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Real Estate moves through March 30, North America edition

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Real Estate moves through March 30, North America edition

This feature presents a weekly rundown of recent significantmanagement and board changes and personnel moves in the North American real estateindustry, including U.S. REITs and REOCs, homebuilders, and gaming operators.

C-suite changes

* Xenia Hotels& Resorts Inc. said March 29 that Atish Shah is the company as executive vice president,CFO and treasurer, effective April 25. The former Hyatt Hotels Corp. executive will replace Joseph Johnsonas Xenia's principal financial officer. Johnson will continue to serve as the company'ssenior vice president and chief accounting officer, as well as its principal accountingofficer.

* National RetailProperties Inc. namedMichelle Miller executive vice president and chief accounting officer, accordingto a March 28 statement. Miller joined the company in 1999.

* HCP Inc.said March 28 that Timothy Schoen is leaving the company to join BioMed Realty Trustas president. Schoen, who currently serves as HCP's executive vice president andCFO, will remain in hisrole with the company through May 22 to oversee the release of its first-quarterearnings report and to ensure a smooth transition of his duties.

* Monarch Casino& Resort Inc. said in a March 28 filing that it named Edwin Koenigas its chief accounting officer and Richard Cooley as vice president of finance,effective March 21.

* Las Vegas SandsCorp. appointed Patrick Dumont as its new CFO, the company said March 30. Dumont joined the companyin June 2010 and has served as senior vice president of finance and strategy sinceJuly 2013.

Board shuffle

* Monogram ResidentialTrust Inc. said March 28 that it appointed Tammy Jones — principal and president of commercialreal estate investment platform Basis Investment Group — to its board of directors,effective April 1.

* Paramount GroupInc. appointed Karin Klein and Martin Bussmann to its board as independentdirectors. According to a March 24 statement, the company has expanded its boardto nine members following the newappointments.

* RE/MAX HoldingsInc. said March 24 that Daryl Jesperson will step down as board chairman and a class III director of thecompany when his term ends at the company's 2016 annual stockholder meeting. Hehas also served as a member of the board's nominating and corporate governance committee.

Teresa Van De Bogart will stand for election at the 2016 meetingas a class III director and, if elected, will serve in that role until the 2019annual stockholder meeting.

* Summit HealthcareREIT Inc. President and COO Kent Eikanas was nominated by the company'sboard for election as director.

According to a March 28 filing, Paul Danchik will for re-election as a directorat the company's annual stockholders meeting May 11.

* CyrusOne Inc.said in a March 28 filing that its board of directors nominated MKA Capital CEO Michael Klayko to serve as a director.

Klayko and the other seven board nominees, all incumbents, willstand for election at the company's annual meeting of stockholders May 2.

* Ryman HospitalityProperties Inc. said in a March 29 filing that directors E.K. GaylordII and D. Ralph Horn plan to retire and will not seek re-election at the company's 2016 annual stockholdersmeeting, scheduled for May 5.

* Howard HughesCorp. said in a March 28 filing that Gary Krow decided not to standfor re-election to the company's board after the end of his current term.

* PS Business ParksInc. said in a March 24 filing that Michael McGee, who has served asa director since August 2006, will notstand for re-election at the company's 2016 annual shareholders meeting,scheduled for April 26.

* Ventas Inc.said in a March 29 filing that director Douglas Crocker II will not stand for re-electionto the company's board at its 2016 annual stockholder meeting, scheduled for May10. The retirement, whichwill become effective May 9, is in line with the company's director retirement policy.

Other news

* DCT IndustrialTrust Inc. said March 28 that Jay Mitchell joined the company as senior vice president based in Atlanta.Mitchell most recently served as senior vice president, regional director with anational real estate company.

* Duke Realty Corp.said in a March 28 filing that Steven Kennedy will step down from the position of the company's executive vicepresident of construction, effective June 30. Kennedy's position will be assumedby a current company employee.