People: Washington Real Estate Investment Trust (WRE)
WRE on New York Consolidated
30.20USD
21 May 2013
30.20USD
21 May 2013
Price Change (% chg)
$0.25 (+0.83%)
$0.25 (+0.83%)
Prev Close
$29.73
$29.73
Open
$29.95
$29.95
Day's High
$30.34
$30.34
Day's Low
$29.92
$29.92
Volume
246,283
246,283
Avg. Vol
448,705
448,705
52-wk High
$30.34
$30.34
52-wk Low
$23.94
$23.94
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Charles Nason |
66 | 2000 | Independent Trustee |
George McKenzie |
57 | 2007 | President, Chief Executive Officer, Trustee |
William Camp |
50 | 2009 | Chief Financial Officer, Executive Vice President |
Laura Franklin |
52 | 2010 | Executive Vice President - Accounting and Administration, Corporate Secretary |
Thomas Morey |
41 | 2008 | Senior Vice President, General Counsel |
Thomas Regnell |
56 | 2012 | Senior Vice President, Managing Director - Office Division |
James Cederdahl |
54 | 2012 | Senior Vice President - Property Operations |
Paul Weinschenk |
47 | 2013 | Managing Director and Vice President - Retail Division |
William Byrnes |
62 | 2010 | Independent Trustee |
Edward Civera |
62 | 2006 | Independent Trustee |
John McDaniel |
70 | 2010 | Independent Chairman of the Board of Trustees |
Thomas Russell |
70 | 2006 | Independent Trustee |
Wendelin White |
60 | 2008 | Independent Trustee |
Anthony Winns |
57 | 2011 | Independent Trustee |
Biographies
| Name | Description |
|---|---|
Charles Nason |
Mr. Charles T. Nason is Independent Chairman of the Board of Trustees of Washington Real Estate Investment Trust. Mr. Nason is the retired Chairman and Chief Executive Officer of The Acacia Group (including Acacia Life, Acacia Federal Savings Bank and the Calvert Group LTD.). He served Acacia from 1977 to 2005, including as Chief Executive Officer from 1988 to 2003. Mr. Nason has served as Chairman of the Audit Committee of WRIT for the past five years, and prior to that served as Chairman of the Compensation Committee for four years. “Tuck Nason has been an instrumental member of the Board since he joined the company in 2000 – and during his tenure has served on the Audit, Compensation and Corporate Governance/Nominating Committees. |
George McKenzie |
Mr. George F. McKenzie is no longer President, Chief Executive Officer, Trustee of Washington Real Estate Investment Trust, effetive December 31, 2013. Since joining WRIT in September 1996, Mr. McKenzie has served in executive roles, including Executive Vice President, Real Estate and Chief Operating Officer. From 1985 to 1996, Mr. McKenzie served with the Prudential Realty Group, a subsidiary of Prudential Insurance Company of America, most recently as Vice President, Investment & Sales. Prior assignments included real estate finance originations and asset management in the mid-Atlantic region. Mr. McKenzie currently is a member of the Board of Trustees of Chesapeake Lodging Trust, a public REIT investing in lodging real estate. As well, Mr. McKenzie serves on the Board of Governors of the National Association of Real Estate Investment Trusts (NAREIT). Mr. McKenzie is also a member of the Economic Club of Washington, the Urban Land Institute and the International Council of Shopping Centers (ICSC). |
William Camp |
Mr. William T. Camp serves as Chief Financial Officer, Executive Vice President of Washington Real Estate Investment Trust. He joined WRIT in November 2008 as Executive Vice President and Chief Financial Officer - Elect and was elected to Executive Vice President and Chief Financial Officer on March 3, 2009. Prior to joining WRIT, he was Vice President, Assistant Director of Equities at Wachovia Securities, LLC where he was one of the lead portfolio managers overseeing the investment of approximately $7 billion. Prior to the merger between Wachovia Securities, LLC and A.G. Edwards & Sons, Inc. in October 2007, Mr. Camp served as Assistant Director of Equity and Fixed Income Research at A.G. Edwards from 2004. Previously, Mr. Camp served five years as Vice President, REIT Research Group Leader and seven years as a Senior Public Finance Investment Banker, also with A.G. Edwards. In addition to Mr. Camp's responsibilities as Chief Financial Officer, Mr. Camp is responsible for executive oversight of the Office Division and Medical Office Division. |
Laura Franklin |
Ms. Laura M. Franklin, CPA, serves as Executive Vice President - Accounting and Administration, Corporate Secretary of Washington Real Estate Investment Trust. She joined WRIT in August 1993 as Assistant Vice President, Finance. In 1995, she was named Vice President, Chief Accounting Officer and Corporate Secretary of WRIT. Ms. Franklin was named Senior Vice President, Accounting, Administration and Corporate Secretary in May 2002 and was promoted to Executive Vice President in June 2007. Prior to joining WRIT, she was employed by CohnReznick (formerly The Reznick Group), specializing in audit and tax services for real estate clients. Ms. Franklin formerly served on the NAREIT Best Financial Practices Council and was a director of KEEN USA and KEEN Greater DC, a non-profit organization that provides recreational opportunities for children and young adults with mental and physical disabilities. Ms. Franklin is a Certified Public Accountant. |
Thomas Morey |
Mr. Thomas C. Morey serves as Senior Vice President, General Counsel of Washington Real Estate Investment Trust. Prior to joining WRIT, he served in a business role as Chief Operating Officer of Medical Funding Services, Inc., a provider of financial and administrative services to healthcare companies, from February 2006 to September 2008. Previously, Mr. Morey was a corporate partner with Hogan & Hartson LLP, a multi-national law firm (now known as Hogan Lovells), where he focused on capital market transactions, mergers and acquisitions, strategic investments and general business matters for national and regional office, retail, residential, lodging and other REITs. From 1997 to 1998, Mr. Morey was a corporate attorney with Jones Day in Dallas, Texas. Mr. Morey is a member of the Board of Directors of the Maryland Chamber of Commerce and also serves on the Executive and Finance Committees of the Maryland Chamber of Commerce. In addition to Mr. Morey's responsibilities as General Counsel, Mr. Morey is also responsible for executive oversight of the Residential Division, Retail Division and Development group. |
Thomas Regnell |
Mr. Thomas L. Regnell is Senior Vice President, Managing Director - Office Division of Washington Real Estate Investment Trust. Mr. Regnell joined WRIT in January 1995 as Vice President, Acquisitions. Mr. Regnell was named Managing Director, Acquisitions in 2001 and was promoted to Senior Vice President, Acquisitions in October 2007. In November 2012, Mr. Regnell assumed responsibilities as head of the Office Division and currently serves as Senior Vice President and Managing Director, Office Division. From 1992 through 1994, Mr. Regnell served as an Investment (Acquisitions) Officer with Federal Realty Investment Trust. Previously, Mr. Regnell was a Vice President with Spaulding & Slye Company, a real estate development, brokerage and management company. |
James Cederdahl |
Mr. James B. Cederdahl serves as Senior Vice President - Property Operations of Washington Real Estate Investment Trust since May 2012. Previously, he had served as Managing Director, Property Management since January 2006. He joined WRIT as Senior Property Manager in August 1994 and was promoted to Director in 1999. Between 1984 and 1994, he performed management and leasing operations for a portfolio consisting of both retail and office buildings at Gates, Hudson, & Associates. |
Paul Weinschenk |
Mr. Paul S. Weinschenk is the Managing Director and Vice President - Retail Division of Washington Real Estate Investment Trust since February 2013. Prior to joining WRIT, he was Vice President, Retail at The Peterson Companies, a Washington, D.C.-based retail development company, for 16 years. Prior to that, Mr. Weinschenk worked for three years at Apple South, Inc. acquiring real estate for the company in a five-state area. He also worked for the Chase Manhattan Bank, N.A. in its Owned Real Estate Department. Mr. Weinschenk's professional career began as an architect working for Dewberry. Mr. Weinschenk is an active member of the International Council of Shopping Centers (ICSC), currently serving as State Director for Maryland, Northern Virginia and the District of Columbia. |
William Byrnes |
Mr. William G. Byrnes serves as Independent Trustee of Washington Real Estate Investment Trust. He has been a private investor since 2001. He is currently Chairman of the Board of Directors of CapitalSource Inc., a commercial lender operating principally through its subsidiary CapitalSource Bank. He founded, and was Managing Member of, Wolverine Partners, LLC, that operated MUTUALdecision, a mutual fund research business, from September 2006 to October 2012. Mr. Byrnes was co-founder of Pulpfree d/b/a BuzzMetrics, a consumer-generated media research and marketing firm, and served as its Chairman from June 1999 until its sale in September 2005. He was on the Board of Directors of LoopNet, Inc., an information services provider to the commercial real estate industry, from September 2006 until its sale in April 2012. Mr. Byrnes spent 17 years with Alex Brown & Sons, most recently as a Managing Director and head of the investment banking financial institutions group. He has been a full-time and adjunct professor and member of the Board of Regents at Georgetown University. |
Edward Civera |
Mr. Edward S. Civera is Independent Trustee of Washington Real Estate Investment Trust since July 19, 2006. He served as the Chairman of the Board of Catalyst Health Solutions, Inc., a publicly traded pharmacy benefit management company (formerly known as HealthExtras, Inc.), from 2005 until his retirement in December 2011. He serves as Chairman of the MedStar Health System, a multi-institutional healthcare organization. From 1997 to 2001, Mr. Civera was the Chief Operating Officer and Co-Chief Executive Officer of United Payors & United Providers, Inc. (UP&UP), a publicly-traded healthcare company that was sold in 2000. Prior to that, Mr. Civera spent 25 years with Coopers & Lybrand (now PricewaterhouseCoopers LLP), most recently as Managing Partner, focused on financial advisory and auditing services. Mr. Civera is a Certified Public Accountant. During the past five years, Mr. Civera has also served as a director of The Mills Corporation and MCG Capital Corporation. |
John McDaniel |
Mr. John P. McDaniel is Trustee of Washington Real Estate Investment Trust. He was Independent Chairman of the Board of Trustees of Washington Real Estate Investment Trust. He served as Chief Executive Officer of MedStar Health, a multi-institutional healthcare organization, from 1982 until his retirement in January 2008. Since August 2008, he has served as Chairman of the Hickory Ridge Group, a private healthcare consulting and facilities development organization, providing strategic advice, tactical support and access to capital to senior management in the healthcare and technology spaces to improve operations, grow enterprise value or prepare for an exit event. He is also Chairman of Hickory Ridge Capital LLC, a venture capital fund focused on early growth stage healthcare services companies, investing in technology-enabled businesses that have established a foundation in emerging healthcare markets. Mr. McDaniel also serves on the boards of Medifast, Inc., Wittenberg University and the Mary and Daniel Loughran Foundation. Mr. McDaniel is past Chairman and current board member of the Greater Washington Board of Trade, a member and past Chairman of the Maryland State Racing Commission and a member of the Greater Baltimore Committee. Mr. McDaniel is a fellow of the American College of Healthcare Executives, a member of the Economic Club of Washington, a member of the National Association of Corporate Directors, and a trustee of the National Capitol Area Foundation. In the past, Mr. McDaniel has also served as a director of Georgetown University, the Federal City Council, the Greater Baltimore Committee and 1st Mariner Bancorp. |
Thomas Russell |
Mr. Thomas Edgie Russell, III, is Independent Trustee of Washington Real Estate Investment Trust since July 19, 2006. He served as President of Partners Realty Trust, Inc., a private real estate company which was previously engaged in the ownership of apartments, offices, and shopping centers, from 1990 until his retirement from active involvement in 2005. Mr. Russell currently serves as a director of Good Samaritan Hospital, a healthcare facility operated by MedStar Health; the Keswick Multi-Care Center, a not-for-profit organization providing skilled nursing care, rehabilitation and adult day services; and The Robert Packard Center for ALS Research at Johns Hopkins, a not-for-profit organization. From 1988 to 1990, Mr. Russell was a director of Florida Rock Industries, a publicly traded construction materials company, prior to its being acquired by Vulcan Properties Company in 2007, and the Chief Operating Officer of its wholly-owned subsidiary, The Arundel Corporation. He held various executive positions with The Arundel Corporation for approximately 15 years prior to its being acquired by Florida Rock, including serving as Chief Financial Officer from 1981 to 1988. |
Wendelin White |
Ms. Wendelin A. White is Independent Trustee of Washington Real Estate Investment Trust since May 15, 2008. She is a partner at Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”), where she has practiced law since 1981. Ms. White is a former member of Pillsbury's Managing Board and is currently the head of the firm's D.C. real estate group. In 2007, 2008, 2009, 2010, 2011 and 2012, Ms. White was ranked by Chambers USA as a real estate attorney in the District of Columbia. She was named by the Washington Business Journal in 2005 as the top real estate transactional attorney in the region. Ms. White concentrates her practice on development, acquisitions, dispositions and financings of commercial properties. Ms. White is the General Counsel of the Economic Club of Washington; a member and past President of CREW (Commercial Real Estate Women) of Washington, D.C.; and sits on CREW's Advisory Board. She also sits on the boards of Georgetown University Hospital and Chevy Chase Trust Company. As well, she is a member of the District of Columbia Building Industry Association (DCBIA). |
Anthony Winns |
Vice Admiral Anthony L. Winns (Retired) serves as Independent Trustee of Washington Real Estate Investment Trust since July 28, 2011. He is President, Middle East-Africa Region, Corporate International Business Development, at Lockheed Martin Corporation, a position he has held since January 2013. Between October 2011 and January 2013, Mr. Winns was Vice President, International Maritime Programs, at Lockheed. Between July 2011 and October 2011, Mr. Winns was a defense industry consultant. Mr. Winns retired in June 2011 after 32 years of service in the United States Navy. He served as Naval Inspector General from 2007 to his retirement. From 2005 to 2007, Mr. Winns served as Director/Vice Director for Operations of the Joint Chiefs of Staff. Between 2003 and 2005, he was Deputy Director, Air Warfare Division for the Chief of Naval Operations. Prior to 2003, Mr. Winns served in other staff and leadership positions in Washington, D.C., including at the Bureau of Naval Personnel. He also served as commanding officer of several commands, including the Pacific Patrol/Reconnaissance task force, the USS Essex, an amphibious assault carrier, and a naval aircraft squadron. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Charles Nason |
-- |
George McKenzie |
1,059,520 |
William Camp |
688,231 |
Laura Franklin |
678,315 |
Thomas Morey |
-- |
Thomas Regnell |
519,209 |
James Cederdahl |
501,013 |
Paul Weinschenk |
-- |
William Byrnes |
-- |
Edward Civera |
-- |
John McDaniel |
-- |
Thomas Russell |
-- |
Wendelin White |
-- |
Anthony Winns |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Charles Nason |
0 | 0 |
George McKenzie |
145,224 | 941,979 |
William Camp |
0 | 0 |
Laura Franklin |
62,461 | 313,409 |
Thomas Morey |
0 | 0 |
Thomas Regnell |
106,591 | 666,711 |
James Cederdahl |
0 | 0 |
Paul Weinschenk |
0 | 0 |
William Byrnes |
0 | 0 |
Edward Civera |
0 | 0 |
John McDaniel |
0 | 0 |
Thomas Russell |
0 | 0 |
Wendelin White |
0 | 0 |
Anthony Winns |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
REGNELL THOMAS L |
112 | $28.72 |
BYRNES WILLIAM G |
314 | $0.00 |
CEDERDAHL JAMES BRADLEY |
2,800 | $27.32 |
REGNELL THOMAS L |
100 | $27.71 |
MCKENZIE GEORGE F |
5,000 | $28.25 |
FRANKLIN LAURA M |
20,000 | $27.88 |
MCKENZIE GEORGE F |
5,702 | $0.00 |
CAMP WILLIAM T |
1,029 | $0.00 |
FRANKLIN LAURA M |
956 | $0.00 |
MCKENZIE GEORGE F |
25,000 | $27.63 |
MCKENZIE GEORGE F |
10,956 | $0.00 |
REGNELL THOMAS L |
3,194 | $0.00 |
MOREY THOMAS C |
3,304 | $0.00 |
FRANKLIN LAURA M |
6,224 | $0.00 |
CAMP WILLIAM T |
6,224 | $0.00 |
CEDERDAHL JAMES BRADLEY |
3,414 | $0.00 |
MOREY THOMAS C |
1,652 | $0.00 |
REGNELL THOMAS L |
1,652 | $0.00 |
MCKENZIE GEORGE F |
2,868 | $0.00 |
REGNELL THOMAS L |
1,652 | $0.00 |
FRANKLIN LAURA M |
2,008 | $0.00 |
CAMP WILLIAM T |
2,008 | $0.00 |
CEDERDAHL JAMES BRADLEY |
1,652 | $0.00 |
REGNELL THOMAS L |
170 | $26.15 |
FRANKLIN LAURA M |
1,188 | $26.15 |

