Edition:
United States

Eastgroup Properties Inc (EGP)

EGP on New York Consolidated

73.32USD
27 Sep 2016
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Summary

Name Age Since Current Position

David Hoster

70 2016 Independent Chairman of the Board

Marshall Loeb

53 2016 President, Chief Executive Officer, Independent Director

N. Keith McKey

65 1997 Chief Financial Officer, Executive Vice President, Secretary, Treasurer

C. Bruce Corkern

54 2015 Senior Vice President, Chief Accounting Officer, Controller

John Coleman

56 2001 Senior Vice President

William Petsas

58 2000 Senior Vice President

Brent Wood

46 2003 Senior Vice President

H. Eric Bolton

59 2016 Lead Independent Director

D. Pike Aloian

61 1999 Independent Director

H. Bailey

76 1980 Independent Director

Hayden Eaves

70 2002 Independent Director

Fredric Gould

80 1998 Independent Director

Mary Mccormick

58 2005 Independent Director

Biographies

Name Description

David Hoster

Mr. David H. Hoster, II is an Independent Chairman of the Board of EASTGROUP PROPERTIES, INC. Previously, he was the Chief Executive Officer of the Company from 1997 to December 2015. He has served as a director since 1993 and was President of the Company from 1993 to March 2015. His leadership experience and Company and industry knowledge, including 40 years involvement with publicly held REITs and extensive experience with industrial real estate provide valuable insight to the Board of Directors in formulating and executing the Company’s strategy. Mr. Hoster previously served on the NAREIT Board of Governors and he serves on the Board of Directors of Trustmark National Bank and Trustmark Corporation. He received a BA degree with honors from Princeton University and an MBA from Stanford University Graduate School of Business.

Marshall Loeb

Mr. Marshall A. Loeb is President, Chief Executive Officer, Independent Director of EASTGROUP PROPERTIES, INC. He rejoined the Company as President and Chief Operating Officer in March 2015 from Glimcher Realty Trust, where he served as President and Chief Operating Officer from 2005 to 2015. From 2000 to 2005, he served as Chief Financial Officer of Parkway Properties, Inc. Mr. Loeb, who was with EastGroup from 1991 to 2000, began with the Company as an asset manager and rose to senior vice president after having a variety of responsibilities with the Company. Mr. Loeb has more than 25 years of experience with publicly held REITS and brings real estate industry, finance, operations, development, and executive leadership expertise to the Board of Directors. He received a BS in Accounting and a Master of Tax Accounting degree from the University of Alabama, then earned an MBA from the Harvard Graduate School of Business.

N. Keith McKey

Mr. N. Keith McKey, CPA., is Chief Financial Officer, Executive Vice President, Secretary, Treasurer of EASTGROUP PROPERTIES, INC. Mr. McKey has served as the Company’s Executive Vice President since 1993, Chief Financial Officer and Secretary since 1992 and Treasurer since 1997.

C. Bruce Corkern

Mr. C. Bruce Corkern, CPA., is a Senior Vice President, Chief Accounting Officer, Controller of EASTGROUP PROPERTIES, INC. He has been a Senior Vice President and Controller of the Company since 2000. From 1990 until 2000, he was the Vice President of Finance of Time Warner Cable (Jackson/Monroe Division).

John Coleman

Mr. John F. Coleman is Senior Vice President of EASTGROUP PROPERTIES, INC. From 1994 until 2001, he was a Senior Vice President of Weeks Corporation and its successor Duke Realty Corporation (an industrial/office real estate investment trust).

William Petsas

Mr. William D. Petsas is a Senior Vice President of EASTGROUP PROPERTIES, INC. From 1994 until 2000, he was a Vice President of Prologis (an industrial real estate investment trust).

Brent Wood

Mr. Brent W. Wood is the Senior Vice President of EASTGROUP PROPERTIES, INC. He was a Vice President of the Company from 2000 to 2003, a Senior Asset Manager of the Company from 1997 to 1999 and Assistant Controller from 1996 to 1997.

H. Eric Bolton

Mr. H. Eric Bolton, Jr., is Lead Independent Director of EASTGROUP PROPERTIES, INC. He was Independent Director of the Company. Mr. Bolton has been Chief Executive Officer of Mid-America Apartment Communities, Inc. (“MAA”) since October 2001 and Chairman of the Board of Directors of MAA since September 2002. He joined MAA in 1994 as Vice President of Development and was named Chief Operating Officer in February 1996 and promoted to President in December 1996. Prior to that time, he was Executive Vice President and Chief Financial Officer of Trammell Crow Realty Advisors. Mr. Bolton served on the Board of Directors of Interstate Hotels and Resorts, Inc. from 2008 to 2010. He currently serves on the National Association of Real Estate Investment Trusts (NAREIT) Advisory Board of Governors. He received a BBA in Accounting from the University of Memphis and an MBA with a concentration in Finance and Real Estate from the University of North Texas.

D. Pike Aloian

Mr. D. Pike Aloian is an Independent Director of EASTGROUP PROPERTIES, INC. His financial and investment experience, knowledge of capital markets and experience on other public and private company boards prepare him to give the Board his views on real estate investment markets and financial matters. He is a partner of Almanac Realty Investors, LLC (formerly known as Rothschild Realty Managers, LLC), a real estate advisory and investment management firm based in New York that specializes in providing growth capital to public and private real estate companies. At Almanac, Mr. Aloian is responsible for originating investment opportunities, for negotiating and structuring transactions and for monitoring the investments over their respective lives. Mr. Aloian served on the Board of Directors of Brandywine Realty Trust from 1999 to 2012 and was most recently a member of its Audit, Corporate Governance and Executive Committees. He graduated from Harvard College and received an MBA from Columbia University.

H. Bailey

Mr. H. C. Bailey, Jr., is an Independent Director of EASTGROUP PROPERTIES, INC. He provides valuable insight to the Board with respect to the historical and future direction of the Company based on his many years of experience on the Board together with his decades of experience in the real estate, finance and real estate development areas. He is Chairman and President of H.C. Bailey Company and its affiliated companies and has been employed in various capacities with that company since 1962. The companies’ primary areas of activity have been in real estate investments, development, property management, mortgage banking, financial institutions, lumber and supply company, and general insurance. The companies presently own or have previously owned and/or operated office buildings, hotels, shopping centers, and commercial and residential developments. He is a graduate of the University of Mississippi with a BA degree and a graduate of the School of Mortgage Banking, Northwestern University, Chicago, Illinois, in cooperation with the Mortgage Bankers Association of America.

Hayden Eaves

Mr. Hayden C. Eaves, III, is an Independent Director of EASTGROUP PROPERTIES, INC. Mr. Eaves’ leadership and experience in the real estate, real estate development and real estate operations business, particularly in the California and Arizona real estate markets, are valuable to the Board. Mr. Eaves has more than 46 years of experience in the real estate industry. He was President and Chief Executive Officer of the Western Region of Trammell Crow Company until 1995, where he was responsible for 52 million square feet of industrial, office and retail space in California, Oregon, Washington, Arizona and Nevada. He is currently President of Hayden Holdings, Inc., a family investment management company and an advisor to IDS Real Estate Group where he served as a Managing Director until 2006. He is also on the Board of Directors of Watson Land Company, a private developer, owner, and manager of industrial properties located in Southern California. Mr. Eaves received a BS in Accounting from California State University of Los Angeles.

Fredric Gould

Mr. Fredric H. Gould is an Independent Director of EASTGROUP PROPERTIES, INC. He has extensive experience in commercial real estate lending and operations, including as the chief executive of a public real estate company, and he provides the Board with perspective on financial, operational and strategic matters. Mr. Gould is a member of the Board of Directors of BRT Realty Trust and Vice-Chairman of One Liberty Properties, Inc. He is also the Chairman of the General Partner of Gould Investors L.P., a limited partnership engaged in real estate ownership. He previously served on the NAREIT Board of Governors as well as the Board of Directors of the Real Estate Board of New York where he was also a member of its Finance Committee. Mr. Gould received a BBA from Lehigh University and an LLB, cum laude, from New York Law School.

Mary Mccormick

Ms. Mary E. Mccormick is an Independent Director of Eastgroup Properties, Inc. Ms. McCormick has extensive experience in real estate, capital markets, and corporate governance and brings that expertise to Board discussions. Since 2010, Ms. McCormick has been a Senior Advisor with Almanac Realty Investors, LLC. She served the Ohio Public Employees Retirement System from 1989 through 2005, where she was most recently responsible for directing real estate investments and overseeing an internally managed REIT portfolio. Ms. McCormick has held a number of leadership positions for a variety of national and regional real estate associations, including Chair of the Pension Real Estate Association. Ms. McCormick has served on the Board of Directors of Xenia Hotels and Resorts, a lodging REIT, since 2015, Broadstone Net Lease, a private REIT, since 2013, and Mid America Apartment Communities from 2006 to 2010. Ms. McCormick is a member of the Urban Land Institute and has a Bachelor’s degree and an MBA from The Ohio State University.

Basic Compensation

Name Fiscal Year Total

David Hoster

3,218,480

Marshall Loeb

951,985

N. Keith McKey

1,646,550

C. Bruce Corkern

243,089

John Coleman

1,195,820

William Petsas

1,161,150

Brent Wood

1,192,820

H. Eric Bolton

122,943

D. Pike Aloian

126,943

H. Bailey

128,943

Hayden Eaves

132,943

Fredric Gould

121,943

Mary Mccormick

135,693
As Of  30 Dec 2015