NEW YORK, Oct. 3, 2017 /PRNewswire/ -- W. P. Carey
Inc. (NYSE: WPC), an internally-managed net lease real estate
investment trust, announced today that Margaret G. Lewis has been elected a director of
the Company. Ms. Lewis currently serves as Chairman of the
Federal Reserve Bank of Richmond
and is a Director of Flowers Foods. She has also served on the
boards of the Science Museum of Virginia, Virginia Hospital and Healthcare
Association and Smithfield Foods, Inc.
As a senior healthcare executive, Ms. Lewis served as President
of the Capital Division of Hospital Corporation of America (HCA)
from January 2006 to December 2013, where she oversaw 17 HCA hospitals
in Virginia, New Hampshire, Kentucky and Indiana. Before that, she served as President
of the Central Atlantic Division of HCA. She also served as Chief
Executive Officer of CJW Medical Center, which managed the
operations of Chippenham and Johnston-Willis hospitals in the
Richmond area.
Ms. Lewis is a Trustee of Averett University and served on the
Commonwealth of Virginia
Governor-Elect Appointee Health & Human Resources Transition
Team Task Force in 2013. From 1998 to 2006 she served on the Board
of John Tyler Community College
Foundation and was recognized by the John
Tyler Community College Foundation with the Margaret G.
Lewis Endowed Scholarship in 2007.
Ms. Lewis holds an Associate Degree in Nursing from John Tyler Community College, a Bachelor of Science
in Nursing from the Medical College of
Virginia and an MBA from Averett University. In addition,
she is certified as a Fellow of the American College of Healthcare
Executives (FACHE).
Commenting on the election of Ms. Lewis, W. P. Carey's Chief Executive Officer,
Mark J. DeCesaris, noted, "As
Chairman of the Federal Reserve Bank of Richmond, Margaret brings an added level of
perspective to our Board of Directors. Her role in shaping monetary
policies and evaluating their larger economic impact, along with
her corporate board experience and decades of executive leadership,
expand the diverse and growing skill set of our Board. We are
pleased to welcome Margaret as a director of W. P. Carey Inc. and
look forward to her contributions as a member of the Audit and
Nominating and Corporate Governance Committees."
W. P. Carey Inc.
W. P. Carey Inc. is a leading
internally-managed net lease REIT that provides long-term
sale-leaseback and build-to-suit financing solutions primarily for
companies in the U.S. and Europe.
At June 30, 2017, the Company had an enterprise value of
approximately $11.2 billion. In
addition to its owned portfolio of diversified global real estate,
W. P. Carey manages a series of investment programs with
assets under management of approximately $13.2 billion. Its corporate finance-focused
credit and real estate underwriting process is a constant that has
been successfully leveraged across a wide variety of industries and
property types. Furthermore, its portfolio of long-term leases with
creditworthy tenants has an established history of generating
stable cash flows, enabling it to deliver consistent and rising
dividend income to investors for over four decades.
www.wpcarey.com
Institutional Investors:
Peter Sands
W. P. Carey Inc.
212-492-1110
institutionalir@wpcarey.com
Press contact:
Guy
Lawrence
Ross & Lawrence
212-308-3333
gblawrence@rosslawpr.com
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SOURCE W. P. Carey Inc.