Leadership
We are committed to creating long-term shareholder value and an engaging work environment, while adhering to our core principles of Investing for the Long Run® and Doing Good While Doing Well®.
Management
Jason E. Fox
Jason E. Fox serves as Chief Executive Officer, President and Board Member of W. P. Carey. Previously, Mr. Fox was President (2015-2017), Head of Global Investments (2015-2016), Co-head of Global Investments (2010-2015) and Vice President (2002-2010). During his tenure, Mr. Fox has overseen more than $10 billion of acquisitions. He has also served as Chief Executive Officer of Net Lease Office Properties (NYSE: NLOP) since October 2022 and as a Trustee of Net Lease Office Properties since November 2023.
Before joining W. P. Carey, in 2002, Mr. Fox worked at the Spectrem Group, a consulting and M&A advisory firm in San Francisco. Prior to Spectrem, Mr. Fox spent two years teaching mathematics and physics at The Hotchkiss School in Connecticut.
Mr. Fox received his M.B.A. from Harvard Business School and is a magna cum laude graduate of the University of Notre Dame, where he earned a B.S. in Civil Engineering and Environmental Science. A former captain of the Notre Dame soccer team, Mr. Fox still enjoys playing soccer in his free time and is a board member of the U.S. Soccer Foundation. He also serves as a trustee of the W. P. Carey Foundation and on the Real Estate Advisory Board of Johns Hopkins University’s Carey Business School. He is on the Advisory Board of the Fitzgerald Institute for Real Estate at the University of Notre Dame, a center that focuses on educating and inspiring the next generation of real estate professionals.
Toni Sanzone
Toni Sanzone was appointed Chief Financial Officer in 2017. Ms. Sanzone has helped guide W. P. Carey through its rapid evolution in recent years. She is responsible for overseeing vital financial and risk mitigation functions in the U.S. and Europe, including accounting and financial reporting, information technology, internal audit, tax and treasury. Ms. Sanzone has also served as Chief Financial Officer of Net Lease Office Properties (NYSE: NLOP) since September 2023. Ms. Sanzone also served as Chief Financial Officer of CPA:18 – Global until its merger with and into the Company in August 2022.
Prior to joining W. P. Carey in 2013, Ms. Sanzone served as Corporate Controller at iStar Inc., a publicly traded REIT acquired by Safehold in 2023 (NYSE: SAFE), from 2006 to 2013 and held various accounting and financial reporting roles at Bed Bath and Beyond, Inc. from 2004 to 2006. Ms. Sanzone also occupied various positions in the assurance and advisory services practice of Deloitte LLP from 1998 to 2004. Ms. Sanzone is a Certified Public Accountant licensed in the state of New York and graduated magna cum laude with a B.S. in Accounting from Long Island University, C.W. Post (now LIU Post).
Brooks G. Gordon
Brooks G. Gordon was appointed as Head of Asset Management of W. P. Carey in 2016. In this role, Mr. Gordon oversees domestic and international asset management and development activity across all property types. Mr. Gordon joined W. P. Carey in 2006 and was promoted to Head of Asset Management in 2016, having previously overseen asset management in North America since 2014. He sits on W. P. Carey’s Operating and Investment Committees and co-chairs the ESG Committee, where he oversees sustainability initiatives globally.
Mr. Gordon earned his B.A. in Economics from Johns Hopkins University, with a concentration in finance and management. He also graduated from Groton School in Groton, MA, where he is an active alumnus, and served on the Board of Directors of The Hinckley Company from 2010 to 2024.
Susan C. Hyde
Susan C. Hyde is a Managing Director and serves as Chief Administrative Officer, Chief Ethics Officer and Corporate Secretary. Ms. Hyde joined W. P. Carey in 1990 and was appointed Chief Administrative Officer in 2017, having previously served as Chief Marketing Officer. In her current role, Ms. Hyde oversees various departments, including Investor Relations Operations, Integrated Communications, Human Resources, Legal and Office Management. Ms. Hyde is also responsible for Carey Forward, W. P. Carey’s corporate and employee philanthropic program.
Ms. Hyde graduated from Villanova University, where she received a B.Sc. in Business Administration with a concentration in Marketing and a B.A. in English. She is a member of the Villanova Women’s Professional Network and The Society for Corporate Governance and is an Advisory Director of the W. P. Carey Foundation.
John D. Miller
John D. Miller joined W. P. Carey as Chief Investment Officer in 2004. Mr. Miller is a founder and former President of StarVest Partners, a private equity/venture capital firm, in which he retains a Non-Managing Member interest. He is the former President of Rothschild Ventures Inc., the private investments unit of Rothschild North America, a subsidiary of the worldwide Rothschild Group. He was also Co-Chair of the Rothschild Recovery Fund L.P.
Before joining Rothschild in 1995, Mr. Miller was with two private equity firms, Credit Suisse First Boston's Clipper Group and Starplough Inc., an affiliate of Rosecliff, Inc. Prior to that, Mr. Miller was with The Equitable for 24 years in various investment units. In the early 1990s he was named President and CEO of Equitable Capital Management Corporation, a full-line investment advisory subsidiary with assets in excess of $36 billion. From 1983, Mr. Miller was head of the corporate finance department, where he conceived and implemented the Enhanced Return Program, which became a $4 billion portfolio of direct LBO mezzanine investments and limited partnership interests in dozens of LBO and Venture funds.
Mr. Miller received his undergraduate degree from the University of Utah and his M.B.A. from the University of Santa Clara.
Gino M. Sabatini
Gino M. Sabatini was appointed as Head of Investments and Managing Director of W. P. Carey in 2011. In his role, Mr. Sabatini oversees the sourcing, negotiating and structuring of investments in North America and Europe. Mr. Sabatini joined W. P. Carey in 2000 and previously served as Head of U.S. Net Lease Investments and Managing Director.
Mr. Sabatini is a graduate of the University of Pennsylvania, where he was enrolled in the Management and Technology program. He received a B.Sc. in Mechanical Engineering from the Engineering School, a B.Sc. in Economics from the University of Pennsylvania’s Wharton School and an M.B.A. from Harvard Business School.
John J. Park
John J. Park is a Senior Advisor of W. P. Carey following his role as President from 2018 through September 2024. Prior to his position as President, Mr. Park served as Director of Strategy and Capital Markets.
Mr. Park joined W. P. Carey as an investment analyst in 1987. During his tenure, he spearheaded transactions that have transformed W. P. Carey, including the consolidation and listing of CPA:1–9 as Carey Diversified LLC in 1998, its merger with W. P. Carey & Co. Inc. in 2000, the liquidity transactions of CPA:10, CIP, CPA:12 and CPA:14, W. P. Carey’s merger with CPA:15 and REIT conversion in 2012, W. P. Carey’s merger with CPA:16 in 2014, W. P. Carey’s merger with CPA:17 – Global in October 2018, and W. P. Carey’s merger with CPA:18 – Global in August 2022.
Mr. Park received a B.S. in Chemistry from Massachusetts Institute of Technology and an M.B.A. in Finance from Stern School of Business at New York University. He also serves as a trustee of the W. P. Carey Foundation and of Net Lease Office Properties (NYSE: NLOP).
Board of Directors
Christopher J. Niehaus
Christopher J. Niehaus was elected to W. P. Carey’s Board of Directors in 2016 and serves as Non-Executive Chair, Chair of the Investment Committee and member of the Nominating and Corporate Governance Committee. Mr. Niehaus is Managing Partner and Head of U.S. at BGO, a global real estate investment manager, and serves on various BGO investment committees in the U.S., Asia, Europe and Canada. Mr. Niehaus was Partner and Head of U.S. at GreenOak Real Estate until its merger with Bentall Kennedy in 2019.
Previously, Mr. Niehaus spent over 28 years at Morgan Stanley, where he became Co-head of Global Real Estate Investment Banking in 1994 and Vice Chairman of Investment Banking in 2006. He was Portfolio Manager for the Morgan Stanley Real Estate Fund VI International from 2009 to 2010 and served as the lead director or board member for various investment committees.
Mr. Niehaus graduated summa cum laude from Dartmouth College and earned an M.B.A. from Harvard Business School. He has been a trustee and executive committee member of the International Council of Shopping Centers since 1995 and has been involved with the Urban Land Institute for over 30 years. He is also Vice Chairman of the Board for Student Sponsor Partners, a charitable organization that provides scholarships and mentoring to underserved high school students in New York City.
Jason E. Fox
Jason E. Fox serves as Chief Executive Officer, President and Board Member of W. P. Carey. Previously, Mr. Fox was President (2015-2017), Head of Global Investments (2015-2016), Co-head of Global Investments (2010-2015) and Vice President (2002-2010). During his tenure, Mr. Fox has overseen more than $10 billion of acquisitions. He has also served as Chief Executive Officer of Net Lease Office Properties (NYSE: NLOP) since October 2022 and as a Trustee of Net Lease Office Properties since November 2023.
Before joining W. P. Carey, in 2002, Mr. Fox worked at the Spectrem Group, a consulting and M&A advisory firm in San Francisco. Prior to Spectrem, Mr. Fox spent two years teaching mathematics and physics at The Hotchkiss School in Connecticut.
Mr. Fox received his M.B.A. from Harvard Business School and is a magna cum laude graduate of the University of Notre Dame, where he earned a B.S. in Civil Engineering and Environmental Science. A former captain of the Notre Dame soccer team, Mr. Fox still enjoys playing soccer in his free time and is a board member of the U.S. Soccer Foundation. He also serves as a trustee of the W. P. Carey Foundation and on the Real Estate Advisory Board of Johns Hopkins University’s Carey Business School. He is on the Advisory Board of the Fitzgerald Institute for Real Estate at the University of Notre Dame, a center that focuses on educating and inspiring the next generation of real estate professionals.
Peter J. Farrell
Peter J. Farrell was elected to W. P. Carey’s Board of Directors in 2016, and he currently serves as Chair of the Compensation Committee and as a member of the Audit Committee and the Investment Committee. Mr. Farrell is a Managing Partner and Co-founder of City Interests Development Partners and PADC Realty Investors LLC, both Washington, D.C. real estate development and investment companies.
Prior to founding PADC, Mr. Farrell was President and COO of Medical Office Properties Inc., a REIT focused on healthcare-related real estate assets, from 2000 to 2004, before it was sold to CNL Retirement Properties Inc. in 2004. He previously served as a Vice President at Legg Mason Wood Walker, Inc., Vice President at Legg Mason Real Estate Services, Inc. and Managing Director of Legg Mason Realty Advisors. Mr. Farrell spent 13 years in commercial real estate at Shannon & Luchs Company and Cassidy & Pinkard in Washington, D.C.
A graduate of Georgetown University, Mr. Farrell is active on the boards of several educational institutions and philanthropic organizations. He served as a director for CNL Properties on the Investment, Compensation and Governance Committees from 2004 to 2005.
Robert J. Flanagan
Robert J. Flanagan was elected to W. P. Carey’s Board of Directors in 2018 and serves as Chair of the Audit Committee and a member of the Investment Committee. Mr. Flanagan is the Chair and former CEO & President of Clark Enterprises, Inc., a private investment firm with a diversified portfolio of holdings, including real estate and private equity in Bethesda, Maryland. He previously served as the Managing Director of CNF Investments.
Mr. Flanagan serves as a director of Brown Advisory, Inc., Svelte Medical Systems, Vascular Therapies and Verax BioMedical. He previously served as Chair and director of Washington, D.C.’s Federal City Council. He previously served as a director of Martek Biosciences Corporation (NASDAQ: MATK) and Sagent Pharmaceuticals (NASDAQ: SGNT). Mr. Flanagan is an advisor of Georgetown University’s McDonough School of Business and a trustee of the A. James & Alice B. Clark Foundation. He was Treasurer, Secretary and a member of the board of directors of the Baltimore Orioles, Inc.
Mr. Flanagan received a B.S. in Business Administration from Georgetown University and an MST from the American University School of Business. He is a Certified Public Accountant licensed in Washington, D.C.
Margaret G. Lewis
Margaret G. Lewis was elected to W. P. Carey’s Board of Directors in 2017 and serves as Chair of the Nominating and Corporate Governance Committee and as a member of the Compensation Committee.
Ms. Lewis serves on the board of directors at Flowers Foods, Inc. (NYSE: FLO), where she chairs the Compensation Committee. She previously served as Chairman (2015-2017), Deputy Chairman and Class C Director of the Federal Reserve Bank of Richmond (2013-2019).
In addition to her corporate board experience, Ms. Lewis brings a wealth of healthcare expertise from her tenure at Hospital Corporation of America (NYSE: HCA) as the President of the Capital Division (2004-2013) and CEO of the CJW Medical Center in Richmond, Virginia (2001-2004). She formerly served as a trustee and Chairman for both the Science Museum of Virginia and the Virginia Hospital & Healthcare Association.
Ms. Lewis holds an A.A.S. in Nursing from John Tyler Community College, a B.S. in Nursing from Virginia Commonwealth University and an M.B.A. from Averett University. She is also certified as a Fellow of the American College of Healthcare Executives.
Mark A. Alexander
Mark A. Alexander was elected to W. P. Carey’s Board of Directors in 2016 and serves as a member of the Audit Committee and the Compensation Committee. Mr. Alexander previously served as Chair of the Audit Committee from June 2016 until September 2024. He has served as a Director of Builders FirstSource, Inc. (NYSE: BLDR), a supplier of structural building products, since 2017.
Mr. Alexander is the Chairman and CEO of Landmark Property Group, a property management and real estate redevelopment company. He served as CEO, President and Director of Suburban Propane Partners, L.P. (NYSE: SPH), an energy services company, from 1996 to 2010. Mr. Alexander also served as Senior Vice President of Corporate Development at Hanson Industries, Inc. (now known as Heidelberg Materials UK) in London.
Mr. Alexander is a graduate of the University of Notre Dame and is a Certified Public Accountant. He served on the board of Kaydon Corporation and as a Director of the Business Advisory Council at Notre Dame’s Mendoza College of Business.
Constantin H. Beier
Constantin H. Beier was elected to W. P. Carey’s Board of Directors in 2022 and serves as a member of the Compensation Committee and the Nominating and Corporate Governance Committee. Mr. Beier is the COO of the Strategy & Technology Group and a member of the Executive Leadership Team at Aon plc (NYSE: AON), a global professional services firm.
Mr. Beier brings two decades of international business experience in enterprise risk management, data analytics and operations and legal expertise. In addition to his current role, he has held a number of positions at Aon, including Chief Data Officer (2021-2023), Global Head of Business Development for Data & Analytic Services (2017-2021) and CEO of its Center for Innovation & Analytics in Dublin (2011-2014).
Mr. Beier holds a Dr. jur., Law from Heidelberg University. He currently serves as a board member of Aon Singapore’s Center for Analytics & Innovation, Aon Norway AS and Schule Schloss Salem, Germany’s largest boarding school.
Tonit M. Calaway
Tonit M. Calaway was elected to W. P. Carey’s Board of Directors in 2020 and serves as a member of the Compensation Committee, the Investment Committee and the Nominating and Corporate Governance Committee.
Since October 2020, Ms. Calaway has served as Executive Vice President, Chief Administrative Officer, General Counsel and Secretary of BorgWarner Inc. (NYSE: BWA), an automotive supplier. Previously, also at BorgWarner Inc., Ms. Calaway served as Chief Legal Officer (2018-2020) and Chief Human Resources Officer (2016-2018). Ms. Calaway has been on the board of Air Products and Chemicals, Inc. (NYSE: APD), an industrial gas supplier, since 2022.
Before joining BorgWarner, Ms. Calaway held various positions during her 18-year career at Harley-Davidson, Inc., a motorcycle manufacturer. Most recently, she served as Vice President of Human Resources and as President of The Harley-Davidson Foundation. A securities attorney by training, Ms. Calaway rose through the legal department, serving as Associate General Counsel - Motor Company Operations, Assistant General Counsel, Chief Compliance Counsel and Assistant Secretary. Ms. Calaway previously served as a director of Astronics Corporation (NASDAQ: ATRO), a technology supplier to the aerospace, defense and semiconductors industries.
Ms. Calaway is a graduate of the University of Wisconsin-Milwaukee and received her J.D. from the University of Chicago Law School. She is a member of the State Bar of Wisconsin.
Rhonda O. Gass
Rhonda O. Gass was elected to W. P. Carey’s Board of Directors in March 2024 and serves as a member of the Audit Committee. Ms. Gass has served as the Vice President and Chief Information Officer at Stanley Black & Decker (NYSE: SWK), an industrial tools and household hardware manufacturer, since 2012, overseeing the company’s cybersecurity and digital risk management strategy.
Previously, Ms. Gass held senior leadership roles during her decade-long tenure at Dell, Inc., a subsidiary of Dell Technologies Inc. (NYSE: DELL), including serving as Vice President of Information Technology for five years, managing technology, strategy and information systems governance. Ms. Gass began her career at NCR (NYSE: VYX) as a software engineer and progressed to executive leadership roles.
Ms. Gass is on the board of directors of Flowers Foods, Inc. (NYSE: FLO), a packaged food producer, and serves on the Finance and Audit Committees. She is also a member of the Technology Business Management Council and the HCL Customer Advisory Board.
Ms. Gass holds a B.S. in Computer Science and an M.B.A. from the University of South Carolina, where she graduated magna cum laude.
Elisabeth T. Stheeman
Elisabeth T. Stheeman was elected to W. P. Carey’s Board of Directors in 2022 and serves as a member of the Audit Committee and the Investment Committee. Ms. Stheeman has been the Chair of FTSE 250 listed Edinburgh Investment Trust plc since July 2022, where she has served as a director since 2019 and is also the Chair of the Nominations Committee. Ms. Stheeman has served as a non-executive director at M&G plc (LON: MNG), a FTSE 100 global investment manager, on the Audit and Risk Committees since August 2024. She is a non-executive director at Deloitte for North and South Europe, serving on the UK Oversight Board and Audit Governance Board since May 2024. She has served as an external member of the Audit and Risk Committee of the Asian Infrastructure Investment Bank (AIIB) since 2021.
Previously, Ms. Stheeman served as an external member of the Bank of England’s Financial Policy Committee (2018-2024), Financial Market Infrastructure Board (2017-2023) and Senior Advisor (2015-2018). She served as a Senior Advisor to the Prudential Regulation Authority. Ms. Stheeman has served in various advisory roles at alstria office REIT-AG, Aareal Bank AG, Korian SA and TLG Immobilien AG.
Ms. Stheeman served as the Global Chief Operating Officer and a member of the Global Management Committee for LaSalle Investment Management (2013-2014). She previously worked at Morgan Stanley for 25 years, where she was the COO of the Investment Banking Division: Real Estate and Natural Resources (2011-2012) and the Global COO of Real Estate Investing (2007-2010).
Ms. Stheeman holds a B.A. from The Hamburg School of Business and a Diploma in Business Studies from the London School of Economics. She was a member of the London School of Economics (LSE) Council and various committees from 2011-2023. She is the Vice President of the German-British Chamber of Industry and Commerce Council since November 2016, a Fellow of Chapter Zero since January 2017 and an Ambassador of Women on Boards UK since October 2018.