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 currently serves as Chief Executive Officer, President and W. P. Carey Board Member. Previously, Mr. Fox was President from 2015 to 2017, Head of Global Investments from 2015 to 2016 and Co-Head of Global Investments from 2012 to 2015. During his tenure, Mr. Fox oversaw more than $10 billion of acquisitions. He also has 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. He is a magna cum laude graduate of the University of Notre Dame, where he earned a B.S. in Civil Engineering and Environmental Science. He also serves 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.
Mr. Fox received his M.B.A. from Harvard Business School. 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.
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 activity across all property types on behalf of W. P. Carey and its Managed Programs. 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.
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 currently serves on the Board of Directors of The Hinckley Company.
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, where he serves as Non-Executive Chair of the Board as well as Chair of the Investment Committee and as a member of the Nominating and Corporate Governance Committee. Mr. Niehaus is a Managing Partner at BentallGreenOak, an independent, partner-owned real estate principal investing and advisory firm, where he is responsible for its U.S. business and serves as a member of its Global Investment Committees.
Previously, Mr. Niehaus spent 28 years at Morgan Stanley, where he played a pivotal role in building and managing one of the world's leading global real estate banking, lending, and investing businesses. He was named Head of Global Real Estate Investment Banking in 1994 and Vice Chairman of Morgan Stanley Real Estate from 2006 to 2010. He also served as an Investment Committee Member for the Morgan Stanley Real Estate and Special Situations Fund from 1994 to 2010.
Mr. Niehaus is a trustee of the International Council of Shopping Centers. He serves on the Executive Board of the President's Leadership Council of Dartmouth College and is Chair of the Board of Student Sponsor Partners, a charitable organization that provides scholarships and mentoring to 1,200 at-risk, inner-city New York City high school students. He has previously served on the boards of private equity real estate companies in the U.S., Europe and Asia.
Jason E. Fox
Jason E. Fox currently serves as Chief Executive Officer, President and W. P. Carey Board Member. Previously, Mr. Fox was President from 2015 to 2017, Head of Global Investments from 2015 to 2016 and Co-Head of Global Investments from 2012 to 2015. During his tenure, Mr. Fox oversaw more than $10 billion of acquisitions. He also has 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. He is a magna cum laude graduate of the University of Notre Dame, where he earned a B.S. in Civil Engineering and Environmental Science. He also serves 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.
Mr. Fox received his M.B.A. from Harvard Business School. 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.
Peter J. Farrell
Peter J. Farrell was elected to W. P. Carey’s of Directors in 2016. Mr. Farrell serves as Chair of the Compensation Committee and as a member of the Audit Committee and the Investment Committee. He is a Managing Partner and Co-founder of City Interests Development Partners and PADC Realty Investors LLC (PADC), both Washington, D.C. real estate development and investment companies. Prior to founding PADC, Mr. Farrell was President and Chief Operating Officer of Medical Office Properties Inc., a REIT focused on healthcare related real estate assets.
Before joining Medical Office Properties, Mr. Farrell served in various positions at Legg Mason Wood Walker. Prior to joining Legg Mason, Mr. Farrell spent 13 years in commercial real estate leasing and sales at Shannon and Luchs Company and Cassidy and Pinkard Inc. in Washington, D.C.
During 2004 and 2005, Mr. Farrell served as a Director of CRT Properties Inc. and was a member of the Investment, Compensation and Governance Committees. The NYSE-listed REIT was sold and merged into DRA Advisors in 2005. A graduate of Georgetown University, Mr. Farrell serves on boards of several educational institutions and philanthropic organizations.
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 Executive Chair of Clark Enterprises Inc., a private investment firm with a diversified portfolio of holdings including real estate and private equity. Previously, he served as the Chief Executive Officer, President, and Executive Vice President at Clark Enterprises, where he oversaw the firm's investment portfolio as managing director of CNF Investments. Mr. Flanagan serves on the Boards of Directors of Brown Advisory, Svelte Medical Systems, and Vascular Therapies. He is also a member of the Board of Advisors of Georgetown University's McDonough School of Business. He is a board member of the A. James & Alice B. Clark Foundation, which invests in engineering education and veteran support in the Washington, D.C. community, and oversees the effort in vetting organizations that provide substantive services to U.S. military veterans and their families.
Mr. Flanagan previously served as Chair and member of the Board of Directors of Washington, D.C.’s Federal City Council, member of the Board of Directors of two publicly traded companies, Martek Biosciences Corporation and Sagent Pharmaceuticals, member of the Board of Directors of three private companies, Clark Equity Investors, Inc., Development Insurance Group, Inc., and Verax Biomedical, and Treasurer and member of the Board of Directors of Baltimore Orioles, Inc.
Mr. Flanagan received a BS 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 currently serves on the Board of Directors of Flower Foods, Inc. Previously, Ms. Lewis served as Chair, Deputy Chair, and Class C Director of the Federal Reserve Bank of Richmond. She formerly served as a member of the Board of Directors of the Science Museum of Virginia, Virginia Hospital and Healthcare Association, and Smithfield Foods, Inc. In addition, she has previous corporate board experience as well as an extensive background as a senior healthcare executive, having served as President of the Hospital Corporation of America’s (HCA) Capital Division from 2004 to 2013. Ms. Lewis also was Chief Executive Officer of CJW Medical Center, which managed the operations of Chippenham and Johnston-Willis hospitals in the Richmond area.
Ms. Lewis holds an Associate Degree in Nursing from John Tyler Community College, a Bachelor of Science in Nursing from the Medical College of Virginia and an MBA from Averett University. In addition, she is certified as a Fellow of the American College of Healthcare Executives (FACHE).
Mark A. Alexander
Mark A. Alexander was elected to the W. P. Carey’s Board of Directors in 2016 and serves as a member of the Audit Committee and the Compensation Committee. He previously served as the Chair of the Audit Committee from June 2016 until September 2024. Mr. Alexander is a Managing Member of Landmark Property Group, LLC ("LPG"), a private equity and real estate management company. He currently serves on the Board of Directors of Builder FirstSource, Inc., a NYSE-listed supplier of structural building products.
Prior to founding LPG in 2009, Mr. Alexander served as Chief Executive Officer, President and Director of Suburban Propane Partners, L.P. (NYSE), a distributor of propane gas to approximately 1.1 million residential, commercial, industrial and agricultural customers in 41 states. Mr. Alexander also served as Senior Vice President of Corporate Development at Hanson Industries, Inc., the U.S. arm of Hanson PLC, 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 (NYSE) 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. He is the Chief Operating Officer for the Strategy & Technology Group and a member of the Executive Leadership Team at Aon plc, a global professional services firm providing a broad range of risk, health and wealth solutions.
Mr. Beier brings two decades of international business experience in enterprise risk management, data analytics and operations, as well as legal experience. In addition to his current role, he has held a number of positions at Aon plc, including Chief Data Officer, Global Head of Business Development for Aon Data & Analytic Services, Chief Operating Officer and Chief Financial Officer for Aon INPOINT, and Chief Executive Officer of Aon's Centre for Innovation & Analytics, Dublin.
Mr. Beier holds a doctorate in legal studies from Heidelberg University. He currently serves as a board member of the Aon Singapore Centre for Innovation, Strategy and Management PTE Ltd., Aon Norway AS, Oslo, 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, she has served as Executive Vice President, Chief Administrative Officer, General Counsel, and Secretary of BorgWarner Inc., an automotive supplier. Previously, also at BorgWarner Inc., Ms. Calaway served as Executive Vice President and Chief Human Resources Officer, where she managed all aspects of human resources for employees around the globe, including compensation and benefits, talent management, labor, employment and related management issues. Ms. Calaway is currently a member of the Board of Directors of Air Products and Chemicals, Inc., an industrial gas supplier.
Before joining BorgWarner, Ms. Calaway held various positions during her 18-year career at Harley-Davidson, Inc., a motorcycle manufacturer, in Milwaukee, Wisconsin. Most recently, she served as Vice President of Human Resources, where she guided company-wide leadership development, compensation and benefits, labor relations and diversity initiatives, 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 is a graduate of the University of Wisconsin - Milwaukee and received her Juris Doctorate 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. Since 2012, Ms. Gass has served as Chief Information Officer at Stanley Black & Decker, driving a strategic agenda that will equip the company’s businesses with the digital, data and collaboration capabilities required to win and grow in the global marketplace. Ms. Gass also oversees the company’s cybersecurity and digital risk management strategy and initiatives.
Prior to Stanley Black & Decker, Rhonda was a Vice President at Dell, where she served for over a decade in positions of increasing scope and responsibility. This includes as a General Manager for a product line as well as positions leading multiple areas in the IT function. Before Dell, Rhonda was with NCR Corporation, where she began as a software engineer and progressed to executive leadership roles.
Rhonda is on the Board of Directors for Flowers Foods, where she serves on both the Finance and Audit committees. Rhonda holds a bachelor’s degree in computer science and an MBA 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 Nominating and Corporate Governance Committee and Investment Committee.
Ms. Stheeman is the Chair of FTSE 250 listed Edinburgh Investment Trust plc, an External Member of the Audit and Risk Committee of the Asian Infrastructure Investment Bank and an Independent, Non-Executive Member of Deloitte’s North & South Europe Board and the Deloitte UK Oversight Board, as well as its Audit Governance Board. In addition, she was appointed to the Board of M&G plc and Member of the Audit and the Risk Committees in 2024.
With extensive expertise in financial services, real estate and healthcare across the UK, Germany, and France, she brings a wealth of experience to her roles. Previously, Ms. Stheeman served as an External Member of the Bank of England’s Financial Policy Committee and Financial Market Infrastructure Board. She also served on the Supervisory Board of alstria office REIT-AG and served in various roles at Morgan Stanley for over 20 years.
Ms. Stheeman is a member of the Council and Finance and Estates Committee of the London School of Economics and a member of Council of the German-British Chamber of Commerce. She holds a B.A. in Business Administration from The Hamburg School of Business and a Diploma in Business Studies from the London School of Economics.