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Equity Residential (EQR.N)

EQR.N on New York Stock Exchange

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20 Sep 2019
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Summary

Name Age Since Current Position

Samuel Zell

77 1993 Chairman of the Board of Trustees

Mark Parrell

52 2018 President, Chief Executive Officer, Trustee

Gerald Spector

72 2008 Independent Vice Chairman of the Board of Trustee

Robert Garechana

40 2018 Chief Financial Officer, Executive Vice President

Michael Manelis

50 2018 Chief Operating Officer, Executive Vice President

Alan George

61 2002 Executive Vice President, Chief Investment Officer

Scott Fenster

43 2018 Executive Vice President, General Counsel, Corporate Secretary

Christa Sorenson

58 2015 Executive Vice President - Human Resources

Barry Altshuler

60 2015 Executive Vice President - Investments

Alexander Brackenridge

55 2015 Executive Vice President – Investments

Charles Atwood

70 2009 Lead Independent Trustee

Raymond Bennett

50 2018 Independent Trustee

Linda Bynoe

66 2009 Independent Trustee

Connie Duckworth

64 2015 Independent Trustee

Mary Haben

62 2011 Independent Trustee

Bradley Keywell

49 2011 Independent Trustee

John Neal

69 2006 Independent Trustee

Mark Shapiro

49 2010 Independent Trustee

Stephen Sterrett

63 2015 Independent Trustee

David Neithercut

63 2018 Trustee

Marty McKenna

Investor Relations Contact

Biographies

Name Description

Samuel Zell

Mr. Samuel (Sam) Zell J.D., is Chairman of the Board of Trustees of Equity Residential Inc. He is our founder and the Company’s Chairman since our initial public offering in 1993, is Chairman of Equity Group Investments, the private entrepreneurial investment firm he founded 50 years ago. He is also the founder of Equity International, a private investment firm focused on real estate-related companies outside the U.S. He also serves as chairman of Anixter International, Inc. (NYSE: AXE), Covanta Holding Corporation (NYSE: CVA), Equity Commonwealth (NYSE: EQC) and Equity LifeStyle Properties, Inc. (NYSE: ELS). Previously, Mr. Zell served as chairman of Equity Office Properties Trust, which was sold in February 2007 for $39 billion in the largest ever private equity transaction at the time. Mr. Zell served as the chairman of the Tribune Company, a private media conglomerate, until December 2012, at which time the Tribune Company emerged from Chapter 11 bankruptcy. Mr. Zell is an active philanthropist with a focus on entrepreneurship education. Through the Zell Family Foundation, he has led the sponsorship of several leading entrepreneurship programs, including: the Zell/Lurie Institute for Entrepreneurial Studies at University of Michigan’s Ross School of Business; the Zell Fellows Program at Northwestern University’s Kellogg School of Management; and the Zell Entrepreneurship Center at the Interdisciplinary Center Herzliya (IDC). The Zell Global Entrepreneur Network (ZGEN) unites the students and alumni of these programs and actively provides them with connections, opportunities, mentorship and support. Mr. Zell also sponsors the Samuel Zell/Robert Lurie Real Estate Center at University of Pennsylvania’s Wharton Real Estate Center. Mr. Zell received a J.D. from the University of Michigan Law School.

Mark Parrell

Mr. Mark J. Parrell is President, Chief Executive Officer, Trustee of Equity Residential Inc., effective December 31, 2018. He has been Chief Executive Officer of the Company since January 2019 and President of the Company since September 2018. Mr. Parrell served as Executive Vice President and Chief Financial Officer of the Company from October 2007 to September 2018. Mr. Parrell was Senior Vice President and Treasurer of the Company from August 2005 to October 2007 and has held various positions within the Company’s finance group since September 1999. Mr. Parrell is a member of the National Multifamily Housing Council (“NMHC”) and served as Chair of its Finance Committee until January 2017 and is also a member of the Urban Land Institute (“ULI”). Mr. Parrell serves on the Board of Directors of the Greater Chicago Food Depository. He is a former director of Brookdale Senior Living Inc. (NYSE: BKD) and served as a director of Aviv REIT, Inc. (NYSE: AVIV) until April 1, 2015, when it merged with a competitor. Mr. Parrell received a J.D. from Georgetown University Law Center. His Qualifications Uniquely qualified as the CEO of the Company. · ??Extensive hands-on experience regarding capital markets and real estate finance and investment.?Sophisticated expertise in transactional, operational and regulatory matters and substantial experience as a board member of public companies.

Gerald Spector

Mr. Gerald A. Spector is Independent Vice Chairman of the Board of Trustee of Equity Residential Inc. He had been our Vice Chairman since January 2008 and was the Executive Vice President of the Company from March 1993 and Chief Operating Officer of the Company from February 1995 until his retirement in December 2007. Mr. Spector was the Chief Operating Officer of the Tribune Company from December 2009 through December 2010, and served as its Chief Administrative Officer from December 2007 through December 2009. He began his real estate career in the early 1970s and has extensive prior public and private board experience as well. Mr. Spector serves as a director of Equity Commonwealth (NYSE: EQC) and is a former Certified Public Accountant.

Robert Garechana

Mr. Robert A. (Bob) Garechana is Chief Financial Officer, Executive Vice President of the Company since September 2018. Mr. Garechana served as Senior Vice President of the Company from December 2012 to September 2018 and Treasurer of the Company from January 2008 to September 2018 and has held various positions within the Company’s finance group since November 2004. Mr. Garechana received a B.B.A. from The University of Texas at Austin.

Michael Manelis

Mr. Michael L. Manelis is re designated as Executive Vice President & Chief Operating Officer of the Equity Residential since July 2018. Mr. Manelis served as Executive Vice President – Property Operations of the Company from January 2017 to June 2018, as Senior Vice President of Operations and Information Technology from May 2012 to December 2016 and as Senior Vice President – Property Operations from August 2005 to May 2012 and has held various positions within the Company’s operations group since 1999. Mr. Manelis is a member of the Advisory Board of Home Partners of America.

Alan George

Mr. Alan W. George is Executive Vice President, Chief Investment Officer of Equity Residential., since January 2002 and was Executive Vice President – Acquisitions/Dispositions from February 1997 to January 2002. Mr. George joined the Company in 1992 as a Vice President – Asset Management. Mr. George serves on the Executive Committee of NMHC. He is also a member and Governor of ULI and serves on the advisory board of the ULI Terwilliger Center for Housing.

Scott Fenster

Mr. Scott J. Fenster is Executive Vice President, General Counsel and Corporate Secretary of the Equity Residential since January 2018. Mr. Fenster served as the Company’s Senior Vice President – Legal from January 2013 until December 2017 and has held various positions within the Company’s legal department since September 2003. Mr. Fenster received a J.D. from the University of Michigan Law School.

Christa Sorenson

Ms. Christa L. Sorenson is Executive Vice President – Human Resources of the Equity Residential since December 2015. Ms. Sorenson was the Senior Vice President – Organization and Talent Development from July 2008 to December 2015 and has held various positions within the Company’s Organization and Talent Development group since March 2003.

Barry Altshuler

Mr. Barry S. Altshuler is Executive Vice President - Investments of the Equity Residential., since February 2015. Mr. Altshuler served as the Company’s Senior Vice President – Investments from January 2007 to January 2015, as Vice President of Acquisitions from April 2002 to December 2006 and as Vice President of Asset Management from January 1998 to March 2002. Mr. Altshuler serves on the Executive Committee of the Central City Association of Los Angeles and the University of Florida Real Estate Advisory Board and is a member of NMHC and ULI. Mr. Altshuler currently also serves as President of the California Apartment Association.

Alexander Brackenridge

Mr. Alexander E. Brackenridge is Executive Vice President – Investments of the Equity Residential since February 2015. Mr. Brackenridge served as the Company’s Senior Vice President – Investments from May 2002 to January 2015 and has held various acquisitions and asset management positions within the Company since 1993. Mr. Brackenridge is a member of the Greater Boston Real Estate Board, NMHC and ULI. Mr. Brackenridge received an M.B.A. from Yale University.

Charles Atwood

Mr. Charles L. (Chuck) Atwood is Lead Independent Trustee of Equity Residential since March 2009, served as Vice Chairman of the Board of Directors of Harrah’s Entertainment, Inc. (now known as Caesars Entertainment Corporation), a private gaming and hospitality company, until his retirement in December 2008. Mr. Atwood had been Vice Chairman of Harrah’s public predecessor company until its sale in January 2008, a member of its Board since 2005, its Chief Financial Officer from 2001 to 2006, and had been with Harrah’s and its predecessors since 1979. During his tenure at Harrah’s, Mr. Atwood led that company’s merger, acquisition and divestiture activities, new development and design and construction projects, representing tens of billions of dollars of transactions. Mr. Atwood served as a director of Pinnacle Entertainment, Inc. (NYSE: PNK) until October 15, 2018, when it merged with a competitor, and is a former director of Gala Coral, a private United Kingdom gaming industry company, and ALST Casino Holdco, LLC, a private company in the casino and hospitality industry. Mr. Atwood received an M.B.A. in finance from Tulane University.

Raymond Bennett

Mr. Raymond Bennett is Independent Trustee of the Company. He is Chief Global Officer, Global Operations for Marriott International, Inc. Appointed to this role in 2015, Mr. Bennett is responsible for the design, development and deployment of products and services for all lodging brands across Marriott’s 7,000 hotels globally. He has chief responsibility for brand standards and operational policies, quality assurance, procurement, engineering, retail and other disciplines and has served in various other operation and development-focused roles during his career at Marriott. Prior to joining Marriott in 2001, Mr. Bennett served for over 11 years in various managerial positions for Pepsi Bottling Group. Qualifications. Extensive management and operational experience in hospitality, customer service and procurement on a global level·?Valuable insight into brand management, consumer insight and product differentiation. ?Executive leadership in strategic implementation of diversity, sustainability and other aspects of corporate social responsibility.

Linda Bynoe

Ms. Linda Walker Bynoe is Independent Trustee of Equity Residential. She has been President and Chief Executive Officer of Telemat Ltd., a management consulting firm, since 1995 and served as its Chief Operating Officer from 1989 through 1994. Ms. Bynoe served as a Vice President – Capital Markets for Morgan Stanley from 1985 to 1989, joining the firm in 1978. Ms. Bynoe serves as a director of Anixter International, Inc. (NYSE: AXE), Northern Trust Corporation (NASDAQ: NTRS) and Prudential Retail Mutual Funds and is a former director of Simon Property Group, Inc. (NYSE: SPG). Ms. Bynoe received an M.B.A. from Harvard Business School. Qualifications · Extensive business and governance experience as a director of financial services and other complex companies. · ??Diverse consulting and investment experience in various industries. ·Audit committee financial expert, based on her expertise in accounting and financial risk management, as well as experience on other public company audit committees.

Connie Duckworth

Ms. Connie K. Duckworth is Independent Trustee of the Equity Residential. She is the Chairman and Chief Executive Officer of ARZU, Inc., the social enterprise she founded in 2004 which empowers destitute women weavers in rural Afghanistan. After a distinguished 20-year career, Ms. Duckworth retired in 2000 as a Partner and Managing Director of The Goldman Sachs Group, Inc., and was the first woman to be named a sales and trading partner in the firm’s history. She is a director of Steelcase Inc. (NYSE: SCS), and formerly served as a director of Russell Investment Group, Smurfit-Stone Container Corporation, Nuveen Investments and DNP Select Income Fund Inc. Ms. Duckworth received an M.B.A. from the Wharton School of the University of Pennsylvania. Qualifications. Extensive experience with over 20 years of executive leadership in the financial services industry ·Successful social entrepreneur with proven operational skills in rapidly-changing settings · ??Well-seasoned board member with service on numerous boards of other public companies and not-for-profit entities.

Mary Haben

Ms. Mary Kay Haben is Independent Trustee of Equity Residential. She has served as the President-North America for the Wm. Wrigley Jr. Company, a leading confectionary company, until her retirement in February 2011. At Wrigley, Ms. Haben drove growth through new product and packaging innovation, as well as marketing efforts in emerging social media. Prior to joining Wrigley in 2007, Ms. Haben held various executive positions during her 27-year career at Kraft Foods Inc. These included leading significant business divisions and functions for Kraft, driving bottom line growth through marketing innovation and brand positioning efforts, as well as acquisitions and productivity initiatives. She serves as a director of The Hershey Company (NYSE: HSY) and formerly served as a director of Bob Evans Farms, Inc. (NASDAQ: BOBE) until its sale on January 12, 2018. Ms. Haben received an M.B.A. from the University of Michigan Ross School of Business. Qualifications ·?Substantial governance expertise with deep corporate and board experience. ?Proven track record in exceeding consumer expectations through brand building, innovation and implementation of business strategies in various markets and media platforms. ·?Valuable marketing perspective as the Company continues to focus on ways to engage with current and future residents.

Bradley Keywell

Mr. Bradley A. (Brad) Keywell is Independent Trustee of Equity Residential. He is co-founder and Chief Executive Officer of Uptake Technologies, Inc., an industrial artificial intelligence and machine learning software company. He is managing partner of Lightbank, a venture capital fund. He is co-founder of MediaBank LLC, a provider of integrated media procurement technology, and Echo Global Logistics, Inc. (NASDAQ: ECHO). He is a co-founder and a former director of Groupon, Inc. (NASDAQ: GRPN). Mr. Keywell was recognized as the Ernst & Young Entrepreneur Of The Year 2018 overall and emerging award winner. Mr. Keywell is an Adjunct Professor at the University of Chicago Booth School of Business and received a J.D. from the University of Michigan Law School. Qualifications. • Successful entrepreneur in both public and private markets across wide-ranging industries, with strong ability to assess risks relating to new ventures and investments. •Recognized leader in incorporating technological and social innovation to implement corporate strategy, operations and growth. •Diverse leadership and management experience.

John Neal

Mr. John E. (Jack) Neal is Independent Trustee of Equity Residential. He has over 30 years of experience in executive positions in the financial services and banking industries with a primary focus on real estate finance, including leading the real estate lending and corporate banking businesses at Bank One Corporation, Kemper Financial Services and Continental Bank. He recently retired as a partner of Linden LLC, a private equity firm, serves as a trustee of the Calamos Mutual Funds, and also serves on the boards of private companies in a wide array of industries. He received an M.B.A. from Harvard Business School. Qualifications •Deep executive and management leadership and governance experience in the real estate lending industry, during various and challenging business cycles •Valuable insight into capital markets and trends •Audit committee financial expert, based on banking and financial background.

Mark Shapiro

Mr. Mark S. Shapiro is Independent Trustee of Equity Residential. He has served as President of leading entertainment, sports and fashion company Endeavor since December 2018 and previously served as co-president of the company’s IMG and WME subsidiaries from November 2016 to December 2018 and as Chief Content Officer from September 2014 to November 2016. Prior to joining IMG in 2014, he held various executive positions, including Chief Executive Officer, at Dick Clark Productions, an independent producer of television programming, from May 2010 to September 2014. Mr. Shapiro was the Chief Executive Officer and a director of Six Flags, Inc., the world’s largest regional theme park company, from December 2005 through May 2010. Prior to joining Six Flags, Inc., Mr. Shapiro spent 12 years at ESPN, Inc., where he ultimately served as Executive Vice President, Programming and Production and had significant responsibility in building the strength of the network’s brand which garnered numerous Emmy and Peabody awards. Mr. Shapiro also serves as a director of Live Nation Entertainment, Inc. (NYSE: LYV), Frontier Communications Corporation (NASDAQ: FTR) and Papa John’s International, Inc. (NASDAQ: PZZA), as well as Chairman of the Board of Captivate Network. He is a former director of the Tribune Company. Qualifications •Business and governance acumen as a CEO, president and board member of large and complex organizations •Provider of unique and critical insights and innovation in media, marketing, consumer and branding strategies •Insights into organizational transformation to deal with diverse economic and market-based challenges.

Stephen Sterrett

Mr. Stephen E. Sterrett is Independent Trustee of the Equity Residential. He has served as the Senior Executive Vice President and Chief Financial Officer of Simon Property Group, Inc. (NYSE: SPG), 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 a director of Berry Global Group, Inc. (NYSE: BERY) and will serve as a director of Realty Income Corporation (NYSE: O) until his term expires in May 2019. Mr. Sterrett also serves on the Board of Trustees of Butler University. 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.

David Neithercut

Mr. David J. Neithercut is Trustee of Equity Residential Inc. He has served as Chief Executive Officer of the Company from January 2006 until his retirement in December 2018 and President of the Company from May 2005 to September 2018. He was Executive Vice President – Corporate Strategy of the Company from January 2004 to May 2005, and Executive Vice President and Chief Financial Officer of the Company from February 1995 to August 2004. Prior to joining Equity Residential, Mr. Neithercut served as Senior Vice President of Finance for Equity Group Investments. He serves on the Policy Advisory Board of the Joint Center for Housing Studies at Harvard University and the MBA Real Estate Program Advisory Board at Columbia University. Mr. Neithercut is a former director of General Growth Properties, Inc. (NYSE: GGP) and a former member of the Advisory Board of Governors of Nareit of which he served as Chairman in 2015. Mr. Neithercut received Nareit’s 2018 Industry Leadership Award, honoring a REIT executive who has made a significant and lasting contribution to the growth and betterment of the industry, and was recognized by Columbia Business School as the 2018 Distinguished Real Estate Partner. Mr. Neithercut received an M.B.A. from the Columbia University Graduate School of Business. Qualifications. •Recognized as a leading industry authority in real estate investments, operations and capital markets. •Long and successful track record in various leadership roles at the Company and other organizations, including leading the development and execution of the Company’s portfolio repositioning. •Highly experienced in dealing with complex management, financial, risk assessment, business and governance issues and is uniquely well-equipped to advise the new CEO in these matters.

Marty McKenna