Board of Trustees

T. WILSON EGLIN, Chairman, Chief Executive Officer and President

Mr. Eglin serves as Chairman, Chief Executive Officer, President and a Trustee. He has been with LXP since its formation and with its predecessor companies since 1987. Mr. Eglin is an Emeritus Trustee of Connecticut College, where he served as Chair of the Finance Committee from 2018 to 2021, and a Trustee of the Pomfert School. He received his B.A. from Connecticut College, where he formally served as a trustee.

LAWRENCE L. GRAY, Independent Trustee

Mr. Gray has served as an Independent Trustee since December 2015. He is Chief Executive Officer of GrayCo, Inc., a private real estate company that owns and manages apartment communities, master planned community investments and timberlands located throughout the Southeast. Prior to joining GrayCo in 2010, Mr. Gray spent seventeen years in the investment banking business, most recently with Wachovia Corporation where he had direct responsibility for the Real Estate Investment Banking, Corporate Banking, Private Equity, Homebuilder Finance and Structured Finance groups. Prior to Wachovia, Mr. Gray worked in the real estate investment banking groups at J.P. Morgan and Morgan Stanley. Mr. Gray has an A.B. in Economics from the University of North Carolina and a M.B.A. from the University of Virginia. Mr. Gray provides the Board with extensive real estate investment and corporate finance experience.

ARUN GUPTA, Independent Trustee

Mr. Gupta has served as an Independent Trustee since April 2022. He is an entrepreneurial executive with experience in U.S. 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. He 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). Mr. Gupta served as an Independent Director at 1901 Group, leading cloud and security managed services company (acquired by Leidos). Previously, he 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. He 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.

DERRICK JOHNSON, Independent Trustee

Mr. Johnson has served as an Independent Trustee since July 2022. He is a Senior Vice President of Operations at Agiliti, a medical equipment management and services company. Prior to joining Agiliti, Mr. Johnson spent 20 years with United Parcel Service (UPS) in a variety of strategic and operational roles, including as President of the Southeast.  Mr. Johnson is a member of the Georgia Commission on Freight and Logistics. He brings extensive experience across strategy, marketing, business development, finance and operations, specifically logistical operations, within organizations ranging from startups to Fortune 50 corporations.


JAMIE O. HANDWERKER, Independent Lead Trustee

Ms. Handwerker has served as an Independent Trustee since March 2017, and was appointed Lead Trustee in May 2023. Ms. Handwerker is a partner of KSH Capital, which provides real estate entrepreneurs with capital and expertise to seed or grow their platform. She is also a member of the Board of Directors of Benefit Street Partners Realty Trust, Inc., a member of the University of Pennsylvania School of Arts & Sciences Board of Overseers and is the Founder and Chairperson of Penn Arts & Sciences Professional Women’s Alliance. In 2019, Ms. Handwerker was named one of WomenInc.’s “Most Influential Corporate Directors.” Prior to joining KSH Capital in May 2016, Ms. Handwerker was a Senior Vice President and Principal of Cramer Rosenthal McGlynn LLC, a New York-based asset management firm, where she continued to manage the CRM Windridge Partners hedge funds. Prior to joining Cramer Rosenthal McGlynn LLC in 2002, she was a Managing Director and Portfolio Manager with ING Furman Selz Asset Management LLC (ING FSAM), a New York based subsidiary of ING Group, where she created, launched and managed Windridge Partners, L.P. From 1994 to 2000, Ms. Handwerker was a Managing Director and Senior Equity Research Analyst (Sell-Side) at the international corporate and investment bank ING Barings and its predecessor, Furman Selz, LLC.

CLAIRE A. KOENEMAN, Independent Trustee

Ms. Koeneman has served as an Independent Trustee since September 2015.  She is Managing Director of Financial Communications, at Ketchum, a global public relations and communications firm. Previously, Ms. Koeneman worked in senior positions at global public relations agencies, as well as at a boutique digital-first communications firm. Her professional experience focuses on serving as a strategic partner to companies and C-suite executives, advising them on key business issues & initiatives, bringing over 25 years of experience in corporate, financial and crisis communications to the LXP Board.  Ms. Koeneman is a corporate governance expert and in 2019 was named to Women Inc.’s “Most Influential Corporate Directors” list recognizing ESG best practices.   Earlier in her career, she was President of Financial Relations Board (FRB), an investor relations firm where she established the leading REIT & real estate practice in the U.S.  She has an MBA in finance from University of Chicago Booth School of Business and a BA from Smith College.  Additionally, Ms. Koeneman has served as a diplomat to the Principality of Monaco in its Honorary Consular Corps since 2009.

ELIZABETH NOE, Independent Trustee

Ms. Noe has served as an independent trustee since May 2021. She recently retired from the global law firm Paul Hastings LLP, which she joined in 1995. Ms. Noe served as a partner in the firm from February 2001 through her retirement and as Chair of the Corporate Department from February 2010 until February 2020. She is the Vice-chair and Chair-elect of the Board of Trustees of Agnes Scott College and has served as a Trustee of the College since July 2014.

HOWARD STEWART ROTH, Independent Trustee

Mr. Roth is a principal of HSR Advisors, a consulting firm providing strategic and financial advice. Mr. Roth recently retired from Ernst & Young LLP as the leader of the firm’s global Real Estate, Hospitality & Construction (RHC) practice. He was a partner at Ernst & Young LLP (including its predecessor firm, Kenneth Leventhal & Co.) since 1991. Mr. Roth is currently an Advisory Board Member of Hodes Weill & Associates.

RICHARD S. FRARY, Emeritus Trustee

Mr. Frary has been an Emeritus Trustee since May 2023. He previously served as an Independent Trustee since December 2006. Mr. Frary has been the founding partner and majority shareholder of Tallwood Associates, Inc., a private real estate investment firm, since 1990 and a partner of Brookwood Financial Partners, L.P., a private equity firm that acquires real estate and invests in private companies, since 1993. He serves as a director of Nexus Resources, Inc. and The Johns Hopkins University, where he is Vice Chairman and serves on the Executive Committee. Mr. Frary previously served on the board of directors of Tarragon Corporation and Newkirk Realty Trust, Inc., both publicly traded real estate investment trusts, and Beresford Inc., a real estate investment company. Mr. Frary has extensive real estate investment and corporate finance experience and knowledge of the assets acquired in our merger with Newkirk Realty Trust, Inc.