Boston Properties Appoints Two New Independent Directors
May 22 2019 - 4:18PM
Business Wire
New Directors, Diane
Hoskins and William Walton, Add Expertise in Real Estate Planning,
Development, Investment and Innovation
Boston Properties, Inc. (NYSE: BXP) today
announced that its stockholders elected two new independent
directors, Ms. Diane Hoskins and Mr. William Walton, to its Board
of Directors at the Company’s annual meeting of stockholders held
on May 21, 2019. The two new directors fill the seats previously
held by Dr. Jacob Frenkel and Mr. Martin Turchin, both of whom
retired from Boston Properties’ Board of Directors. Boston
Properties is governed by an 11-member Board, including nine
independent directors of which 44% are women.
Boston Properties also announced that Mr. Joel Klein, who had
been serving as Lead Independent Director, has been appointed as
independent, non-executive Chairman of the Board.
“We are pleased to welcome Diane and Bill to Boston Properties,”
stated Joel Klein, Chairman of the Board. “They both bring
leadership, vision and expertise that will further strengthen the
skillset of our directors. On behalf of the Board, we also extend
our sincere appreciation to Jacob and Marty for their leadership
and many contributions over the past years.”
About Ms. Diane Hoskins
Ms. Hoskins joins the Boston Properties Board with extensive
leadership in architecture, design, real estate, and business.
Ms. Hoskins has been the Co-CEO of M. Arthur Gensler Jr. &
Associates, Inc., the world’s largest architecture, design, and
planning firm since 2005, and Chair of the Gensler Board of
Directors since 2018. She founded the Gensler Research Institute in
2005 and, prior to her role as CEO, held various positions at the
organization, including Southeast Regional Managing Principal and
Managing Director of the Washington, DC office. Prior to Gensler,
Ms. Hoskins held senior positions at Epstein Architecture and
Engineering and Olympia & York. Ms. Hoskins is
currently a member of the World Economic Forum’s Global Future
Council on Cities & Urbanization, and the CEO Initiative
by Fortune and Time. Ms. Hoskins has been honored by several
organizations for her work, including the Spirit of Life Award from
City of Hope and the Outstanding Impact Award from the Council of
Real Estate Women. She was inducted into the Washington Business
Hall of Fame and was ranked on the Business Insider’s list of the
world’s 100 top creative visionaries.
About Mr. William Walton
Mr. Walton brings more than 40 years of real estate investment,
development and management experience, as well as executive
leadership experience. Mr. Walton is co-founder and managing
member of Rockpoint Group, LLC, a global real estate investment
management firm where he and the founding managing members have
invested in approximately $60 billion of real estate.
Mr. Walton also co-founded Westbrook Real Estate Partners,
LLC, a similar real estate investment management firm. Prior to
co-founding Westbrook, Mr. Walton was a managing director in
the real estate group of Morgan Stanley & Co., Inc.
Mr. Walton is involved with several real estate industry
organizations and serves on the boards of Crow Holdings and FRP
Holdings, Inc. He is a former trustee of Corporate Office
Properties Trust and a former director of Florida Rock Industries
and The St. Joe Company.
About Boston Properties
Boston Properties (NYSE: BXP) is the largest publicly-held
developer and owner of Class A office properties
in the United States, concentrated in five markets -
Boston, Los Angeles, New York, San
Francisco and Washington, DC. The Company is a fully
integrated real estate company, organized as a real estate
investment trust (REIT), that develops, manages, operates, acquires
and owns a diverse portfolio of primarily Class A office space. The
Company’s portfolio totals 51.4 million square feet and 196
properties, including eleven properties under construction.
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version on businesswire.com: https://www.businesswire.com/news/home/20190522005756/en/
Michael LaBelleExecutive Vice PresidentChief Financial
Officer617.236.3352
Sara BudaVice President, Investor
Relationssbuda@bostonproperties.com617.236.3429
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