Board of Governors

NAREIT 2012 Board of Governors

Chair
Donald C. Wood
President and CEO
Federal Realty Investment Trust

President & CEO
Steven A. Wechsler
NAREIT

First Vice Chair
W. Edward Walter
President and CEO
Host Hotels & Resorts, Inc.

Second Vice Chair
Ronald L. Havner, Jr.
Chairman, President and CEO
Public Storage, Inc.

Treasurer
Michael D. Fascitelli, III
President and CEOVornado Realty Trust

Michael D. Barnello
President and CEO
LaSalle Hotel Properties

Kenneth F. Bernstein
President and CEO
Acadia Realty Trust

Bruce W. Duncan
President and CEO
First Industrial Realty Trust

James F. Flaherty III
Chairman and CEO
HCP, Inc.

Michael F. Foust
CEO
Digital Realty

Daniel S. Fulton
President and CEO
Weyerhaeuser

Lawrence L. Gellerstedt, III
President and CEO
Cousins Properties Incorporated

Michael P. Glimcher
Chairman and CEO
Glimcher Realty Trust

Jonathan D. Gray
Senior Managing Director
Blackstone Real Estate Advisors

William P. Hankowsky
Chairman, President and CEO
Liberty Property Trust

Philip L. Hawkins
CEO
DCT Industrial Trust, Inc.

Thomas P. Heneghan
CEO
Equity Lifestyle Properties, Inc.

David B. Henry
President and CEO
Kimco Realty Corporation

Daniel B. Hurwitz
President and CEO
DDR Corp.

Andrew F. Jacobs
President and CEO
Capstead Mortgage Corporation

Thomas H. Lowder
Chairman and CEO
Colonial Properties Trust



Peter S. Lowy
Joint-CEO
The Westfield Group

Craig Macnab
Chairman and CEO
National Retail Properties Inc.

Joel S. Marcus
CEO
Alexandria Real Estate Equities, Inc.

Sandeep Mathrani
CEO
General Growth Properties

George F. McKenzie
President and CEO
Washington REIT

Timothy J. Naughton
President and Board Member
AvalonBay Communities, Inc.

Dennis D. Oklak
Chairman and CEO
Duke Realty Corporation

Jeffrey S. Olson
President and CEO
Equity One, Inc.

Adam D. Portnoy
President
CommonWealth REIT

Joseph D. Russell, Jr.
President and CEO
PS Business Parks, Inc.

Richard B. Saltzman
CEO
Colony Financial, Inc.

David P. Stockert
President and CEO
Post Properties, Inc.

Gerard H. Sweeney
President and CEO
Brandywine Realty Trust

Mark E. Zalatoris
President and CEO
Inland Real Estate Corporation

Mortimer B. Zuckerman
Chairman and CEO
Boston Properties, Inc.

Past Chairs

Stanford J. Alexander
Chairman
Weingarten Realty Investors
NAREIT Chair: 1996

Bryce Blair
Chairman and CEO
AvalonBay Communities, Inc.
NAREIT Chair: 2011

Debra A. Cafaro
Chairman, President and CEO
Ventas, Inc.
NAREIT Chair: 2010

Milton Cooper
Chairman and CEO
Kimco Realty Corporation
NAREIT Chair: 1997

Arthur M. Coppola
Chairman and CEO
Macerich
NAREIT Chair: 2007

Steven J. Guttman
Former Chairman and CEO
Federal Realty Investment Trust
NAREIT Chair: 1998

John P. McCann
Former Chairman
UDR, Inc.
NAREIT Chair: 1993 & 1994

Hamid R. Moghadam
Chairman and CEO
AMB Property Corporation
NAREIT Chair: 2004

Constance B. Moore
President and CEO
BRE Properties, Inc.
NAREIT Chair: 2009

William Newman
Former Chairman
New Plan
NAREIT Chair: 1991 & 1992

Kenneth B. Roath
Former Chairman
HCP, Inc.
NAREIT Chair: 1995

Steven Roth
Chairman
Vornado Realty Trust
NAREIT Chair: 2003

William D. Sanders
Co-Chairman
Verde Realty
NAREIT Chair: 2002 & 2003

R. Scot Sellers
CEO
Archstone
NAREIT Chair: 2006

David E. Simon
Chairman and CEO
Simon Property Group
NAREIT Chair: 2005

Warren E. (Ned) Spieker, Jr.
Partner
Spieker Partners
NAREIT Chair: 2001

Martin E. Stein, Jr.
Chairman and CEO
Regency Centers Corporation
NAREIT Chair: 2008

Samuel Zell
Chairman
Equity Group Investments, LLC
Equity Lifestyle Properties
Equity Residential PropertiesTrust
NAREIT Chair: 1999 & 2000