People: Liberty Property Trust (LRY)
LRY on New York Consolidated
44.00USD
17 May 2013
44.00USD
17 May 2013
Price Change (% chg)
$0.08 (+0.18%)
$0.08 (+0.18%)
Prev Close
$43.92
$43.92
Open
$44.14
$44.14
Day's High
$44.19
$44.19
Day's Low
$43.76
$43.76
Volume
375,914
375,914
Avg. Vol
817,086
817,086
52-wk High
$44.92
$44.92
52-wk Low
$33.03
$33.03
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
William Hankowsky |
62 | 2003 | Chairman of the Board of Trustees, President, Chief Executive Officer |
George Alburger |
65 | 2011 | Chief Financial Officer, Executive Vice President |
Robert Fenza |
56 | 2000 | Chief Operating Officer, Executive Vice President |
Michael Hagan |
55 | 2011 | Executive Vice President, Chief Investment Officer |
James Bowes |
59 | 1996 | General Counsel, Secretary |
Frederick Buchholz |
67 | 1994 | Independent Trustee |
Thomas DeLoach |
65 | 1999 | Independent Trustee |
Katherine Dietze |
55 | 2011 | Independent Trustee |
Daniel Garton |
55 | 2001 | Independent Trustee |
M. Leanne Lachman |
70 | 1994 | Independent Trustee |
David Lingerfelt |
60 | 1995 | Independent Trustee |
Stephen Steinour |
54 | 2010 | Independent Trustee |
Jeanne Leonard |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
William Hankowsky |
Mr. William P. Hankowsky serves as Chairman of the Board of Trustees, President, Chief Executive Officer of Liberty Property Trust. He has served as a trustee of the Trust since May 2003. Mr. Hankowsky joined the Trust on January 1, 2001 as Executive Vice President and Chief Investment Officer and was promoted to the position of President on March 12, 2002. Mr. Hankowsky became the Chief Executive Officer of the Trust on January 21, 2003 and Chairman on June 10, 2003. Prior to joining the Trust, Mr. Hankowsky served as President of the Philadelphia Industrial Development Corporation ("PIDC") from 1989 through 2000. As the chief executive officer of PIDC, he oversaw the City of Philadelphia's economic development agency. Prior to that time, Mr. Hankowsky served as an executive with a variety of economic development projects and agencies. Mr. Hankowsky currently serves on the boards of Aqua America, Inc. (NYSE:WTR), Citizens Financial Group, Philadelphia Shipyard Development Corporation, Delaware River Waterfront Corporation, the Kimmel Center for the Performing Arts, the Philadelphia Convention and Visitors Bureau, and Interstate General Media, LLC, which controls Philadelphia Media Network, Inc., publisher of the Philadelphia Inquirer and Philadelphia Daily News. Mr. Hankowsky previously served as the Chairman of the Greater Philadelphia Chamber of Commerce. |
George Alburger |
Mr. George J. Alburger, Jr., serves as Chief Financial Officer, Executive Vice President of Liberty Property Trust. He became Chief Financial Officer and Treasurer of the Trust in May 1995. In October 2000, Mr. Alburger assumed the additional title of Executive Vice President. Prior to joining the Trust, Mr. Alburger served as Executive Vice President of EBL&S Property Management, Inc., an owner and manager of approximately 200 shopping centers aggregating 30 million square feet of retail space. Mr. Alburger was formerly a Senior Manager with Price Waterhouse, LLP. Mr. Alburger serves on the board of Americold Realty Trust, an international owner and operator of temperature-controlled warehouses. |
Robert Fenza |
Mr. Robert E. Fenza serves as Chief Operating Officer, Executive Vice President of Liberty Property Trust. He has served as an Executive Vice President of the Trust since March 1994, with principal responsibility for operations, property management and asset management. In April 2000, Mr. Fenza assumed the additional title of Chief Operating Officer of the Trust. Mr. Fenza joined Rouse & Associates in 1984. Mr. Fenza serves on the Board of the Charter High School for Architecture and Design in Philadelphia. Mr. Fenza also chairs the Development Committee for the College of Arts & Architecture at the Pennsylvania State University and is a member of the Advisory Board of FM Global, provider of commercial property insurance and risk management services. |
Michael Hagan |
Mr. Michael T. Hagan serves as Executive Vice President, Chief Investment Officer of Liberty Property Trust. He has served as Chief Investment Officer of the Trust since May 2005. In 2011, Mr. Hagan assumed the additional title of Executive Vice President. Mr. Hagan joined the Trust in 1989 and has served the Trust in a number of capacities, including, prior to his appointment as Chief Investment Officer, as Senior Vice President—Acquisitions. Prior to joining the Trust, Mr. Hagan served in a variety of accounting positions. |
James Bowes |
Mr. James J. Bowes serves as General Counsel and Secretary of Liberty Property Trust since December 1996. Mr. Bowes joined the Trust from the law firm of Blank Rome LLP, where he was a partner in the Corporate Department. Prior to joining Blank Rome, he served with the Securities and Exchange Commission. |
Frederick Buchholz |
Mr. Frederick F. Buchholz serves as a Independent Trustee of Liberty Property Trust since June 1994. Mr. Buchholz was with Lend Lease Real Estate Investments or its predecessors from 1968 until retiring in June 1998. Since his retirement, Mr. Buchholz has served as an independent real estate consultant. He was appointed a Senior Vice President of Equitable Real Estate in December 1990 and Executive Vice President in 1992. At various times, Mr. Buchholz was also the officer in charge of Equitable Real Estate's New York and Washington, D.C. regional offices. Prior to his retirement, Mr. Buchholz was the officer in charge of the Lend Lease Philadelphia region, supervising new business, asset management and restructuring/workout activities on behalf of a diversified regional mortgage and equity portfolio. Mr. Buchholz is a member of the Appraisal Institute and the Investment Review Committee of the Delaware Valley Real Estate Investment Fund, L.P. |
Thomas DeLoach |
Mr. Thomas C. DeLoach, Jr., serves as a Independent Trustee of Liberty Property Trust since May 1999. Beginning in 1998, Mr. DeLoach served as an Executive Vice President of Mobil Oil Corporation and the President of Global Midstream, both wholly owned subsidiaries of Mobil Corporation (now Exxon Mobil Corporation), a global energy company, prior to his retirement in March 2000. Mr. DeLoach joined Mobil Corporation in 1969 as a chemical engineer and advanced through various positions in manufacturing, marketing, planning and supply. From December 1994 until his election as President of Global Midstream, Mr. DeLoach served as Chief Financial Officer and Senior Vice President of Mobil Corporation and Mobil Oil Corporation. From 1991 until his retirement in 2000, Mr. DeLoach served as a director of Mobil Oil Corporation. Mr. DeLoach was a partner in a Penske Racing, LLC from 2000 until 2002 and has been the Managing Partner of PIT Instruction & Training, LLC since 2003 and Red Horse Racing II, LLC since 2005. Mr. DeLoach is also a member of the Board of Directors of Asbury Automotive Group (NYSE:ABG), and serves as its Non-Executive Chairman and on its Executive, Audit, Nominating and Governance and Risk Committees. |
Katherine Dietze |
Ms. Katherine Elizabeth Dietze is the Independent Trustee of Liberty Property Trust since January 2011. Ms. Dietze was Global Chief Operating Officer, Investment Banking Division of Credit Suisse First Boston, a financial services company, until her retirement in 2005. She had also held the position of Managing Director, Investment Banking. Prior to joining Credit Suisse First Boston, Ms. Dietze was a Managing Director for Salomon Brothers Inc., a financial services company. Ms. Dietze brings a background in global investment and financial matters. |
Daniel Garton |
Mr. Daniel P. Garton serves as Independent Trustee of Liberty Property Trust since December 2001. Mr. Garton was named President and Chief Executive Officer of American Eagle Airlines, one of the world's regional airlines, in June 2010. AMR Corporation is the parent company of American Eagle and American Airlines. Prior to joining American Eagle, Mr. Garton served as Executive Vice President-Marketing of AMR Corporation's American Airlines unit. In that position, Mr. Garton oversaw American Airlines' activities with respect to reservations, flight service, sales, its travel awards program, advertising and corporate communications. Previously, Mr. Garton served as Senior Vice President and then Executive Vice President of American Airlines Customer Service beginning September 1998. Mr. Garton served as President of American Eagle Airlines for three years beginning in July 1995. Mr. Garton joined AMR Corporation in 1984 as an analyst in the finance department and advanced through various positions to the office of Vice President-Financial Planning and Analysis in 1992. Mr. Garton left AMR Corporation in 1993 to become Senior Vice President and Chief Financial Officer of Continental Airlines. He returned to AMR Corporation two years later when he assumed the presidency of American Eagle Airlines. AMR Corporation filed for Chapter 11 bankruptcy protection in November 2011. In February 2012, AMR Corporation and US Airways Group agreed to a merger which would create the world's airline. |
M. Leanne Lachman |
Ms. M. Leanne Lachman serves as a Independent Trustee of Liberty Property Trust since June 1994. Ms. Lachman is the President of Lachman Associates, LLC, a real estate consulting firm, and is an Executive-in-Residence at Columbia Business School. Until October 2003, Ms. Lachman was a Managing Director of Lend Lease Real Estate Investment Management, a pension fund advisor. From 1987 forward, Ms. Lachman has specialized in real estate investment management for institutions. Ms. Lachman is a director and Chair of the Audit Committee of Lincoln National Corporation and a director of Lincoln Life & Annuity of New York, a subsidiary of Lincoln National Corporation. |
David Lingerfelt |
Mr. David L. Lingerfelt serves as a Independent Trustee of the Liberty Property Trust since May 1995. Mr. Lingerfelt has been Of Counsel to the firm of Parker, Pollard, Wilton & Peaden, P.C., in Richmond, Virginia, since February 2010. Mr. Lingerfelt's practice focuses on commercial real estate and taxation. Until November 2008, Mr. Lingerfelt was Vice President of LandAmerica Exchange Company. During 2009, Mr. Lingerfelt acted as a consultant in the wind down of LandAmerica Exchange Company. Prior to joining LandAmerica, Mr. Lingerfelt served as Director of Property Administration and Counsel for Best Products Co., Inc., and was a partner in the Virginia law firm of Coates & Davenport, focusing on commercial transactions. |
Stephen Steinour |
Mr. Stephen D. Steinour serves as the Independent Trustee of Liberty Property Trust since February 11, 2010. In January 2009, Mr. Steinour was elected Chairman, President and Chief Executive Officer of Huntington Bancshares Incorporated (NASDAQ:HBAN), a $56 billion regional bank holding company. Previously, he was the Chairman and Managing Partner of CrossHarbor Capital Partners, a private equity firm (2008-January 2009). From 2006 to 2008, he was President and Chief Executive Officer of Citizens Financial Group, Inc., a multistate commercial bank holding company. Prior to that, Mr. Steinour served as Vice Chairman and Chief Executive Officer of Citizens Mid-States regional banking (2005-2006). He served as Vice Chairman and Chief Executive Officer of Citizens Mid-Atlantic Region (2001-2005). At the beginning of his career, Mr. Steinour was an analyst for the U.S. Treasury Department and subsequently worked for the Federal Deposit Insurance Corporation. Mr. Steinour is also a director of Exelon Corporation (NYSE:EXC) and he serves on its Audit, Risk Oversight, and Compensation Committees. Mr. Steinour is a member of the American Bankers Association and the council of The Pennsylvania Society. He also serves as a trustee of the Eisenhower Fellowships. Mr. Steinour also served as a member on the policy and legal affairs committees of the Pennsylvania Business Roundtable, and is a member of The Columbus Partnership and a trustee of the Columbus Downtown Development Corporation. He also has served on the board of and as the chairman of the Greater Philadelphia Chamber of Commerce. |
Jeanne Leonard |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
William Hankowsky |
5,952,850 |
George Alburger |
2,124,440 |
Robert Fenza |
1,750,820 |
Michael Hagan |
1,675,860 |
James Bowes |
1,539,750 |
Frederick Buchholz |
-- |
Thomas DeLoach |
-- |
Katherine Dietze |
-- |
Daniel Garton |
-- |
M. Leanne Lachman |
-- |
David Lingerfelt |
-- |
Stephen Steinour |
-- |
Jeanne Leonard |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
William Hankowsky |
532,819 | 4,712,321 |
George Alburger |
600,634 | 9,327,225 |
Robert Fenza |
584,366 | 6,222,758 |
Michael Hagan |
100,210 | 1,306,273 |
James Bowes |
343,198 | 4,505,174 |
Frederick Buchholz |
0 | 0 |
Thomas DeLoach |
0 | 0 |
Katherine Dietze |
0 | 0 |
Daniel Garton |
0 | 0 |
M. Leanne Lachman |
0 | 0 |
David Lingerfelt |
0 | 0 |
Stephen Steinour |
0 | 0 |
Jeanne Leonard |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
GARTON DANIEL P |
5,000 | $34.02 |
GARTON DANIEL P |
5,000 | $42.52 |
HANKOWSKY WILLIAM P |
7,000 | $42.49 |
ALBURGER GEORGE J JR |
5,000 | $42.52 |
BUCHHOLZ FREDERICK F |
5,000 | $34.02 |
FENZA ROBERT E |
13,139 | $33.77 |
FENZA ROBERT E |
35,754 | $42.10 |
HANKOWSKY WILLIAM P |
1,600 | $0.00 |
FENZA ROBERT E |
699 | $0.00 |
FENZA ROBERT E |
22,615 | $32.71 |
FENZA ROBERT E |
11,128 | $0.00 |
FENZA ROBERT E |
3,735 | $39.59 |
LACHMAN M LEANNE |
1,061 | $0.00 |
FENZA ROBERT E |
1,736 | $39.59 |
LINGERFELT DAVID L |
1,061 | $0.00 |
DELOACH THOMAS C JR |
1,061 | $0.00 |
HANKOWSKY WILLIAM P |
38,664 | $39.59 |
DIETZE-COURAGE KATHERINE ELIZABETH |
1,061 | $0.00 |
ALBURGER GEORGE J JR |
17,574 | $39.59 |
HANKOWSKY WILLIAM P |
26,369 | $0.00 |
ALBURGER GEORGE J JR |
9,011 | $39.59 |
HAGAN MICHAEL T |
7,163 | $39.59 |
GARTON DANIEL P |
1,061 | $0.00 |
HANKOWSKY WILLIAM P |
8,864 | $39.59 |
ALBURGER GEORGE J JR |
12,049 | $0.00 |

