Ernest Rady

Ernest Rady formed American Assets Inc. (AAI) in 1967, a privately held conglomerate that controlled and managed a group of companies dedicated to financial services, investment, and real estate. Mr. Rady also founded and was Chairman/CEO of Westcorp, a publicly traded financial services company, which in 2006 was sold to Wachovia Corporation, now part of Wells Fargo Bank. Currently, Mr. Rady serves as Executive Chairman of the Board for American Assets Trust, a publicly traded real estate investment trust that was formed in 2011 from the successful real estate business of AAI. He also serves as Director of the Board and Chairman of ICW Group, a multi-line property and casualty insurance company, which he started in 1972 as Insurance Company of the West. Mr. Rady’s significant philanthropic work has been primarily focused on education, the health and well-being of children and scientific research. Mr. and Mrs. Rady and American Assets, Inc. donated to Children’s Hospital in 2006, and in recognition the hospital was renamed Rady Children’s Hospital. UC San Diego’s School of Management was also renamed Rady School of Management due to his leadership, vision, and financial contribution.