July 23, 2015 – Korn Ferry has recruited Mary Ann King as the newest member of the board of directors at UDR, Inc. With the addition of this new independent director, the company’s board will total nine members, eight of which are independent and three are women.
Ms. King is president of Moran & Company, a national brokerage firm specializing in the sale of large multifamily properties and mixed-use properties with significant multifamily components. She co-founded the brokerage business in 1994 with Thomas F. Moran and has been its president since 2002. She is responsible for the firm’s California practice. Ms. King was formerly the VP of acquisitions for Moran & Company’s private equity business.
“We are very pleased to have Mary Ann join our board,” said Jim Klingbeil, chairman of the company’s board of directors. “Mary Ann is an accomplished senior executive with significant expertise in multi-family investment. Given her extensive background in real estate, I am confident that Mary Ann will be an integral member of our board and a vital contributor toward our continued long-term success.”
Korn Ferry’s board practice assists companies in identifying, attracting, developing, and enhancing exceptional top leadership. The firm provides a full range of tailored board services including board search, board assessment, board development, succession, and board effectiveness.
UDR, Inc., an S&P 400 company, is a multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media