Equity Commonwealth Announces Changes to Management Team and Board of Trustees
March 01 2021 - 4:15PM
Business Wire
Equity Commonwealth (NYSE: EQC) today announced certain
executive management and board changes.
Adam Markman, the Company’s Executive Vice President, Chief
Financial Officer and Treasurer since July 2014, has resigned,
effective March 31, 2021. Mr. Markman is leaving to pursue other
professional opportunities. Bill Griffiths has been appointed
Senior Vice President, Chief Financial Officer and Treasurer,
effective April 1, 2021. Mr. Griffiths has served as Senior Vice
President of Capital Markets for the Company since 2014.
In addition, Edward Glickman, James Lozier, and Kenneth Shea,
members of the Board of Trustees since taking over responsibility
for the Company in 2014, notified the Company that they have chosen
not to stand for re-election when their current terms expire at the
next annual shareholder meeting, expected to be in June 2021.
“Adam has been a great partner and a valued leader,” said David
Helfand, Equity Commonwealth’s President and CEO. “Adam has the
support of a strong team, which will help ensure a smooth
transition. I’d also like to thank Ed, Jim, and Ken for their
counsel and support of EQC’s strategic plan the past seven
years.”
“On behalf of the Board of Trustees and all of us at the
Company, I want to thank Adam for his many contributions to Equity
Commonwealth and wish him the very best in his future endeavors,”
said Sam Zell, Equity Commonwealth’s Chairman. “In addition, I
would like to thank Ed, Jim, and Ken for their valuable
contributions as board members and wish them the best.”
About Equity Commonwealth
Equity Commonwealth (NYSE: EQC) is a Chicago based, internally
managed and self-advised real estate investment trust (REIT) with
commercial office properties in the United States. EQC’s same
property portfolio is comprised of 4 properties and 1.5 million
square feet.
Regulation FD Disclosures
We use any of the following to comply with our disclosure
obligations under Regulation FD: press releases, SEC filings,
public conference calls, or our website. We routinely post
important information on our website at www.eqcre.com, including
information that may be deemed to be material. We encourage
investors and others interested in the company to monitor these
distribution channels for material disclosures.
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Investor Contact Sarah Byrnes, Equity Commonwealth, (312)
646-2801
Equity Commonwealth (NYSE:EQC)
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