NAREIT has announced the election of its 2017 officers, as well as the members of its Executive Board, Advisory Board of Governors, and Audit and Investment Committee.
NAREIT’s new Chair is Timothy Naughton, chairman and CEO of AvalonBay Communities, Inc. (NYSE: AVB). Naughton takes over from Edward Fritsch, president and CEO of Highwoods Properties, Inc. (NYSE: HIW).
“I am pleased and honored to have the opportunity to serve our industry as NAREIT’s 2017 Chair,” Naughton said. “Coming into this office, I have a solid foundation on which to build. My predecessors who served as Chair have achieved a great deal on behalf of our industry.”
Naughton said he plans to continue to build awareness among all audiences for the importance of REITs as a core investment; as an economic contributor; and as an engine of job creation and growth.
Other NAREIT officers for 2017 are:
- First Vice Chair Thomas Baltimore Jr., Hilton Worldwide, Inc.;
- Second Vice Chair Sandeep Mathrani, CEO, General Growth Properties, Inc. (NYSE: GGP); and
- Treasurer Owen Thomas, CEO, Boston Properties, Inc. (NYSE: BXP).
All of NAREIT’s officers also are members of its Executive Board.
Also serving on NAREIT’s 2017 Executive Board are: Michael Barnello, president and CEO, LaSalle Hotel Properties (NYSE: LHO); John Case, CEO, Realty Income Corp. (NYSE: O) ; Edward Fritsch, president and CEO, Highwoods Properties, Inc. (NYSE:HIW); William Hankowsky, chairman, president and CEO, Liberty Property Trust (NYSE: LPT) ; Joel Marcus, chairman, CEO and founder, Alexandria Real Estate Equities, Inc. (NYSE: ARE); David Neithercut, president and CEO, Equity Residential (NYSE:EQR); Michael Schall, president and CEO, Essex Property Trust (NYSE:ESS); Doyle Simons, president and CEO, Weyerhaeuser (NYSE: WY); A. William Stein, CEO, Digital Realty Trust, Inc. (NYSE: DLR) ; James Taiclet, Jr., chairman, president and CEO, American Tower Corp. (NYSE: AMT); and Robert Taubman, chairman, president and CEO, Taubman Centers, Inc. (NYSE: TCO).
Serving on NAREIT’s 2017 Audit and Investment Committee are: Committee Chair Christopher Marr, president and CEO, CubeSmart L.P (NYSE: CUBE); Sean Reilly, CEO, Lamar Advertising Co. (NASDAQ: LAMR); and Owen Thomas, CEO, Boston Properties, Inc. (NYSE: BXP), serving in an ex-officio capacity as NAREIT’s 2017 Treasurer.