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Co-Chairman of the Board

Richard (Dick) Powell is co-founder of Kravco Company LLC and serves as Co-Chairmen of the Board. Kravco Company LLC, a privately held real estate development, management, leasing and asset management company, was formed in 2011.

In 1972, Mr. Powell joined the original Kravco Company as a Regional Property Manager and was responsible for management, leasing and construction for portfolio properties located in the Delaware Valley area. In 1980, Mr. Powell took over managing the Harrisburg East Mall, the Peachtree Dunwoody Pavilion, a 700,000 square foot office building in Atlanta, and Castleton Commercial Park, composed of 53 mid-rise buildings and 380 tenants located in Indianapolis.


In 1985, Mr. Powell served as Vice President and Asset Manager at EQK Partners, a real estate management company in Philadelphia. In 1990, Mr. Powell became a Principal of the Charter Oak Asset Management Company, the asset manager company for the Powell family portfolio.


Before founding Kravco Company LLC, Mr. Powell co-owned and operated three Ruby’s Diners located in Ardmore, King of Prussia and Glen Mills Pennsylvania.


Mr. Powell is a graduate of The Pennsylvania State University’s School of Arts and Architecture and is a licensed Real Estate Broker in Pennsylvania.

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