Board of Directors
Debra A. Cafaro
Debra Cafaro, 54, a director of the company since February 2007, has been chairman, president and chief executive officer of Ventas,
Inc. (health care real estate investment trust) since 2003. She was its president and chief executive officer from 1999 when she joined
the company until 2003, and has been a director of the company since 1999. She served as president and director of Ambassador Apartments,
Inc. (real estate investment trust) from1997 until 1998 when it merged with AIMCO. She was a director of GGP, Inc. (real estate investment
trust) from March 2010 to November 2010. She is former chair of NAREIT (National Association of Real Estate Investment Trusts) and a director
of the Real Estate Roundtable, World Business Chicago (not-for-profit economic development corporation) and a Trustee of the Ravinia Festival
Association in Chicago. She has extensive REIT executive experience, with strong skills in real estate and corporate finance, strategic
planning and public company executive compensation.
Mark A. Emmert
Mark A. Emmert, 59, a director of the company since June 2008, has been President of the National Collegiate Athletic Association
since October 2010. He served as President of the University of Washington in Seattle, Washington, from 2004 to 2010; as Chancellor of
Louisiana State University from 1999 to 2004; and Chancellor and Provost of the University of Connecticut from 1994 to 1999. Prior to 1994,
he was Provost and Vice President for Academic Affairs at Montana State University and held faculty and administrative positions at the
University of Colorado. He also is a director of Expeditors International of Washington, Inc. He is a Life Member of the Council on Foreign
Relations and is a Fellow of the National Academy of Public Administration. He has also been a Fullbright Fellow, a Fellow of the American
Council on Education and served on many non-profit boards. He is an experienced leader of major organizations, with strong skills in government
and international relations, and strategic planning.
Daniel S. Fulton
Daniel S. Fulton, 64, was elected chief executive officer and a member of the board of directors in April 2008. He has been president
of Weyerhaeuser Company since January 2008. From May 2001 until March 2008 he was president and chief executive officer of Weyerhaeuser
Real Estate Company, a wholly owned subsidiary of Weyerhaeuser Company. In January 2004 he was named to Weyerhaeuser Company’s senior management
team. Mr. Fulton is on the board of numerous industry associations, including NAFO (National Association of Forest Owners) NCASI (the National
Council for Air and Stream Improvement), and NAREIT (the National Association of Real Estate Investment Trusts). He is vice chair of the
Washington State Roundtable, a member of the Business Roundtable, and the chair of the Business Roundtable’s Housing Subcommittee. Dan
is also a member of the Advisory Board for the Foster School of Business at the University of Washington. He has a strong executive background
in real estate and corporate finance, with extensive experience managing capital intensive operations, international operations and strategic
planning.
John I. Kieckhefer
John I. Kieckhefer, 67, a director of the company since 1990, has been president of Kieckhefer Associates, Inc. (investment and
trust management) since 1989, and was senior vice president prior to that time. He has been engaged in commercial cattle operations since
1967 and is a trustee of J.W. Kieckhefer Foundation, an Arizona charitable trust. He has a strong background in business and finance, with
extensive experience in public company executive compensation.
Wayne W. Murdy
Wayne W. Murdy, 67, a director of the company since January 2009, held various management positions with Newmont Mining Corporation
(international mining) from 1992 until his retirement in 2007, including Chairman of the Board from 2002 to December 2007 and Chief Executive
Officer from 2001 to June 2007. Before joining Newmont Mining, Mr. Murdy spent 15 years serving in senior financial positions in the oil
and gas industry, including positions with Apache Corporation and Getty Oil Company. He also is a director of BHP Billiton Limited and
BHP Billiton Plc. He is a trustee of the Denver Art Museum and the Papal Foundation, a member of the Advisory Councils for the College
of Engineering at the University of Notre Dame and the Daniels Business School at the University of Denver. He has extensive executive
experience in leading natural resources companies and managing capital-intensive industry operations, with strong skills in corporate finance
and accounting, international operations, strategic planning and public company executive compensation.
Nicole W. Piasecki
Nicole W. Piasecki, 49, a director of the company since 2003, is executive vice president Business Development and Strategic Integration
for Boeing Commercial Airlines. Previously, she served as president of Boeing Japan from 2006 to 2010, executive vice president of Business
Strategy & Marketing for Boeing Commercial Airplanes, The Boeing Company, from 2003 to 2006; was vice president of Commercial Airplanes
Sales, Leasing Companies from 2000 until January 2003; and served in various positions in engineering, sales, marketing, and business strategy
for the Commercial Aircraft Group from 1991. She is a Director on the Seattle Branch Board of Directors for the Federal Reserve Bank, Trustee
of Seattle University in Seattle, Washington, and a former member of the Board of Governors, Tokyo, of the American Chamber of Commerce
of Japan, and the Federal Aviation’s Management Advisory Council. She has extensive executive experience in capital intensive industries,
sales and marketing, strategic planning and international operations and relations.
Doyle R. Simons
Doyle R. Simons, 48, was appointed a director of the company in June 2012. He served as chairman and chief executive officer of
Temple-Inland, Inc. (forest products) from 2008 until February of 2012 when it was acquired by International Paper Company. Previously,
he held various management positions with Temple-Inland, including executive vice president from 2005 through 2007 and chief administrative
officer from 2003 to 2005. Prior to joining the company in 1992, he practiced real estate and banking law with Hutcheson and Grundy, L.L.P.
Simons also serves on the board of directors for Fiserv, Inc.; and is a member of the board of visitors for the University of Texas M.
D. Anderson Cancer Center, and the Texas Governor’s Business Council; and serves on the Advisory Councils of the College of Natural Sciences
and the Texas Memorial Museum at The University of Texas at Austin. He has extensive experience in managing forest products companies and
capital intensive industries, with strong skills in real estate development, corporate finance, executive compensation, and strategic planning.
Richard H. Sinkfield
Richard H. Sinkfield, 69, a director of the company since 1993, is a senior partner in the law firm of Rogers & Hardin in Atlanta,
Georgia, and has been a partner in the firm since 1976. He is a Trustee of Vanderbilt University and a member of the Advisory Board of
the Georgia Appleseed Center for Law and Justice. He was a director of United Auto Group, Inc. (automobile retailer) from 1993 to 1999
and its executive vice president and chief administrative officer from 1997 to 1999. He was a director of Central Parking Corporation from
2000 to February 2005. He is a former director of the Metropolitan Atlanta Community Foundation, Inc. and the Atlanta College of Art, a
former member of the executive board of the Atlanta Area Council of the Boy Scouts of America; and was a member of the board of governors
of the State Bar of Georgia from 1990 to 1998. He has extensive experience in corporate and securities laws and corporate governance matters.
D. Michael Steuert
D. Michael Steuert, a director of the company since October 2004, has been senior vice president and chief financial officer for
Fluor Corporation (engineering and construction) since 2001. He served as senior vice president and chief financial officer at Litton Industries
Inc. (defense electronics, ship construction and electronic technologies) from 1999 to 2001 and as a senior officer and chief financial
officer of GenCorp Inc. (aerospace, propulsion systems, vehicle sealing systems, chemicals and real estate) from 1990 to 1999. He also
serves as Trustee of Prologis and was formerly a member of the National Financial Executives Institute and the Carnegie Mellon Council
on finance. He has extensive executive experience in corporate finance and accounting, managing capital intensive industry operations,
natural resources development and strategic planning.
Kim Williams
Kim Williams, 56, a director of the company since October 2006, was senior vice president and associate director of global industry
research for Wellington Management Company LLP (investment management) from 2001 to 2005, was elected a partner effective January 1995
and held various management positions with Wellington from 1986 to 2001. Prior to joining Wellington, she served as vice president, industry
analyst for Loomis, Sayles & Co., Inc (investment management) from 1982 to 1986. She is also a director of E.W. Scripps Company, MicroVest
and Xcel Energy Inc. She is a member of the Overseer Committee of Brigham and Women’s Hospital in Boston, Massachusetts and a Trustee of
Concord Academy, Concord, Massachusetts. She has extensive experience in corporate finance, strategic planning and international operations.
Charles R. Williamson
Charles R. Williamson, 63, a director of the company since October 2004 and chairman of the Board since April 2009, was the executive
vice president of Chevron Corporation (international oil company) from August, 2005 until his retirement December 1, 2005. He was chairman
and chief executive officer of Unocal Corporation (oil and natural gas) until its acquisition by Chevron Corporation in 2005. He served
as Unocal Corporation’s executive vice president, International Energy Operations from 1999 to 2000; group vice president, Asia Operations
from 1998 to 1999; group vice president, International Operations from 1996 to 1997; and held numerous management jobs including positions
in the United Kingdom, Thailand and the Netherlands after joining Unocal in 1977. He was a director of Unocal Corporation and former Chairman
of the US-ASEAN Business Council. He is also a director and chairman of the board of Talisman Energy Inc. and a director of PACCAR Inc.
He has extensive executive experience in corporate finance, management of capital intensive operations, development of natural resources,
technology, international operations, strategic planning and public company executive compensation.
