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United States

Agree Realty Corp (ADC)

ADC on New York Consolidated

44.64USD
2 Dec 2016
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Summary

Name Age Since Current Position

Richard Agree

72 2013 Executive Chairman of the Board

Joey Agree

37 2013 President, Chief Executive Officer, Director

Matthew Partridge

32 2016 Chief Financial Officer, Executive Vice President, Secretary

Laith Hermiz

45 2015 Chief Operating Officer, Executive Vice President

Daniel Ravid

2015 Chief Administrative Officer, Treasurer

Merrie Frankel

2016 Director

Farris Kalil

76 1993 Independent Director

John Rakolta

67 2011 Independent Director

Jerome Rossi

71 2015 Independent Director

William Rubenfaer

70 2007 Independent Director

Leon Schurgin

73 2004 Independent Director

Eugene Silverman

82 1994 Independent Director

Biographies

Name Description

Richard Agree

Mr. Richard Agree is the Executive Chairman of the Board of Agree Realty Corporation. From December 1993 until January 2013, he was our Chief Executive Officer and Chairman of the Board of Directors. Prior thereto, he worked as managing partner of the general partnerships which held our properties prior to the formation of our Company and the initial public offering and was President of the predecessor company since 1971. Mr. Richard Agree has managed and overseen the development of over 5,000,000 square feet of anchored shopping center space during the past 40 years. He is a graduate of the Detroit College of Law, a member of the State Bar of Michigan and the International Council of Shopping Centers.

Joey Agree

Mr. Joey Agree is the President, Chief Executive Officer, Director of Agree Realty Corporation. He was appointed as Chief Executive Officer in January 2013, and prior to that date he served as Chief Operating Officer since June 2009. Prior to being promoted to President and Chief Operating Officer, Mr. Joey Agree served as our Executive Vice President since January 2006. Prior to being appointed to this position, Mr. Joey Agree supervised our development and acquisition activities. He is a member of the State Bar of Michigan and the International Council of Shopping Centers. He holds a J.D. from Wayne State University Law School and a B.A. in Political Science from the University of Michigan.

Matthew Partridge

Mr. Matthew M. Partridge is Chief Financial Officer, Executive Vice President, Secretary of the Company., effective January 11, 2016. Mr. Partridge is currently the Vice President of Finance at Pebblebrook Hotel Trust a publicly traded real estate investment trust where he was responsible for strategic planning, capital markets activities, risk management and investor relations. Prior to joining Pebblebrook he held positions at Phillips Edison & Company focusing on acquisitions and investment management and at Huron Consulting Group.

Laith Hermiz

Mr. Laith M. Hermiz is Chief Operating Officer, Executive Vice President of the Company. Mr. Hermiz is responsible for implementing and directing new development and redevelopment projects, supervision and oversight of our leasing and asset management activities, as well as formulating and determining our long-term asset strategy. Prior to joining our Company, Mr. Hermiz served as Vice President Development/Redevelopment of Ramco-Gershenson Properties Trust from July 2007 to April 2010. Previously, Mr. Hermiz was Managing Director of Joseph Freed and Associates LLC from April 2004 to July 2007. Mr. Hermiz holds a Bachelor of Science degree from Loyola University — Chicago and a Juris Doctorate degree from University of Detroit-Mercy School of Law. He is a licensed attorney and real estate broker in the State of Michigan and is an active member of the State Bar of Michigan and the International Council of Shopping Centers.

Daniel Ravid

Mr. Daniel Ravid has been appointed as Chief Administrative Officer and Treasurer of the Company. Mr. Ravid has 26 years of experience in business management, strategy, accounting, finance, and compliance and has held various executive management roles in high-growth middle market companies, as well as positions at FTI Consulting and Pricewaterhouse Coopers. He has been working with the Company on a consulting basis over the course of the last two years. He will oversee the Company's accounting, treasury, and human resources activities. Mr. Ravid has an MBA from the University of Michigan and is a Certified Public Accountant.

Merrie Frankel

Ms. Merrie S. Frankel has been appointed as Director of the Company., effective October 1, 2016. Ms. Frankel most recently spent the last 18 years at Moody’s Investors Service in the Commercial Real Estate Finance Group as Vice President and Senior Credit Officer, where she was responsible for rating real estate investment trusts and real estate operating companies. Prior to her time at Moody’s, she was Senior Vice President and Director of Portfolio Management for the Argo Funds and also held numerous positions within the real estate industry at notable companies including Ernst & Young, Cushman & Wakefield, J.P. Morgan Securities and Salomon Brothers Inc. Ms. Frankel is currently an adjunct professor at Columbia University’s Graduate School of Architecture, Planning and Preservation and New York University’s Schack Institute of Real Estate. She holds a J.D. and M.B.A. degree from Hofstra University and graduated with a B.A. in English from the University of Pennsylvania with numerous honors. Among her industry affiliations, she is a board member and treasurer of the Women Executives in Real Estate (WX) Charitable Fund, has served as a Trustee and chaired the New York District Council for the Urban Land Institute (ULI) and chaired the nominating committee for the Financial Women’s Association of New York (FWA).

Farris Kalil

Mr. Farris G. Kalil is an Independent Director of Agree Realty Corporation. Mr. Kalil has been a financial consultant since June 1999. From November 1996 until his retirement in May 1999, Mr. Kalil served as Director of Business Development for the Commercial Lending Division of Michigan National Bank, a national banking institution. From May 1994 to November 1996, Mr. Kalil served as a Senior Vice President for Commercial Lending at First of America Bank — Southeast Michigan, N.A. Prior thereto, Mr. Kalil served as a Senior Vice President of Michigan National Bank where he headed the Commercial Real Estate Division, Corporate Special Loans, Real Estate Asset Management/Real Estate Owned Group, and the Government Insured Multi-Family Department. Mr. Kalil received his B.S. from Wayne State University and continued his education at the Northwestern University School of Mortgage Banking.

John Rakolta

Mr. John Rakolta, Jr., is an Independent Director of Agree Realty Corporation. Mr. Rakolta is the chairman and chief executive officer of Walbridge, a “Top 50” privately-held construction company founded in Detroit in 1916. Mr. Rakolta serves as a director on the boards of The Community Foundation for Southeast Michigan, Detroit Downtown Partnership and Business Leaders for Michigan. He is an Executive Committee member of the Michigan Economic Development Corporation. Mr. Rakolta was appointed Romania’s Honorary Consul General to the United States in 1998. He received a Bachelor of Science degree in Civil Engineering from Marquette University in 1970.

Jerome Rossi

Mr. Jerome R. Rossi is an Independent Director of Agree Realty Corporation. Mr. Rossi was Senior Executive Vice President and Group President of The TJX Companies from 2005 until he retired on January 31, 2015. He served as Chief Operating Officer of HomeGoods from 2000 to 2005, Executive Vice President and Chief Operating Officer of The Marmaxx Group from 1995 to 2000 and President and Chief Executive Officer of Marshalls from 1990 to 1995. Mr. Rossi began his career in 1967 as a Certified Public Accountant with Arthur Young & Co. Mr. Rossi currently serves on the Board of Directors of Home Base, the Board of Advisors at Bentley College, the Board of Directors at Bethany Hill School, the Board of Overseers at Newton Wellesley Hospital and the Board of Overseers at Beth Israel Hospital.

William Rubenfaer

Mr. William S. Rubenfaer is an Independent Director of Agree Realty Corporation. He is a partner in the certified public accounting firm of Rubenfaer & Associates, P.C., which he founded in 1979. He is also the managing member of Sage Capital Management, L.L.C., a registered investment advisory firm. He is active in community activities, including serving as a past president and board member of the Bloomfield Hills, Michigan School District. Mr. Rubenfaer is a certified public accountant and a member of the American Institute of Certified Public Accountants and the Michigan Association of CPAs.

Leon Schurgin

Mr. Leon M. Schurgin is an Independent Director of Agree Realty Corporation. He has served as of counsel to the law firm of Dawda, Mann, Mulcahy & Sadler, PLC since September 2012. Prior to September 2012 he was a member in the law firm of Bodman, PLC, one of Michigan’s largest law firms, since 2007. Mr. Schurgin holds a Bachelors Degree in Business Administration from the University of Michigan, a Juris Doctorate Degree, Magna Cum Laude, from Wayne State University and a Masters of Law Degree in Taxation from Wayne State University. He is also a certified public accountant.

Eugene Silverman

Mr. Eugene (Gene) Silverman is no longer an Independent Director of Agree Realty Corporation. Mr. Silverman has been a consultant to the entertainment industry since 1996. From July 1993 until his retirement in December 1995, Mr. Silverman served as the President and Chief Executive Officer of Polygram Video, USA, a division of Polygram N.V., a NYSE-listed company. Prior thereto, he was Senior Vice President of sales at Orion Home Video from 1987 through 1992.