People: National Retail Properties, Inc. (NNN)
NNN on New York Consolidated
19.48USD
9 Feb 2010
19.48USD
9 Feb 2010
Price Change (% chg)
$0.03 (+0.15%)
$0.03 (+0.15%)
Prev Close
$19.48
$19.48
Open
--
--
Day's High
$20.66
$20.66
Day's Low
$19.39
$19.39
Volume
1,023,119
1,023,119
Avg. Vol
1,111,267
1,111,267
52-wk High
$22.80
$22.80
52-wk Low
$12.26
$12.26
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Macnab, Craig | 53 | 2008 | Chairman of the Board, Chief Executive Officer |
| Whitehurst, Julian | 51 | 2006 | President, Chief Operating Officer |
| Habicht, Kevin | 50 | 2003 | Chief Financial Officer, Executive Vice President, Treasurer, Director |
| Tessitore, Christopher | 41 | 2007 | Executive Vice President, General Counsel, Secretary |
| Bayer, Paul | 47 | 2007 | Executive Vice President |
| Lanier, Ted | 74 | 2008 | Lead Director |
| Jennings, Richard | 65 | 2000 | Director |
| Legler, Robert | 65 | 2002 | Director |
| Martinez, Robert | 74 | 2002 | Director |
| Gershenson, Dennis | 65 | 2008 | Director |
| DeFosset, Donald | 60 | 2008 | Director |
Biographies
| Name | Description |
|---|---|
| Macnab, Craig | Mr. Macnab has served as Chief Executive Officer of National Retail Properties, Inc since February 2004 and as Chairman of the Board of Directors of the Company since February 2008. Prior to joining the Company, Mr. Macnab was the Chief Executive Officer of JDN Realty Corporation (“JDN”), a publicly traded real estate investment trust, from April 2000 through March 2003. Mr. Macnab is currently a director of Developers Diversified Realty Corp. and Eclipsys Corporation, which is a provider of clinical and financial software for healthcare organizations. |
| Whitehurst, Julian | Julian E. Whitehurst has served as President of National Retail Properties, Inc since May 2006 and as Chief Operating Officer of the Company since June 2004. He also previously served as Executive Vice President of the Company from February 2003 to May 2006, as Secretary of the Company from May 2003 to May 2006 and previously served as General Counsel from 2003 to 2006. Prior to February 2003, Mr. Whitehurst was a partner at the law firm of Lowndes, Drosdick, Doster, Kantor & Reed, P.A. He is a member of ICSC and NAREIT and serves on the board of trustees of Lake Highland Preparatory School and on the board of directors of PRISM (Promoting Regional Improvement in Science and Math). |
| Habicht, Kevin | Mr. Habicht has served as a director of National Retail Properties, Inc from June 2000 to the present, as Executive Vice President and Chief Financial Officer of the Company since December 1993 and as Treasurer of the Company since January 1998. Mr. Habicht served as Secretary of the Company from January 1998 to May 2003. Since 2000, Mr. Habicht has served as a director of Orange Avenue Mortgage Investments, Inc., a commercial real estate lending company. Mr. Habicht is a Certified Public Accountant and a Chartered Financial Analyst. |
| Tessitore, Christopher | Mr. Tessitore has served as Executive Vice President of National Retail Properties, Inc since January 2007, as General Counsel since February 2006 and as Secretary since May 2006. He also previously served as Senior Vice President and Assistant General Counsel of the Company from 2005 to 2006. Prior to March 2005, Mr. Tessitore was a partner at the law firm of Lowndes, Drosdick, Doster, Kantor & Reed, P.A. Mr. Tessitore has served on the board of directors and executive committee of BETA Center, Inc. He is a member of ICSC, NAREIT, and the Association of Corporate Counsel. |
| Bayer, Paul | Mr. Bayer has served as Executive Vice President of National Retail Properties, Inc since January 2007. He also previously served as Senior Vice President of the Company from September 2005 to December 2006. From September 1999 through September 2005, he served as Vice President of Leasing of the Company. Prior to September 1999, Mr. Bayer was a leasing agent at J. Donegan Company from 1994 through 1999. Mr. Bayer also previously served as a leasing agent for Combined Properties from 1992 until 1993 and as a marketing principal at Trammell Crow Company from 1988 until 1991. He is a member of ICSC. |
| Lanier, Ted | Mr. Ted Lanier is the Lead Director of National Retail Properties, Inc. Mr. Lanier served on the board since 1988. Since his retirement in 1991 as Chairman and Chief Executive Officer of Triangle Bank and Trust Company, Raleigh, North Carolina, Mr. Lanier has managed his personal investments and managed investment accounts for various individuals and trusts. |
| Jennings, Richard | Mr. Jennings has served as a director of National Retail Properties, Inc since 2000. Mr. Jennings is President of Realty Capital International LLC, a real estate investment banking firm that he founded in 1999, and its predecessor, Realty Capital International Inc., which he founded in 1991. Mr. Jennings served as President of Jennings Securities LLC from 1995 to 2006. From 1990 to 1991, Mr. Jennings served as Senior Vice President of Landauer Real Estate Counselors, and from 1986 to 1989, Mr. Jennings served as Managing Director, Real Estate Finance at Drexel Burnham Lambert. From 1969 to 1986, Mr. Jennings oversaw REIT investment banking business at Goldman, Sachs & Co. During his tenure at Goldman, Sachs & Co., Mr. Jennings founded and managed the Mortgage Finance Group from 1979 to 1986. Mr. Jennings also serves as the lead director of Alexandria Real Estate Equities, Inc., and as a director of Cogdell Spencer, Inc. He is also a member of ICSC and NAREIT. |
| Legler, Robert | Mr. Legler has served as a director of National Retail Properties, Inc since 2002. From 1973 until 1990, Mr. Legler was the founder and chairman of privately-held First Marketing Corporation, America’s largest publisher of newsletters serving nearly 500 clients in the commercial banking, brokerage, health care, cable television, travel and retail industries. Upon the sale of the company to Reed (now Reed Elsiever) in 1990, Mr. Legler served as non-executive Chairman of the Board of First Marketing until his retirement in September 2000. Mr. Legler has served as a director of Ligonier Ministries of Lake Mary, Florida for more than 20 years. |
| Martinez, Robert | Mr. Martinez has served as a director of National Retail Properties, Inc since 2002. From 1987 until 1991, Mr. Martinez served as the fortieth governor of the state of Florida and, from 1991 to 1993, served as the Director of the Office of National Drug Control reporting to the President of the United States. From 1999 to 2007, he served as managing director for Carlton Fields Government Consulting. In 2007, he assumed the position of Senior Policy Advisor at Holland and Knight LLP. |
| Gershenson, Dennis | Mr. Gershenson has served as a director of National Retail Properties, Inc. since February 2008. Mr. Gershenson is President and Chief Executive Officer and serves as Chairman of the Board of Trustees for Ramco-Gershenson Properties Trust. Mr. Gershenson has held the position of President and CEO since May 1996. Prior to that he served as Vice President - Finance and Treasurer of Ramco-Gershenson, Inc. from 1976 to 1996. Mr. Gershenson currently serves on the Board of Directors of the Cranbrook Academy of Arts, the Metropolitan Affairs Coalition and Oakland Family Services. He is also an active member of the International Council of Shopping Centers (ICSC) and the National Association of Real Estate Investment Trusts (NAREIT). |
| DeFosset, Donald | Mr. Donald DeFosset has been appointed to the Board of Directors of National Retail Properties, Inc. Mr. DeFosset currently serves on the boards of directors for Regions Financial Corporation, EnPro Industries, Inc. and Terex Corporation. Mr. DeFosset retired in September 2005 as Chairman, President and Chief Executive Officer of Walter Industries, Inc., a diversified company with principal operating businesses in homebuilding and home financing, water transmission products and energy services. Mr. DeFosset is a graduate of Purdue University, where he earned a Bachelor’s degree in Industrial Engineering. He received his MBA from Harvard Business School in 1974. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Macnab, Craig | 2,392,580 |
| Whitehurst, Julian | 1,353,520 |
| Habicht, Kevin | 1,170,490 |
| Tessitore, Christopher | 585,556 |
| Bayer, Paul | 595,655 |
| Lanier, Ted | -- |
| Jennings, Richard | -- |
| Legler, Robert | -- |
| Martinez, Robert | -- |
| Gershenson, Dennis | -- |
| DeFosset, Donald | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Macnab, Craig | 0 | 0 |
| Whitehurst, Julian | 0 | 0 |
| Habicht, Kevin | 99,667 | 670,182 |
| Tessitore, Christopher | 0 | 0 |
| Bayer, Paul | 20,000 | 156,180 |
| Lanier, Ted | 0 | 0 |
| Jennings, Richard | 0 | 0 |
| Legler, Robert | 0 | 0 |
| Martinez, Robert | 0 | 0 |
| Gershenson, Dennis | 0 | 0 |
| DeFosset, Donald | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| JENNINGS RICHARD B | 549 | $20.00 |
| MARTINEZ ROBERT | 737 | $20.00 |
| LANIER TED B | 1,475 | $20.00 |
| GERSHENSON DENNIS EARL | 1,688 | $20.00 |
| JENNINGS RICHARD B | 737 | $20.00 |
| LEGLER ROBERT C | 2,237 | $20.00 |
| MARTINEZ ROBERT | 601 | $20.00 |
| DEFOSSET DONALD JR | 1,748 | $20.00 |
| WHITEHURST JULIAN E | 3,624 | $0.00 |
| HABICHT KEVIN B | 3,624 | $0.00 |
| MACNAB CRAIG | 8,062 | $0.00 |
| JENNINGS RICHARD B | 2,186 | $19.85 |
| LANIER TED B | 1,486 | $19.85 |
| MARTINEZ ROBERT | 2,053 | $19.85 |
| GERSHENSON DENNIS EARL | 1,669 | $19.85 |
| LEGLER ROBERT C | 2,212 | $19.85 |
| DEFOSSET DONALD JR | 1,728 | $19.85 |
| HABICHT KEVIN B | 16,200 | $20.77 |
| TESSITORE CHRISTOPHER PAUL | 5,412 | $20.58 |
| JENNINGS RICHARD B | 2,500 | $20.60 |
| JENNINGS RICHARD B | 2,500 | $11.15 |
| JENNINGS RICHARD B | 2,500 | $20.60 |
| JENNINGS RICHARD B | 2,500 | $20.60 |
| JENNINGS RICHARD B | 2,500 | $14.57 |
| JENNINGS RICHARD B | 2,500 | $13.20 |





