Silver Bay Realty Trust Corp. Appoints Mark Weld to Board of Directors
06 January 2017 - 8:18AM
Business Wire
Silver Bay Realty Trust Corp. (NYSE:SBY) announced today the
appointment of Mark Weld as an additional independent director to
the Company’s Board of Directors (the “Board”), effective January
4, 2017.
“We are pleased to have Mark join our Board and believe his 40
years of real estate investment and asset management background
allow him to provide a beneficial perspective to Silver Bay,” said
Irvin Kessler, the Chairman of the Company’s Board of
Directors.
Mr. Weld has nearly 40 years of experience as an active real
estate investor, developer and manager. His specific focus has been
on both discretionary and non-discretionary investment programs on
behalf of major public and private pension fund clients. Prior to
retiring in 2015, Mr. Weld spent 20 years at Clarion Partners,
where he was an equity partner and managing director, overseeing
its New England regional headquarters in Boston, in addition to
having responsibility for all private market acquisition activities
in the area. He also served as portfolio manager on behalf of a
number of public and private pension fund clients making and
managing investments in all major property types and markets
throughout the United States.
Mr. Weld is a Director for the Boch Center (formerly the Citi
Performing Arts Center). He is an honors graduate of Dartmouth
College with a degree in economics.
Silver Bay Realty Trust Corp.
Silver Bay Realty Trust Corp. is an internally managed Maryland
corporation focused on the acquisition, renovation, leasing and
management of single-family properties for rental income and
long-term capital appreciation. Silver Bay owns single-family
properties in Arizona, California, Florida, Georgia, Nevada, North
Carolina, Ohio, South Carolina and Texas. Silver Bay has elected to
be taxed as a REIT for U.S. federal tax purposes. Additional
information can also be found on the company’s website:
www.silverbayrealtytrustcorp.com.
Additional Information
Stockholders of Silver Bay, and other interested persons, may
find additional information regarding the company at the SEC's
website at www.sec.gov or by directing requests to: Silver Bay
Realty Trust Corp., Attn: Investor Relations, 3300 Fernbrook Lane
North, Suite 210, Plymouth, MN 55447, telephone (952) 358-4400.
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version on businesswire.com: http://www.businesswire.com/news/home/20170105006202/en/
Silver Bay Realty Trust Corp.Griffin Wetmore,
952-358-4400Executive Vice President of
Financeinvestors@silverbaymgmt.com
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