– USA, AZ – STORE Capital Corporation (NYSE: STOR), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced the appointment of Katy Rice to its Board of Directors and on the Audit Committee.
“Katy has extensive real estate, leadership, strategy, operations and capital markets experience gained over a 30-year career at a public net-lease REIT, a public real estate finance company, and as an investment banker with top Wall Street firms,” said CEO, Christopher Volk. “We enthusiastically welcome Katy to our Board and look forward to drawing upon her broad experience as we continue STORE’s growth and portfolio expansion for the benefit of our shareholders.”
About Katy Rice
Ms. Rice has over 30 years of experience in the real estate capital and investment markets and the management and operation of public and private real estate companies. Most recently, Ms. Rice was a Senior Managing Director and CFO of W.P. Carey, one of the largest public global net-lease REITs. While at W.P. Carey, Ms. Rice completed a comprehensive reorganization of the finance, accounting, and IT functions as well as the development of the investor relations and capital markets areas to facilitate the company’s growth plan. She was responsible for financial strategy, public capital-raising initiatives, and company-wide strategic evaluation, and was also a member of the operating and investment committees.
Earlier, Ms. Rice was a partner at Parmenter Realty Partners, a private real estate investment firm focused on distressed and value-add properties in the southern regions of the U.S. Her responsibilities included both capital raising and investing for the firm’s fourth fund. Before that, Ms. Rice was the CFO of iStar Financial, a publicly traded finance company focused on the commercial real estate industry, where she was responsible for financial strategy and capital-raising initiatives, financial reporting, and investor relations.
Ms. Rice spent the first 16 years of her career as a professional in the real estate investment banking groups of Merrill Lynch, Lehman Brothers, and Banc of America Securities. During her career as an investment banker, she was involved in numerous capital-raising and strategic advisory transactions, including REIT IPOs, public and private debt and equity offerings, mergers and acquisitions, leveraged buyouts, and asset and corporate acquisitions and dispositions.
Ms. Rice received a B.A. degree from the University of Colorado and an M.B.A. from Columbia University.
About STORE Capital
STORE Capital Corporation is an internally managed net-lease real estate investment trust or REIT, that is the leader in the acquisition, investment, and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name. STORE Capital is one of the largest and fastest-growing net-lease REITs and owns a large, well-diversified portfolio that consists of investments in over 1,800 property locations, substantially all of which are profit centers, in 48 states.
For more information: http://www.storecapital.com
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