Executive Board

The Nareit Executive Board is Nareit’s policy and steering body, responsible for all long-term planning, financial budgets, investments, policy positions, and statements.

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Marguerite Nader

Chair

Marguerite M. Nader
President & CEO
Equity LifeStyle Properties, Inc.

Marguerite Nader is the President and CEO of Equity LifeStyle Properties, Inc. Nader has been with the company since 1993 and is a member of its management committee and board of directors. Nader was President and CFO prior to her appointment to CEO. She also serves on the Board of Directors and is a member of the Audit Committee of Ventas, Inc.

First Vice Chair

James B. Connor
Chairman & CEO
Duke Realty Corporation

James Connor was named CEO in 2016, after joining Duke Realty in 1998 and serving in several leadership positions. Under Connor’s leadership, the company repositioned from a diversified REIT with holdings in the industrial, office, retail, medical, and mixed-use sectors to focus solely on industrial. Before joining Duke Realty, Connor held numerous executive and brokerage positions with Cushman & Wakefield. He holds a bachelor’s degree in business administration and real estate finance from Western Illinois University.

Second Vice Chair

Lisa Palmer
President & CEO
Regency Centers Corporation

Lisa Palmer became CEO of Regency Centers in January 2020. She has been president of the company since January 2016, and served as CFO from January 2016 until August 2019. She previously held the roles of senior vice president of capital markets, senior manager of investment services, and vice president of capital markets. Prior to joining Regency, Palmer worked as a consultant with Accenture, formerly Andersen Consulting Strategic Services, and as a financial analyst for General Electric. She received her B.A. in economics from the University of Virginia, and earned her MBA from The Wharton School of the University of Pennsylvania.

Treasurer

W. Matthew Kelly
CEO
JBG SMITH

W. Matthew Kelly is the CEO and a member of the board at JBG SMITH. Kelly worked at JBG from August 2004 until the formation transaction and served as managing partner and a member of JBG's executive committee and investment committee from 2008 until the formation transaction. Prior to joining JBG, he was co-founder of ODAC Inc., a media software company, which he helped start in March 2000, and prior to that worked in private equity and investment banking as an analyst with Thomas H. Lee Partners and Goldman Sachs, & Co. Kelly received his B.A. with honors from Dartmouth College and an MBA from Harvard Business School.

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Nareit Officers are also members of the Executive Board.

Peter E. Baccile
President & CEO
First Industrial Realty Trust, Inc.

Peter Baccile became president of First Industrial Realty Trust in September 2016 and assumed the CEO position in December 2016. Prior to joining First Industrial Realty Trust, he served in various senior leadership roles during his 26-year tenure at J.P. Morgan, most recently as vice chairman of J.P. Morgan Securities Inc. He earned his B.S. degree from Cornell University and holds an MBA from the Fuqua School of Business at Duke University where he was a Fuqua Scholar.

Thomas A. Bartlett
President & CEO
American Tower Corporation

Thomas A. Bartlett serves as president and CEO of American Tower Corporation. He previously held the positions of executive vice president and CFO. Prior to joining American Tower, he served as both the corporate controller and treasurer with Verizon Communications, Inc. He also served in numerous operations and business development roles, including president and CEO of Bell Atlantic International Wireless, where he was responsible for wireless activities in North America, Latin America, Europe, and Asia. Bartlett earned a B.S. in engineering from Lehigh University and an MBA from Rutgers University.

Tamara D. Fischer
President & CEO
National Storage Affiliates

Tamara Fischer has served as an officer of National Storage Affiliates since its inception in 2013 and currently serves as president and CEO. She is also a member of NSA’s board of trustees and serves as chairman of the PRO Advisory Committee. Before joining NSA, Fischer served as executive vice president and CFO of Vintage Wine Trust, Inc. and as executive vice president and CFO of Chateau Communities, Inc. She is a certified public accountant (inactive) and graduated from Case Western Reserve University with a B.A. in business administration.

Conor Flynn headshot

Conor C. Flynn
CEO
Kimco Realty Corporation

Conor C. Flynn was named Chief Executive Officer of Kimco Realty and appointed to the Company’s Board of Directors in January 2016. Flynn joined Kimco in 2003 as an asset manager and has held a variety of senior leadership roles within the Company, including President, Chief Operating Officer, Chief Investment Officer and President, Western Region. Flynn is a founding member of Nareit’s Dividends Through Diversity, Equity & Inclusion CEO Council, and he is also a member of Real Estate Roundtable, Urban Land Institute, a trustee of Innovating Commerce Serving Communities (ICSC) and a member of ICSC’s executive board. Flynn holds a Bachelor of Arts degree in economics from Yale University and a Master’s degree in Real Estate Development from Columbia University.

Leslie Hale headshot

Leslie D. Hale
President & CEO
RLJ Lodging Trust

Leslie D. Hale is president and CEO of RLJ Lodging Trust. Since joining RLJ in 2005, Hale has held progressively senior roles at RLJ – she was appointed to Chief Financial Officer in 2007, Chief Operating Officer in 2016 and Chief Executive Officer in 2018. Hale helped to lead the execution of the initial public offering (IPO) of RLJ in 2011 and is on RLJ’s Board of Directors. Before joining RLJ, Hale held senior positions at GE in its Commercial Finance Mergers & Acquisitions Group and its Real Estate Strategic Capital Group, and she was also an investment banker with Goldman Sachs, advising on mergers, acquisitions and corporate finance. Hale currently serves on Macy’s, Inc.’s Board of Directors, is a Howard University Trustee and is a Board member of the Federal Reserve Bank of Richmond’s Baltimore Branch. Hale earned a BBA from Howard University (summa cum laude), and an MBA from Harvard Business School, where she was a Goldman Sachs and Toigo Fellow.

Thomas M. Herzog
CEO
Healthpeak Properties, Inc.

Thomas Herzog has served as CEO since 2017 and has previously held the positions of executive vice president and CFO. Before joining Healthpeak Properties, Herzog was CFO of UDR, Inc. He has also served in various CFO and chief accounting officer roles in the real estate industry. Herzog holds a B.A. in business administration from North Dakota State University and an MBA from Iowa State University.

mark Parrell headshot

Mark J. Parrell
President & CEO
Equity Residential

Mark J. Parrell is president, CEO, and trustee at Equity Residential. He has been CEO since January 2019, and president since September 2018. Parrell has worked in various finance capacities for Equity Residential since 1999, including as its CFO from October 2007 until September 2018. He currently serves on the Board of Directors for the Greater Chicago Food Depository, is a member of the Ross School Advisory Board for the Ross Business School at the University of Michigan, and is a member of the Urban Land Institute and National Multifamily Housing Council. Parrell received a B.B.A. from the University of Michigan and a J.D. from Georgetown University Law Center.

James F. Risoleo
President & CEO
Host Hotels & Resorts, Inc.

James Risoleo joined Host Hotels in 1996 and became president and CEO in 2017. Prior to becoming CEO, Risoleo led the company’s West Coast investment activities in addition to its European business activities. Prior to joining Host Hotels, Risoleo held positions at Interstate Hotels Corp. and Westinghouse Electric Corp. He received his B.S. from the Palumbo Donahue School of Business at Duquesne University and his J.D. from Duquesne University School of Law.

Sumit Roy
President & CEO
Realty Income Corporation

Sumit Roy has served as CEO since 2018, and president since 2015. He previously served as Realty Income’s COO from 2014 to 2018, and was CIO prior to that. Prior to joining Realty Income, Roy held a senior leadership role at UBS Investment Bank, worked in investment banking at Merrill Lynch, and as a principal in technology consulting at Cap Gemini. He has a bachelor’s and master’s degree in computer science, and also holds a master’s in business administration in finance and economics from the University of Chicago, Booth School of Business.

Michael J. Schall
President & CEO
Essex Property Trust, Inc.

Michael Schall is president, CEO, and a director of Essex Property Trust. He previously served as Essex’s senior executive vice president and COO from 2005 to 2010. From 1993 to 2005, he was CFO. He joined The Marcus & Millichap Company in 1986. He was also the CFO of Essex’s predecessor, Essex Property Corp. Schall received a B.S. from the University of San Francisco.

A. William Stein
CEO
Digital Realty

Prior to being named CEO in 2014, A. William Stein served as Digital Realty’s CFO and CIO. He has more than 30 years of leadership experience at a wide variety of companies, including GI Partners (Digital Realty’s predecessor private equity fund), the PNC Financial Services Group, and TriNet Corporate Realty Trust (now part of iStar Financial). Stein served as Nareit’s 2020 chair. Stein has a B.A. from Princeton University, a law degree from the University of Pittsburgh, and a MSC from the Tepper School of Business at Carnegie Mellon University.

James M. Taylor, Jr.
President & CEO
Brixmor Property Group, Inc.

Jim Taylor joined Brixmor Property Group in 2016, bringing more than 20 years of commercial real estate experience with him. His passion and leadership are grounded in a deep belief that retail shopping centers should do more than reflect the surrounding community: they should be an integral part of local daily life. In addition to his role with Nareit, Taylor is a trustee for the International Council of Shopping Centers (ICSC). He holds a B.A. and J.D. from the University of Virginia, and is a trustee for the university's Jefferson Trust.

Owen D. Thomas
CEO
Boston Properties, Inc.

Owen Thomas is the CEO and a director of Boston Properties. He is also a director of Lehman Brothers Holdings and served as its first chairman from 2012 until 2013 when he joined Boston Properties. Prior to Lehman, he was with Morgan Stanley for 24 years serving in a number of different leadership roles, business units, and locations. He is the global chairman of the Urban Land Institute, a director of the Urban Land Institute Foundation, a director of the Real Estate Roundtable, and a member of Nareit’s executive board. He attended and is a former trustee of Woodberry Forest School, received a B.S. in mechanical engineering from the University of Virginia, and an MBA from Harvard Business School.


 

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Nareit Officers are also members of the Executive Board.

Steven A. Wechsler
President & CEO

Steven Wechsler is Nareit's president and CEO. He joined Nareit in 1997 from the National Realty Committee (NRC), now known as The Real Estate Roundtable. He served as NRC's CEO from 1990 to 1997 and first joined NRC in 1983 as general counsel. Prior to joining NRC, Wechsler practiced law with Stein, Miller and Brodsky, and served as counsel to Thevenot, Murray and Scheer, a government relations consulting firm. He is a graduate of the Boston University School of Communications and the Cleveland State University College of Law.

Tony M. Edwards
Senior Executive Vice President

Tony Edwards is the senior executive vice president of Nareit. Before joining Nareit in 1993, Edwards was a tax partner in the Washington, D.C. office of Morrison & Foerster. From 1975 through 1979, Edwards was an attorney-adviser (tax) with the Interpretative Division of the Internal Revenue Service's Office of chief counsel. He received his B.A. degree, magna cum laude, from Lehigh University; his J.D. degree, with honors, from the University of Miami School of Law; and his L.L.M. in taxation from the Georgetown University Law Center.

Sheldon M. Groner
Executive Vice President, Finance & Operations

Sheldon Groner is Nareit's executive vice president, finance and operations. He joined Nareit in 1998 from the public policy organization Empower America, where he served as chief financial officer, treasurer and secretary. He was appointed to this position at the beginning of 1993. From 1990 to 1993, Groner served as controller of Xsirius, Inc. and its subsidiary Advanced Photonics, Inc. Prior to that, he spent several years as controller of Leasemark, Inc. and began his career at Price Waterhouse. Groner achieved his CPA in the state of Illinois and attended DePaul University in Chicago, where he was enrolled in the Eldred C. Strobel Scholars Program and received his bachelor's degree in accountancy.

John D. Worth
Executive Vice President, Research & Investor Outreach

John Worth is the executive vice president, research and investor outreach at Nareit. Prior to joining Nareit, Worth was the chief economist of the National Credit Union Administration from 2010 to 2015. Prior to joining NCUA, he spent nearly a decade at the U.S. Treasury where he served as the director of the Office of Microeconomic Analysis. Worth has also worked as a consultant for Welch Consulting and the RAND Corporation. He holds a Ph.D. in economics from the University of Southern California.

Cathy Barré
Executive Vice President & General Counsel

Cathy Barré is executive vice president and general counsel at Nareit. Prior to joining Nareit in 2015, Barré served in key senior positions in the public and private sectors, including tax counsel for the Senate Finance Committee, a senior executive role at the IRS, and director, associate general counsel, and tax counsel for the funds at Legg Mason Global Asset Management. She earned a B.S. in economics from the Wharton School at the University of Pennsylvania and was an Olin scholar in law and economics while earning her J.D. (order of the Coif) from the University of Virginia School of Law.

Matthew Bechard
Executive Vice President, Communications

Matthew Bechard is the executive vice president, communications and marketing at Nareit. Prior to joining Nareit in 2001, Bechard spent his career in business-to-business journalism focused on the marketing, publishing, and investment markets. He holds a BA in journalism from SUNY Plattsburgh.

Please visit the staff page to see the rest of the Nareit staff.

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Past Nareit Chairs

James F. Risoleo
President & CEO
Host Hotels & Resorts, Inc.
Term: 2021

A. William Stein
CEO
Digital Realty
Term: 2020

Sandeep Mathrani
Former CEO
Brookfield Properties Retail
Former Vice Chairman
Brookfield Properties
Term: 2019

Thomas J. Baltimore, Jr.
Chairman, CEO & President
Park Hotels & Resorts Inc.
Term: 2018

Timothy J. Naughton
Chairman, CEO & President
AvalonBay Communities, Inc.
Term: 2017

Edward J. Fritsch
President & CEO
Highwoods Properties
Term: 2016

David J. Neithercut
President & CEO
Equity Residential
Term: 2015

Ronald L. Havner, Jr.
CEO
Public Storage
Term: 2014

W. Edward Walter
CEO
Host Hotels & Resorts
Term: 2013

Donald C. Wood
President & CEO
Federal Realty Investment Trust
Term: 2012

Bryce Blair
President
Harborview Associates, LLC
Term: 2011

Debra A. Cafaro
Chairman & CEO
Ventas, Inc.
Term: 2010

Constance B. Moore
Term: 2009

Martin E. Stein, Jr.
Term: 2008

Arthur M. Coppola
Term: 2007

R. Scot Sellers
Term: 2006

David E. Simon
Term: 2005

Hamid R. Moghadam
Term: 2004

Steven Roth
Term: 2003

William D. Sanders
Term: 2002

Warren E. Spieker, Jr.
Term: 2001

Samuel Zell
Terms: 1999 & 2000

Steven J. Guttman
Term: 1998

Milton Cooper
Term: 1997

Stanford J. Alexander
Term: 1996

Kenneth B. Roath
Term: 1995

John P. McCann
Term: 1993 & 1994

William Newman
Term: 1991 & 1992

 

Advisory Board of Governors

The Advisory Board of Governors is the advisory body to the Executive Board and provides advice and assistance in all matters related to Nareit, the membership, and the REIT industry.

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Edward K. Aldag, Jr.
Chairman, President & CEO
Medical Properties Trust, Inc.

 

William C. Bayless, Jr.
CEO
American Campus Communities

 

Christopher J. Benjamin
President & CEO
Alexander & Baldwin, Inc.

 

H. Eric Bolton, Jr.
Chairman & CEO
MAA

 

Byron L. Boston
CEO, President & Co-CIO
Dynex Capital, Inc.

 

Jay A. Brown
President & CEO
Crown Castle International Corp.

 

Stephen E. Budorick
President & CEO
Corporate Office Properties Trust

 

Frank Cohen
Senior Managing Director
Blackstone
Chairman & CEO
Blackstone Real Estate Income Trust, Inc.

 

Lisa R. Cohn
President & General Counsel
Apartment Income REIT Corp.

 

Victor J. Coleman
Chairman & CEO
Hudson Pacific Properties, Inc.

 

M. Colin Connolly
President & CEO
Cousins Properties 

 

Mark O. Decker, Jr.
President & CEO
Centerspace

 

Mary Fedewa
President & CEO
STORE Capital Corporation

 

Jason E. Fox
CEO
W. P. Carey Inc.

 

Jennifer F. Francis
President & CEO
Diversified Healthcare Trust 

 

Marc C. Ganzi
President & CEO
DigitalBridge

 

Kenneth A. Gunderman
President & CEO
Uniti Group, Inc.

 

David A. Helfand
President & CEO
Equity Commonwealth

 

Mary Hogan-Preusse
Founder & Principal
Sturgis Partners LLC

 

Jackson Hsieh
CEO & President
Spirit Realty Capital

 

Lisa L. Kaufman
Managing Director & Global CEO
LaSalle Investment Management Securities

 

Katharine A. Keenan
CEO
Blackstone Mortgage Trust, Inc.

 

John B. Kilroy, Jr.
Chairman, President & CEO
Kilroy Realty Corporation

 

Brian W. Kingston
CEO
Brookfield Property Partners L.P.

 

John A. Kite
Chairman & CEO
Kite Realty Group Trust

 

Theodore J. Klinck
President & CEO
Highwoods Properties, Inc.

 

Michael P. Landy
President & CEO
Monmouth Real Estate Investment Corporation

 

David R. Lukes
President & CEO
SITE Centers

Joseph D. Margolis
CEO
Extra Space Storage, Inc.

 

Christopher P. Marr
President & CEO
CubeSmart

 

Anne Segrest McCulloch
President & CEO
Housing Partnership Equity Trust REIT I, LLC

 

Paul T. McDermott
President & CEO
Washington REIT

 

Sheila K. McGrath
Senior Managing Director
Evercore ISI

 

William L. Meaney
President & CEO
Iron Mountain

 

Charles J. Meyers
President & CEO
Equinix, Inc.
 

Shankh Mitra
CEO & CIO
Welltower Inc.

 

Diane M. Morefield
Board member
UDR

 

David L. Nunes
President & CEO
Rayonier Inc.

 

Thomas E. O’Hern
CEO
Macerich 

 

Jeffrey S. Olson
Chairman & CEO
Urban Edge Properties

 

C. Taylor Pickett
President & CEO
Omega Healthcare Investors, Inc.

 

Edward B. Pitoniak
CEO
VICI Properties, Inc.

 

Joseph D. Russell, Jr.
President & CEO
Public Storage

 

Benjamin W. Schall
President
AvalonBay Communities, Inc.

 

David J. Schulte
President & CEO
CorEnergy Infrastructure Trust

 

Gregory K. Silvers
President & CEO
EPR Properties

 

Wendy L. Simpson
Chairman, President & CEO
LTC Properties, Inc.

 

Devin W. Stockfish
President & CEO
Weyerhaeuser

 

Jeffrey A. Stoops
President & CEO
SBA Communications Corporation

 

Gerard H. Sweeney
President & CEO
Brandywine Realty Trust

 

Dallas B. Tanner
President & CEO 
Invitation Homes

 

Diane L. Wade
Principal
CBRE Clarion Securities

 

Sarah J. Wade
Managing Director, Co-Portfolio Manager
Nuveen Asset Management

 

Julian E. Whitehurst
President & CEO
National Retail Properties, Inc.

 

Bonnie Wongtrakool
CEO
Western Asset Mortgage Capital Corporation

 

 

 

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Audit and Investment Committee:
Chair: Edward B. Pitoniak, CEO, VICI Properties, Inc.
Mary Fedewa, President & CEO, STORE Capital Corporation
W. Matthew Kelly, CEO, JBG SMITH(serving in an ex-officio capacity as Nareit’s 2021 treasurer)

Best Financial Practices Council and Accounting Committee Co-Chairs:
Matthew DiLiberto, CFO, SL Green Realty Corporation
Lori Palazzolo, Managing Director, Chief Accounting Officer, Prologis, Inc.
Mike Walsh, SVP and Chief Accounting Officer, Boston Properties, Inc.

Communications Council Co-Chairs:
Melissa McNamara, VP, Head of Corporate Communications, Cousins Properties
Karen Noonan, Director, Internal Communications and Engagement, CubeSmart

Corporate Governance Council:
Chair: Kay L. Tidwell, EVP, General Counsel, and Chief Risk Officer, Hudson Pacific Properties, Inc.
Vice Chair: Scott. J Fenster, EVP and General Counsel, Equity Residential
Vice Chair: Samantha Sacks Gallagher, EVP and General Counsel, VICI Properties, Inc.

Dividends Through Diversity, Equity & Inclusion (DDEI) CEO Council:
Thomas J. Baltimore, Chairman, President and CEO, Park Hotels & Resorts, Inc.
Debra A. Cafaro, Chairman and CEO, Ventas, Inc.
A. William Stein, CEO, Digital Realty

Dividends Through Diversity, Equity & Inclusion Initiative Steering Committee Co-Chairs:
Mary Hogan-Preusse, Founder and Principal, Sturgis Partners LLC
Diane Morefield, Board Member, UDR, Inc.
Sherry L. Rexroad, CFO, STORE Capital Corporation

Government Relations Committee Co-Chairs:
William P. DeKlerk, VP, Tax, Essex Property Trust, Inc.
Puneet Sharma, Global Director, Tax, W.P. Carey, Inc.
Scott Winer, SVP-Tax, Park Hotels & Resorts

Insurance Committee Chair:
Janet Kerr, VP Risk Management, Boston Properties, Inc.

mREIT Council Executive Committee Chair:
Byron L. Boston, President, CEO, and Co-CIO, Dynex Capital Inc.

Multinational U.S. REIT Council :
Chair: Rodney M. Smith, EVP, CFO, and Treasurer, American Tower Corporation
Vice Chair: Marc J. Smernoff, EVP and CFO, Americold

Public Non-Listed REIT Council Executive Committee Chair:
C. Allan Swaringen, President and CEO, JLL Income Property Trust

Real Estate Investment Advisory Council Chair:
Lisa Palmer, President & CEO, Regency Centers Corporation

Real Estate Sustainability Council Chair and Vice Chair:
Chair: Kelly Meissner, Director-Sustainability, Ventas, Inc.
Vice Chair: Michael Chang, VP, Energy and Sustainability, Host Hotels & Resorts

Social Responsibility Council Co-Chairs:
Colleen McKeown, Chief Human Resources Officer, Prologis, Inc.
Carolyn Carter Singh, EVP and Chief Talent Officer, Brixmor Property Group, Inc.