Hazen, joining Hines in 1989, has participated in office andretail property investments in the US and abroad totaling $9billion. He also is a senior vice president of Hines and presidentof its US Core Office Fund, a $5.4-billion fund geared towardcore-quality office assets. Hazen replaces Baughn as CEO.

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Baughn, who joined Hines in 1984, is executive vice presidentand CEO of the capital markets group of Hines Interests LP. Thepartnership raises, places and manages equity and debt for Hines'projects. [IMGCAP(2)]During his tenure with Hines, Baughn hascontributed to the development or redevelopment of more than ninemillion sf of office and special-use facilities in the SouthwestUS.

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Murphy is CEO of Houston-based Amegy Bank of Texas. He joinedAmegy in 1990 as an executive vice president. Amegy has more than$11 billion in assets, employs close to 1,900 and has more than 85banking centers in the Houston, Dallas and San Antonio metropolitanareas.

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