Cardon Development Group projects are truly revolutionary to the communities in which they’re built. That change-making capability is a direct result of the unique and singular vision of its leadership.
Don Cardon, CEO
Don Cardon drives the vision, project initiation, public outreach and capital structure—including public debt and equity—for CDG projects. He is known for his disruptive approach to forging public-private partnerships to enable developments that not only create shopping, dining and entertainment destinations, but also literally change the face of entire communities.
Perhaps most notably, Don’s work on the CityScape development in downtown Phoenix—a $1.2 billion mixed-use project and the largest private investment in the city’s history—truly reshaped the heart of the city.
Arizona Governor Jan Brewer took notice of Don’s unique ability to make the impossible possible, and recruited him in 2009 to lead the state’s global economic efforts as the Director of Arizona’s Department of Commerce. Don built the Department of Commerce into a globally competitive powerhouse, and in doing so, helped the state earn the impressive title as the most entrepreneurial business environment in the country by the Kauffman Report. After less than three years of service, Don earned more national attention by transforming the Department of Commerce into a private entity, known today as the Arizona Commerce Authority (ACA). He served as CEO of the ACA until he returned to the private sector in 2012.
Don has more than 20 years of high-level public administrator experience in addition to his 30+ years of experience driving successful private sector real estate development. He has been named one of the Top 25 CEO’s in Arizona by the Arizona Business Journal for his vision, successes and company cultural values, and he is a frequent author and speaker on building successful public-private partnerships.
Roy Vallee, Chairman of the Board
Roy Vallee is the definition of the consummate business leader. He can create a unified corporate culture by instilling employee values, team play and commitment, which has ultimately achieved industry-leading success.
During his 35 years with Avnet, Inc (NYSE: AVT), of which 13 were served as Chairman and CEO, Roy accelerated the company’s success as an industry consolidator and was instrumental in the acquisition of 47 companies that increased their geographic coverage, scale, scope and shareholder value.
In recognition of his significant achievements while leading Avnet, Roy has received numerous state and national accolades. Most notably, Roy was recently named Deputy Chairman to the Twelfth District Economic Advisory Council for the Federal Reserve Bank.
Roy joined Cardon Development Group in 2012 and currently serves as Chairman of the Board. He provides daily insights into strategic decisions, negotiations, corporate structure and overall company direction.