Hugh Frater - VEREIT Insider

VER -- USA Stock  

USD 7.56  0.10  1.31%

  Chairman
Mr. Hugh R. Frater is NonExecutive Independent Chairman of the Board of the Company. Mr. Frater previously served on the Boards Audit Committee and Nominating and Corporationrationrate Governance Committee from April 2015 to September 2015. From April 2014 until his retirement in December 2015, Mr. Frater served as Chairman of Berkadia Commercial Mortgage LLC, an industryleading commercial real estate company that is owned 50 percent by Berkshire Hathaway Inc. and 50 percent by Leucadia National Corporationrationration, which provides comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Mr. Frater formerly served as Berkadias Chief Executive Officer from August 2010 until April 2014. From November 2007 until June 2010, Mr. Frater was the Chief Operating Officer at Good Energies, Inc. and from February 2004 until May 2007, Mr. Frater was Executive Vice President at PNC Financial Services, where he led the real estate division. From August 1988 until February 2004, he was a Founding Partner and Managing Director of BlackRock, Inc., the largest global investment manager, where he also led the real estate practice. Mr. Frater has served on the Board of Directors of the Federal National Mortgage Association since January 2016, serving on the risk and audit committees. He has also served on the Real Estate Advisory Board at the Columbia University Graduate School of Business since 2004 and on its Board of Overseers since 2015
Age: 61  Chairman Since 2015  MBA    
602-778-6000  http://www.vereit.com
Frater has a MBA from the Columbia University Graduate School of Business and has a Bachelor?s Degree from Dartmouth College.

Hugh Frater Latest Insider Activity

Management Efficiency

The company has Return on Asset of 1.67 % which means that on every $100 spent on asset it made $1.67 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (0.44) % meaning that it generated no profit with money invested by stockholders.
The company has 6.04 B in debt with debt to equity (D/E) ratio of 79.0 . This implies that the company may be unable to create cash to meet all of its financial commitments. VEREIT has Current Ratio of 1.21 demonstrating that it may not have the ability to pay its financial commitments when the payables are due.

Similar Executives

Entity Summary

VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. Additional information about VEREIT can be found on its website at www.VEREIT.com and through social media platforms such as Twitter and LinkedIn. VEREIT operates under REIT - Diversified classification in USA and traded on New York Stock Exchange. It employs 330 people.VEREIT (VER) is traded on New York Stock Exchange in USA. It is located in 2325 East Camelback Road and employs 330 people.

VEREIT Leadership Team

Julie Richardson, Independent Director
Glenn Rufrano, CEO and Director
Mary Preusse, Independent Director
David Henry, Independent Director
Thomas Roberts, Chief Investment Officer and Executive VP
Hugh Frater, Independent Non-Executive Chairman of the Board
Michael Bartolotta, CFO, Executive Vice President Treasurer
Gavin Brandon, Chief Accounting Officer and Sr. VP
Richard Lieb, Independent Director
Mark Ordan, Independent Director
Paul McDowell, President - Office & Industrial Group
William Miller, Executive Vice President - Investment Management; President and CEO of Cole Capital
Bruce Frank, Independent Director
Eugene Pinover, Independent Director
Lauren Goldberg, Executive Vice President General Counsel, Secretary

Stock Performance Indicators

Current Sentiment - VER

VEREIT Investor Sentiment
Greater number of Macroaxis users are at this time bullish on VEREIT. What is your outlook on investing in VEREIT? Are you bullish or bearish?
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