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Board of Trustees
Thomas F. Brady Chairman
Thomas F. Brady has been the Chairman of the Board of Corporate Office Properties Trust since May 2013 and has been a Member of the Board of since January 2002. Mr. Brady has nearly 40 years of business experience and is Chairman of the Opower Advisory Board, a global leader in providing energy information software to the utility industry. Mr. Brady is also on the Board of Directors of ENBALA Power Networks Ltd., a smart grid technology company providing innovative grid balancing services to utilities and electric system operators. Both Opower and ENBALA are privately-owned clean technology companies. He is the former Chairman of the Board of Directors of Baltimore Gas & Electric Company ("BGE") and Executive Vice President-Corporate Strategy at Constellation Energy Group ("CEG") (NYSE: CEG), a position he assumed in 1999. Prior to 1999, Mr. Brady held various positions at BGE, including Vice President and Chief Accounting Officer. Mr. Brady continued to serve on the Board of Directors of BGE through 2012. He currently serves as a Trustee and Treasurer of the Board of Stevenson University. Mr. Brady served as Chairman of the Maryland Public Broadcasting Commission and Maryland Public Television from 2003 to 2007 and also served on the Board of Directors of the Maryland Chamber of Commerce through 2010. Mr. Brady received an MBA in finance from Loyola University Maryland and was certified as a Certified Public Accountant. Mr. Brady’s extensive career in key financial and strategic executive positions at a substantial public company, and experiences with privately-owned, venture capital funded start-up companies, qualifies him to lead our Board and assess our strategic initiatives, both qualitatively and quantitatively. Mr. Brady’s utility operations experience and continuous significant civic involvements also complement and enhance the perspectives which he brings to his role as Chairman of the Board.
Stephen E. Budorick
Stephen E. Budorick is President and Chief Executive
Officer of Corporate Office Properties Trust (COPT). Mr.
Budorick was elected Trustee in May 2016. Mr. Budorick
was COPT’s Executive Vice President and Chief
Operating Officer from September 2011 through May
Prior to joining COPT, Steve served as Executive Vice President of asset
management at Callahan Capital Partners, LLC since 2006. Before his tenure at
Callahan Capital Partners, he was Executive Vice President in charge of Trizec
Properties, Inc.’s Central Region from 1997-2006, and Executive Vice President in
charge of third-party management and leasing at Miglin Beitler Management
Company from 1991-1997. Steve also worked in asset management at LaSalle
Partners, Inc. from 1988-1991 and in facilities management and planning at
American Hospital Association from 1983-1988.
Steve earned a B.S. in Industrial Engineering from the University of Illinois and an
MBA in Finance from the University of Chicago in 1982 and 1988, respectively.
Robert L. Denton, Sr.
Robert L. Denton, Sr., has been a member of the Board of Corporate Office Properties Trust since May 1999. Mr. Denton's background includes significant real estate and finance experience. Mr. Denton retired as a Managing Director from The Shidler Group in 2013, where he had been employed since 1994 and was responsible for the implementation of the group's new investment vehicles. From 1991 to 1994, Mr. Denton was a Managing Director with Providence Capital, Inc., an investment banking firm that he co-founded. Mr. Denton served on the Board of Directors of Pacific Office Properties Trust, Inc. until January 2013. Mr. Denton received an MBA from The Wharton School, University of Pennsylvania. Mr. Denton's lengthy real estate and financial career, including as a senior executive in a significant private real estate investment and acquisition company, enables Mr. Denton to provide meaningful insight into our strategic initiatives, with specific focus on review and analysis of our proposed investment and development initiatives. Mr. Denton has continued to be very informed in the arena of corporate governance from his continuing education efforts.
Philip L. Hawkins
Philip L. Hawkins has been a member of our Board since January 2014. Since 2006, Mr. Hawkins has been the Chief Executive Officer and a member of the Board of Directors of DCT Industrial Trust Inc. (NYSE: DCT), a Denver-based industrial REIT that owns, acquires, operates and develops bulk distribution and light industrial properties in high-volume distribution markets in the U.S. From 2002 to 2006, Mr. Hawkins was President and Chief Operating Officer and a member of the Board of Directors of CarrAmerica Realty Corporation (formerly NYSE: CRE, acquired by The Blackstone Group). Also at CarrAmerica, he served as Chief Operating Officer from 1998 to 2002 and Managing Director of Asset Management from 1996 to 1998. From 1982 to 1995, Mr. Hawkins held a series of senior executive positions in real estate investment, development, leasing and management with LaSalle Partners, Ltd. (now known as Jones Lang LaSalle, Inc.).
Mr. Hawkins serves on the Board of Governors of NAREIT and is a member of the Urban Land Institute. He is a trustee of Hamilton College, where he received his bachelor’s degree. He received his MBA from the University of Chicago.
Elizabeth A. Hight
U.S. Navy Rear Admiral (Ret.) Elizabeth A. Hight, has been a member of our Board since
February 2011. From October 2010, RADM Hight has served as Vice President of the
Hewlett-Packard Company’s (“HP”) Enterprise Services U.S. Public Sector Cybersecurity
Practice. From January 2010 to October 2010, she served as Vice President of HP’s
U.S. Public Sector DoD Command and Control Infrastructure. From July 2008 until
December 2008, RADM Hight served as the acting Director of the Defense Information
Systems Agency (“DISA”) and Acting Commander of the Joint Task Force-Global Network
Operations (“JTF GNO”). She also served as DISA’s Vice Director from April 2007
until October 2009 and as Principal Director for Operations and Deputy Commander,
JTF GNO from 2005 to 2007. In her DISA role, she was responsible for providing global
command, control, communications and computer support to the nation’s warfighters
and in her JTF GNO role, she was responsible for directing the operation and defense
of the DoD’s Global Information Grid. RADM Hight joined the Navy in March 1977.
Throughout her career in the Navy, she served in numerous roles, including program
sponsor for the UHF Satellite Communications Program on the Chief of Naval Operations
staff, Assistant Program Manager for the UHF Follow-on communications satellite
program, Commanding Officer, Fleet Surveillance Support Command and Commanding Officer,
Navy Computer and Telecommunications Area Master Station Atlantic. RADM Hight has
a Masters in Telecommunications Systems from the Naval Postgraduate School and a
Masters in Information Systems from The George Washington University.
As a result of her lengthy Navy career spanning various substantive areas that complement
our strategy and her subsequent transition to the private sector, RADM Hight is
qualified to contribute significantly to our strategic objectives. She is also qualified
to assist in evaluating potential data and cyber security initiatives resulting
from the strategy.
David M. Jacobstein
David M. Jacobstein has been a Member of the Board of Corporate Office Properties Trust since August 2009. Mr. Jacobstein's background includes over 25 years of executive-level experience in real estate. Since July 2009, Mr. Jacobstein has provided consulting services to real estate related businesses. Mr. Jacobstein was the senior advisor to Deloitte LLP’s real estate industry group from June 2007 to June 2009, where he advised Deloitte’s real estate practitioners on strategy, maintained and developed key client relationships and shaped thought leadership that addressed key industry and market trends. From 1999 to May 2007, he served as President and Chief Operating Officer of Developers Diversified Realty Corporation (NYSE: DDR), a real estate investment trust, and also served on its Board of Trustees from 2000 to 2004. From 1986 to 1999, he served as Vice Chairman and Chief Operating Officer of Wilmorite, Inc., an owner, developer and manager of regional shopping malls. Mr. Jacobstein currently serves on the Board of Broadstone Net Lease, Inc., a private REIT focused on single tenant net lease real estate. Mr. Jacobstein also serves on the Advisory Board of White Oak Partners, Inc., a private equity firm concentrating in real estate investment. Mr. Jacobstein began his career as a Corporate and Securities Lawyer. He received a Juris Doctor degree from The George Washington University Law Center.
Steven D. Kesler
Steven D. Kesler has been a Member of the Board of Corporate Office Properties Trust since September 1998. Since 2006, Mr. Kesler has served as Chief Financial Officer for CRP (Chesapeake Realty Partners) Operations, LLC. He served as a Managing Director of The Casey Group from 2005 to 2006. Mr. Kesler also served as the Chief Executive Officer and/or President of Constellation Investments, Inc. from 1988 and the Chief Executive Officer and President of Constellation Real Estate, Inc. and Constellation Health Services, Inc. from 1998 until his retirement in 2003. Mr. Kesler previously served as a Director on the Boards of Atapco, Inc., a private real estate and investment company, and Ace Guaranty Corporation, a financial guaranty subsidiary of Ace, Limited, a public company. Mr. Kesler received an MBA in finance from The Wharton School, University of Pennsylvania and previously practiced as a Certified Public Accountant.
C. Taylor Pickett
C. Taylor Pickett has been a member of our Board since November 2013. Since 2001, Mr. Pickett has been the Chief Executive Officer and since 2002, a member of the Board of Directors of Omega Healthcare Investors, Inc. (NYSE: OHI), a healthcare REIT that invests in healthcare facilities in the U.S. and provides lease or mortgage financing to qualified operators of skilled nursing facilities, assisted living facilities, independent living facilities and rehabilitation and acute care facilities. From 1998 to 2001, Mr. Pickett was Executive Vice President and Chief Financial Officer of Integrated Health Services, Inc. where he also held a series of executive positions in mergers and acquisitions from 1993 to 1998. From 1991 to 1993, Mr. Pickett was Vice President of Taxes for PHH Corporation and, from 1984 to 1991, he was Senior Manager for KPMG. Mr. Pickett is also on the Board of Directors for Atherio. He received his bachelor’s degree in accounting with honors from the University of Delaware and a Juris Doctorate with honors from the University of Maryland School of Law.
Richard Szafranski has been a Member of the Board of Corporate Office Properties Trust since August 2009. His background includes over 40 years in national security experience and expertise in pay for performance, strategic planning, scenario planning, market assessments and business development. He formerly was Managing Partner in Toffler Associates, a strategy and management consulting firm, at which he provided consulting services for senior executives in U.S. Government agencies, including the U.S. intelligence community, and commercial firms in the global defense, communications and aerospace sectors. He retired from active service in the United States Air Force as a Colonel in 1996. Mr. Szafranski served on the Board of Directors for Ceridian Corporation from 2006 to 2007 and SBS Technologies, Inc from 2002 to 2005. He has a Master of Arts in Human Resources Management from Central Michigan University and has completed executive education on corporate governance at the Harvard Business School and the University of Maryland Robert H. Smith School of Business Directors' Institute. Mr. Szafranski has been designated a Board Leadership Fellow by the National Association of Corporate Directors.