable donations have been made to such institutions as Georgetown University, Carnegie Mellon University and the University of Pittsburgh. Additionally, in 2011, Mr. Gumberg delivered the commencement address for the University of Pittsburgh, Joseph M. Katz Graduate School of Business and College of Business Administration. (Please click here for a full copy of his remarks.)

Mr. Gumberg earned a bachelor’s degree in economics from the University of Pittsburgh in 1975 and attended the Harvard Graduate School of Business, AMP.

He is married to Anita P. Courcoulas, M.D., who serves as Professor of Surgery and Chief of Minimally Invasive Bariatric and General Surgery at UPMC. They have four children.