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United States

UDR Inc (UDR.N)

UDR.N on New York Stock Exchange

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Summary

Name Age Since Current Position

Thomas Toomey

57 2018 Chairman of the Board, President, Chief Executive Officer

Lynne Sagalyn

70 2010 Independent Vice Chairman of the Board

Joseph Fisher

38 2017 Chief Financial Officer, Senior Vice President, Principal Financial Officer

Jerry Davis

55 2013 Chief Operating Officer, Senior Vice President

Warren Troupe

64 2013 Senior Executive Vice President

Harry Alcock

55 2017 Senior Vice President, Chief Investment Officer

Tracy Hofmeister

47 2018 Principal Accounting Officer, Vice President

James Klingbeil

82 2018 Lead Independent Director

Katherine Cattanach

73 2006 Independent Director

Robert Freeman

73 1998 Independent Director

Jon Grove

73 1998 Independent Director

Mary King

65 2015 Independent Director

Clinton McDonnough

62 2016 Independent Director

Robert McNamara

64 2014 Independent Director

Mark Patterson

57 2014 Independent Director

Christopher Van Ens

2017 Vice President - Investor Relations

Biographies

Name Description

Thomas Toomey

Mr. Thomas W. Toomey is Chairman of the Board, President, Chief Executive Officer of the Company. Over his tenure, Mr. Toomey has been instrumental in repositioning UDR’s portfolio, including the acquisition and disposition of over $16 billion in multifamily communities and development of $3 billion in multifamily communities, which has led to above average return of 13% for UDR’s shareholders. As of December 2017, UDR owned or had an ownership interest in approximately 49,728 apartment homes in select markets across the U.S. Prior to heading UDR, Mr. Toomey held various senior positions, including Chief Operating Officer and Chief Financial Officer, with AIMCO (NYSE), a multifamily REIT peer. At AIMCO, Mr. Toomey was instrumental in transforming the company into the largest apartment owner in the U.S., growing its portfolio ten-fold over his tenure. Prior to AIMCO, Mr. Toomey served as a Senior Vice President with Lincoln Property Company, a multifaceted, national real estate firm, for five years. As a leader in the real estate industry, Mr. Toomey is Global Chair, a Trustee, Governor and Board member of the Urban Land Institute (ULI), a member of the Board of Governors of the National Association of Real Estate Investment Trusts (NAREIT), on the Executive Committee of the National Multi Housing Council (NMHC), a member of The Real Estate Roundtable and is Chair and a Trustee of the Oregon State University Foundation. Mr. Toomey served on the board of directors and was a member of the audit committee of The Ryland Group, Inc. (NYSE), a home builder, from December 2013 until its merger with Standard Pacific in October 2015.

Lynne Sagalyn

Dr. Lynne B. Sagalyn, Ph.D., is an Independent Vice Chairman of the Board of the Company. Dr. Sagalyn has The Earle W. Kazis and Benjamin Schore Professor Emerita of Real Estate at Columbia Business School, where she taught and directed the MBA Real Estate Program for over 20 years. She was a Professor of Real Estate Development and Planning at the University of Pennsylvania, with appointments in both the School of Design (City Planning) and the Wharton School (Real Estate), as well as at the Massachusetts Institute of Technology, where she was an Associate Professor of Planning and Real Estate Development. Dr. Sagalyn has a strong background in business and academia. She is a specialist in real estate finance and urban development and is widely known as an expert in real estate equity securities and public development finance. Her research and writings on real estate investment, securitization, urban development and public policy have been published in both academic and professional journals. Dr. Sagalyn is the author of: Power at Ground Zero: Politics, Money and the Remaking of Lower Manhattan (Oxford University Press, 2016); Times Square Roulette: Remaking the City Icon (MIT Press, 2001), an analysis of the politics, policy and economics of one of the city’s largest and longest redevelopment initiatives; Cases in Real Estate Finance and Investment Strategy (ULI, 2000); and co-author of Downtown, Inc.: How America Rebuilds Cities (MIT Press, 1989), as well as numerous articles for academic and professional publications. Dr. Sagalyn is a director and Chair of the audit committee of Blackstone Mortgage Trust, Inc. (NYSE), a public real estate investment trust that specializes in real estate lending. Dr. Sagalyn serves on the audit and compliance committee of New York City Planned Parenthood, on the board of the Skyscraper Museum and on the board of the New York City Trust for Cultural Resources. Dr. Sagalyn serves on the advisory board of Olshan Properties, a New York-based family real estate concern.

Joseph Fisher

Mr. Joseph D. Fisher has been appointed as Chief Financial Officer, Senior Vice President, Principal Financial Officer of the Company effective as of January 1, 2017. Mr. Fisher oversees the areas of accounting, tax, financial planning and analysis, investor relations and SEC reporting. He joined us in January 2017 as Senior Vice President — Chief Financial Officer. Mr. Fisher previously served as Co-Head of the Americas and Co-Lead Portfolio Manager at Deutsche Asset and Wealth Management since 2007. Prior to serving in those positions, he was Associate, Structured Debt Investments from April 2005 to June 2007, and Portfolio Analyst, Portfolio Management Group from May 2004 to June 2006. From June 2003 to May 2004, Mr. Fisher was an Asset Management Analyst at Principal Real Estate Investors.

Jerry Davis

Mr. Jerry A. Davis is Chief Operating Officer, Senior Vice President of the Company., Mr. Davis oversees property operations, human resources and technology. He originally joined us in March 1989 as Controller and subsequently moved into Operations as an Area Director and in 2001 he accepted the position of Chief Operating Officer of JH Management Co., a California-based apartment company. He returned to the Company in August 2002 and, in 2013, Mr. Davis was promoted to Senior Vice President — Chief Operating Officer. He began his career in 1984 as a Staff Accountant for Arthur Young & Co. He currently serves as a member of the Executive Council of the NMHC, and is on the Board of Directors of the National Apartment Association.

Warren Troupe

Mr. Warren L. Troupe is Senior Executive Vice President of the Company., Mr. Troupe oversees all financial, treasury, compliance and legal functions of the Company. He joined us in March 2008 as Senior Executive Vice President. In May 2008, he was appointed the Company’s Corporate Compliance Officer and in October 2008 he was named the Company’s Corporate Secretary. Prior to joining us, Mr. Troupe was a partner with Morrison & Forester LLP from 1997 to 2008. He currently serves as a member of the Executive Committee of the National Multifamily Housing Council (NMHC), and is a member of the Urban Land Institute.

Harry Alcock

Mr. Harry G. Alcock is Senior Vice President, Chief Investment Officer of the company. He was Senior Vice President - Asset Management of Udr, Inc., Mr. Alcock oversees the Company’s acquisitions, dispositions, development, redevelopment and asset management. He joined us in December 2010 as Senior Vice President — Asset Management and in February 2017 was promoted to Senior Vice President — Chief Investment Officer. Prior to joining the Company, Mr. Alcock was with AIMCO for over 16 years, serving most recently as Executive Vice President, Co-Head of Transactions and Asset Management. He was appointed Executive Vice President and Chief Investment Officer in 1999, a position he held through 2007. Mr. Alcock established and chaired AIMCO’s Investment Committee, established the portfolio management function and at various times led the property debt and redevelopment departments. He currently serves as a member of the Executive Council of the NMHC, and is a member of the Multifamily Gold Council for Urban Land Institute.

Tracy Hofmeister

Mr. Tracy L. Hofmeister has been appointed as Principal Accounting Officer, Vice President of the Company. He joined the Company in March, 2013 as Vice President – Technical Accounting and SEC Reporting and became Vice President – Controller in March, 2016, Vice President – Accounting in July, 2017 and Vice President – Chief Accounting Officer in February, 2018. Mr. Hofmeister is a Certified Public Accountant and a graduate of the University of Colorado. No family relationship exists between Mr. Hofmeister and any of the Company’s directors or executive officers. The Company has not entered into any new compensation arrangements with Mr. Hofmeister in connection with his appointment. Mr. Hofmeister is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

James Klingbeil

Mr. James D. Klingbeil is Lead Independent Director of the Company. Mr. Klingbeil Professional Experience are Lead Independent Director since January 2018. Chairman of the Board of Directors from March 2010 to December 2017 and Vice Chairman of the Board from October 2000 until March 2010. Chairman of Klingbeil Capital Management and The Klingbeil Company. Chairman and Chief Executive Officer of American Apartment Communities II from 1995 until its merger with the Company in December of 1998. He currently serves as a director of numerous private companies and on the Board of Trustees of The Ohio State University. He is also the past Chairman and a lifetime member of the Board of Trustees of the Urban Land Institute and a member of the ULI Foundation Board. Relevant Skills are Mr. Klingbeil has been active in nearly every aspect of real estate investment, development and management for over 50 years, with a special focus on building, acquiring, managing and/or selling multifamily communities. Chairman and Chief Executive Officer of American Apartment Communities II, which had a value of $800 million when we acquired it in December 1998, and he has demonstrated exceptional leadership abilities as a member of our board since that acquisition.

Katherine Cattanach

Dr. Katherine A. Cattanach, Ph.D., is an Independent Director of the Company. Professional Experience Former General Partner of INVESCO Private Capital, Inc. (formerly Sovereign Financial Services, Inc.), a company specializing in private equity investments, from 1987 to 2005. Relevant Skills Currently a member of the Institute of Chartered Financial Analysts. Has a strong background in both business and academia, and her expertise in investments and finance is recognized nationally and internationally. Has executive management experience, having served as Founder and Chief Executive Officer of Sovereign Financial Services, Inc. and as Executive Vice President of Captiva Corporation. Has a Ph.D. in Finance and has served on the faculty of the College of Business at the University of Denver and as an Associate Professor of Finance at the University of Denver’s Graduate School of Business. Committee Expertise Highlights Audit Committee Member. From 2005 to March 2006, she served as a director and member of the audit and compensation committees of Collect America, Ltd. Has served as a member of several corporate boards and board committees and on several partnership advisory boards. Governance Committee Member. Secretary and a member of the Board of Trustees of Great Outdoors Colorado. She is active in, and serves as a member of, numerous charitable organizations. Extensive civic leadership, including the Colorado Commission on Higher Education, the Governing Board for the Colorado State University System, the Foundation for Metropolitan State College, the Board of Trustees for the Colorado Chapter of the Nature Conservancy and the Board of Trustees for the Yellowstone Association.

Robert Freeman

Mr. Robert P. Freeman is an Independent Director of the Company. Professional Experience Senior Managing Director and Principal of Greyfields Investors LLC, a real estate private equity company, since 2007. President of Landfall Capital LLC, a private real estate merchant bank, since 2001. Managing Director of Wells Hill Partners, Ltd., a real estate investment banking firm, from 1999-2001. Managing Director of Lazard Frères & Co. LLC, a private investment bank and President of Lazard Frères Real Estate Investors, L.L.C., a real estate investment company, from 1992 to 1999. Relevant Skills Has been active in real estate related investment, management and development since the 1970s. Currently he is a principal of a real estate private equity company that invests in, restructures and redevelops inefficient real estate and provides turnaround services and capital markets advice, and he founded a privately held real estate merchant bank that sources, structures and invests in real estate assets and securities. Active in and serves as a director of numerous private companies and charitable organizations.

Jon Grove

Mr. Jon A. Grove is an Independent Director of Company since 1998. Mr. Grove Professional Experience are Former Chairman, President and Chief Executive Officer of ASR Investments Corporation from its organization in 1987 until our acquisition of ASR in 1998. Former Chairman and director of American Southwest Holdings, LLC and SecurNet Mortgage Securities LLC. Relevant Skills From 1987 to 1998, served as the Chairman, President and Chief Executive Officer of a publicly traded real estate investment trust that owned and operated apartment communities.

Mary King

Ms. Mary Ann King is Independent Director of the Company. Ms. Mary Professional Experience are Co-Chair of Moran & Company, a real estate brokerage firm focusing exclusively on multifamily assets and mixed use assets with significant multifamily components. Partner in Charge of Moran & Company’s Irvine, California office. Relevant Skills Ms. King has been in the apartment industry since 1983. Has served three terms as a ULI trustee. Is currently a member of the National Multifamily Housing Council’s Executive Committee. Previously served on the National Multifamily Housing Council’s Leadership Team from 2000 to 2008 and chaired that organization from 2006-2008. Over the Rainbow Association – Member of the OTR Board of Directors, Member of the OTR Executive Committee, Development Committee and Compensation Committee, Member and Vice Chairman of OTR’s LIFE Fund and President and Director of The Donald P. Gustafson Foundation. Member of the Advisory Board of Sack Properties. Full Member of ULI and Member of MFC-Blue Product Council; former Trustee from 2012-2015 and former Product Council Counselor for all four Multifamily Product Councils.

Clinton McDonnough

Mr. Clinton D. McDonnough is Independent Director of the Company. Mr. McDonnough Professional Experience are Managing Partner of McDonnough Consulting LLC, a consulting firm, since May 2016. Served 38 years for Ernst & Young LLP before retiring in June, 2015. In his role as Office Managing Partner for Dallas, Texas, he was responsible for day-to-day practice operations. Prior to serving as the Office Managing Partner, Mr. McDonnough was the firm’s Managing Partner of Assurance & Advisory Business Services for the Southwest Area practice. He also served as Ernst & Young’s National Director of Real Estate Advisory Services. Served as Ernst & Young’s National Director of Real Estate Advisory Services, creating a unified national real estate consulting practice. Has an extensive background in accounting, auditing and advisory services, having worked for 38 years with Ernst & Young LLP, including as the firm’s Office Managing Partner for Dallas, Texas, as Managing Partner of Assurance & Advisory Business Services for the Southwest Practice Area and as Director of Real Estate Advisory Services. Mr. McDonnough serves on the board of directors and is chair of the audit committee of Forterra (Nasdaq), a manufacturer of water and drainage pipe and products, and serves on the board of directors and is a member of the audit committee of Orix USA, a diversified financial services company.

Robert McNamara

Mr. Robert A. McNamara is an Independent Director of the Company. Mr. McNamara is Former Group Chief Risk Officer of the Lend Lease Corporation (ASX), an international property and infrastructure firm from 2014 to 2017. Former Chief Executive Officer Americas of Lend Lease Corporation (ASX) from 2010 to 2014. Former Chairman and Chief Executive Officer of Penhall/LVI International, an environmental remediation, concrete services and infrastructure repair firm, from 2006 to 2010. Mr. McNamara held various positions at Fluor Corporation, a global engineering and construction company, from 1996 to 2006, including Senior Executive and Group President. Mr. McNamara began his career at Marshall Contractors, Inc., a general contractor, where he held various positions from 1978 to 1996, including President and Chief Operating Officer. Was responsible for ensuring Lend Lease achieves world’s best practice in risk management and operational excellence. He also oversaw Lend Lease’s Building, Engineering and Services business in Australia. Mr. McNamara is an accomplished senior executive with significant expertise in construction, development and real estate investment. He brings to the board over 35 years of experience managing global businesses in the development, design and delivery of projects in the government, institutional, infrastructure and industrial sectors in senior management positions. Member of the Board of Directors of Jacobs Engineering Group, Inc. (NYSE). Mr. McNamara has also served on the board of the US China Business Council and as Chairman for the Construction Industry Institute’s Technology Implementation Task Force.

Mark Patterson

Mr. Mark R. Patterson is an Independent Director of the Company., effective January 1, 2014. Mr. Patterson has Currently a real estate consultant and financial advisor and is President of MP Realty Advisors, LLC. From September 2010 until March 2016, Mr. Patterson was Chairman, and until January 2015, Chairman and Chief Executive Officer, of Boomerang Systems, Inc., a manufacturer of fully automated, robotic parking systems. Until January 2009, Mr. Patterson was a Managing Director and the Head of Real Estate Global Principal Investments at Merrill Lynch, where he oversaw the real estate principal investing activities of Merrill Lynch. Mr. Patterson joined Merrill Lynch in April 2005 as the Global Head of Real Estate Investment Banking and in 2006 he also became the Co-Head of Global Commercial Real Estate, which encompassed real estate investment banking, principal investing and mortgage debt. Prior to joining Merrill Lynch, Mr. Patterson spent 16 years at Citigroup, where he was the Global Head of Real Estate Investment Banking since 1996. Previously, Mr. Patterson was with Chemical Realty Trust in New York from 1987 to 1989, as an Associate in the Real Estate Investment Banking group and in the Real Estate Group at Arthur Andersen in Houston, Texas from 1982 to 1985. Mr. Patterson has a strong background in real estate finance. During his tenure as Managing Director and Head of Real Estate Global Principal Investments at Merrill Lynch, Mr. Patterson oversaw investment banking, private equity and real estate debt. Mr. Patterson serves on the board of directors and is a member of the governance committee, the compensation committee and the investment committee of Americold Realty Trust (NYSE), a REIT focused on temperature-controlled warehouses, and serves on the board of directors and is a member of the audit committee and compensation committee of Digital Realty Trust (NYSE), a REIT focused on data centers.

Christopher Van Ens

Basic Compensation

Name Fiscal Year Total

Thomas Toomey

7,780,920

Lynne Sagalyn

204,883

Joseph Fisher

2,653,470

Jerry Davis

3,058,160

Warren Troupe

2,803,320

Harry Alcock

2,896,560

Tracy Hofmeister

--

James Klingbeil

324,801

Katherine Cattanach

200,451

Robert Freeman

213,591

Jon Grove

213,591

Mary King

200,451

Clinton McDonnough

198,331

Robert McNamara

198,331

Mark Patterson

198,331

Christopher Van Ens

--
As Of  30 Dec 2017