Dave Mudgett has spent four decades as a real estate executive building things-Columbia, Md. at the Rouse Co., Fashion Island under Donald Bren, retail centers in Rancho Santa Margarita and Shanghai under Don Koll, industrial parks and a Vail, Colo. hotel with Kevin Deighan (Timberline Commercial Real Estate, Irvine.) Now, in a sign of the times, he’s doing workouts of bankrupt projects. “We think there’s a lot of opportunity,” says 60-something Mudgett, new president of Paladin Asset Preservation & Management and Land Interests Inc., related entities owned by 41-year-old Erik Frechette. Irvine-based Paladin, an asset manager for court-appointed receivers, is working with 25 banks in 14 states including, of course, California …
A bevy of female execs, including PepsiCo’s Indra Nooyi, DuPont’s Ellen Kullman, Facebook’s Sheryl Sandberg and new Hewlett-Packard chief Meg Whitman, were slated to attend Fortune magazine’s annual Most Powerful Women Summit today through Wednesday at the Ritz-Carlton, Laguna Niguel. Actress Geena Davis, model-businesswoman Tyra Banks, Warren Buffett and Goldman Sachs boss Lloyd Blankfein were also on the speakers’ list …
Whitman, who had more free time when she accepted the invitation, was also still a go to keynote the OC Biz Council’s sold-out luncheon Tuesday at the Center Club. And actress Davis has another OC date on Oct. 13, at UCI for a screening of the PBS series, “Women, War & Peace” …
Newport Beach litigator Mark Robinson has been elected vice president of the 6,700-member American Board of Trial Advocates, putting him in line to become its president in 2014. His late dad, Mark Sr., was the group’s first president in 1959 …
Emil Brolick, former prez of Irvine-based Taco Bell, has taken over as CEO of Dublin, Ohio-based Wendy’s. Brolick had been with Wendy’s before joining Taco Bell in 2001 and eventually becoming COO of Taco Bell’s Louisville, Ky.-based parent Yum! Brands …
They didn’t make the playoffs but the Angels achieved a first in this their 50th season: They outdrew the Dodgers in attendance, 3.2 million to 2.9 million …
GOP leaders in the Capitol Hill budget battles are taking time to work OC donors. House Speaker John Boehner returns with an Oct. 17 fundraiser at Pelican Hill Resort and Oct. 18 breakfast with the New Majority. Wisconsin Congressman Paul Ryan addressed the NM last week and has a Nov. 12 date with the Claremont Institute at the Island Hotel …
With GM Rick Howard and tech manufacturer Drew Giese looking on, EE RR shot his best round, an even-par 71 from the whites at Strawberry Farms …
Another Irvine restaurant is celebrating its 25th anniversary, Prego …
And happy 25th at the OC Register to colleague/competitor Jon Lansner …
ROTC has arrived on the UCI campus. University officials said the way was cleared by President Obama’s 2010 repeal of “Don’t Ask/Don’t Tell,” allowing gays to openly serve in the armed services and bringing the military into compliance with UC’s non-discrimination policies.
