James R. Heistand was appointed President and Chief Executive Officer of Parkway Properties, Inc., in December 2011 and served as Executive Chairman of the Company just prior to his current role. He joined Parkway Properties, Inc., through a combination with Eola Capital, which he founded in 2000 and served as Chairman since its inception. Previously, Mr. Heistand served as Chairman of the executive committee of DASCO, an owner and operator of medical office buildings throughout the United States, from 1999 until its sale to CNL Retirement in 2004 for $241 million. In 1989, Mr. Heistand founded and served as Chairman of Associated Capital Properties, Inc., until its sale in 1997 to Highwoods Properties for $622 million. He subsequently served as a Senior Vice President for Highwoods Properties from 1997 to 1999 and as a member of its board of directors from 1998 until 2000. Prior to founding ACP, he served as the President of Major Development Corporation. Mr. Heistand currently serves on the board of directors of United Legacy Bank in Orlando, Florida, and is a member of the chairman’s circle of the real estate advisory board for the Warrington College of Business Administration at the University of Florida.
Interview with the President and CEO & the EVP, CIO and CFO: Parkway Properties, Inc. (PKY)
June 03, 2013