NAREIT Elects Leadership for 2008
Stein to serve as chair.
Washington, D.C. (Vocus/PRWEB ) November 15, 2007 -- The National Association of Real Estate Investment Trusts® (NAREIT®) has announced its 2008 officers, members of its executive committee and new members of its board of governors. Elected chair was Martin E. Stein, Jr., chairman and CEO of Regency Centers Corporation (NYSE: REG), headquartered in Jacksonville, Fla.
“High on my list of priorities for 2008 is continuing the momentum generated by NAREIT in the investor outreach area to ensure that our industry captures a greater share of retirement plan investment,” Stein said. “Our primary focus in this area will be on 401(k) and other defined contribution plans.
“In the Policy & Politics area, we will have a strong focus for the remainder of this year on securing an extension for the federal terrorism risk insurance program,” Stein said. “NAREIT also will continue to work to encourage congressional support for the REIT Investment Diversification and Empowerment Act (RIDEA), which will allow REITs to manage their portfolios more effectively and efficiently, and remove barriers to cross-border investment.”
NAREIT announced its first vice-chair for 2008 is Jeffrey H. Schwartz, chairman and CEO of Denver-based ProLogis (NYSE: PLD). The association’s second vice chair is Constance B. Moore, president and CEO of BRE Properties, Inc. (NYSE: BRE), San Francisco, and its treasurer is Debra A. Cafaro, chairman, president and CEO of Ventas, Inc. (NYSE: VTR), Louisville, Ky.
Serving on NAREIT’s executive committee for 2008 are: Bryce Blair, chairman and CEO, AvalonBay Communities, Inc. (NYSE: AVB) Alexandria, Va.; Jon E. Bortz, chairman, president and CEO, LaSalle Hotel Properties (NYSE: LHO), Bethesda, Md; Richard B. Clark, president and CEO, Brookfield Properties Corporation (NYSE: BPO), New York; Ronald L. Havner, vice chairman, president and CEO, Public Storage, Inc. (NYSE: PSA), Glendale, Calif.; Edward H. Linde, CEO, Boston Properties, Inc. (NYSE: BXP), Boston; Peter S. Lowy, joint CEO, The Westfield Group (ASX: WDC), Los Angeles; David J. Neithercut, president and CEO, Equity Residential (NYSE: EQR), Chicago; Scott A. Wolstein, chairman and CEO, Developers Diversified Realty Corporation, (NYSE: DDR), Beachwood, Ohio; and, Donald C. Wood, president and CEO, Federal Realty Investment Trust, (NYSE: FRT), Rockville, Md.
Also serving on the executive committee are past chairs Arthur M. Coppola, president and CEO, The Macerich Company (NYSE: MAC), Santa Monica, Calif., and R. Scot Sellers, CEO, Archstone-Smith Englewood, Colo.
Serving on the audit committee are: Steven G. Rogers, president and CEO, Parkway Properties, Inc. (NYSE: PKY), Jackson, Miss., and Randall M. Griffin, president and CEO, Corporate Office Properties Trust (NYSE: OFC), Columbia, Md. Debra A. Cafaro, chairman, president and CEO of Ventas, Inc. (NYSE: VTR), Louisville, Ky., will serve as an ex-officio member in her capacity as treasurer.
Beginning new terms on the board of governors are: Kenneth Bernstein, president and CEO, Acadia Realty Trust (NYSE: AKR), White Plains, N.Y.; Jon E. Bortz, chairman, president and CEO, LaSalle Hotel Properties (NYSE: LHO), Bethesda, Md; Richard B. Clark, president and CEO, Brookfield Properties Corporation (NYSE: BPO), New York; Michael A.J. Farrell, chairman, president and CEO, Annaly Capital Management, Inc. (NYSE: NLY), New York; James F. Flaherty, III, chairman, president and CEO, Health Care Property Investors, Inc. (NYSE: HCP), Long Beach, Calif.; Edward J. Fritsch, president and CEO, Highwoods Properties, Inc. (NYSE:HIW), Raleigh, N.C.; Jonathan Gray, senior managing director, Blackstone Real Estate Advisors (NYSE: BX), Denver; William P. Hankowsky, chairman, president and CEO, Liberty Property Trust (NYSE: LRY), Malvern, Pa.; Ronald L. Havner, vice chairman, president and CEO, Public Storage, Inc. (NYSE: PSA), Glendale, Calif.; Philip L. Hawkins, chief executive officer, DCT Industrial Trust, Inc. (NYSE: DCT), Denver; Mitchell E. Hersh, president and CEO, Mack-Cali Realty Corporation (NYSE: CLI), Cranford, N.J.; John B. Kilroy, Jr., president and CEO, Kilroy Realty Corporation (NYSE: KRC), Los Angeles; Edward H. Linde, CEO, Boston Properties, Inc. (NYSE: BXP), Boston; Constance B. Moore, president and CEO, BRE Properties, Inc. (NYSE: BRE), San Francisco; Dennis D. Oklak, chairman, president and CEO, Duke Realty Corporation (NYSE: DRE), Indianapolis; Jeffrey S. Olson, president and CEO, Equity One, Inc. (NYSE: EQY), North Miami Beach, Fla.; Ronald R. Pressman, president and CEO, GE Real Estate (NYSE: GE), Stamford, Conn.; David P. Stockert, president and CEO, Post Properties, Inc. (NYSE: PPS), Atlanta; Thomas W. Toomey, president and CEO, United Dominion Realty Trust (NYSE: UDR), Littleton, Colo.; and, Scott A. Wolstein, chairman and CEO, Developers Diversified Realty Corporation (NYSE: DDR), Beachwood, Ohio.
Continuing their terms as members of the board of governors are: Andrew M. Alexander, president and CEO, Weingarten Realty Investors (NYSE: WRI), Houston; Bryce Blair, chairman and CEO, AvalonBay Communities, Inc. (NYSE: AVB) Alexandria, Va.; David M. Brain, president and CEO, Entertainment Properties Trust (NYSE: EPR), Kansas City, Mo.; John Bucksbaum, CEO, General Growth Properties, Inc. (NYSE: GGP), Chicago; Debra A. Cafaro, chairman, president and CEO, Ventas, Inc. (NYSE: VTR), Louisville, Ky; Richard J. Campo, chairman and CEO, Camden Property Trust (NYSE: CPT), Arthur M. Coppola, president and CEO, The Macerich Company (NYSE: MAC), Santa Monica, Calif.; Laurence S. Geller, president and CEO, Strategic Hotels and Resorts, Inc. (NYSE: BEE), Chicago; Randall M. Griffin, president and CEO, Corporate Office Properties Trust (NYSE: OFC), Columbia, Md; Keith R. Guericke, president and CEO, Essex Property Trust, Inc. (NYSE: ESS), Palo Alto, Calif.; Rick R. Holley, president and CEO, Plum Creek Timber Company, Inc. (NYSE: PCL), Seattle, Wash.; David H. Hoster II, president and CEO, EastGroup Properties, Inc. (NYSE: EGP), Jackson, Miss.; Charles B. Lebovitz, chairman and CEO, CBL & Associates Properties, Inc. (NYSE: CBL), Chattanooga, Tenn.; Alan M. Leventhal, chairman and CEO, Beacon Capital Partners, LLC, Boston; Peter S. Lowy, joint CEO, The Westfield Group (ASX: WDC), Los Angeles; David J. Neithercut, president and CEO, Equity Residential (NYSE: EQR), Chicago; Charles A. Ratner, president and CEO, Forest City Enterprises, Inc. (NYSE: FCE), Cleveland; Steven G. Rogers, president and CEO, Parkway Properties, Inc., (NYSE: PKY), Jackson, Miss.; Jeffrey H. Schwartz, CEO, ProLogis (NYSE: PLD), Denver; R. Scot Sellers, CEO, Archstone-Smith, Englewood, Colo.; David E. Simon, chairman and CEO, Simon Property Group (NYSE: SPG), Indianapolis; Martin E. Stein, Jr., chairman and CEO, Regency Centers Corporation (NYSE: REG), Jacksonville, Fla.; Jay Sugarman, chairman and CEO, iStar Financial Inc. (NYSE: SFI), New York; Gerard H. Sweeney, president and CEO, Brandywine Realty Trust (NYSE: BDN), Radnor, Pa.; Robert S. Taubman, chairman, president, and CEO, Taubman Centers, Inc. (NYSE: TCO), Bloomfield Hills, Mich.; C. Reynolds Thompson, III, CEO, Colonial Properties Trust (NYSE:CPT), Birmingham, Ala.; Garrett Thornburg, chairman and CEO, Thornburg Mortgage, Inc. (NYSE: TMA), Santa Fe, N.M.; and Donald C. Wood, president and CEO, Federal Realty Investment Trust (NYSE: FRT), Rockville, Md.
The National Association of Real Estate Investment Trusts® (NAREIT®) is the worldwide representative voice for REITs and listed real estate companies with an interest in the U.S. real estate and capital markets. Members are REITs and other businesses that own, operate and manage income-producing real estate, as well as those firms and individuals that advise, study and service those businesses. Visit our Web sites at www.nareit.com and www.investinreits.com.
NAREIT does not intend this press release to be a solicitation related to any particular company, nor does it intend to provide investment, legal or tax advice. Investors should consult with their own investment, legal or tax advisers regarding the appropriateness of investing in any of the securities or investment strategies discussed in this publication. Nothing herein should be construed to be an endorsement by NAREIT of any specific company or products or as an offer to sell or a solicitation to buy any security or other financial instrument or to participate in any trading strategy. NAREIT expressly disclaims any liability for the accuracy, timeliness or completeness of data in this publication. Unless otherwise indicated, all data are derived from, and apply only to, publicly traded securities. All values are unaudited and subject to revision. Any investment returns or performance data (past, hypothetical, or otherwise) are not necessarily indicative of future returns or performance.
Contact:
Ron Kuykendall or
Matthew Bechard
(202) 739-9400
1-800-3NAREIT
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