Board of Directors and Committees

Trustees

Timothy R. Banks, Trustee

Trustee/Director Since: 2000
Committee Membership: Compensation (chair)

Mr. Banks is the President and CEO of the APM Group of Companies, a position he has held since December 1980. APM is one of Atlantic Canada’s largest construction and design-build companies. Mr. Banks is a certified engineering technologist with over 30 years of experience in the construction, development and management of retail, industrial, and residential real estate throughout Atlantic Canada

Philip D. Fraser, President and Chief Executive Officer, Trustee

Trustee/Director Since: 2000
Non-Independent Trustee

Mr. Fraser is President and Chief Executive Officer of Killam Apartment REIT. He has held this position since the inception of Killam Properties Inc. in May 2000. Mr. Fraser has worked in the real estate industry for 29 years. Mr. Fraser holds a Bachelor of Commerce and Masters of Urban and Rural Planning from Dalhousie University and a Masters of Business Administration from St. Mary’s University. Mr. Fraser is a member of the Board of Governors of St. Mary’s University and also sits on the Board’s executive committee, advancement committee and honorary degree committee.

Robert G. Kay, Chairman of the Board and Trustee

Trustee/Director Since: 2002
Committee Membership: Audit

Mr. Kay was appointed Chairman of the Board of Directors of Killam Properties on November 29, 2013. Mr. Kay is Chairman and founder of Springwall Group International and of Springwall Sleep Products Inc., one of Canada’s largest mattress manufacturers. Mr. Kay is an entrepreneur who has successfully built various businesses, including the development and management of multi-family real estate properties. Mr. Kay has served on various trade association boards and holds a Business Administration degree from Mount Allison University.

Aldéa Landry, Trustee

Trustee/Director Since: 2017
Committee Membership: Corporate Governance, Nomination and Succession

Ms. Landry is a lawyer, business executive and corporate director with significant legal, government and corporate governance experience. She practiced law with the New Brunswick Department of Justice prior to co-founding the firm of Tremblay, Landry, Landry. She later served as a Cabinet Minister and Deputy Premier of New Brunswick in the Government of Frank McKenna. She is currently President of Landal Inc., a consulting firm offering integrated services in organizational and business development and international cooperation, and Vice-President of Diversis Inc., a consulting firm specializing in immigration and diversity. She has served on the boards of numerous high-profile private and public sector organizations. Ms. Landry holds a Bachelor of Arts degree from the Université de Moncton and a Bachelor of Laws from the University of New Brunswick. She was appointed Queen’s Counsel in 1987 and to the Privy Council of Canada in 2005, and was awarded the Order of Canada in 2006. In 2013, Ms. Laundry was inducted into the New Brunswick Business Hall of Fame.

James G. Lawley, Trustee

Trustee/Director Since: 2000
Committee Membership: Corporate Governance, Nomination and Succession

Mr. Lawley is the General Manager of Scotia Fuels Ltd., a residential fuel oil supplier based in Halifax, Nova Scotia, where he has worked since 1982. Mr. Lawley has been involved in real estate for over 28 years, with experience in both the development and ownership of residential, commercial, hotel and self storage properties. Mr. Lawley holds a Bachelor of Commerce (Hon) from Dalhousie University. Mr. Lawley is on the Board of the Atlantic Salmon Conservation Foundation, the Board of Directors of the Atlantic Salmon Federation and the Board of Governors of Armbrae Academy. Mr. Lawley is a Director of Renewable Energy Services Limited, a private renewable energy company focused on wind resources

Arthur G. Lloyd, Trustee

Trustee/Director Since: 2000
Committee Membership: Corporate Governance, Nomination and Succession

Mr. Lloyd is President, Office, North America, for Ivanhoé Cambridge and in this capacity is responsible for all strategic and operating decisions related to the Canadian and U.S. office portfolio, including acquisitions and dispositions, developments, asset management, leasing and capital expenditures. Prior to joining Ivanhoé Cambridge in September 2010, Mr. Lloyd was the President of Adam Capital Inc., a private venture capital company. From January 2003 to January 2004, Mr. Lloyd was President and Chief Operating Officer of TGS North American Real Estate Investment Trust. Mr. Lloyd has also held senior management roles at TrizecHahn Office Properties Ltd. Mr. Lloyd was previously Chairman of Renewable Energy Services Limited, a private renewable energy company. Mr. Lloyd holds a Bachelor of Arts (Hon) from St. Mary’s University.

Karine MacIndoe, Trustee

Trustee/Director Since: 2014
Committee Membership: Audit, Compensation

Karine MacIndoe has over 20 years of professional experience, mostly in real estate and capital markets, and 5 years of public board experience. She is currently on the boards of DREAM Office REIT (TSX: D.un; Mkt Cap $1.5Bn), DREAM Hard Asset Alternatives (TSX: DRA.un; Mktp Cap $0.5Bn), and Killam Apartment REIT (TSX: KMP.un; Mkt Cap $1.4Bn), and has recently joined the board of the Fred Victor charitable organization. Sub-committee responsibilities include Chairing Audit at DREAM Alternatives and DREAM Office, Chairing Compensation at Killam, and being on the audit committee at Killam and compensation committees at DREAM. Until 2013 Ms. MacIndoe was a Managing Director and Senior Equity Research Analyst at BMO Capital Markets covering Real Estate & REITs across all property types (retail, office, industrial, multi-residential, seniors housing and hotels). During her >10 year career at BMO she was consistently ranked as a top-ranked analyst in the Brendan Wood Canadian Equity Research Survey; both for the quality of her research and strength of client relationships. Prior work experience also includes M&A Advisory at NM Rothschild & Sons, and management of sales planning at Canadian Airlines International. Ms. MacIndoe has a MBA from the Richard Ivey School of Business (graduated an Ivey Scholar) and a Bachelor of Commerce from the University of Calgary (graduated Honor Society).

Robert Richardson, FCPA, FCA, Executive Vice-President

Trustee/Director Since: 2000
Non-Independent Trustee

Mr. Richardson is Executive Vice President of Killam Apartment REIT. Mr. Richardson has held the position of EVP since Killam's inception in 2000, and prior to April 2017 Mr. Richardson also held the role of Chief Financial Officer. He is also President of Compass Commercial Realty, a commercial real estate management company based in Halifax. Mr. Richardson has worked in real estate for 30 years. Mr. Richardson holds a Bachelor of Commerce from Dalhousie University and is a Chartered Professional Accountant. In 2006, Mr. Richardson was awarded the Fellow Chartered Accountant designation by the Institute of Chartered Accountants of Nova Scotia. Currently, Mr. Richardson is on the Board of Governors of Dalhousie University and in the past he has been Chair of the Board of Directors for the YMCA of Greater Halifax/Dartmouth and the Chair for the Board of Directors for the IWK Health Centre.

Manfred J. Walt, CPA, CA (S.A.), Trustee

Trustee/Director Since: 2007
Committee Membership: Corporate Governance, Nomination & Succession (chair)

Mr. Walt is President and Chief Executive Officer of Walt & Co. Inc., a private investment and management company that, since May of 2002, provides various consulting services to entities owned by or associated with the Reichmann family and other third parties. Mr. Walt holds a Bachelor of Commerce and a Certificate in the Theory of Accountancy from the University of Cape Town and is a Chartered Accountant.

G. Wayne Watson, CPA, CA, Trustee

Trustee/Director Since: 2000
Committee Membership: Audit (chair), Compensation

Mr. Watson is a Corporate Director and Chair of the Audit Committee. Mr. Watson has extensive experience in finance and accounting. He has worked in senior financial roles in the past, including holding the position of Vice President of Finance for CanJam Trading Limited from 2002 to 2007 and Chief Financial Officer and Vice President, Finance, for Fortis Inc., a diversified international distribution utility company with real estate investments, for the period of 1992 to 2000. Mr. Watson is a Chartered Professional Accountant.

Contact

Investor inquiries should be directed to:

Nancy Alexander, CA, CPA
Senior Director, Investor Relations & Performance Analytics
3700 Kempt Road, Suite 100
Halifax, Nova Scotia, 
B3K 4X8
Phone: 902-442-0374
nalexander@killamreit.com