GREENWICH, Conn., April 10,
2023 /PRNewswire/ -- Starwood Property Trust, Inc.
(NYSE: STWD) ("the Company") today announced that the Board of
Directors has appointed Deborah L.
Harmon to serve as an independent director. The appointment
is effective immediately and Ms. Harmon will stand for election to
the Board at the 2023 annual meeting of shareholders to be held on
May 18, 2023. The addition of Ms.
Harmon brings the total number of Board members to nine, seven of
whom are independent directors.
"We are thrilled to further expand our Board of Directors with
Debbie's addition as a director. Debbie brings proven and
successful real estate experience that will offer additional
perspective and insight to the Board and management. This
appointment further emphasizes our ongoing commitment to strong
governance," stated Barry
Sternlicht, Chairman and CEO of Starwood Property Trust.
"Continuing to diversify the Board of Directors at Starwood
Property Trust ensures strong alignment with our
shareholders. Given the long success of Debbie's real estate
focused career, we are excited to gain access to her valuable
knowledge as a member of the Board," commented Richard D. Bronson, Lead Independent
Director.
"Joining the Board of Directors of Starwood Property Trust is a
compelling opportunity given the Company's unique positioning and
track record of success. I look forward to contributing as the
Company continues to pursue its goal to build the leading
multi-cylinder real estate and infrastructure finance platform,"
stated Ms. Harmon.
Ms. Harmon is Co-Founder and Chief Executive Officer of Artemis
Real Estate Partners ("Artemis"), a real estate private equity firm
with more than $9 billion of capital
raised since inception across core, core plus, value-add and
opportunistic strategies. Ms. Harmon co-founded Artemis Real Estate
Partners in 2009. She has oversight responsibility for the firm,
establishing and managing the firm's strategic direction. Prior to
co-founding Artemis, Ms. Harmon spent 17 years establishing and
leading the principal investing business at J.E. Robert Companies,
Inc., a global real estate investment firm where she was President
and Chief Investment Officer from 1997 until her departure in
2007.
Ms. Harmon currently serves as Chairperson of the Pension Real
Estate Association Foundation, and as a member of the Board of
Directors of Urban Alliance and
Seizing Every Opportunity (SEO). She serves on the Advisory Council
for the NYU Stern Center for Business and Human Rights and as a
member of the Council on Foreign Relations. Ms. Harmon was
previously appointed by President Obama to serve as a Commissioner
for the White House Fellows program and was a member of the Board
of Directors for Forest City Enterprises and Avis Group Holdings
[NYSE: AVI]. She is a former Trustee of the Urban Land Institute,
and previously served on the Board of Directors of the Pension Real
Estate Association and Women for Women International. Ms. Harmon
was recognized in 2020 by Barron's on its inaugural list of the 100
Most Influential Women in U.S. Finance, and was recognized by EY as
an Entrepreneur of the Year® 2019 Mid-Atlantic Award winner and
National Finalist.
She earned a Bachelor of Arts degree from Johns Hopkins University and a Master of Business
Administration from The Wharton School of the University of Pennsylvania.
About Starwood Property Trust, Inc.
Starwood Property Trust (NYSE: STWD), an affiliate of global
private investment firm Starwood Capital Group, is a leading
diversified finance company with a core focus on the real estate
and infrastructure sectors. As of December
31, 2022, the Company has successfully deployed $94 billion of capital since inception and
manages a portfolio of over $28
billion across debt and equity investments. Starwood
Property Trust's investment objective is to generate attractive and
stable returns for shareholders, primarily through dividends, by
leveraging a premiere global organization to identify and execute
on the best risk adjusted returning investments across its target
assets. Additional information can be found at
www.starwoodpropertytrust.com.
Contact:
Zachary Tanenbaum
Starwood Property Trust
Phone: 203-422-7788
Email: ztanenbaum@starwood.com
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SOURCE Starwood Property Trust, Inc.