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Eastgroup Properties Inc (EGP.N)

EGP.N on New York Stock Exchange

97.90USD
15 Nov 2018
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Summary

Name Age Since Current Position

David Hoster

72 2016 Independent Chairman of the Board

Leland Speed

85 2016 Chairman Emeritus

Marshall Loeb

55 2016 President, Chief Executive Officer, Director

Brent Wood

48 2017 Chief Financial Officer, Executive Vice President

John Coleman

58 2017 Executive Vice President

C. Bruce Corkern

56 2016 Senior Vice President, Chief Accounting Officer, Controller, Assistant Secretary

Ryan Collins

37 2017 Senior Vice President

R. Reid Dunbar

42 2017 Senior Vice President

Staci Tyler

2017 Controller

H. Eric Bolton

61 2016 Lead Independent Director

Donald Colleran

62 2017 Director

D. Pike Aloian

63 1999 Independent Director

Hugh Bailey

78 1980 Independent Director

Hayden Eaves

72 2002 Independent Director

Fredric Gould

82 1998 Independent Director

Mary Mccormick

60 2005 Independent Director

Wendi Joyner

2017 IR Contact Officer

Biographies

Name Description

David Hoster

Mr. David H. Hoster, II is an Independent Chairman of the Board of the Company. Mr. Hoster is Chairman of the Board of Directors, a position he has held since January 2016. 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 knowledge of the Company and the industry in which we operate, including 40 years’ involvement with publicly held REITs and extensive experience with industrial real estate, provide valuable insight to the Board in formulating and executing the Company’s strategy. Mr. Hoster previously served on the Board of Directors of Trustmark National Bank and Trustmark Corporation until April 2016 and on the NAREIT Board of Governors. He received a BA degree with honors from Princeton University and an MBA from Stanford University Graduate School of Business.

Leland Speed

Mr. Leland R. Speed is Chairman Emeritus of the Company. Mr. Speed is Chairman Emeritus of the Board of Directors, a positon he has held since January 2016. He served as the Chairman of the Board of the Company from 1983 to December 2015 and a director since 1978. He brings extensive knowledge of the Company, experience in commercial real estate and real estate development as well as his current experience as an active member of public and charitable boards. He served as Chief Executive Officer of both the Company and Parkway Properties, Inc. until 1997, as Chairman of the Board of Parkway from 1980 until 2011 and as Chairman Emeritus of Parkway until 2012. From 2004 to 2006 and from March 2011 to January 2012, Mr. Speed served as the Executive Director of the Mississippi Development Authority, the State of Mississippi’s lead economic development agency. He has served in various capacities at NAREIT, including the Board of Governors and was the recipient of the 2008 Industry Leadership Award. He received his BS in Industrial Management from Georgia Institute of Technology and an MBA from the Harvard Graduate School of Business.

Marshall Loeb

Mr. Marshall A. Loeb is President, Chief Executive Officer, Director of the Company. Mr. Loeb has served as the President of the Company since March 2015 and Chief Executive Officer and a director of the Company since January 2016. He rejoined the Company as President and Chief Operating Officer in March 2015 from Glimcher Realty Trust, now Washington Prime Group Inc., a retail REIT that owns, develops and manages shopping centers in the United States, 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. Previously, Mr. Loeb was employed by the Company from 1991 to 2000, beginning as an asset manager and rising to senior vice president after having a variety of responsibilities with the Company. Mr. Loeb has almost 30 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.

Brent Wood

Mr. Brent W. Wood is appointed as Chief Financial Officer, Executive Vice President of the Company. Mr. Wood has served as Executive Vice President since May 2017 and Chief Financial Officer and Treasurer of the Company since August 2017. He was a Senior Vice President of the Company from 2003 to 2017, 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. he earned his CPA license. Mr. Wood received his Bachelor and Master of Accountancy from The University of Mississippi.

John Coleman

Mr. John F. Coleman has been appointed as Executive Vice President of the Company. Mr. Coleman has served as an Executive Vice President of the Company since May 2017. He was a Senior Vice President of the Company from 2001 to 2017. 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). Mr. Coleman received his B.S. and Masters in Architecture from Clemson University.

C. Bruce Corkern

Mr. C. Bruce Corkern, CPA., is Senior Vice President, Chief Accounting Officer, Controller, Assistant Secretary of the Company. Mr. Corkern has served as Chief Accounting Officer since 2005, Secretary since 2017 and has been a Senior Vice President of the Company since 2000. He was Controller of the Company from 2000 to 2017. From 1990 until 2000, he was the Vice President of Finance of Time Warner Cable (Jackson/Monroe Division). Mr. Corkern is a graduate of The University of Southern Mississippi and is a Certified Public Accountant.

Ryan Collins

Mr. Ryan M. Collins is Senior Vice President of the company. Mr. Collins has served as a Senior Vice President since May 2017. Prior to joining the Company, Mr. Collins served as Vice President and Asset Manager for Clarion Partners (a diversified real estate investment firm). Mr. Collins received his Bachelor of Business Administration with a concentration in Real Estate from the McCombs Business School at the University of Texas.

R. Reid Dunbar

Mr. R. Reid Dunbar is Senior Vice President of the company. Mr. Dunbar has served as a Senior Vice President since May 2017. Prior to joining the Company, Mr. Dunbar was a Senior Vice President with Prologis (an industrial real estate investment trust). Mr. Dunbar received both his Bachelor of Business Administration and Masters in Business Administration from the McCombs Business School at the University of Texas.

Staci Tyler

Ms. Staci H. Tyler is Controller of the company. Ms. Staci Tyler serves as Vice President and Controller. Ms. Tyler joined EastGroup in 2007 as Assistant Controller. Prior to joining EastGroup, she served as Senior Audit Associate with KPMG. Ms. Tyler is a Certified Public Accountant and earned her Master and Bachelor of Accountancy degrees from The University of Mississippi.

H. Eric Bolton

Mr. H. Eric Bolton, Jr., is Lead Independent Director of the Company. Mr. Bolton has served as a director of the Company since 2013. He brings extensive business and real estate operating experience to the Board. Mr. Bolton has been Chief Executive Officer of Mid-America Apartment Communities, Inc. (“MAA”), a REIT that owns and operates apartment complexes, 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.

Donald Colleran

Mr. Donald F. Colleran is Director of the Company. Mr. Colleran was appointed a director of the Company in August 2017. His leadership positions provide broad experience and allow him to provide valuable insight to the Company and the Board regarding operational and strategic issues. He is Executive Vice President, Chief Sales Officer of FedEx Corporation. He also serves on the Strategic Management Committee, which sets the strategic direction for FedEx. Mr. Colleran joined FedEx in 1989, where he has served in a variety of leadership roles including Executive Vice President, Global Sales of FedEx Services from July 2006 through December 2016. He received a BBA from the University of New Hampshire.

D. Pike Aloian

Mr. D. Pike Aloian is an Independent Director of the Company. Mr. Aloian has served as a director of the Company since 1999. 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, negotiating and structuring transactions, and 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.

Hugh Bailey

Mr. Hugh C. Bailey, Jr., is an Independent Director of the Company. Mr. Bailey has served as a director of the Company since 1980. 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 industries. 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, in cooperation with the Mortgage Bankers Association of America.

Hayden Eaves

Mr. Hayden C. Eaves, III, is an Independent Director of the Company. Mr. Eaves has served as a director of the Company since 2002. 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 extensive experience in the real estate industry. 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. Previously, Mr. Eaves 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 currently serves 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 no longer an Independent Director of the Company., effective May 2019 (refusal to stand for re-election) Mr. Gould has served as a director of the Company since 1998. 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 served on the Board since 2005. Ms. McCormick has extensive experience in real estate, capital markets, and corporate governance and brings that expertise to Board discussions. She served the Ohio Public Employees System from 1989 through 2005, where she was responsible for directing real estate investments and overseeing an internally managed REIT portfolio. In recent years, she has served on the boards of multiple public and private real estate companies and as a Senior Advisor for Almanac Realty Partners. 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 teaches real estate at the Fisher College of Business, The Ohio State University. She has served on the Board of Directors of Xenia Hotels and Resorts, a lodging REIT, since 2015 and previously served on the Board of Directors of MAA from 2006 to 2010. Ms. McCormick is a member of the Urban Land Institute and the National Association of Corporate Directors. She has a Bachelor’s degree and an MBA from The Ohio State University.

Wendi Joyner

Basic Compensation

Name Fiscal Year Total

David Hoster

319,507

Leland Speed

137,007

Marshall Loeb

5,356,620

Brent Wood

2,342,960

John Coleman

2,183,280

C. Bruce Corkern

1,458,070

Ryan Collins

--

R. Reid Dunbar

969,162

Staci Tyler

--

H. Eric Bolton

151,007

Donald Colleran

95,428

D. Pike Aloian

161,007

Hugh Bailey

141,007

Hayden Eaves

154,507

Fredric Gould

133,007

Mary Mccormick

156,007

Wendi Joyner

--
As Of  31 Dec 2017