Our Nominating and Corporate Governance Committee
has recommended Allan J. Baum, Gordon F. DuGan, Marc Holliday, Gregory F. Hughes, Jeffrey E. Kelter
, Charles S. Laven and William H. Lenehan to our Board of Directors as nominees for election to serve as directors.
Following the recommendation of our Nominating and Corporate Governance Committee
, our Board of Directors has nominated Allan J. Baum, Gordon F. DuGan, Marc Holliday, Gregory F. Hughes, Jeffrey E. Kelter
, Charles S. Laven and William H. Lenehan to serve as directors.
Jeffrey E. Kelter
Jeffrey E. Kelter
Mr. Kelter has served as one of our directors since August 2004.
Mr. Kelter also serves as the Chairman of our Compensation Committee, as well as a member of our Nominating and Corporate Governance and Investment Committees.
Mr. Kelter has also served on a special committee of our Board.
Mr. Kelter has been a senior partner of KTR Capital Partners since 2004.
Previously, Mr. Kelter was President and Chief Executive Officer and a trustee of Keystone Property Trust (“Keystone”), an industrial REIT.
has over 20 years of experience in all phases of commercial real estate including development and third-party management.
Prior to forming Keystone, he served as President and Chief Executive Officer of Penn Square Properties, Inc. (“Penn Square”) in Philadelphia, Pennsylvania, a real estate company which he founded in 1982.
At Penn Square
developed, owned, managed and leased more than 4.5 million square feet of office and warehouse projects throughout the Pennsylvania and New Jersey markets.
Mr. Kelter received a B.A. from Trinity College.
Mr. Kelter’s qualifications to serve on our Board include his executive experience as President and Chief Executive Officer of Keystone and Penn Square, and his experience of over 20 years in commercial real estate.
Allan J. Baum, Jeffrey E. Kelter
, Gregory F. Hughes, Charles S. Laven and William H. Lenehan, representing a majority of its members, are independent of our management, as such term is defined by the rules of the NYSE and the SEC
Kelter (Chairman), Baum and Laven, each of whom is “independent” within the meaning of the rules of the NYSE.
Lenehan (Chairman), DuGan and Kelter.