If you haven’t heard the term Say-on-Pay, you will soon. Clinton, Obama and now McCain are all supporting a Say-on-Pay Senate bill that would require public companies to give shareholders an annual non-binding vote on top officers’ compensation. The candidates have been stumping hard on this issue. A Wall Street Journal story this weekend reported that the Obama campaign recently ran a TV commercial in 14 states that assails chief executives “who are making more in 10 minutes than ordinary workers are making in a year.” Sure, I have commented recently on the excessive severance payments given to failed executives, but I am concerned that the current hype may result in Washington’s intrusion into the realm of corporate boards. Sarbanes-Oxley has done a fine job focusing boards on their oversight responsibilities, including the issue of compensation. Let’s allow the new controls to work, and they will.

Tony LoPinto is CEO of Equinox Partners, an executive search firm specializing in the real estate industry, and parent company of SelectLeaders. The views expressed in this article are the author’s own.
Job Opportunities
FANNIEMAE Senior Business Developer (TALLAHASSEE/JACKSONVILLE, FL) The business developer is responsible for covering urban issues and partners in select markets. This includes monitoring housing issues and trends, responding to specific requests and referring partners to the appropriate resources. PRUDENTIAL Investment Vice President (SAN FRANCISCO) The company seeks a qualified individual to provide general management and direction for a portfolio of West Coast properties. GRUBB & ELLIS Vice President, Senior Portfolio Manager—International Operations (REDMOND, WA) The VP’s responsibilities will include researching business, legal and tax implications of operational models around the world, assisting clients in defining their portfolio strategies and objectives and reviewing and evaluating account performances. SELECTLEADERS Associate/Assistant Vice President, Real Estate Investments (NEW YORK) A global investment management company seeks a qualified individual to work with the acquisitions team to model, analyze, underwrite and help close new real estate investments. FIRST INDUSTRIAL REALTY TRUST INC. Senior Financial Analyst (CHICAGO) The responsibilities of this position include providing analytical, operational and investment-analysis support to the joint venture portfolio management team. SUNRISE SENIOR LIVING INC. Development Transaction Manager (MCLEAN, VA) Reporting to the vice president of development, the manager will provide support to numerous departments and assist in the development of financial models and with pre-construction status tracking. WOODLAND HIRE LLC Vice President, Tax Accounting (NORTHBROOK, IL) The VP will ensure compliance with all tax laws, research potential issues associated with foreclosures, recommend tax savings opportunities and supervise the preparation of corporate federal and state tax returns. BALBOA FINANCIAL Commercial Real Estate Financial Analyst (NEWPORT BEACH, CA) Responsibilities include creating development budgets, pro forma and valuation models and analyzing and gathering market information.
Promotions No more than one submission per company will be considered per week. Submissions with multiple names will be capped at three for coverage in Executive Watch.
WEINGARTEN REALTY INVESTORS (HOUSTON) Twelve-year veteran Alan Houston has risen to vice president, regional leasing director in the southwest. He joined Weingarten in 1996. CROSLAND LLC (CHARLOTTE, NC) Jenny Vallimont will spearhead the company’s sustainable development initiatives as manager of sustainability. She was previously a development manager in the company’s retail division. HENRY S. MILLER COMMERCIAL (HOUSTON) Shawn Ackerman and Tom Ford rise to executive vice president/division leaders. Ackerman has given seven years to the company, while Ford has been with Henry S. Miller for a decade. LIQUID REALTY PARTNERS (SAN FRANCISCO) Brendan MacDonald is promoted to associate director. In this capacity, he will assume a leadership role in executing real estate private equity secondary investments. LIFEAT (NEW YORK) Matthew Goldstein, one of the founding members of LifeAt, has been named chief executive officer. He was previously the company’s COO. WINICK REALTY GROUP (NEW YORK) Joseph Isa has been promoted to senior director of the firm. He joined in 2006 as an associate broker. W.E. O’NEIL CONSTRUCTION CO. (CHICAGO) Michael J. Faron has been named chairman from president, and John A. Russell moves to president from executive vice president. COLDWELL BANKER COMMERCIAL NRT (PHOENIX) The company has promoted Tom Semancik to senior vice president and Nancy Dixon to vice president. CB RICHARD ELLIS (SOUTHFIELD, MI and WASHINGTON, DC) The firm named Philip Sprague to the industrial brokerage team, where he will be responsible for the leasing and sale of industrial properties. Further, senior project manager Christopher D. Brown is now LEED subject matter expert for the Mid-Atlantic project management team. GULLY PHELPS & MCKEY (BATON ROUGE, LA) David A. Trusty has been appointed director of commercial real estate. KEYSTONE PACIFIC PROPERTY MANAGEMENT INC. (IRVINE, CA) Former architectural coordinator Shana Aaberg has been promoted to community association manager for the Shady Canyon neighborhood. EMPYREAN HOLDINGS INC. (SACRAMENTO, CA) The company has raised Joe Landsgaard to senior projects manager for the Las Vegas office. PRUDENTIAL CRES COMMERCIAL REAL ESTATE (SCOTTSDALE, AZ) Art Carll has been named regional vice president after serving as president of the company’s operations in Nevada. GRUBB & ELLIS HEALTHCARE REIT INC. (SANTA ANA, CA) Danny Prosky has risen to executive vice president of acquisitions. He has served as vice president of acquisitions since September 2006. TERRA HOLDINGS LLC (NEW YORK) The company promoted Gerald M. Makowski to executive director of marketing. He has served as director of marketing for the past 14 years.
New Hires No more than one submission per company will be considered per week. Submissions with multiple names will be capped at three for coverage in Executive Watch.
CB RICHARD ELLIS (BOSTON and SADDLE BROOK, NJ) Jonathan Aron has joined the company as senior vice president with the capital markets team, specializing in retail and net-leased properties. He previously worked for NAI Hunneman. In addition, Robert J. DiFalco and Matthew J. Victor have moved from Cushman & Wakefield. DiFalco has been named vice president and Victor will be managing director. GRUBB & ELLIS CO. (SANTA ANA, CA and BOSTON) Amanda Piwonka is named senior vice president, human resources; Thomas Aitken rejoins the company as senior vice president. HDG MANSUR (INDIANAPOLIS, IN) The company has hired Rafel Rak as senior financial analyst with the investment services group. Also joining the company are Andrew Cisna as staff accountant, residential and Vikki Dune as executive assistant. R.W. HOLMES REALTY CO. INC. (WAYLAND, MA) Scott Wyant joins the brokerage group. He previously worked for Sysco and the Massachusetts Executive Office of Housing and Economic Development. RBI RETAIL BROKERS (GREENWOOD VILLAGE, CO) Toby Roth and Gannon Roth have been named senior retail specialist and retail specialist, respectively. Toby joins RBI from Dunton Commercial Real Estate Co. Gannon joined the real estate industry in 2005. LEE & ASSOCIATES (RIVERSIDE, CA) Bruce R. Springer comes on board as senior vice president and shareholder. He joins the company from the industrial services group at Grubb & Ellis. SL GREEN REALTY CORP. (NEW YORK) Ted Grogan joins SL Green’s Reckson division as vice president of leasing. He previously worked for GVA Williams. CONCORD HOSPITALITY ENTERPRISES (RALEIGH-DURHAM, NC) The company named Grant L. Sabroff senior vice president of business development. He previously worked for Boykin Management. LIQUID REALTY PARTNERS (SAN FRANCISCO) Blake Walker is hired as an analyst, responsible for acquiring real estate private-equity, secondary investments. He comes from the acquisition team at Jackson Square Properties. SOUTHEASTERN PARTNERS (SANDY SPRINGS, GA) Ted Tarantino was added to the payroll as a commercial realtor. In this capacity, he will specialize in the purchase and sale of post office and other government-leased properties for investor clients. UGL EQUIS (DALLAS) Dan Polanchyck has come on board as senior vice president. He joins Equis from Henry S. Miller Commercial. SHW GROUP (AUSTIN) Scott Wilcox and Joshua Lee have joined the company’s Austin studio as studio leader and intern architect, respectively. Wilcox makes the move from 3XT Inc., and Lee previously lectured for Clemson University’s School of Architecture. SPERRY VAN NESS (CHICAGO) Wayne Caplan has been hired as director of investment and development services. He comes from Sheldon Good & Co. RANDALL HAGNER COMMERCIAL (WASHINGTON, DC) Glenn M. Sutton has been appointed senior vice president in the commercial services division. He previously served as senior vice president with the Ezra Co. WEICHERT COMMERCIAL BROKERAGE INC. (EDISON, NJ) James Murray has been named a vice president in the company’s Central Jersey office, specializing in the sale and leasing of office space in the area. Over the course of his career, Murray has worked for Buschman Partners and Newmark Knight Frank. ARC/ARCHITECTURAL RESOURCES CAMBRIDGE (CAMBRIDGE, MA) ARC has added Maryellen Rooney and Meredith Cocco to its employee roster as administrative and marketing assistant, respectively. BIXBY LAND CO. (IRVINE, CA) William A. Welch was hired as vice president of marketing and leasing, following a stint as senior vice president and regional manager for Colliers International. DRIER LLP (STAMFORD, CT) Dina Tolia Gupta has joined the firm as counsel in the real estate department after serving as an associate at Paul Hastings Janofsky & Walker LLP. LEGACY PARTNERS RESIDENTIAL (IRVINE, CA) Industry veteran Timothy J. O’Brien comes on board as senior managing director/partner for the Southern California region. He brings 22 years of experience to the role. His most recent post was with Fifield Cos. DEMATTIA GROUP (PLYMOUTH, MI) The firm has added James C. Capo, Steve Farsakian and Chris Montney to its payroll. Capo has been appointed vice president—design/build, Farsakian rejoins the company as senior project manager/senior estimator and Montney is staff architect. JONES LANG LASALLE (DALLAS) Three real estate veterans have joined the company’s offices in Dallas. Hal Hall has been appointed managing director of the capital markets group, Gavin Fite will serve as vice president in the call center practice group and Craig Nedderman has been named vice president of strategic consulting. INSTITUTE OF MANAGEMENT ACCOUNTANTS (COLUMBIA, SC) Edens & Avant vice president John M. Brausch has been elected chair of IMA. ARTHUR J. ROGERS & CO. (ELK GROVE, IL) Former NFL and AFL football player Brian Schmitz has joined the firm as a broker. He worked for the company during summers while attending high school and college before leaving to pursue a career playing with the New York Giants.

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