Philip W. Norwood

Chairman Of The Board

Philip W. Norwood

Chairman Of The Board

Mr. Norwood is Principal of Haviland Capital, LLC, a real estate and private equity investment firm. Previously, he served as President and CEO  of Faison Enterprises, Inc. for more than two decades. Prior to Faison, Mr. Norwood was Chief Executive Officer and Chairman of Trammell Crow Realty Advisors, and also served as Vice Chairman of Trammell Crow Company. He has been a Director at Mid-America Apartment Communities, Inc. (NYSE: MAA) since 2007 and was formerly a Director at Crosland Inc. He is a former member of the Real Estate Roundtable and the International Council of Shopping Centers. He was Rector (Chairman) of the Board of Trustees of Washington & Lee University and Opera Carolina. He is a member of the Urban Land Institute and is the current Chair of Camp Blue Skies Foundation.

C. Ronald Blankenship

Chairman Of The Investment Committee

C. Ronald Blankenship

Chairman Of The Investment Committee

Most recently, Mr. Blankenship served as Chief Executive Officer of Verde Realty.  Prior to joining Verde, he was Vice Chairman and Chief Operating Officer of Security Capital Group Incorporated, a publicly held international real estate operating and investment management company.  Security Capital had controlling interest in 18 public and private, fully integrated real estate operating companies with a total market capitalization of over $26 billion. Eight of the companies were listed on the NYSE. He is currently a Director of Regency Centers Corporation and has also been a Director for Archstone Trust, Belmont Corp., ProLogis, CarrAmerica, and Storage USA.

Catherine S. Cuthell

Shareholder Director

Catherine S. Cuthell

Shareholder Director

Ms. Cathell is Director of the Institute for Teaching Mathematics and Director of the Saturday Math Program at the Bank Street Graduate School of Education. She also serves as a consultant for Mathematics and Technology Curricula and Teacher Education.

Patricia L. Gibson

Chairman Of The Compensation Committee

Patricia L. Gibson

Chairman Of The Compensation Committee

Patricia L. Gibson is the Chief Executive Officer of Banner Oak Capital Partners, an independent real estate management company based in Dallas, Texas.  Banner Oak was launched from its predecessor firm, Hunt Realty Investments, Inc., where Ms. Gibson served as President. Previously, she served as a Senior Vice President of Hunt Realty Investments, and Senior Vice President and Director of Structured Finance at Archon Group, a subsidiary of Goldman Sachs. Before joining Archon, she spent nine years at Travelers Realty Investment Company. She serves as the Chair of the National Association of Real Estate Investment Managers (NAREIM). Ms. Gibson is a Chartered Financial Analyst. Ms. Gibson has been an independent Director of the Company since 2012. She is a member of Pacolet Milliken’s Audit Committee, Finance Committee, and Planning and Investment Committee.

Donald A. Miller

Chairman Of The Finance Committee

Donald A. Miller

Chairman Of The Finance Committee

Mr. Miller is Chief Executive Officer and President of Piedmont Realty Trust, one of the five largest publicly traded office REIT’s in the country. Previously, he was as head of real estate activities at Wells Real Estate Funds, Inc., and head of the U.S. equity real estate operations of Lend Lease. Earlier in his career, he worked in the pension investment management department of Delta Air Lines and was responsible for real estate and international equity investment programs. He currently sits on the Board of Directors of Pacolet Milliken, and the Board of Governors for the National Association of Real Estate Investment Trusts. Mr. Miller is a Chartered Financial Analyst.

John W. Milliken

Chairman Of The Audit Committee

John W. Milliken

Chairman Of The Audit Committee

Mr. Milliken is Chairman of the Board & Chief Executive Officer, Representative & Treasurer and director of Merimil Holdings, LLC. Mr. Milliken also serves on the Board of Directors of Baskahegan Company and Baskahegan Dam Company.

Hon. Stephen G. Milliken

Shareholder Director

Hon. Stephen G. Milliken

Shareholder Director

After 22 years as a judge on the Superior Court of the District of Columbia and 20 years teaching at Harvard Law School’s Trial Advocacy Workshop, Mr. Milliken, is presently Chief Executive of JusticeAid, an organization dedicated to using the arts to promote civil rights. Prior to serving as a judge, Steve was founding partner of Milliken, VanSusteren & Canan. A graduate of Harvard (BA ’73), Antioch (JD ’78) and Georgetown (LLM ’83), Steve began his law career as a Trial Attorney in the Criminal Division of the U. S. Department of Justice under the Attorney General’s Hiring Program for Honor Law Graduates. In additional, Steve has served as a shareholder observer of Milliken & Company, Pacolet Milliken Enterprises, and as a director of family investment funds, as well as a number of nonprofit boards.

William B. Timmerman

Chairman Of The Governance Committee

William B. Timmerman

Chairman Of The Governance Committee

Mr. Timmerman served 15 years as Chief Executive Officer and Chairman of the board of SCANA Corporation, an energy holding company. He previously served as Executive Vice President, Chief Financial Officer and member of the Board of Directors. Mr. Timmerman was Senior Vice President of Carolina Energies Inc. and was an Audit Manager for Arthur Anderson & Co. He served in the U.S. Navy at the NATO War Headquarters for Southern Europe and aboard the USS America in Vietnam. He is a Corporate Director of AEGIS Insurance which provides insurance to energy companies worldwide.

Richard C. Webel

Management Director

Richard C. Webel

Management Director

Mr. Webel has been the president of Pacolet Milliken Enterprises since its founding in 2007. From 1985 to 2007, he was the Managing Director of Innocenti & Webel where his focus was on strategic and land planning for family enterprises and closely held entities. In 1991, he also became president of Madison Ventures, a real estate investment and development firm. His clients include the Hobe Sound Company, the Augusta National Golf Club, BMW North America, JPMorgan Private Bank, Rockresorts, Rockefeller Center, Fluor Daniel, U.S. Trust Company, Milliken & Co., the U.S. Department of State, and the Duke Charitable Trust. He has served on the boards of Old Westbury Gardens, North Shore University Hospital, Roslyn Bancorp (NYSE), and Keep America Beautiful. He currently serves on the Board of Directors National Medal of Honor Museum.