How the DCBID Will Go On Without Carol Schatz?

Carol Schatz is the president and CEO of the DCBID.

Carol Schatz has announced her retirement from the Downtown Central Business Improvement District. Schatz has been a pillar of the renaissance in Los Angeles through the DCBID, which she launched in 1998 and has served has president since its inception. Suzanne Holley, the DCBID’s EVP and COO, will succeed Schatz as president of the DCBID upon her retirement at the end of the month, while Nick Griffin, SVP and director of economic development, will become executive director of the DCBID.

“I didn’t easily come to the decision, but I started to make arrangements when I left Central City Association. That was the first step. I am a workaholic, but I think even workaholics get to a point where they decide that you have done a good job and it is time to do other things,” Schatz tells GlobeSt.com. “It is time to be able to relax and unwind—although I have always failed at R&R. My hope is to be able to do some interesting travel, but I intend to stay connected. I consider what has happened Downtown to be, at least partially, my baby. You can’t give that up, and so I will stay connected because I have so much invested in the Downtown revitalization.”