Kent Griffin Joins TIER REIT’s Board of Directors
January 23 2017 - 4:30PM
Business Wire
TIER REIT, Inc. (NYSE: TIER), a Dallas-based real estate
investment trust, announced the appointment of Kent Griffin as an
independent director effective immediately, expanding the board to
seven members, six of which are independent.
Mr. Griffin joins the TIER REIT board of directors with
extensive experience in real estate operations, corporate finance
and capital markets. Mr. Griffin served from 2008 to 2015 as
President and Chief Operating Officer of BioMed Realty Trust, Inc.,
a leading provider of real estate for the life science industry
that was publicly traded on the New York Stock Exchange prior to
its acquisition in 2016. Mr. Griffin originally joined BioMed as
Chief Financial Officer in 2006. Previously, Mr. Griffin worked as
an investment banker for J.P.Morgan in New York and San Francisco
and for Raymond James in St. Petersburg.
“With Mr. Griffin’s extensive real estate and M&A experience
and executive leadership, he will provide excellent insight to our
board and be an integral part as we continue to create value for
the Company’s stockholders,” said Chairman of the Board Rick
Gilchrist. “We look forward to his contributions as a board
member.”
Additionally, Charles G. Dannis has informed the Company he will
not stand for re-election as a director at the Company’s 2017
Annual Meeting of Stockholders. “We are deeply grateful to Chuck
for his significant contributions and outstanding service
throughout his many years of service on the board,” said Scott W.
Fordham, Chief Executive Officer and President of TIER REIT. “His
passion for the Company and relentless focus on creating
stockholder value have helped the Company tremendously during his
tenure.”
About TIER REIT, Inc.
TIER REIT, Inc. is a self-managed, Dallas-based real estate
investment trust focused on delivering outsized stockholder return
through stock price appreciation and dividend growth while offering
unparalleled tenant service. TIER REIT’s investment strategy is to
acquire, develop and operate a portfolio of best-in-class office
properties in select U.S. markets that consistently lead the nation
in both population and office-using employment growth. Within these
markets, we target TIER1 submarkets, which are primarily urban and
amenity-rich locations. For additional information regarding TIER
REIT, please visit www.tierreit.com or call 972.483.2400.
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version on businesswire.com: http://www.businesswire.com/news/home/20170123006076/en/
TIER REIT, Inc.Scott McLaughlin,
972-483-2465smclaughlin@tierreit.com
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