Hannon Armstrong Elects Steve Osgood to Board of Directors
ANNAPOLIS, Md., Jan. 13, 2015 /PRNewswire/ -- Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," or the "Company;"NYSE: HASI), a clean energy investor, today announced the appointment of Steven G. Osgood as an independent member to its Board of Directors. Mr. Osgood was also appointed to the Board's Audit Committee. With the addition of Mr. Osgood, the Board of Directors now consists of six members, five of whom are independent members.
"Steve Osgood brings to our Board experience in high growth, alternative REITs and deepens our public company experience base," said Jeffrey Eckel, Chairman, President & CEO of Hannon Armstrong. "His experience in a high growth environment will be of great assistance to the Board as we continue to execute on our growth plan."
Osgood has extensive experience in the real estate investment trust ("REIT") industry having served as CFO of DuPont Fabros, a REIT that owns, operates and develops data center properties, as well as Global Signal, a REIT that owned, leased, or managed approximately 11,000 towers and other wireless sites prior to its acquisition by Crown Castle International Corp. He has served as the CEO of Square Foot Companies, LLC a private real estate company focused on self-storage and single-tenant properties since 2008.
Mr. Osgood graduated from Miami University with a Bachelor of Science degree in 1978 and graduated from the University of San Diego with a Masters in Business Administration in 1987 and has passed the Certified Public Accountant exam.
As a result of the addition of Mr. Osgood, several changes were made to the Board Committees and the new composition of the Company's Board committees is listed below.
Audit Committee
Richard Osborne (Chair)
Charles O'Neil
Steven Osgood
Compensation Committee
Mark Cirilli (Chair)
Charles O'Neil
Jackalyne Pfannenstiel
Nominating and Corporate Governance Committee
Jackalyne Pfannenstiel (Chair)
Mark Cirilli
About Hannon Armstrong
Hannon Armstrong (NYSE: HASI) makes debt and equity investments in clean energy projects. The Company focuses on profitable projects that increase energy efficiency, provide cleaner energy, positively impact the environment or make more efficient use of natural resources. Hannon Armstrong targets projects that have high credit quality obligors, contracted revenue streams and inherent economic value. The Company, based in Annapolis, MD, elected and qualified to be taxed as a real estate investment trust (REIT) for federal income-tax purposes beginning with its taxable year ended Dec. 31, 2013.
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SOURCE Hannon Armstrong Sustainable Infrastructure Capital, Inc.
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