Our corporate governance practices reflect the requirements of applicable securities laws, including the Sarbanes-Oxley Act and JLL’s own vision of good governance practices.
Lynn C. Thurber has served as our Chairman of the Board since November 2011. Ms. Thurber has served as the non-Executive Chairman of LaSalle since December 2006. Ms. Thurber served as the Chief Executive Officer of LaSalle from 2000 to December 2006 and Co-President from 1994 to 2000. Between 1995 and 2007, Ms. Thurber was a member of the board of directors or advisory board of a number of privately held real estate investment funds sponsored by LaSalle. She also served as Chief Executive Officer of Alex Brown Kleinwort Benson Realty Advisors, or ABKB, until the company merged with LaSalle Partners in 1994. Prior to joining ABKB in 1992, Ms. Thurber was a Principal at Morgan Stanley & Co. Ms. Thurber is also member of the board of directors of Duke Realty Corporation, a publicly traded REIT listed on the New York Stock Exchange, where she was a member of the Audit and Finance Committees from 2008 to 2012 and a member of the Compensation Committee from 2012 to the present, a member of the board of directors of Investa Property Group, an Australian- based real estate owner, developer and fund manager, and was a member of the Real Estate Information Standards Board in the United States from 2008 through 2013. She is also a trustee and Chairman of the Board of the Urban Land Institute, a member of the Advisory Board of ULI Greenprint Center for Building Performance and formerly chaired the Pension Real Estate Association. Ms. Thurber also previously served as a director of JLL and is a former member of the board of directors and Executive Committee of the Association of Foreign Investors in Real Estate and the board of directors of the Toigo Foundation. Ms. Thurber holds an M.B.A. from Harvard Business School and an A.B. from Wellesley College.
Jason B. Kern has served as the Chief Executive Officer of LaSalle’s Private Equity business in the Americas since July 2013. Mr. Kern also serves on LaSalle’s Global Management Committee, North American Investment Committee and North American Private Equity Allocation Committee. Prior to joining LaSalle, from November 2009 to July 2013, Mr. Kern worked at the Hong Kong and Shanghai Banking Corporation (HSBC), where he founded and was the head of HSBC’s Asia-Pacific Real Estate & Lodging Advisory Group. In this role, Mr. Kern worked with many of Asia’s leading REITs, developers and investors and advised on initial public offerings, equity and bond issues, private equity raises and asset acquisitions and sales in the Asian property sector, with total transaction volume exceeding $50 billion. Prior to joining HSBC, Mr. Kern spent 17 years at J.P. Morgan, principally in senior roles within the real estate investment banking team advising REITs and other real estate companies, and was based in J.P. Morgan’s offices in the United States, the United Kingdom, Continental Europe and Hong Kong. Mr. Kern is a member of the Urban Land Institute, PREA and NAREIT. Mr. Kern serves as a director of various private REITs sponsored by our advisor. Mr. Kern holds an M.B.A. in Finance and Accounting from New York University’s Stern School of Business and a B.A. in Economics and English Literature from Colgate University.
Jacques N. Gordon has served as one of our directors since September 2012. Since January 1998, Mr. Gordon has served on LaSalle’s Global Management Committee and directed the Investment Strategy and Research group, which analyzes capital markets, regional economies and property markets in approximately 30 countries. He has also lectured at Northwestern’s Kellogg School of Management since April 2011. Mr. Gordon initially joined LaSalle in 1994 as the Director of Research. Prior to joining LaSalle, he served as Director of Research at Baring Advisors, a subsidiary of London-based ING-Barings PLC, and at Real Estate Research Corporation in Chicago. Mr. Gordon is a member of the National Council of Real Estate Investment Fiduciaries, NAREIT and the Association of Foreign Investors in Real Estate, or AFIRE. He served four years on the board of directors of AFIRE and as Director of Programs for AFIRE in 2010. He has chaired and continues to serve on PREA’s Research Committee and also serves on the Board of Governors of the Metropolitan Planning Council, a non-profit Chicago organization, and the Advisory Board of the Massachusetts Institute of Technology Center for Real Estate. Mr. Gordon holds a Ph.D. from the Massachusetts Institute of Technology, a M.Sc. from the London School of Economics and a B.A. from the University of Pennsylvania. Mr. Gordon brings extensive experience in the commercial real estate industry, particularly with respect to real estate investment and market research.
Jonathan B. Bulkeley has served as one of our directors since 2004 and our lead independent director since April 2012. Mr. Bulkeley is currently the Chief Executive Officer of RealMatch, Inc., a leader in online job recruitment having served in that role since November 2014. Prior to RealMatch, Mr. Bulkeley founded Blue Square Capital Management, LLC in March 2009 and served as its Chief Investment Officer until November 2014. From February 2006 to August 2010, Mr. Bulkeley served as Chief Executive Officer of Scanbuy, a wireless software company. Prior to Scanbuy, Mr. Bulkeley was an owner of Achilles Partners, an advisory firm, from 2002 to 2006. Mr. Bulkeley served as Chairman and Chief Executive Officer of Lifeminders, an online direct marketing company, from February 2001 until Lifeminders was sold in October 2001. Mr. Bulkeley was the Chief Executive Officer of barnesandnoble.com from 1998 to 2000. From 1993 to 1998, Mr. Bulkeley worked for America Online, where he served as managing director of the company’s joint venture with Bertelsmann Online in the United Kingdom and as Vice President of Business Development and General Manager of Media. Before joining America Online, Mr. Bulkeley spent eight years at Time Inc. in a variety of roles, including Director of Marketing and Development for Money magazine. Mr. Bulkeley also serves (or served) as a director of Excelsior Absolute Return Fund of Funds Master Fund, LLC from its inception in 2003 until its dissolution in June 2010, Excelsior Absolute Return Fund of Funds, LLC (from its inception in June 2003 until its dissolution in June 2010), UST Global Private Markets Fund, LLC (since its inception in July 2008) and Excelsior Buyout Investors, LLC (since its inception in May 2003 to March 2014), each of which is (or was) registered under the Investment Company Act. In addition, Mr. Bulkeley serves on the advisory boards of three private equity funds: The Jordan Edminston Venture Fund in New York, Elderstreet Capital Partners in London and Jerusalem Global Venture Partners in Israel. Mr. Bulkeley has served previously as non-executive Chairman of QXL Ricardo plc, its non-executive Vice Chairman of Edgar Online, Chairman of Logikeep, Chairman of the Yale Alumni magazine and as a director of Global Commerce Zone, The Readers Digest Association, Instant Dx, Cross Media Marketing Corp and the Hotchkiss School. Mr. Bulkeley has served on the board of directors DEX One Corporation, a public reporting company and successor to R.H. Donnelly Corporation, since January 2010, and has served on the board of directors of Spark Networks, Inc., a public reporting company, since September 2006. Mr. Bulkeley holds a B.A. in African Studies from Yale University.
Virginia G. Breen has served as one of our directors since 2004. Ms. Breen is a partner of Chelsea Partners since 2011. She was a partner and co-founder of Blue Rock Capital, a private equity fund focused on investing in early-stage information technology and service businesses from 1995 to September 2011. She was a partner of the Sienna Limited Partnership IV, L.P., which focuses on investing in early and expansion-stage private companies in consumer products, information technology and business service from 2003 to December 2011. Previously, Ms. Breen was a Vice President with the Sprout Group, the venture capital affiliate of Donaldson, Lufkin & Jenrette (now Credit Suisse), where she worked from 1988 to 1995. Ms. Breen was an Investment Analyst with Donaldson, Lufkin & Jenrette’s Investment Banking Group, prior to which she worked as a Systems Analyst and Product Marketing Engineer for Hewlett-Packard. Ms. Breen also serves (or served) as a director of Excelsior Absolute Return Fund of Funds Master Fund, LLC (since its inception in 2003 until its dissolution in June 2010), Excelsior Absolute Return Fund of Funds, LLC (since its inception in June 2003 until its dissolution in June 2010), UST Global Private Markets Fund, LLC (since its inception in July 2008) and Excelsior Buyout Investors, LLC (since its inception in May 2003 until its sale in December 2013). Ms. Breen also serves on the board of managers of: A&Q Aggregated Alpha Strategies Fund LLC (formerly, O’Connor Fund of Funds: Aggregated Alpha Strategies LLC) (since May 2008), A&Q Alternative Fixed-Income Strategies (formerly, O’Conner Fund of Funds: Long/Short Credit Strategies LLC) (since June 2008), UBS Equity Opportunity Fund, LLC (since May 2008 until its dissolution in May 2012), A&Q Equity Opportunity Fund LLC (formerly, O’Connor Fund of Funds: Equity Opportunity LLC) (since May 2008), A&Q Event Fund LLC (formerly, O’Connor Fund of Funds: Event LLC) (since May 2008), A&Q Long/Short Strategies Fund LLC (formerly, O’Connor Fund of Funds: Long/Short Equity Strategies LLC) (since August 2008), A&Q Masters Fund (formerly, O’Conner Fund of Funds: Masters) (since July 2013), A&Q Multi-Strategy Fund (formerly, O’Conner Fund of Funds: Multi-Strategy) (since March 2011), A&Q Technology Fund (formerly, O’Connor Fund of Funds: Technology LLC) (since May 2008), UBS Eucalyptus Fund, LLC (from May 2008 until its dissolution January 2014), UBS Juniper Crossover Fund, LLC (from June 2008 until its dissolution December 2013), UBS Tamarack International Fund, LLC (from May 2008 until its dissolution October 2011) and UBS Willow Fund, LLC (from May 2008 until its dissolution January 2014), each of which is (or was) registered under the Investment Company Act. Ms. Breen also served as a director of ModusLink Global Solutions, Inc., a public company listed on the Nasdaq Global Select Market from 2001 through December 2013. Ms. Breen holds an M.B.A. from Columbia University and an A.B. from Harvard College.
William E. Sullivan has served as one of our directors since September 2012. Mr. Sullivan has served as the Chief Financial Officer and Treasurer of Purdue University since June 2, 2014. From April 2007 to May 2012, Mr. Sullivan served as Chief Financial Officer of Prologis, Inc., or Prologis, a publicly traded REIT. Prior to joining Prologis, Mr. Sullivan was the founder and President of Greenwood Advisors, Inc., a private financial consulting and advisory firm, from 2005 to 2007. He served as Chief Executive Officer of SiteStuff, Inc. from 2001 to 2005 and Chairman of SiteStuff, Inc. from 2001 until the company was sold in June 2007. Mr. Sullivan served as Chief Financial Officer of JLL from 1997 to 2001 and in various other capacities with JLL since 1984. Prior to joining JLL, he was a member of the Communications Lending Group of the First National Bank of Chicago and also served as a member of the tax division of Ernst & Ernst LLP, a predecessor to Ernst & Young LLP. Since January 2013, Mr. Sullivan has served on the board of directors of CyrusOne Inc., a publicly traded REIT, as the chair of its audit committee. Since August 2013, Mr. Sullivan has also served on the board of directors of Club Corp., a publicly traded owner operator of private golf and country clubs, business sports and alumni clubs, as an independent director and chair of its audit committee. Mr. Sullivan holds a M.B.A. in Finance from Northwestern University’s Kellogg School of Management and a B.S.B.A. in Accounting and Marketing from Georgetown University. Mr. Sullivan brings extensive experience with respect to the financial management of public companies, including public REITs.
R. Martel Day has served as one of our directors since July 2015. Mr. Day has nearly 30 years of experience in the direct investment industry and is the founder and principal of NLR Advisory Services, a firm that works with direct investment sponsors to realize their potential for success. Prior to that, Mr. Day was a primary part of RAIT Financial Trust's (RAIT) move into the non-listed REIT industry. While at RAIT, he served as Chief Executive Officer and Manager of Independence Realty Securities, LLC; President and Manager of Independence Realty Advisor, LLC; Executive Vice President of Independence Realty Trust, Inc.; President and Manager of Independence Mortgage Advisor, LLC; Executive Vice President of Independence Mortgage Trust, Inc.; and Executive Vice President and Manager of Independence Mortgage Fund Manager, LLC, all wholly owned subsidiaries of RAIT. Prior to joining RAIT, Mr. Day had an extensive career with the Inland Group of Companies (Inland). He joined Inland in 1984 as a Regional Representative. During his 25 years with Inland he served as Regional Vice President; Senior Vice President National Sales and Marketing; and Executive Vice President -Director of Business Development. He also serves as a member of the board of directors of Inland Bancorp, Inc. Mr. Day is a member of the board of directors and past Chairman of the Investment Program Association (IPA), an industry association that advocates the importance of direct investments in a diversified portfolio. He is also a member of the board of directors of SFA Holdings, Inc. and the Wildermuth Endowment Strategy Fund, where he is also a member of the audit committee. Mr. Day holds General Securities Principal and General Securities licenses with the Financial Industry Regulatory Authority (FINRA). Mr. Day holds a B.S. in engineering from The Georgia Institute of Technology.
C. Allan Swaringen has served as chief executive officer and president of JLL Income Property Trust (JLLIPT) since November of 2011. Mr. Swaringen has more than 25 years of experience in the real estate industry, including a variety of leadership and investment management positions. He is responsible for all financial, investing and operational functions of JLLIPT and guides the overall strategic direction of the company. Mr. Swaringen formerly served as fund manager for the company since its inception in 2004. Previously, as a managing director for LaSalle Investment Management, Mr. Swaringen also served as president and portfolio manager for LaSalle Investment Company I and II, the firm's global co-investment program which invested in excess of $1.2 billion across more than 30 separate funds and programs in 17 countries. Mr. Swaringen was a founding member of the firm’s global risk management committee and served on it for six years. Since joining LaSalle in 1998, his responsibilities have included portfolio management, business development and client services. Prior to joining LaSalle, Mr. Swaringen was a partner with Crown Golf Properties, L.P., a subsidiary of Henry Crown and Company. He began his career in real estate more than 25 years ago with Trammell Crow Company. A leading industry expert and advocate for bringing institutional standards and practices to the private client and intermediary investment sectors, Mr. Swaringen has served as a speaker and featured panelist at numerous industry conferences and is a member of NAREIT, the Defined Contribution Real Estate Council and the Investment Program Association. Mr. Swaringen holds an M.B.A. from the University of Chicago Graduate School of Business and a B.S. from the University of Illinois.
Mr. Falk is Managing Director for LaSalle Investment Management and has served as Chief Financial Officer and Treasurer of Jones Lang LaSalle Income Property Trust since November 2011. He joined LaSalle as Senior Vice President in 2004. Prior to joining LaSalle, Mr. Falk was an Audit Manager with Deloitte & Touche LLP for six years and a Senior Staff Accountant with First of America Bank for five years. Mr. Falk has worked on numerous real estate engagements, both public and private, since 1999. Mr. Falk holds a B.S. in Finance and a B.S. in Economics from Northern Illinois University and a M.S. in Accountancy Science from Northern Illinois University. He is also a Certified Public Accountant.
Mr. Kuzniar is a Managing Director at LaSalle and acts as Portfolio Manager for JLL Income Property Trust, Inc. With 15 years of industry experience, Mr. Kuzniar is currently responsible for overseeing asset and portfolio management functions for the company. Formerly, he was Fund Investment Officer for LaSalle’s Income & Growth Fund team. Prior to joining LaSalle in 2008, Mr. Kuzniar held positions with DTZ Rockwood, Equity Office Properties, and Orion Capital Managers. Prior to that, Mr. Kuzniar was an analyst in JLL’s Capital Markets Group. Mr. Kuzniar earned a Bachelor of Business Administration with a concentration in finance from the University of Notre Dame.
Mr. Repp has served as our General Counsel and Secretary since November 2011. Mr. Repp has served as Global Deputy General Counsel for Jones Lang LaSalle since 2003 and Assistant Secretary for JLL since 2001. He also served as Assistant Global General Counsel of JLL from 2001 to 2003. Mr. Repp has also served as General Counsel and Secretary for LaSalle since 2003. Prior to joining JLL, Mr. Repp held various positions, including Assistant General Counsel and Assistant Secretary, with Outboard Marine Corporation, a publicly traded, NYSE-listed global manufacturer and distributor of marine and marine-related products. Mr. Repp holds a J.D. from Northern Illinois University College of Law and a B.S. from Western Illinois University.