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People: CoreSite Realty Corp (COR.N)

COR.N on New York Stock Exchange

23 Aug 2019
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Szurek, Paul 

Mr. Paul E. Szurek has been appointed as President, Chief Executive Officer, Director of CoreSite Realty Corp. Mr. Szurek has served as our President and Chief Executive Officer since September 2016, and as a director since September 2010. From 2003 to August 2016, Mr. Szurek was Chief Financial Officer of Biltmore Farms, LLC ("Biltmore Farms"), a residential and commercial real estate development and operating company. Prior to joining Biltmore Farms, Mr. Szurek served as Chief Financial Officer of Security Capital Group Incorporated, a publicly traded real estate investment, development and operating company with extensive REIT engagement. Mr. Szurek is currently a director of Four Corners Property Trust, a REIT focused on restaurant real estate. He has also previously served as a director of the Charlotte, North Carolina branch of the Federal Reserve Bank of Richmond and as a director to two publicly traded real estate companies, Regency Centers and Security Capital U.S. Realty. Mr. Szurek received a J.D. with honors from Harvard Law School and a B.A. in Government, magna cum laude, from the University of Texas at Austin. In determining Mr. Szurek's qualifications to serve on our Board, the Board considered, among other things, Mr. Szurek's significant experience concerning the acquisition, disposition, financing, operations and market opportunities of private and publicly traded REITs, which provide us with valuable insight into REIT-industry trends that affect our business. In addition, Mr. Szurek provides valuable insight to the Board based on the day-to-day operations and issues he encounters as our President and Chief Executive Officer.

Basic Compensation

Total Annual Compensation, USD 1,508,380
Restricted Stock Award, USD 4,184,420
Long-Term Incentive Plans, USD --
All Other, USD 14,730
Fiscal Year Total, USD 5,707,520

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised 2,500 186,125.00