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Liberty Property names new board member, two to step down

Robert Gifford will join Liberty Property Trust's board of trustees, effective immediately.

Gifford, who served as CEO and president of AIG Global Real Estate Investment Corp. from 2009 to 2016, will also join Liberty Property's audit and corporate governance and nominating committees, according to a release.

A member of the Urban Land Institute, Gifford also sits on the boards of Retail Properties of America Inc. and Lehman Brothers Holdings Inc, as well as on the advisory boards of Aspen Heights Partners and Collier Enterprises.

Frederick Buchholz and Leanne Lachman, who have served on Liberty Property's board since the company's 1994 IPO, will step down after the company's May 17 annual meeting.