This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

COPT Announces Changes To Board Of Trustees

Corporate Office Properties Trust (COPT or the Company) (NYSE: OFC) announced that Jay H. Shidler and Clay W. Hamlin, III will step down from their respective positions as Chairman and Vice Chairman of the Company’s Board of Trustees, effective at the Company’s upcoming annual meeting of shareholders on May 9, 2013. Both are nominated for re-election at the meeting and if elected will remain on the Board as trustees. Thomas F. Brady, who has served on the Company’s Board since January 2002 and is also nominated for re-election, has been appointed Chairman of the Board, also effective May 9, 2013.

"It has been an honor to serve as Chairman of Corporate Office Properties Trust since 1997," stated Jay H. Shidler, Chairman of the Board of Trustees for Corporate Office Properties Trust. "Tom’s extensive career in key financial and strategic executive positions at a substantial public company qualifies him to lead our Board and assess our strategic initiatives,” he stated.

Mr. Brady was Chairman of the Board of Directors of Baltimore Gas & Electric Company (‘‘BGE’’) and Executive Vice President - Corporate Strategy at Constellation Energy Group (‘‘CEG’’) (formerly NYSE: CEG, now a subsidiary of Exelon Corporation, NYSE: EXC). During his career at CEG/BGE, Mr. Brady held a series of senior executive positions providing experience in strategy, mergers and acquisitions, entrepreneurial start-up businesses, managing local utility operations and chief accounting officer responsibilities. Prior to its acquisition by Exelon, CEG was a Fortune 200 company owning energy related businesses, including BGE. BGE is the largest electric and gas utility in Maryland. He continued to serve on the Board of Directors of BGE through 2012. Mr. Brady is Chairman of the Opower Advisory Board, a global leader in providing energy information software to the utility industry. Mr. Brady is also on the Board of Directors of ENBALA Power Networks Ltd., a smart grid technology company providing innovative grid balancing services to utilities and electric system operators. Both Opower and ENBALA are privately-owned clean technology companies. Mr. Brady is also a Trustee and Treasurer of the Board of Stevenson University.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,928.20 -142.20 -0.79%
S&P 500 2,089.46 -25.03 -1.18%
NASDAQ 4,939.3270 -77.6020 -1.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs