Mr. Bond is President and Chief Executive Officer of W. P. Carey & Co. LLC. Mr. Bond has served as an independent director of the company since April 2007 and served as director of several of the company’s CPA® REIT programs from 2005 to 2007. He has over 25 years of management experience in several sectors, including finance, development, investment and asset management across a range of property types, as well as direct experience in Asia. Mr. Bond has been the managing member of Maidstone Investment Co., LLC since 2002, a private investment vehicle investing in real estate limited partnerships. Previously he served in several management capacities for Credit Suisse First Boston from 1992 to 2002, where he was co-founder of CSFB’s Real Estate Equity Group, which managed approximately $3 billion of real estate assets. Prior to CSFB, he served as an associate to the real estate and finance departments of Tishman Realty & Construction Co. and Goldman, Sachs & Co. in New York. Mr. Bond received an M.B.A. from Harvard University.
Mr. Carey currently serves as Chairman of the Executive Committee and Chief Ethics Officer of the Company. He served as Vice Chairman of the Board of Directors of W. P. Carey & Co. LLC from 2000 until he retired from the position in 2005 and has previously served as Chairman and Chief Executive Officer of Carey Diversified. From its inception in 1973 through 1997, Mr. Carey served as a Director of W. P. Carey & Co., Inc., and as its President from 1987 through 1997.
Prior to 1987, he was senior partner in the Philadelphia office of Reed Smith LLP, where he served as a member of the firm's Executive Committee and as National Head of the firm's Real Estate Department.
From 1972 to 1982, he was a member of the Executive Committee and Board of Managers of the Western Savings Bank of Philadelphia. He is also the former Chairman of the Real Property, Probate and Trust Section of the Pennsylvania Bar Association.
From 1983 to 1990, Mr. Carey served as a member of the Board of Overseers of the School of Arts and Sciences at the University of Pennsylvania. He has also served as a member of the Board of Trustees of the Investment Program Association from 1990 to 2000, and was Chairman from 1998 to 2000. From 1994 to 2002, he served on the Business Advisory Council of the Business Council for the United Nations. He currently serves on the Board of Trustees of the Maryland Historical Society. He also serves as President of W. P. Carey International and of the W. P. Carey Foundation.
He earned A.B. and J.D. degrees from the University of Pennsylvania and completed executive programs in corporate finance and accounting at Stanford University Graduate School of Business and at the Wharton School of the University of Pennsylvania.
Mr. Coolidge was elected to the Board of Directors of W. P. Carey & Co. LLC in 2002 and currently serves as Chairman of the Investment Committee. Mr. Coolidge, former Senior Vice President of John Hancock Mutual Life Insurance Company, retired in 1996 after 23 years of service. From 1986 to 1996, Mr. Coolidge headed the Bond and Corporate Finance Department, which was responsible for managing its entire fixed income investments portfolio. Prior to 1986, Mr. Coolidge served as Second Vice President and Vice President. Mr. Coolidge is a graduate of Harvard University and served as a U.S. naval officer.
Mr. Faber was elected to the Board of Directors of W. P. Carey & Co. LLC in 1998 and currently serves as Chairman of the Nominating and Corporate Governance Committees. Mr. Faber held various posts with Eberhard Faber Inc., the worldwide manufacturer of writing products and art supplies, serving as Chairman and CEO from 1973 until 1987, when the company merged into Faber-Castell Corporation. He served as a Director of the Federal Reserve Bank of Philadelphia from 1980 to 1986, chairing its Budget and Operations Committee, and was Chairman of the Board of Citizen’s Voice Newspaper from 1992 to 2002. Currently, he is an emeritus director of PNC Bank, N.A., where he served as a member of the Northeast Pennsylvania Advisory Board of PNC Bank, N.A. from 1998 to 2011 and as a Director from 1994 to 1998, a Trustee of the Geisinger Wyoming Valley Hospital and the Eberhard L. Faber Foundation, and a Borough Councilman of Bear Creek Village. Mr. Faber also served as Chairman of the Board of King’s College in Wilkes-Barre, Pennsylvania from 1996 through 2011.
Mr. Faber graduated magna cum laude from Princeton University, where he was a member of Phi Beta Kappa and served as Chairman of The Daily Princetonian. Mr. Faber was also a Fulbright Scholar and teaching fellow at the University of Caen in France.
Mr. Griswold was elected to the Board of Directors in 2006 and currently serves as Chairman of the Compensation Committee. He is Partner and Chairman of Brown Advisory, a Baltimore-based firm providing asset management and strategic advisory services in the U.S. and abroad. Prior to joining Brown Advisory as Senior Partner in March 2005, Mr. Griswold had served as senior chairman of Deutsche Bank Securities Inc. He had served as senior chairman of Deutsche Banc Alex. Brown, the predecessor of Deutsche Bank Securities Inc. since the acquisition of Bankers Trust by Deutsche Bank in 1999.
Mr. Griswold began his career at Alex. Brown & Sons in 1967 and became a partner of the firm in 1972. He headed the company’s Research Department, Equity Trading, and Equity Division prior to being elected vice chairman of the board and director in 1984, and chairman of the board in 1987. Upon the acquisition of Alex. Brown by Bankers Trust New York Corporation in 1997, he became senior chairman of BT Alex. Brown.
Mr. Griswold is a member of the boards of Black & Decker, Baltimore Life Insurance and Flowers Foods. A former director of the New York Stock Exchange, he is active in civic affairs in the Baltimore area and serves on the board of Johns Hopkins University and heads the Endowment Board of the Baltimore Symphony Orchestra.
Dr. Richard C. Marston, is the James R.F. Guy Professor of Finance and Economics at the University of Pennsylvania and its Wharton School, having joined the faculty of the University in 1972. Dr. Marston has four decades of financial and economic industry experience, is a holder of earned degrees from Massachusetts Institute of Technology, Oxford University (Balliol College), and Yale University, and has been awarded numerous honors, fellowships and grants throughout the United States, Europe and Asia. Dr. Marston has been a consultant to government agencies like the U.S. Treasury, Federal Reserve and IMF and to firms such as Citigroup, JP Morgan, and Morgan Stanley. He currently serves as an advisor to Morgan Stanley’s Portfolio Advisory Services and is also an advisor to several family offices. Dr. Marston has been a director of W. P. Carey International and of our advisor since June 2009 and a member of the Investment Committee since September 2010.
Mr. Mittelstaedt was elected to the Board of Directors of W. P. Carey & Co. LLC in 2007. Mr. Mittelstaedt has served as dean of the W. P. Carey School of Business at Arizona State University since June 2004. He also serves on the Boards of Directors of Innovative Solutions & Support, Inc., Laboratory Corporation of America Inc. and ASU Research Park. Between 1973 and 2004, Mr. Mittelstaedt served in numerous positions at The Wharton School, most recently as Vice Dean, Executive Education, and Director of the Aresty Institute of Executive Education. From 1985-1990 he co-founded, developed and sold Intellego, Inc., a company engaged in practice management, systems development and service bureau billing operations in the medical industry. He formerly served as a member of the corporate Boards of Directors of: A.G. Simpson Automotive, Inc., Dresser Insurance, Inc., HIP Foundation, Inc. and Intelligent Electronics, Inc. He served on the non-profit board of The Methodist Home for Children of Philadelphia. Mr. Mittelstaedt received his B.S. (Mechanical Engineering) from Tulane University and his MBA from the Wharton School at the University of Pennsylvania.
Mr. Parente was elected to the Board of Directors of W. P. Carey & Co. LLC in 2006 and currently serves as Chairman of the Audit and Strategic Planning Committees. Mr. Parente also serves as Chief Executive Officer of Pagnotti Enterprises, Inc., a diversified holding company whose primary business includes workers' compensation insurance, real estate, and anthracite coal mining, preparation and sales, and as Chairman and CEO of CP Media LLC, a holding company that owns broadcast television stations. Mr. Parente has also served as a director of Community Bank System, Inc., a bank holding company, and its affiliated bank, Community Bank, N.A., from May 2004 through December 2010. Prior to this, from 1988 through 1993, he served as President and CEO of C-TEC Corporation, a telecommunications and high-technology company. From 1970 through 1987, Mr. Parente was CEO and Managing Partner of Parente Randolph, LLC, the leading independent accounting and consulting firm in Pennsylvania and among the top 30 in the country. Before this, from 1962 through 1970, he was a Principal at Deloitte, Haskins & Sells, a public accounting firm.
Mr. van Ommen served as CEO of the European Public Real Estate Association (EPRA) from 2000 to 2008, promoting, developing and representing the European public real estate sector. He has over three decades of financial industry experience, serving various roles in the banking, venture capital and asset management sectors. Mr. van Ommen currently serves on the boards of Babis Vovos, Intervest Retail and Intervest Offices, Pirelli RE and IVG Immobilien AG. An MBA graduate, Mr. van Ommen speaks Dutch, German and French.
Dr. von Köller was elected to the Board of Directors of W. P. Carey & Co. LLC in December 2003. He is currently Chairman of Lone Star Germany GmbH, Chairman of the Supervisory Board of Düsseldorfer Hypothekenbank AG and MHB Bank AG and Vice Chairman of the Supervisory Boards of IKB Deutsche Industriebank AG and Corealcredit Bank AG. Dr. von Köller was Chairman of the Board of Management of Eurohypo AG until December 2003 and from 1984 through 2001 he was a member of the Board of Managing Directors of Rheinhyp Rheinische Hypothekenbank AG (Commerzbank group) where he was responsible for the bank’s commercial real estate lending activities outside Germany. Dr. von Köller was an Executive Vice President of Berliner Handels-und Frankfurter Bank (BHF-BANK), Frankfurt, and was responsible for the bank’s corporate customer business in northern and western Germany and in western industrial countries from 1981 through 1984. Before holding this position, from 1977 through 1980, he served as Senior Vice President and Co-manager of the New York branch of BHF-BANK. From 1971 through 1976, he served in the syndicated loan and investment banking department of BHF-BANK, Frankfurt am Main. Dr. von Köller studied law at the Universities of Bonn and Munich and is a graduate of Harvard Business School.
Mr. Winssinger was elected to the Board of Directors of W. P. Carey & Co. LLC in 1998. Mr. Winssinger is founder and Chairman of National Portfolio, Inc. (NPI), an Arizona-based firm involved in acquisition, financing, management, and construction of commercial, multi-family, industrial, and land development real estate projects. He represents the third generation of a respected real estate family in Belgium, well known in Europe for its real estate appraisal, construction, and management capabilities. He spent ten years at the Winssinger family real estate company in Belgium before coming to the United States in 1979 to expand their investment activity. Over a 20-year period he created and managed a $500 million portfolio of U.S. real estate investment for U.S. and European investors. He later formed Horizon Real Estate Group, Inc., doing business as NAI Horizon in Phoenix, Arizona, a full-service real estate firm providing brokerage, property management, construction management, and real estate consulting services. That group has now expanded its activity to the Las Vegas market. Mr. Winssinger currently manages multiple companies with real estate investments primarily in Arizona, California, and Texas. He also serves as a director of Pierce-Eislen, Inc., and is the Honorary Consul of Belgium to Arizona. He attended the Sorbonne and is an alumnus of the University of California at Berkeley.
= CHAIRMAN OF THE BOARD
*Investment Committee is a committee of Carey Asset Management Corp. ("CAM"), our wholly-owned subsidiary. Axel Hansing, Frank J. Hoenemeyer, Jean Hoysradt, Richard C. Marston, and Nick J.M. van Ommen, directors of CAM, also serve on its Investment Committee.
**Frank J. Hoenemeyer is an Emeritus member of the Board.