• Richard Mandell, formerly a Strategic Advisor at Rocket, is now Bedrock’s Chief Administrative Officer.

• Nic Barlage, CEO of Rock Entertainment Group and the Cleveland Cavaliers, will additionally work with Bedrock to lead the strategic direction in Cleveland.

DETROIT [September 11, 2025] – Bedrock today announced key leadership updates with the appointment of Richard Mandell as Chief Administrative Officer and Nic Barlage, who will shape the strategic direction for Bedrock in Cleveland.

Joining Bedrock as Chief Administrative Officer, Richard Mandell will guide organizational strategy and support the company’s culture, operations and business development. He was previously a Strategic Advisor at Rocket and has held several senior leadership roles across the organization for nearly three decades. Mandell is a seasoned entrepreneur and business leader in the real estate and mortgage industries.

Nic Barlage will work with Bedrock to lead and shape the strategic vision in Cleveland. He brings nearly 15 years of experience within Dan Gilbert’s Rock Family of Companies where he also serves as CEO of Rock Entertainment Group inclusive of the Cleveland Cavaliers, Charge, Monsters, Legion, Rock Entertainment Sports Network, Rocket Arena and the recent WNBA expansion team. Barlage will collaborate closely with Bedrock to advance plans for The Riverfront, Rock Block and Tower City Center and projects such as the Cleveland Clinic Global Peak Performance Center and Cosm Cleveland.

“Richard Mandell and Nic Barlage have been driving forces within our Family of Companies and have a deep commitment to the values that define us,” said Bedrock President Jared Fleisher. “These key additions will help pave the way for the future and reinforce Bedrock’s commitment to transformational development, culture and operational excellence.”

Fleisher was named Bedrock President in August 2025 and will become CEO in 2026.

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About Bedrock

Bedrock is an award-winning real estate developer focused on comprehensive city building initiatives in Detroit and Cleveland. Its work includes creating iconic cityscapes, rehabilitating historic properties and making space for the community—all with the philosophy of operating for more than profit.

Since 2011, Bedrock has invested and committed more than $7.5 billion to develop and restore more than 140 properties, totaling over 21 million square feet of office, retail, residential, hospitality, industrial, data centers and parking. In 2024, Bedrock was named one of the world’s Most Innovative Companies by Fast Company.

For additional information about Bedrock, please visit BedrockDetroit.com or connect with us on Facebook, Instagram, LinkedIn and X.