Interview with the President and CEO & the EVP, CIO and CFO: Parkway Properties, Inc. (PKY)

Financial Services >> CEO Interviews >> June 3, 2013

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. Profile

David O’Reilly joined Parkway Properties, Inc., in 2011 as Executive Vice President and Chief Investment Officer, and has additionally served as Chief Financial Officer since 2012. In his current role, his primary responsibilities consist of identifying new investment opportunities for the company and managing the investment strategies for the company’s current portfolio. Prior to joining Parkway Properties, Inc., Mr. O’Reilly was a Partner and Executive Vice President of Banyan Street Capital, where he led the firm’s investment activities. Previously, he served as the Chief Financial Officer and Director of Capital Markets for Eola Capital, starting in August 2009. He also served as Senior Vice President in Barclays Capital’s Real Estate Investment Banking Group and was at Lehman Brothers in the same capacity for seven years. During his tenure in investment banking, Mr. O’Reilly was involved in a broad range of financial advisory and merger and acquisition assignments, including leveraged buyouts, initial public offerings, and single-asset and pooled CMBS transactions. He earned a Bachelor of Science in civil engineering from Tufts University and an MBA from Columbia University. Profile

TWST: If you would, introduce our readers to Parkway Properties with a bit of a company history and an overview of the company today.

Mr. Heistand: Parkway Properties is a self-managed

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Interview with the President and CEO & the EVP, CIO and CFO: Parkway Properties, Inc. (PKY)

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Interview with the President and CEO & the EVP, CIO and CFO: Parkway Properties, Inc. (PKY)

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