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Board of Directors
James D. Klingbeil Chairman
James D. Klingbeil is Chairman of the Board of Directors and the Chairman and Chief Executive Officer of Klingbeil Multifamily Fund IV, Klingbeil Multifamily Fund V (f/k/a American Apartment Communities III), Klingbeil Multifamily Fund VI, Klingbeil Multifamily Fund VII and Klingbeil Multifamly Fund VIII. He was Chairman and Chief Executive Officer of American Apartment Communities II from 1995 until its merger with the company in December of 1998. He is also Chairman and Chief Executive Officer of Klingbeil Capital Management and The Klingbeil Company. He currently serves as a director of Broad Street Financial and numerous other private companies. He is also the past Chairman and a lifetime member of the Board of Trustees of the Urban Land Institute and Chairman of the ULI Foundation Board.
Lynne B. Sagalyn Vice Chair
Lynne B. Sagalyn, Ph.D. is Vice Chair of the Board of Directors and has been the Earle W. Kazis and Benjamin Schore Professor of Real Estate and Director of the Paul Milstein Center for Real Estate at the Columbia Business School since July 2008, positions she also held from 1992 through 2003. From January 2004 to July 2008 she was a Professor of Real Estate Development and Planning at the University of Pennsylvania, with appointments in both the School of Design (City Planning) and the Wharton School (Real Estate). From 1991 to 1992, she was a visiting professor at Columbia University. From 1987 to 1991, she was an associate professor of Planning and Real Estate Development at Massachusetts Institute of Technology. She is also a director and Chair of the Audit Committee of Capital Trust, Inc., a public real estate investment trust that specializes in real estate lending and a member of the Advisory Board of Goldman Family Enterprises. She also serves on the Board of Directors of the Regional Plan Association of New York, an independent not-for-profit regional planning organization. In addition, she has also served on the New York City Board of Education Chancellor’s Commission on the Capital Plan.
Katherine A. Cattanach
Katherine A. Cattanach, Ph.D. was a General Partner of INVESCO Private Capital, Inc. (formerly Sovereign Financial Services, Inc.), a company specializing in private equity investments, from 1987 to 2005. From 2005 to March 2006, she served as a director and member of the audit and compensation committees of Collect America, Ltd. She is currently a member and Chair of the Denver Museum of Nature and Science Foundation Board and a member, former director and President of the Denver Society of Security Analysts. She is active in and serves as a member of numerous charitable organizations.
Eric J. Foss
Eric J. Foss is Chief Executive Officer, President and a member of the Board of Directors of Aramark. From February 2010 until December 2011, Mr. Foss was Chief Executive Officer of Pepsi Beverages Company. From July 2006 until the merger of The Pepsi Bottling Group, Inc. with PepsiCo, Inc. in February 2010, Mr. Foss was the Chairman and Chief Executive Officer of The Pepsi Bottling Group, Inc. From September 2005 to July 2006, Mr. Foss served as the Chief Operating Officer of The Pepsi Bottling Group, Inc. Previously, Mr. Foss served as the President of the North America division of Pepsi Bottling Group, Inc. from September 2001 to September 2005. Mr. Foss also served as Executive Vice President of the North America division of Pepsi Bottling Group, Inc., from August 2000 to September 2001, was Senior Vice President of Sales and Marketing for the North America division of Pepsi Bottling Group, Inc., from March 1999 to August 2000 and was General Manager of European Operations for PepsiCo from December 1996 to March 1999.
Robert P. Freeman
Robert P. Freeman has served as Senior Managing Director and Principal of Greyfields Investors LLC, a real estate private equity company, since 2007, and has also served as President of Landfall Capital LLC, a private real estate merchant bank, since 2001. Previously, Mr. Freeman was a Managing Director of Wells Hill Partners, Ltd., a real estate investment banking firm, from 1999-2001 and a Managing Director of Lazard Frères & Co. LLC, a private investment bank, and President of Lazard Frères Real Estate Investors, L.L.C., a real estate investment company, from 1992 to 1999. Each of the companies mentioned is based in New York, New York. He is active in and serves as a director of numerous private companies and charitable organizations.
Jon A. Grove
Jon A. Grove was the Chairman, President and Chief Executive Officer of ASR Investments Corporation since its organization in 1987 until our acquisition of ASR in 1998. He currently serves as Chairman and director of American Southwest Holdings, LLC and SecurNet Mortgage Securities LLC, both located in Phoenix, Arizona.
Mark J. Sandler
Mark J. Sandler was a Senior Managing Director of Bear, Stearns & Co., Inc., an investment banking firm, in charge of its real estate operations until his retirement in October 1988. From 1968 through 1980 he was a Partner with Donaldson Lufkin & Jenrette, an investment banking firm. Since that time, Mr. Sandler has managed his personal and family investments. He served as a Trustee of Amherst College and of Northfield Mt. Hermon School and was also a founder of New Jersey SEEDS, which provides private school education for gifted, motivated but financially disadvantaged children.
Thomas W. Toomey
Thomas W. Toomey spearheads the vision and strategic direction of the Company and oversees its executive officers. He joined the company in February 2001 as President, Chief Executive Officer and Director. Prior to joining the company, Mr. Toomey was with Apartment Investment and Management Company (AIMCO) from January 1996 until February 2001, where he served as Chief Operating Officer for two years and Chief Financial Officer for four years. During his tenure at AIMCO, Mr. Toomey was instrumental in the growth of AIMCO from 34,000 apartment homes to 360,000 apartment homes. He has also served, from 1990 to 1995, as a Senior Vice President and Treasurer at Lincoln Property Company, a national real estate development, property management and real estate consulting company. Mr. Toomey began his career at Arthur Andersen & Co. serving real estate and banking clients as an Audit Manager. He currently serves as a member of the boards of the National Association of Real Estate Investment Trusts (NAREIT) and the National Multi Housing Council (NMHC). Additionally, Mr. Toomey serves as Chairman of the Real Estate Roundtable Task Force on Avian Flu Pandemic Preparedness and is an Oregon State University Foundation Trustee. Mr. Toomey holds a Bachelor of Science degree in Business Administration/Finance from Oregon State University and is a Certified Public Accountant.
Senior Management
Thomas W. Toomey President & Chief Executive Officer
Thomas W. Toomey spearheads the vision and strategic direction of the Company and oversees its executive officers. He joined the company in February 2001 as President, Chief Executive Officer and Director. Prior to joining the company, Mr. Toomey was with Apartment Investment and Management Company (AIMCO) from January 1996 until February 2001, where he served as Chief Operating Officer for two years and Chief Financial Officer for four years. During his tenure at AIMCO, Mr. Toomey was instrumental in the growth of AIMCO from 34,000 apartment homes to 360,000 apartment homes. He has also served, from 1990 to 1995, as a Senior Vice President and Treasurer at Lincoln Property Company, a national real estate development, property management and real estate consulting company. Mr. Toomey began his career at Arthur Andersen & Co. serving real estate and banking clients as an Audit Manager. He currently serves as a member of the boards of the National Association of Real Estate Investment Trusts (NAREIT) and the National Multi Housing Council (NMHC). Additionally, Mr. Toomey serves as Chairman of the Real Estate Roundtable Task Force on Avian Flu Pandemic Preparedness and is an Oregon State University Foundation Trustee. Mr. Toomey holds a Bachelor of Science degree in Business Administration/Finance from Oregon State University and is a Certified Public Accountant.
Warren L. Troupe Senior Executive Vice President
Warren L. Troupe oversees all financial, treasury, tax and legal functions of the company. He joined UDR in March 2008. He was appointed the company’s Corporate Compliance Officer in May 2008 and the Corporate Secretary in October 2008. Prior to joining the company, Mr. Troupe was a partner with Morrison & Forester LLP from 1997 to 2008, where his practice focused on all aspects of corporate finance, from public and private equity offerings, traditional loan structures, debt placements to subordinated debt financings, workouts, and recapitalizations. He has concluded a large number of mergers and acquisitions for both public and private companies including tender offers, hostile proxy contests and negotiated acquisitions. Mr. Troupe holds a Bachelor of Arts degree from Colorado State University and his J.D. from the University of Denver. He currently serves as a member of the board of the National Multi Housing Council (NMHC). Additionally, Mr. Troupe is on the Multi-Family Silver Council of Urban Land Institute (ULI), a member of Pension Real Estate Association (PREA), National Association of Real Estate Investment Trust (NAREIT), Colorado Bar Association and American Bar Association.
Senior Vice Presidents
Harry G. Alcock Senior Vice President – Asset Management
Jerry A. Davis Senior Vice President – Chief Operating Officer
Richard A. Giannotti Senior Vice President – Redevelopment
Thomas M. Herzog Senior Vice President – Chief Financial Officer
Mark A. Schumacher Senior Vice President – Chief Accounting Officer
R. Scott Wesson Senior Vice President – Chief Information Officer
Vice Presidents
Mari A. Akers Vice President – Human Resources
Jon Michael Baldwin Vice President – IT
Deiadra M. Burns Vice President – Construction
H. Andrew Cantor Vice President – Acquisitions and Dispositions
Kathryn O. Clem Vice President, Area Director
Matthew A. Cozad Vice President – Internal Audit
Greta R. Donat Vice President, Area Director
Gregory M. Duggan Vice President – Redevelopment
Douglas F. Fee Vice President – Asset Quality
Sheri S. Henry Vice President – Controller
Tracy L. Hofmeister Vice President – SEC Reporting and Technical Accounting
Robert A. Koltiska Vice President – Property Tax
Louis N. Kovalsky Vice President, Area Director
Thomas E. Lamberth Vice President – Development
Roger Laty Vice President – Tax
Robert J. McCullough Vice President – Development
William T. O'Shields III Vice President – Treasurer
Dennis E. Sandidge Vice President, Area Director
Milton A. Scott Jr. Vice President – Redevelopment
Cindy A. Shepardson Vice President, Area Director
Christopher G. Van Ens Vice President – Investor Relations
Eric S. Waldinger Vice President – Sales and Marketing
Elaine A. Williams Vice President – Property Operations
James D. Klingbeil is Chairman of the Board of Directors and the Chairman and Chief Executive Officer of Klingbeil Multifamily Fund IV, Klingbeil Multifamily Fund V (f/k/a American Apartment Communities III), Klingbeil Multifamily Fund VI, Klingbeil Multifamily Fund VII and Klingbeil Multifamly Fund VIII. He was Chairman and Chief Executive Officer of American Apartment Communities II from 1995 until its merger with the company in December of 1998. He is also Chairman and Chief Executive Officer of Klingbeil Capital Management and The Klingbeil Company. He currently serves as a director of Broad Street Financial and numerous other private companies. He is also the past Chairman and a lifetime member of the Board of Trustees of the Urban Land Institute and Chairman of the ULI Foundation Board.
Lynne B. Sagalyn, Ph.D. is Vice Chair of the Board of Directors and has been the Earle W. Kazis and Benjamin Schore Professor of Real Estate and Director of the Paul Milstein Center for Real Estate at the Columbia Business School since July 2008, positions she also held from 1992 through 2003. From January 2004 to July 2008 she was a Professor of Real Estate Development and Planning at the University of Pennsylvania, with appointments in both the School of Design (City Planning) and the Wharton School (Real Estate). From 1991 to 1992, she was a visiting professor at Columbia University. From 1987 to 1991, she was an associate professor of Planning and Real Estate Development at Massachusetts Institute of Technology. She is also a director and Chair of the Audit Committee of Capital Trust, Inc., a public real estate investment trust that specializes in real estate lending and a member of the Advisory Board of Goldman Family Enterprises. She also serves on the Board of Directors of the Regional Plan Association of New York, an independent not-for-profit regional planning organization. In addition, she has also served on the New York City Board of Education Chancellor’s Commission on the Capital Plan.
Katherine A. Cattanach, Ph.D. was a General Partner of INVESCO Private Capital, Inc. (formerly Sovereign Financial Services, Inc.), a company specializing in private equity investments, from 1987 to 2005. From 2005 to March 2006, she served as a director and member of the audit and compensation committees of Collect America, Ltd. She is currently a member and Chair of the Denver Museum of Nature and Science Foundation Board and a member, former director and President of the Denver Society of Security Analysts. She is active in and serves as a member of numerous charitable organizations.
Eric J. Foss is Chief Executive Officer, President and a member of the Board of Directors of Aramark. From February 2010 until December 2011, Mr. Foss was Chief Executive Officer of Pepsi Beverages Company. From July 2006 until the merger of The Pepsi Bottling Group, Inc. with PepsiCo, Inc. in February 2010, Mr. Foss was the Chairman and Chief Executive Officer of The Pepsi Bottling Group, Inc. From September 2005 to July 2006, Mr. Foss served as the Chief Operating Officer of The Pepsi Bottling Group, Inc. Previously, Mr. Foss served as the President of the North America division of Pepsi Bottling Group, Inc. from September 2001 to September 2005. Mr. Foss also served as Executive Vice President of the North America division of Pepsi Bottling Group, Inc., from August 2000 to September 2001, was Senior Vice President of Sales and Marketing for the North America division of Pepsi Bottling Group, Inc., from March 1999 to August 2000 and was General Manager of European Operations for PepsiCo from December 1996 to March 1999.
Robert P. Freeman has served as Senior Managing Director and Principal of Greyfields Investors LLC, a real estate private equity company, since 2007, and has also served as President of Landfall Capital LLC, a private real estate merchant bank, since 2001. Previously, Mr. Freeman was a Managing Director of Wells Hill Partners, Ltd., a real estate investment banking firm, from 1999-2001 and a Managing Director of Lazard Frères & Co. LLC, a private investment bank, and President of Lazard Frères Real Estate Investors, L.L.C., a real estate investment company, from 1992 to 1999. Each of the companies mentioned is based in New York, New York. He is active in and serves as a director of numerous private companies and charitable organizations.
Jon A. Grove was the Chairman, President and Chief Executive Officer of ASR Investments Corporation since its organization in 1987 until our acquisition of ASR in 1998. He currently serves as Chairman and director of American Southwest Holdings, LLC and SecurNet Mortgage Securities LLC, both located in Phoenix, Arizona.
Mark J. Sandler was a Senior Managing Director of Bear, Stearns & Co., Inc., an investment banking firm, in charge of its real estate operations until his retirement in October 1988. From 1968 through 1980 he was a Partner with Donaldson Lufkin & Jenrette, an investment banking firm. Since that time, Mr. Sandler has managed his personal and family investments. He served as a Trustee of Amherst College and of Northfield Mt. Hermon School and was also a founder of New Jersey SEEDS, which provides private school education for gifted, motivated but financially disadvantaged children.
Thomas W. Toomey spearheads the vision and strategic direction of the Company and oversees its executive officers. He joined the company in February 2001 as President, Chief Executive Officer and Director. Prior to joining the company, Mr. Toomey was with Apartment Investment and Management Company (AIMCO) from January 1996 until February 2001, where he served as Chief Operating Officer for two years and Chief Financial Officer for four years. During his tenure at AIMCO, Mr. Toomey was instrumental in the growth of AIMCO from 34,000 apartment homes to 360,000 apartment homes. He has also served, from 1990 to 1995, as a Senior Vice President and Treasurer at Lincoln Property Company, a national real estate development, property management and real estate consulting company. Mr. Toomey began his career at Arthur Andersen & Co. serving real estate and banking clients as an Audit Manager. He currently serves as a member of the boards of the National Association of Real Estate Investment Trusts (NAREIT) and the National Multi Housing Council (NMHC). Additionally, Mr. Toomey serves as Chairman of the Real Estate Roundtable Task Force on Avian Flu Pandemic Preparedness and is an Oregon State University Foundation Trustee. Mr. Toomey holds a Bachelor of Science degree in Business Administration/Finance from Oregon State University and is a Certified Public Accountant.
Warren L. Troupe oversees all financial, treasury, tax and legal functions of the company. He joined UDR in March 2008. He was appointed the company’s Corporate Compliance Officer in May 2008 and the Corporate Secretary in October 2008. Prior to joining the company, Mr. Troupe was a partner with Morrison & Forester LLP from 1997 to 2008, where his practice focused on all aspects of corporate finance, from public and private equity offerings, traditional loan structures, debt placements to subordinated debt financings, workouts, and recapitalizations. He has concluded a large number of mergers and acquisitions for both public and private companies including tender offers, hostile proxy contests and negotiated acquisitions. Mr. Troupe holds a Bachelor of Arts degree from Colorado State University and his J.D. from the University of Denver. He currently serves as a member of the board of the National Multi Housing Council (NMHC). Additionally, Mr. Troupe is on the Multi-Family Silver Council of Urban Land Institute (ULI), a member of Pension Real Estate Association (PREA), National Association of Real Estate Investment Trust (NAREIT), Colorado Bar Association and American Bar Association.