Edition:
United States

Artis Real Estate Investment Trust (AX_u.TO)

AX_u.TO on Toronto Stock Exchange

12.80CAD
27 Sep 2016
Change (% chg)

-- (--)
Prev Close
$12.80
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
337,593
52-wk High
$13.84
52-wk Low
$10.45

Summary

Name Age Since Current Position

Edward Warkentin

66 Independent Chairman of the Board of Trustees

Armin Martens

61 President, Chief Executive Officer, Trustee

James Green

2004 Chief Financial Officer

David Johnson

Executive Vice President - Asset Management, Central Region

Frank Sherlock

Executive Vice President - Property Management

Dennis Wong

Executive Vice President - Asset Management, Western Region

Delmore Crewson

73 2006 Independent Trustee

Cornelius Martens

74 2014 Trustee

Ronald Rimer

55 2014 Independent Trustee

Patrick Ryan

63 2013 Independent Trustee

Victor Thielmann

61 2004 Independent Trustee

Wayne Townsend

62 2004 Independent Trustee

Biographies

Name Description

Edward Warkentin

Mr. Edward L. Warkentin, B.A., LL.B., serves as Independent Chairman of the Board of Trustees of Artis Real Estate Investment Trust. Edward Warkentin of Winnipeg, Manitoba, holds an undergraduate degree from the University of Winnipeg, a law degree from the University of Manitoba and has been a member of the Bars of Ontario and Manitoba for more than 35 years. Edward Warkentin is the former Managing Partner of Aikins, MacAulay & Thorvaldson LLP, practicing in the area of corporate and commercial law. He is a former director and Chair of Youth for Christ (Winnipeg) Inc., former director of Manitoba Mineral Resources Ltd. and former director of Grace Hospital Board of Management. Edward Warkentin is currently a director of Exchange Income Corporation, a TSX-listed issuer, and a director of All in West! Capital Corporation, a TSX Venture Exchange-listed issuer. He is also a director or officer of several private corporations, foundations and public partnerships.

Armin Martens

Mr. Armin Martens, P. Eng., MBA, serves as President, Chief Executive Officer and Trustee of Artis Real Estate Investment Trust. He has been actively involved in the construction, development and management of commercial real estate for over 25 years. He is the founding President and Chief Executive Officer of Artis REIT, a position he has held since 2005. Armin Martens obtained a Bachelor of Science (Civil Engineering) degree from the University of Manitoba. He is a registered professional engineer and holds an MBA degree from the International Institute for Management Development (IMD) in Lausanne, Switzerland. Armin Martens is a past director of Fortress Paper Ltd. (TSX:FTP), as well as the Bank of Canada, Canada’s central bank.

James Green

Mr. James Green, CA, serves as a Chief Financial Officer of Artis Real Estate Investment Trust. He is graduated from the University of Manitoba in 1976 with a Bachelor of Science degree. He joined Touche Ross & Co., Chartered Accountants and obtained his C.A. designation from the Institute of Chartered Accountants of Manitoba in 1981. Mr. Green joined the Marwest Group of Companies in 1981 and served in various capacities with Marwest, including providing the role of Chief Financial Officer of Artis since its inception. Effective January 1, 2012 Artis internalized management, and Mr. Green joined the REIT as full time employee of the REIT. Mr. Green has also served in a volunteer capacity on the board of directors of various charities and non-profit organizations.

David Johnson

Mr. David Johnson serves as Executive Vice President - Asset Management, Central Region of the Company. He oversees asset management in Manitoba and Saskatchewan and supervises the leasing of 5 million square feet of industrial property in Minnesota. In total his portfolio encompasses 96 properties totaling 9.9 million square feet. With 35 years of commercial real estate experience Mr. Johnson has a solid background in leasing, property & asset management and valuation of commercial properties. Prior to joining Artis he held senior real estate positions with MTS Inc. in Winnipeg and PPM Canada (Prudential Assurance) in Toronto. David is a graduate of the University of Manitoba.

Frank Sherlock

Mr. Frank Sherlock serves as Executive Vice President - Property Management of the Company. Prior to joining Artis, Mr. Sherlock was Vice President of Crown Property Management Inc. and responsible for business development, leasing, and property management of the Winnipeg portfolio. He is also a former Vice President and General Manager with Trizec Hahn as well as a Director of Real Estate Management with Oxford Properties Group. Mr. Sherlock graduated from the University of Calgary with a Bachelor of Commerce degree and has since earned both the Real Property Administrator (RPA) designation from BOMA and the Certified Shopping Centre Manager (CSM) designation from the International Council of Shopping Centres.

Dennis Wong

Mr. Dennis Wong serves as a Executive Vice President - Asset Management, Western Region of the Company. Mr. Wong has been actively involved in institutional commercial real estate across Canada from a debt and equity perspective since the 1980s. Prior to joining Artis, he was president of a major Canadian life insurance companies’ real estate and mortgage operation and in charge of a Canadian pension fund's real estate and mortgage operation. Mr. Wong is a Chartered Financial Analyst (CFA), holds a Bachelor of Commerce degree from the University of British Columbia, and holds the professional designations from the Real Estate Institute of British Columbia (RIBC) and Fellow Real Estate Institute (FRI).

Delmore Crewson

Mr. Delmore (Del) Crewson, FCPA, FCA , serves as a Independent Trustee of Artis Real Estate Investment Trust. Mr. Crewson is a former senior partner and Vice-Chair of Deloitte LLP. He is a member of the Institute of Chartered Accountants of Manitoba and has been elected as a “Fellow” of the Institute. Mr. Crewson serves on the Board of Directors and as Chair of the Audit Committee of the Wawanesa Group of Companies and Pollard Banknote Limited. He also chairs the Audit and Evaluations Committee for the Department of Finance, Canada, as well as chairs the Audit Committee of the Canadian Grain Commission. Mr. Crewson is a member of the Institute of Corporate Directors and a member of the Manitoba Chapter Advisory Board. He is the past President of the Institute of Chartered Accountants of Manitoba and is a former Canadian Institute of Chartered Accountants Board and Executive Committee member. Mr. Crewson has also served on numerous community boards and has held leadership positions in a number of organizations including the Manitoba Museum of Man and Nature and the Associates of the Faculty of Management, University of Manitoba. He also served as a Director on the Board of Management and chaired the Audit Committee of Canada Customs and Revenue Agency.

Cornelius Martens

Mr. Cornelius Martens, P. Eng., serves as Trustee of the Company. Cornelius Martens graduated from the University of Manitoba with a Bachelor of Science degree in Civil Engineering in 1965. In 1968, together with his father, he incorporated the company that is today known as the Marwest Group of Companies. Marwest is engaged in the development, construction and management of income producing properties including office buildings, shopping centres, residential and mixed use properties. Since its incorporation, Cornelius Martens has served as President and Chief Executive Officer of the various Marwest companies and is currently the President of Marwest Properties Ltd. He is also the co-founder and past Executive Vice President of Artis REIT, as well as being a director/ trustee.

Ronald Rimer

Mr. Ronald A. Rimer, CPA, CA., serves as an Independent Trustee of Artis Real Estate Investment Trust. since February 27, 2014. Ronald Rimer is Managing Director and co-founder of CSC Asset Management Inc., a company focusing on the management of student apartments in Canada. Previously Executive Director and Vice Chairman for Macquarie Capital Markets (Canada), Ronald Rimer was primarily responsible for developing and executing the investment banking and principal investing strategies for its Real Estate and Diversified Industries groups. He also held other senior positions while at Macquarie including Head of the company’s Equity Capital Markets and Private Capital Markets groups. Prior to joining Macquarie, Ronald Rimer held various senior positions over 11 years including six years as a top ranked real estate equity research analyst at BMO Capital Markets. Ronald Rimer also worked in the real estate industry over a 10 year period in senior finance roles at both Brookfield and The Lehndorff Group. Ronald Rimer was a member of the board of the Children’s Aid Foundation and served on the board of a private real estate company engaged in the ownership of manufactured communities. He has also been active in lecturing accounting and real estate valuation sessions at local colleges in Toronto, including being a co-lecturer at the Schulich School of Business focusing on real estate valuations and more recently having developed and instructed a real estate capital markets course for REALpac. Ronald Rimer holds an undergraduate degree in business from McGill University, a graduate Diploma in Public Accounting, and is a Chartered Accountant.

Patrick Ryan

Mr. Patrick Ryan J.D., serves as an Independent Trustee of Artis Real Estate Investment Trust., Since June 20, 2013. Patrick Ryan is the Chief Executive Officer and President of Ryan Companies US, Inc., a 77 year old company actively involved in the construction, development and management of commercial real estate in the United States. He is also a substantial owner of Ryan Companies US, Inc. Patrick Ryan graduated from the University of St. Thomas, St. Paul, Minnesota with a Bachelor of Arts Degree in Business Finance in 1975. In 1980, Patrick Ryan received a JD Degree from William Mitchell College of Law in St. Paul, Minnesota. Ryan Companies US, Inc. has 10 offices throughout the United States which engage in the construction, design, development and operation of commercial real estate. Patrick Ryan sits on a number of nonprofit boards and is currently a member of the board of directors of Mate, Inc., a privately held manufacturing company.

Victor Thielmann

Mr. Victor Thielmann, FEC, P. Eng., serves as Independent Trustee of Artis Real Estate Investment Trust. Mr. Victor Thielmann is the President and Chief Executive Officer of Nova 3 Engineering Ltd. and has over 37 years of experience in the electrical construction and professional consulting industry. Victor Thielmann holds a Bachelor of Science in Electrical Engineering from the University of Manitoba and is a practicing member of the Association of Professional Engineers and Geoscientists of Manitoba, as well as most Canadian provincial professional engineering associations and has received the Fellow designation from Engineers Canada. Victor Thielmann has obtained the title of Chartered Engineer from Engineers Ireland. Victor Thielmann is an active member of several international code and standard setting associations, including NFPA, SFPE and IEEE. He is a member of the Institute of Corporate Directors, Manitoba Chapter, and he is a former director of the Forks North Portage, a Canadian crown corporation owned by the municipal, provincial, and federal government.

Wayne Townsend

Mr. Wayne Townsend, CFP., serves as an Independent Trustee of Artis Real Estste Investment Trust. Mr. Wayne Townsend is a Partner at Lawton Partners Financial Planning Services Limited and has over 35 years of experience in the wealth management and insurance industry. Wayne Townsend holds a Bachelor of Arts from the University of Manitoba, the Certified Financial Planner (CFP) designation, the Chartered Life Underwriter (C.L.U.) designation, the Chartered Financial Consultants (Ch.F.C.) designation, Society of Trust and Estate Practitioners (TEP) and is a graduate of the Canadian Securities Course. Wayne Townsend is a founding partner of Value Partners Investments Inc. Past board activities include Vice-Chair of St. John’s-Ravenscourt School, Past Chairman at Misericordia General Hospital Foundation and Past Vice-Chair at Misericordia General Hospital. Wayne Townsend currently serves as a director/ trustee of Cardinal Capital Management, Lawton Partners and Artis.

Basic Compensation