– USA, NY – LXP Industrial Trust (NYSE:LXP), a real estate investment trust focused on single-tenant warehouse/distribution real estate investments, today announced the appointment of Arun Gupta to its Board as an Independent Trustee, effective immediately, bringing the Board to eight trustees.
“We look forward to benefitting from Arun’s insights as we continue to execute on our disciplined growth strategy and evaluate strategic alternatives to maximize shareholder value.” said Chairman and CEO, Wilson Eglin.
“We are pleased to add a leader of Arun’s caliber to our Board of Trustees as part of our ongoing refreshment process,” said Claire Koeneman, Chairperson of the Nominating and Corporate Governance Committee. “We understand the value of having experienced, diverse and independent perspectives in our boardroom and have taken significant steps to ensure the Board reflects an appropriate mix of backgrounds. Arun brings substantial expertise in the technology and cybersecurity sectors as well as decades of experience advising companies through growth and transformative transactions.”
About Arun Gupta
Arun Gupta, who has over two decades of venture capital experience at Columbia Capital and Carlyle Venture Partners, is currently an adjunct Entrepreneurship professor at Georgetown University, entrepreneurship lecturer at Stanford University, and Venture Partner at Columbia Capital. He brings extensive investing, cybersecurity and technology expertise as well as extensive experience working with management teams through scaling and strategic transaction processes.
Arun Gupta is an entrepreneurial executive with experience in US and international venture capital, assessing emerging technologies, scaling high-growth companies, teaching entrepreneurship and coordinating national security and technology policy. Mr. Gupta has served as a Venture Partner of Columbia Capital, a private equity firm focused on Enterprise IT, Mobility and Digital Infrastructure since 2000. Mr. Gupta currently serves as a board member of LMI, a leading national security not-for-profit, and C5 Acquisition Corp., a special acquisition company focused on cybersecurity, space and energy sectors. He is also currently on the board or was previously involved with Columbia portfolio companies including Altamira (Acquired by Clearsky), Daz3D, Millennial Media, Endgame (acquired by Elastic), Riptech (acquired by Symantec Corporation), Softek Storage Holdings (acquired by IBM), Verato, Vubiquity (acquired by Amdocs) and Webs (acquired by Vista print). Additionally, Mr. Gupta served as an Independent Director at 1901 Group, leading cloud and security managed services company (acquired by Leidos). Previously, Mr. Gupta spent time with Carlyle Venture Partners, where he focused on software investments. Earlier, Mr. Gupta held positions in Arthur D. Little’s telecom and technology consulting practice and shared responsibility for establishing ADL’s operation in India.
Mr. Gupta is an Adjunct Professor and Senior Advisor to Provost at Georgetown Business School and an Adjunct Lecturer at Stanford University. Mr. Gupta previously served as a member of the Tech & Cybersecurity Advisory Committee for U.S. Senator Mark Warner.
About LXP Industrial Trust
LXP Industrial Trust is a publicly traded real estate investment trust focused on single-tenant warehouse and distribution investments across the United States. LXP seeks to expand its portfolio through acquisitions, development projects, and build-to-suit and sale/leaseback transactions.
For more information : https://www.lxp.com/
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