Amy Tait – Founder & Chairman of the Board
Chris Czarnecki – Chief Executive Officer, President, & Director
Thomas P. Lydon – Lead Independent Director
James H. Watters — Independent Director
Josh E. Fidler – Independent Director
Z. Jamie Behar – Independent Director
Agha S. Khan – Director (Appointee of Asset Manager)
Thomas P. Lydon, serves as our Lead Independent Director and as chair of our Audit Committee and as a member of the Nominating and Corporate Governance Committee and has served on our board of directors since May 2016. Since 2003, Mr. Lydon has been President of The City Investment Fund, L.P., a real estate opportunity fund that purchased and sold real estate in New York City. Since 2015, Mr. Lydon has served as an advisory board director of Madison Marquette Real Estate Services, a private real estate investment management and operating company. Prior to joining Madison Marquette Real Estate Services, he served as President and Chief Executive Officer of SSR Realty Advisors Inc., a private real estate investment advisory firm. He is a director of Lowe Enterprises Investors, where he serves as a member of the audit and compensation committees, and is a director of Broadstone Net Lease, Inc. From 2011 through its acquisition by an affiliate of Lone Star Funds in 2015, Mr. Lydon served as a director of HME, where he was a member of the compensation and real estate investment committees. He was a member of the National Association of Real Estate Investment Managers from 1998 to 2004 and served as its chair from 2000 to 2002. Mr. Lydon holds a BBA in real estate from Syracuse University.
James H. Watters, serves as one of our Independent Directors, as chair of the Nominating and Corporate Governance Committee and as a member of the Audit Committee, and has served on our board of directors since its inception. Since 1997, Dr. Watters has served as Senior Vice President and Treasurer, Finance and Administration of Rochester Institute of Technology, or “RIT,” where he is responsible for the direct investment of $265 million of working capital, the administration of the investment process for $926 million of endowment assets, which includes overseeing approval for ten real estate funds, and the management and issuance of $300 million of public debt. Dr. Watters serves in the senior leadership role to over 850 full-time staff charged with responsibility for the financial, physical, human capital and information assets of RIT. Dr. Watters also chairs RIT’s Pension Investment Committee, which oversees $1.0 billion in funds, and is also vice chairman of RIT’s global subsidiary where he negotiates business models and real estate transactions for RIT’s global campuses. He has instructed various graduate business courses during his tenure in the RIT College of Applied Sciences and the E. Philip Saunders College of Business. He serves on various profit and not-for-profit boards throughout Rochester, New York, including Broadstone Net Lease, Inc. Prior to joining RIT, Dr. Watters spent 16 years with the University of Pittsburgh in positions such as Assistant Vice Chancellor for Finance and Business and Assistant Vice Chancellor for Real Estate and Management. Dr. Watters began his career in higher education administration assisting in the management of offshore insurance captives for the University of Pittsburgh. Dr. Watters holds a BS, MS and PhD from the University of Pittsburgh.
Josh E. Fidler, serves as one of our Independent Directors and as a member and chair of the Real Estate Investment Committee. Mr. Fidler joined our Board in August 2018. He is Co-Chairman and COO of Chesapeake Realty Partners, where he is responsible for project acquisition, design and development, contracting, operations, leasing, finance, legal affairs and administration. He was formerly a practicing attorney with Paul, Weiss, Rifkind, Wharton & Garrison in New York, specializing in general corporate and federal securities matters. From 2003-2011, Mr. Fidler served on the Board of Directors of Home Properties, Inc. (NYSE: HME). He is Chairman of Private Client Resources and serves on the Boards of Johns Hopkins Medicine, AgriFiber Holdings, and Home365. Mr. Fidler is a Founding Partner of Boulder Ventures, Ltd. Mr. Fidler received his law degree from NYU School of Law in 1980, where he was an editor of its Law Review. He received his BA from Brown University in 1977.
Z. Jamie Behar, serves as one of our Independent Directors and as a member of the Audit Committee. Ms. Behar joined our Board in September 2019. From October 2005 through 2015, Ms. Behar was Managing Director, Real Estate & Alternative Investments for GM Investment Management Corporation, where she was responsible for the management of approximately $12 billion at peak portfolio value in real estate, energy, and timber investments on behalf of both General Motors Company and other unaffiliated clients. Ms. Behar currently serves on the boards of Broadstone Real Estate Access Fund (BDREX, BDRWX), Sunstone Hotel Investors, Inc. (NYSE: SHO), ARMOUR Residential REIT, Inc. (NYSE: ARR), and Shurgard Self-Storage SA (EBR: SHUR). Ms. Behar holds a BSE (magna cum laude) from The Wharton School, University of Pennsylvania, an MBA from Columbia University Graduate School of Business, and the Chartered Financial Analyst (CFA) designation, and is a member of the Real Estate Investment Advisory Council of the National Association of Real Estate Investment Trusts (Nareit). In December 2018, Ms. Behar was the recipient of Nareit’s E. Lawrence Miller Industry Achievement Award for her contributions to the REIT industry.
Agha S. Khan, Director (Appointee of Asset Manager), serves as one of our directors (as nominee of the Asset Manager) and has served on our board since June 2015. Mr. Khan also currently serves on the board of managers of Broadstone Real Estate, LLC, our Manager. Mr. Khan is a Senior Principal of Stone Point Capital LLC (“Stone Point”), a financial services-focused private equity firm that has raised and managed seven private equity funds – the Trident funds – with aggregate committed capital of more than $19 billion. Mr. Khan joined Stone Point in 2002. Previously, Mr. Khan was an Analyst in the Financial Institutions Group at Salomon Smith Barney. Mr. Khan is a director of AMC Group Holdings LP, The ARC Group, LLC, Broadtree Residential, Inc., Formation Capital, LLC, FC Encore, LP, Grace Hill, Inc., Henderson Park Holdings Ltd., Home Point Financial Corporation, Kensington Vanguard National Land Services, LLC, New Point VII Limited, Omni Holding Company LLC, CREA, LLC, Prima Capital Advisors, LLC, Rialto Capital Holdings, Inc., Sabal Capital Holdings, Inc., Situs Group Holdings GP, LLC and Ten-X, LLC. Mr. Khan holds a BA from Cornell University.