People: WPT Industrial Real Estate Investment Trust (WIRu.TO)
16 Jul 2019
Mr. Scott T. Frederiksen serves as Chief Executive Officer, Trustee of WPT Industrial Real Estate Investment Trust. Mr. Frederiksen is the Chief Executive Officer of the REIT. He is also the Chief Executive Officer and a member of the board of managers of Welsh. Mr. Frederiksen has served in many distinguished roles during his 25-year tenure with the Welsh organization. Starting as an industrial broker in 1987, he was named Senior Vice President in 1996 and became a Principal of Welsh Companies, LLC in 2006. Mr. Frederiksen also served as President of WelshInvest, LLC from January 2008 until his appointment as Chief Executive Officer of Welsh in 2010. In his current role as Chief Executive Officer of Welsh, Mr. Frederiksen is responsible for strategic oversight of the asset-based growth of the company, leading a team of dedicated professionals in the areas of financial analysis, acquisitions, due diligence, legal, investor relations, financing, asset management and dispositions. Mr. Frederiksen was also instrumental in negotiating and structuring a $200 million credit facility for Welsh as part of a strategic consolidation of Welsh’s industrial portfolio. He serves as a frequent speaker and panellist for regional and national industry organizations in the U.S. and Canada, including the UBS Industrial Summit, the National Association of Industrial and Office Properties, REALpac, the BMO Global Real Estate Conference, NAREIT and RealREIT. Mr. Frederiksen holds a Bachelor of Science degree from St. Cloud State University, where he graduated summa cum laude. He is a Certified Commercial Investment Member, a member of the National Association of Real Estate Investment Trusts and the Society of Industrial and Office Realtors, and holds a Real Estate Broker’s License in the State of Minnesota. Mr. Frederiksen also holds his Series 24, 7 and 63 securities licenses and is a principal license holder for Welsh Securities, LLC.
|Total Annual Compensation, CAD||310,000|
|Restricted Stock Award, CAD||196,200|
|Long-Term Incentive Plans, CAD||--|
|All Other, CAD||29,605|
|Fiscal Year Total, CAD||535,805|