Edition:
United States

UDR Inc (UDR)

UDR on New York Consolidated

38.01USD
22 Sep 2017
Change (% chg)

$-0.14 (-0.37%)
Prev Close
$38.15
Open
$38.25
Day's High
$38.30
Day's Low
$37.93
Volume
705,416
Avg. Vol
1,283,057
52-wk High
$40.71
52-wk Low
$32.79

Summary

Name Age Since Current Position

James Klingbeil

81 2010 Independent Chairman of the Board

Thomas Toomey

56 2001 President, Chief Executive Officer, Director

Lynne Sagalyn

69 2010 Independent Vice Chairman of the Board

Joseph Fisher

37 2017 Chief Financial Officer, Senior Vice President, Principal Financial Officer

Jerry Davis

54 2013 Chief Operating Officer, Senior Vice President

Warren Troupe

63 2013 Senior Executive Vice President

Harry Alcock

54 2010 Senior Vice President - Asset Management

Shawn Johnston

37

Tracy Hofmeister

46 2017 Interim Principal Accounting Officer, Vice President, Controller

Katherine Cattanach

72 2006 Independent Director

Robert Freeman

71 1998 Independent Director

Jon Grove

72 1998 Independent Director

Mary King

64 2015 Independent Director

Clinton McDonnough

61 2016 Independent Director

Robert McNamara

62 2014 Independent Director

Mark Patterson

56 2014 Independent Director

Christopher Van Ens

2017 Vice President - Investor Relations

Biographies

Name Description

James Klingbeil

Mr. James D. Klingbeil is an Independent Chairman of the Board of Udr Inc., since March 2010. Mr. Klingbeil has been the Chairman of the Board of Directors since March 2010, having served as the Vice Chairman of the Board from October 2000 until March 2010. He also serves as Chairman and Chief Executive Officer of Klingbeil Multifamily Fund IV, Klingbeil Multifamily Fund V (f/k/a American Apartment Communities III), Klingbeil Multifamily Fund VI, Klingbeil Multifamily Fund VII and Klingbeil Multifamily Fund VIII. He was Chairman and Chief Executive Officer of American Apartment Communities II from 1995 until its merger with the Company in December of 1998. He is also Chairman and Chief Executive Officer of Klingbeil Capital Management and The Klingbeil Company. He currently serves as a director of Broad Street Financial and numerous other private companies. He is also the past Chairman and a lifetime member of the Board of Trustees of the Urban Land Institute and Chairman of the ULI Foundation Board. Mr. Klingbeil has been active in nearly every aspect of real estate investment, development and management for almost 50 years, with a special focus on building, acquiring, managing and/or selling multifamily communities. He was Chairman and Chief Executive Officer of American Apartment Communities II.

Thomas Toomey

Mr. Thomas W. Toomey is President, Chief Executive Officer, and Director of Udr Inc. Prior to heading UDR, Mr. Toomey held various senior positions, including Chief Operating Officer and Chief Financial Officer, with AIMCO (NYSE), a multifamily REIT peer. At AIMCO, Mr. Toomey was instrumental in transforming the company into the largest apartment owner in the U.S., growing its portfolio ten-fold over his tenure. Prior to AIMCO, Mr. Toomey served as a Senior Vice President with Lincoln Property Company, a multifaceted, national real estate firm, for five years. Mr. Toomey served on the board of directors and was a member of the audit committee of The Ryland Group, Inc. (NYSE), a home builder, from December 2013 until its merger with Standard Pacific in October 2015. As a leader in the real estate industry, Mr. Toomey is Global Chair-Elect, a Trustee, Governor and Board member of the Urban Land Institute (ULI), a member of the Board of Governors of the National Association of Real Estate Investment Trusts (NAREIT), on the Executive Committee of the National Multi Housing Council (NMHC), a member of The Real Estate Roundtable and is Chair-Elect and a Trustee of the Oregon State University Foundation.

Lynne Sagalyn

Dr. Lynne B. Sagalyn, Ph.D., is an Independent Vice Chairman of the Board of Udr, Inc. She has been the Earle W. Kazis and Benjamin Schore Professor of Real Estate and Director of the Paul Milstein Center for Real Estate at Columbia Business School since July 2008, positions she also held from 1992 through 2003. From January 2004 to July 2008 she was a Professor of Real Estate Development and Planning at the University of Pennsylvania, with appointments in both the School of Design (City Planning) and the Wharton School (Real Estate). She was an Associate Professor of Planning and Real Estate Development at Massachusetts Institute of Technology. Dr. Sagalyn is a director and Chair of the audit committee of Capital Trust, Inc. (NYSE), a public real estate investment trust that specializes in real estate lending. She also serves on the board of directors of the Regional Plan Association of New York, an independent not-for-profit regional planning organization. Dr. Sagalyn also serves on the audit committee of New York City Planned Parenthood. In addition, she has also served on the New York City Board of Education Chancellor’s Commission on the Capital Plan, and the Advisory Board of Goldman Family Enterprises.

Joseph Fisher

Mr. Joseph D. Fisher has been appointed as Chief Financial Officer, Senior Vice President, Principal Financial Officer of the Company effective as of January 1, 2017. Mr. Fisher oversees the areas of accounting, tax, financial planning and analysis, investor relations and SEC reporting. He joined us in January 2017 as Senior Vice President — Chief Financial Officer. Mr. Fisher previously served as Co-Head of the Americas and Co-Lead Portfolio Manager at Deutsche Asset and Wealth Management since 2007. Prior to serving in those positions, he was Associate, Structured Debt Investments from April 2005 to June 2007, and Portfolio Analyst, Portfolio Management Group from May 2004 to June 2006. From June 2003 to May 2004, Mr. Fisher was an Asset Management Analyst at Principal Real Estate Investors.

Jerry Davis

Mr. Jerry A. Davis is Chief Operating Officer, Senior Vice President of Udr, Inc., Mr. Davis oversees property operations, human resources and technology. He originally joined us in March 1989 as Controller and subsequently moved into Operations as an Area Director and in 2001 he accepted the position of Chief Operating Officer of JH Management Co., a California-based apartment company. He returned to the Company in August 2002 and, in 2013, Mr. Davis was promoted to Senior Vice President — Chief Operating Officer. He began his career in 1984 as a Staff Accountant for Arthur Young & Co. He currently serves as a member of the Executive Council of the NMHC, and is on the Board of Directors of the National Apartment Association.

Warren Troupe

Mr. Warren L. Troupe is Senior Executive Vice President of Udr, Inc., Mr. Troupe oversees all financial, treasury, compliance and legal functions of the Company. He joined us in March 2008 as Senior Executive Vice President. In May 2008, he was appointed the Company’s Corporate Compliance Officer and in October 2008 he was named the Company’s Corporate Secretary. Prior to joining us, Mr. Troupe was a partner with Morrison & Forester LLP from 1997 to 2008. He currently serves as a member of the Executive Committee of the National Multifamily Housing Council (NMHC), and is a member of the Urban Land Institute.

Harry Alcock

Mr. Harry G. Alcock is Senior Vice President - Asset Management of Udr, Inc., Prior to joining the Company, Mr. Alcock oversees the Company’s acquisitions, dispositions, development, redevelopment and asset management. He joined us in December 2010 as Senior Vice President — Asset Management and in February 2017 was promoted to Senior Vice President — Chief Investment Officer. Prior to joining the Company, Mr. Alcock was with AIMCO for over 16 years, serving most recently as Executive Vice President, Co-Head of Transactions and Asset Management. He was appointed Executive Vice President and Chief Investment Officer in 1999, a position he held through 2007. Mr. Alcock established and chaired AIMCO’s Investment Committee, established the portfolio management function and at various times led the property debt and redevelopment departments. He currently serves as a member of the Executive Council of the NMHC, and is a member of the Multifamily Gold Council for Urban Land Institute.

Shawn Johnston

Mr. Shawn G. Johnston is no longer a Chief Accounting Officer, Vice President of the Company effective August 4, 2017. He was Interim Principal Financial Officer, Chief Accounting Officer, Vice President of the Company. Mr. Johnston joined the Company in September 2013 as the Vice President - Controller. Mr. Johnston previously served as Chief Accounting Officer at American Residential Communities from 2010 to 2013. Prior to that, he was a Senior Manager in the audit and assurance practice for Ernst & Young LLP, specializing in real estate. Mr. Johnston is a Certified Public Accountant and a graduate of the University of Denver.

Tracy Hofmeister

Mr. Tracy L. Hofmeister has been appointed as Interim Principal Accounting Officer, Vice President, Controller of the Company effective August 4, 2017. He currently serves as Vice President, Controller of the Company. Mr. Hofmeister joined the Company in March, 2013 as Vice President – Technical Accounting and SEC Reporting and became Vice President – Controller in March, 2016. Mr. Hofmeister is a Certified Public Accountant and a graduate of the University of Colorado.

Katherine Cattanach

Dr. Katherine A. Cattanach, Ph.D., is an Independent Director of Udr, Inc.Dr. Cattanach was a General Partner of INVESCO Private Capital, Inc. (formerly Sovereign Financial Services, Inc.), a company specializing in private equity investments, from 1987 to 2005. From 2005 to March 2006, she served as a director and member of the audit and compensation committees of Collect America, Ltd. She is currently a member and Chair of the Denver Museum of Nature and Science Foundation Board and a member, former director and President of the Denver Society of Security Analysts. She is active in and serves as a member of numerous charitable organizations. She has a Ph.D. in Finance and she has served on the faculty of the College of Business at the University of Denver and as an Associate Professor of Finance at the University of Denver’s Graduate School of Business. She has served as a member of several corporate boards and board committees and on several partnership advisory boards. She has executive management experience, having served as Founder and Chief Executive Officer of Sovereign Financial Services, Inc. and as Executive Vice President of Captiva Corporation.

Robert Freeman

Mr. Robert P. Freeman is an Independent Director of Udr, Inc., since 1998. Mr. Freeman has served as Senior Managing Director and Principal of Greyfields Investors LLC, a real estate private equity company, since 2007. Mr. Freeman was a Managing Director of Wells Hill Partners, Ltd., a real estate investment banking firm, from 1999-2001 and a Managing Director of Lazard Frères & Co. LLC, a private investment bank, and President of Lazard Frères Real Estate Investors, L.L.C., a real estate investment company, from 1992 to 1999. Each of the companies mentioned is based in New York, New York. He is active in and serves as a director of numerous private companies and charitable organizations. He has also served as President and Chief Executive Officer of two publicly traded real estate companies with national portfolios.

Jon Grove

Mr. Jon A. Grove is an Independent Director of Udr, Inc., since 1998. Mr. Grove was the Chairman, President and Chief Executive Officer of ASR Investments Corporation since its organization in 1987 until the Company's acquisition of ASR in 1998. He currently serves as Chairman and director of American Southwest Holdings, LLC and SecurNet Mortgage Securities LLC, both located in Phoenix, Arizona.

Mary King

Ms. Mary Ann King is Independent Director of UDR, Inc. She is the President of Moran & Company, a national brokerage firm specializing in the sale of large multifamily properties and mixed-use properties with significant multifamily components. She co-founded this brokerage business in 1994 with Thomas F. Moran and has been its President since 2002. She is responsible for the firm's California practice. Prior to forming the brokerage business, Ms. King was the VP of acquisitions for Moran & Company's private equity business between 1983 and 1994. She was a lending officer at Continental Illinois National Bank and Trust Company of Chicago from 1977-1983. Ms. King is an Executive Committee Member of the Board of Directors for the National Multi Housing Council (NMHC), an organization she chaired from 2006-2008. She is also a member of The Urban Land Institute, a member of the Advisory Board for Sack Properties and a member of the Executive Committee of the Board of Directors of Over the Rainbow Association, an Illinois non-profit that develops independent living solutions for people with physical disabilities.

Clinton McDonnough

Mr. Clinton D. McDonnough is Independent Director of UDR, Inc. Mr. McDonnough served 38 years for Ernst & Young LLP before retiring in June, 2015. In his role as Office Managing Partner for Dallas, TX, he was responsible for leading all day-to-day practice operations in one of the firm’s largest markets. Prior to serving as the Office Managing Partner, Mr. McDonnough was the firm’s Managing Partner of Assurance & Advisory Business Services for the Southwest Area practice. Mr. McDonnough also served as the firm’s National Director of Real Estate Advisory Services, creating a unified national real estate consulting practice and was focused on development and implementation of new services. Mr. McDonnough is the chairman for The Dallas Citizens Council and serves on the Board of the Dallas Education Foundation, Methodist Health System, Dallas Regional Chamber and Education Committee, the Development Board for the University of Texas at Dallas, the Dallas Community College Board and the CEO Advisory Council for the Dallas Arboretum and Botanical Society.

Robert McNamara

Mr. Robert A. McNamara is an Independent Director of UDR, Inc. Mr. McNamara has been CEO Americas of the Lend Lease Corporation since 2010. Prior to this position, Mr. McNamara served as Chairman and CEO of Penhall/LVI International (2006 to 2010). Before joining Penhall/LVI International, Mr. McNamara held various positions at Fluor Corporation from 1996 to 2006, including Senior Executive and Senior Group President. Mr. McNamara began his career at Marshall Contractors, Inc., where he held various positions from 1977 to 1996. Mr. McNamara represents Lend Lease Corporation on the Construction Users Roundtable and is Chairman for the Construction Industry Institute’s Technology Implementation Task Force.

Mark Patterson

Mr. Mark R. Patterson is an Independent Director of UDR, Inc., effective January 1, 2014. He has been CEO and Director at Boomerang Systems, Inc., a leading U.S. manufacturer of automated parking systems and fully automated self-storage systems since 2010. Prior to joining Boomerang Systems, Mr. Patterson was a real estate consultant (2009 to 2010) and had spent five years at Merrill Lynch (2005 to 2009), where his titles included Co-Head of Global Commercial Real Estate and Global Head of Real Estate Investment Banking. Before joining Merrill Lynch, Mr. Patterson was with Citigroup from 1989 to 2005, where he was the Global Head of Real Estate Investment Banking since 1996. Prior to this, Mr. Patterson served in various roles at Chemical Realty Trust and Arthur Andersen and Company. Since 2011, Mr. Patterson has served as a director of General Growth Properties, Inc.

Christopher Van Ens

Basic Compensation