Stephen E. Sterrett, our Lead Trustee since 2020, served as the Senior Executive Vice President and Chief Financial Officer of Simon Property Group, Inc. (NYSE: SPG), an owner of shopping, dining, entertainment and mixed-use destinations, one of the largest REITs in the world by equity market capitalization and a S&P 100 company, until his retirement in December 2014. He spent more than 26 years in various positions at Simon and its predecessor companies and had served as the company’s Chief Financial Officer since 2000. Prior to joining Simon, Mr. Sterrett was a Senior Manager at the international firm of Price Waterhouse. Mr. Sterrett serves as chairman of Berry Global Group, Inc. ("Berry") (NYSE: BERY) and will serve as deputy chairman of Amcor plc ("Amcor") (NYSE: AMCR, ASX: AMC) following the merger of Berry and Amcor, which is expected to occur mid-2025. He was a director of Realty Income Corporation (NYSE: O) until May 2019. Mr. Sterrett also serves on the Board of Trustees of Butler University and of the FirstTee, a youth development organization. Mr. Sterrett received an M.B.A. from Indiana University.

Qualifications

• Extraordinarily equipped with wide-ranging knowledge in real estate and public company matters


• Executive leadership experience and expertise in financial, risk assessment, operational, governance and strategic issues facing large real estate companies


• Audit committee financial expert, based on prior experience as a CFO