MD | 58-2328421 | |
(State or other jurisdiction of | (IRS Employer | |
incorporation) | Identification No.) |
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
On October 14, 2008, the board of directors of Piedmont Office Realty Trust, Inc. (the "Registrant") appointed Jeffrey L. Swope, 58, to serve as a director of the Registrant.
Mr. Swope was responsible for the acquisition, financing, leasing and asset management of over 50 million square feet of office, industrial, and retail space with an aggregate value exceeding $3.0 billion during his 35 year career in the commercial real estate industry. He began his career at Trammell Crow Company in 1973 and became a partner in the firm in 1977. In 1980, he was one of the co-founders of Centre Development Co., Inc., and served as Partner in charge of industrial and land development. In 1991, Mr. Swope formed Champion Partners Ltd. where, as Chief Executive Officer, he lead the growth of the firm to its status as a nationwide developer and investor of office, industrial and retail properties. His professional accomplishments have included being the Founding Chair man of the Real Estate Council, President of the North Texas Chapter of the National Association of Industrial and Office Properties, Founding Chairman of the Real Estate and Finance Center at the University of Texas at Austin, and Trustee of the Urban Land Institute. Mr. Swope has been recognized as a Hall of Fame Member of the Dallas Board of Realtors. He also serves on the University of Texas at Austin Business School Advisory Board and as a Trustee of the Business School Foundation at the University. Mr. Swope graduated with both a Bachelors and a Masters degree in Business Administration from the University of Texas.
Mr. Swope is expected to serve on the Capital and Compensation Committees of the Board. Mr. Swope's compensation as a director will be provided on the same basis as that provided to the Registrant's other non-employee directors, as further described in the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2007.
Piedmont Office Realty Trust, Inc. | ||||||||
Date: October 15, 2008 | By: | /s/ Robert E. Bowers | ||||||
Robert E. Bowers | ||||||||
Chief Financial Officer and Executive Vice President | ||||||||