Piedmont Promotes C. Brent Smith to President and Chief Investment Officer
November 13 2018 - 4:18PM
Piedmont Office Realty Trust (NYSE: PDM) expanded
today on its previous announcement that its Board of Directors
has promoted Chief Investment Officer, C.Brent Smith, to
President and Chief Investment Officer. Donald A. Miller, CFA,
Chief Executive Officer, will continue to serve in that
capacity. Mr. Smith will report to Mr. Miller and work with
him on corporate strategy and take a broader role across the
Company’s platform.
Commenting on Mr. Smith’s promotion, Mr. Miller said “For
several years, the Board of Directors and I have been working on a
robust succession planning program across our entire leadership
team. Brent’s promotion is a direct result of that program
and the recognition of many years of accomplishments on his
part. I’m very excited about the energy and vision he will
bring to this role as we continue to focus on refining our
strategy in ways that we believe will most benefit our
stockholders.”
Mr. Smith, 43, will continue to serve as Chief Investment
Officer, as well as Executive Vice President of Piedmont’s
Northeast Region, for the foreseeable future. As Chief Investment
Officer, Mr. Smith leads a team of experienced transactions
professionals focused on capital market transactions across
Piedmont’s entire portfolio, including Piedmont’s portfolio
repositioning. As head of the Company’s Northeast regional
team, Mr. Smith oversees a team responsible for the Company’s
approximately three million square foot Boston and New York/New
Jersey portfolio. Prior to joining Piedmont in 2012, Mr.
Smith served as an Executive Director with Morgan Stanley in the
Real Estate Investment Banking division advising a wide range of
public and private real estate clients. He brings almost 15 years
of corporate- and property-level real estate experience in both
North America and Asia.
“Having served Piedmont over the last twelve years as both an
advisor and a member of management, I have deep respect and
appreciation for the entire Piedmont team,” Mr. Smith said.
“I’m looking forward to continuing to work with Don, the Board, and
the rest of the leadership team as we leverage our best-in-class
office platform and local Piedmont expertise to expand our presence
across our eight core markets.”
About
Piedmont Office Realty
Trust:
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner,
manager, developer, and operator of high-quality, Class A office
properties located in eight major cities in the eastern half of the
U.S. The almost $5 billion portfolio is comprised of approximately
17 million square feet of office space. The Company is a
fully-integrated, self-managed real estate investment trust (REIT)
with local management offices in each of its major markets and is
investment-grade rated by Standard & Poor's (BBB) and Moody's
(Baa2). For more information, see www.piedmontreit.com.
Contact: Stephanie
Scurlock
Company: Piedmont Office Realty TrustPhone:
1 770 418
8800Email:
investor.relations@Piedmontreit.com
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