Christopher A. Kollme to Join Piedmont Office Realty Trust Inc.'s Executive Team
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Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 8.4%
EPS Growth %: +100.0%
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Atlanta, May 31, 2017 - Piedmont Office Realty Trust, Inc. (NYSE: PDM) announced today that Christopher A. Kollme, former Managing Director & Head of Real Estate Investment Banking for SunTrust Robinson Humphrey, will join the Company's executive team as Executive Vice President - Finance and Strategy beginning June 1, 2017.
"We have known and worked with Chris for many years and are very excited to have him join the Piedmont team," said Donald A. Miller, CFA, Chief Executive Officer. "Chris has had an extensive career in the real estate industry and his financial network and experience are a perfect fit for us at this point in the real estate cycle as we continue to execute our strategy and deliver for our shareholders."
At SunTrust, Mr. Kollme managed the origination of advisory and capital raising transactions on behalf of the bank's public and private real estate clients. Mr. Kollme's approximately 20-year career has also included tenures with Morgan Keegan & Company, Inc.'s Real Estate Investment Banking group as Managing Director & Group Head and Duke Realty as Vice President of Acquisitions.
About Piedmont:
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, and operator of high-quality, Class A office properties in select submarkets located primarily within eight major U.S. office markets. Its geographically-diversified, over $5 billion portfolio is comprised of approximately 20 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its major markets and is investment-grade rated by Standard & Poor's (BBB) and Moody's (Baa2). For more information, see www.piedmontreit.com.
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Contact:
Kerry Hughes
+1 770 418 8678
[email protected]
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Piedmont Office Realty Trust, Inc. via Globenewswire
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