Irvine Co. Names Office Division Chief

NEWPORT BEACH, CA-Rick Gilchrist, formerly president and co-CEO of Maguire Properties in Los Angeles, has been named president of the office properties division of the Irvine Co., filling the post left vacant when Bill Halford resigned earlier this year to become the president and CEO of the Bixby Land Co. Gilchrist will oversee an Irvine Co. office portfolio that includes approximately 400 office buildings, primarily in Orange County, but with significant assets in San Diego County as well as properties in the Silicon Valley and West Los Angeles.

Gilchrist, who assumes his new position July 6, tells GlobeSt.com that he was not looking for another post when he announced his resignation from Maguire earlier this year. “This is probably the only call that I would have had any interest in pursuing,” says Gilchrist, who has a consulting arrangement with Maguire that continues until June 30.

Gilchrist says his mission at the 110-year-old Irvine Co. is “to provide some leadership for the office division and to make a positive difference incrementally.” He comments, “My mission is certainly not to fix anything because it’s not broken. There will be no sea change because there is no need for it.”