Nareit Leadership Team

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.

2019 Officers

Sandeep Mathrani
Brookfield Properties Retail
Vice Chairman
Brookfield Properties

Sandeep Mathrani is CEO of Brookfield Properties Retail and vice chairman, Brookfield Properties. For nearly eight years, Mathrani served as CEO of GGP Inc. and was part of the group that recapitalized GGP in November 2010. Prior to joining GGP in 2010, he was president of retail for Vornado Realty Trust. Before that, he spent nearly a decade as executive vice president at Forest City Ratner. Mathrani holds master of engineering, master of management science, and bachelor of engineering degrees from Stevens Institute of Technology.

First Vice Chair
Owen D. Thomas
Boston Properties, Inc.

Owen Thomas has served as CEO of Boston Properties since 2013. Prior to that, he served as chairman of the board of directors of Lehman Brothers Holdings Inc. from March 2012 until March 2013 and continues to serve as a member of the board. From 1987 until 2011, Thomas held various leadership positions at Morgan Stanley, He received a B.S. in mechanical engineering from the University of Virginia and an MBA from Harvard Business School.

Second Vice Chair
A. William Stein
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 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.

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.

Executive Board Members

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

Thomas J. Baltimore, Jr. serves as chairman, president and CEO of Park Hotels & Resorts Inc. He served most recently as president and CEO of RLJ Lodging Trust and as a member of its board of trustees. Baltimore co-founded RLJ Development, RLJ’s predecessor entity, and served as its president from 2000 until 2011. Previously, he held senior positions with Hilton Hotels Corp., Marriott Corp., and Host Marriott Services Corp. Baltimore received his B.S. degree from the McIntire School of Commerce, University of Virginia and his MBA degree from the Colgate Darden School of Business, University of Virginia.

James B. Connor
President & 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.

Maria R. Hawthorne
President & CEO
PS Business Parks, Inc.

Maria Hawthorne was named CEO of PS Business Parks in 2016 and has served as president since 2015. She has been with the company and its predecessors for more than three decades, having served numerous managerial roles during her tenure. She holds a B.A. from Pomona College in international relations.

Thomas M. Herzog
President & CEO
HCP, Inc.

Thomas Herzog has served as CEO since 2017 and has previously held the positions of executive vice president and CFO. Before joining HCP, 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 an MBA from Iowa State University and a B.A. in business administration from North Dakota State University.

Christopher P. Marr
President & CEO

Christopher Marr has been CEO of CubeSmart since 2014. Previously, he served as president, COO and CIO, having assumed the president and CIO roles in 2008 and, additionally, the COO role in May 2012. Marr joined the company in 2006, serving as CFO and treasurer until November 2008. Prior to joining CubeSmart, he was senior vice president and CFO of Brandywine Realty Trust from August 2002 to June 2006. Marr earned a B.A. from Loyola University.

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 trustees and is a member of the corporate governance and nominating committee of Liberty Property Trust and is a member of the Nareit’s Dividends Through Diversity Steering Committee.

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

Timothy J. Naughton is chairman, president and CEO of AvalonBay Communities and has been a director since September 2005. He has served as president since February 2005, CEO since January 2012, and chairman since May 2013. He has been with AvalonBay and its predecessors since 1989. Naughton received his MBA from Harvard Business School in 1987 and earned his undergraduate degree in economics with high distinction from the University of Virginia, where he was elected to Phi Beta Kappa.

Jeffrey S. Olson
Chairman, President & CEO
Urban Edge Properties

Jeffrey Olson joined Urban Edge Properties as chairman and CEO when the company spun off from Vornado Realty Trust in 2015. He served as CEO of Equity One, Inc. from 2006 to 2014. He was president of the eastern and western regions at Kimco Realty Corp. from 2002 to 2006. Olson has a B.S. in accounting from the University of Maryland, and a M.S. in real estate from Johns Hopkins University.

Lisa Palmer
President & CFO
Regency Centers Corporation

President since 2016 and CFO since 2013, Lisa Palmer 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 earned her MBA from The Wharton School of the University of Pennsylvania and received her B.A. in economics from the University of Virginia.

James F. Risoleo
President, CEO & Director
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 law degree from Duquesne University School of Law.

James D. Taiclet, Jr.
Chairman, President & CEO
American Tower Corporation

James Taiclet, Jr. is the chairman, president and CEO of American Tower Corporation. Prior to joining American Tower, Taiclet served as president of Honeywell Aerospace Services, a unit of Honeywell International, and prior to that as vice president, engine services at Pratt & Whitney, a unit of United Technologies Corp. Taiclet began his career as a United States Air Force officer and pilot and served in the Gulf War. He holds a masters degree from Princeton University, and is a graduate of the United States Air Force Academy with majors in engineering and international relations.

Nareit Officers are also members of the Executive Board.

Nareit Executive Staff

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.

Robert M. Pflieger
Executive Vice President, Marketing & Communications

Robert Pflieger is executive vice president, communications at Nareit. Pflieger has more than 30 years of experience in strategic communications. He came to Nareit in 2014 after a 14-year career with the National Association of Home Builders, where he held the position of senior vice president, communications. Prior to joining NAHB, Pflieger was a senior executive at Golin/Harris International, a global public relations firm. He started his career working as a political appointee in the Reagan Administration, first at the U.S. Trade Representative’s Office and later for the U.S. Department of Labor. He later joined the Construction Information Group at McGraw-Hill. Pflieger graduated from Georgetown University.

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.

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

Past Nareit Chairs

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.
Public Storage
Term: 2014

W. Edward Walter
Host Hotels & Resorts
Term: 2013

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

Bryce Blair
Harborview Associates, LLC
Term: 2011

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

Constance B. Moore
President & CEO
BRE Properties, Inc.
Term: 2009

Martin E. Stein, Jr.
Chairman & CEO
Regency Centers Corporation
Term: 2008

Arthur M. Coppola
Chairman & CEO
Term: 2007

R. Scot Sellers
Term: 2006

David E. Simon
Chairman & CEO
Simon Property Group, Inc.
Term: 2005

Hamid R. Moghadam
CEO & Chairman
Prologis, Inc.
Term: 2004

Steven Roth
Chairman & CEO
Vornado Realty Trust
Term: 2003

William D. Sanders
Strategic Growth Bank
Term: 2002

Warren E. Spieker, Jr.
Spieker Partners
Term: 2001

Samuel Zell
Equity Residential
Terms: 1999 & 2000

Steven J. Guttman
Term: 1998

Milton Cooper
Executive Chairman
Kimco Realty Corporation
Term: 1997

Stanford J. Alexander
Weingarten Realty Investors
Term: 1996

Kenneth B. Roath
Former Chairman
HCP, Inc.
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.

Nareit 2019 Advisory Board of Governors

Edward K. Aldag, Jr.
Chairman, President & CEO
Medical Properties Trust, Inc.
Peter E. Baccile
President & CEO
First Industrial Realty Trust, Inc.
William C. Bayless, Jr.
American Campus Communities, Inc.
Christopher Benjamin
President & CEO
Alexander & Baldwin, Inc.
H. Eric Bolton, Jr.
Chairman & CEO
Jon E. Bortz
Chairman & CEO
Pebblebrook Hotel Trust
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
Victor J. Coleman
Chairman & CEO
Hudson Pacific Properties, Inc.
Mark O. Decker, Jr.
President & CEO
Investors Real Estate Trust
Thomas J. DeRosa
Welltower Inc.
Daniel M. DuPree
Chairman & CEO
Preferred Apartment Communities, Inc.
Conor C. Flynn
President & CEO
Kimco Realty Corporation
Jason E. Fox
W. P. Carey Inc.
Susan Givens
New Senior Investment Group
Greta Guggenheim
TPG RE Finance Trust, Inc.
Kenneth A. Gunderman
President & CEO
Uniti Group, Inc.
Leslie D. Hale
President & CEO
RLJ Lodging Trust
William P. Hankowsky
Chairman, President & CEO
Liberty Property Trust
David A. Helfand
President & CEO
Equity Commonwealth
Mary Hogan-Preusse
Founder & Principal
Sturgis Partners LLC
Jackson Hsieh
CEO & President
Spirit Realty Capital
W. Matthew Kelly
John B. Kilroy, Jr.
Chairman, President & CEO
Kilroy Realty Corporation
Michael P. Landy
President & CEO
Monmouth Real Estate Investment Corporation
Joseph D. Margolis
Extra Space Storage, Inc.
Anne Segrest McCulloch
President & CEO
Housing Partnership Equity Trust REIT I, LLC
Paul T. McDermott
President & CEO
Washington REIT
William L. Meaney
President & CEO
Iron Mountain
E. Nelson Mills
Columbia Property Trust
Diane M. Morefield
CyrusOne Inc.
Jennifer W. Murphy
President & CEO 
Western Asset Mortgage Capital Corporation
Arlen D. Nordhagen
Chairman & CEO
National Storage Affiliates
David L. Nunes
President & CEO
Rayonier Inc.
Scott D. Peters
Chairman, CEO & President
Healthcare Trust of America, Inc.
Paul A. Pittman
Executive Chairman, President & CEO
Farmland Partners Inc.
Sherry L. Rexroad
Managing Director-Global REITs
Glenn J. Rufrano
President & CEO
Sherri W. Schugart
President & CEO
Hines Global Income Trust, Inc.
David J. Schulte
President & CEO
CorEnergy Infrastructure Trust
Gerard H. Sweeney
President & CEO
Brandywine Realty Trust
Amy L. Tait
Founder & Chairman
Broadstone Net Lease, Inc.
Steven B. Tanger
Tanger Factory Outlet Centers, Inc.
Robert S. Taubman
Chairman, President & CEO
Taubman Centers, Inc.
James M. Taylor Jr.
CEO & President
Brixmor Property Group Inc.
Christopher H. Volk
President & CEO
STORE Capital Corporation
Julian E. Whitehurst
President & CEO
National Retail Properties, Inc.

Nareit 2019 Council and Committee Heads

Best Financial Practices Council and Accounting Committee
Glenn Cohen , EVP, CFO and Treasurer, Kimco Realty Corporation
Tara Marszewski , SVP and CFO, Brookfield Property Partners
Robert Meyer, Jr ., SVP-Finance & Corporate Controller, American Tower Corporation

Dividends Through Diversity Initiative Steering Committee
Mary Hogan-Preusse , Founder and Principal, Sturgis Partners
Diane Morefield , CFO, CyrusOne
Sherry Rexroad , Managing Director - Global REITs, BlackRock,

Government Relations Committee
Jeffrey S. Clark , SVP-Tax & JV Accounting, Host Hotels & Resorts, Inc
Kristin R. Myers , VP-Tax, Cousins Properties
Brian K. Wood , SVP & Chief Tax Officer, Ventas, Inc.

Insurance Committee
Michael D. Horvath , Senior Vice President, Risk Management, Simon Property Group

mREIT Council
Byron Boston , President, CEO & Co-CIO, Dynex Capital
Phil Reinsch, President & CEO, Capstead

Multinational U.S. REIT Council
Tom Olinger , CFO, Prologis

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

Real Estate Investment Advisory Council
A William Stein , CEO, Digital Realty

Real Estate Sustainability Council
Ari Frankel , AVP - Sustainability & High-Performance Buildings, Alexandria Real Estate Equities

State & Local Tax Subcommittee
Joseph Gurney , Director, Deloitte Tax LLP
Tracy Swearingen , SVP-Taxation, Duke Realty Corporation