– USA, CA – PS Business Parks, Inc. (NYSE: PSB) today announced the appointment of its CEO Mac Chandler and Irene Oh to its Board of Directors effective April 20, 2021.
“We are pleased to welcome Mac Chandler and Irene Oh to the PS Business Parks Board of Directors,” said Board Chairman, Ron Havner, Jr. “With Mac’s deep experience in real estate investment and Irene’s extensive financial and banking expertise, they will both bring valuable perspective to our Board. I look forward to their expert advice and counsel as members of our Board of Directors.”
About Mac Chandler
Mr. Chandler has been the Company’s President and CEO since April 5, 2021. Mr. Chandler previously served as EVP and Chief Investment Officer of Regency Centers Corporation (NASDAQ: REG).
About Irene Oh
Ms. Oh has served as EVP and CFO of East West Bancorp, Inc. and East West Bank (NASDAQ: EWBC), a bank holding company that operates over 120 locations in the U.S. and China, since January 2010. She held various leadership roles at East-West since joining in 2004. Before joining East West, Ms. Oh held positions at Deloitte and Goldman Sachs. Ms. Oh serves on the board and the audit committee of the United Way Greater Los Angeles.
Ms. Oh holds a Bachelor of Arts in Art from California State University, Los Angeles, and a Master of Accounting from the University of Southern California and is a certified public accountant.
About PS Business Parks, Inc.
PS Business Parks, Inc., a member of the S&P MidCap 400, is a real estate investment trust that acquires, develops, owns, and operates commercial properties, primarily multi-tenant industrial, flex, and office space. As of March 31, 2021, the Company wholly owned 27.8 million rentable square feet with approximately 5,000 commercial customers in six states. The Company also held a 95.0% interest in a 395-unit apartment complex and a 98.2% interest in the development of a 411-unit multifamily apartment complex.
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