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 received his B.A. from Connecticut College, where he formally served as a trustee.

RICHARD S. FRARY, Independent Trustee

Mr. Frary has served as a trustee since December 31, 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.

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.

JAMIE O. HANDWERKER, Independent Trustee

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 currently serves as Head of Corporate Communications, North America at GOLIN, a leading Global Public Relations agency based in Chicago. She is an expert in corporate, financial, and crisis communications, reputation management, investor relations, corporate governance, and in 2019, she was named one of WomenInc.’s “Most Influential Corporate Directors.” Most recently, she was a partner with Bully Pulpit Interactive, a digital-first communications agency that uses proprietary data & analytics to support integrated communications programs for corporations, causes and candidates. Prior, she held leadership roles at both Hill + Knowlton Strategies (H+K), a global PR agency, as well as Financial Relations Board (FRB), a national boutique Investor Relations agency. At H+K, as the US Financial Communications practice leader and US Central Region President, she was responsible for leading several global client accounts as well as building the business of the practice and H+K’s largest region. Prior to that, Ms. Koeneman had a 17-year career at FRB including her role as President and establishing and running the REIT & real estate practice for the firm, which was the dominant industry practice in the US. In this capacity, she advised over 25 Chief Executives and Boards on capital markets issues as well as leading their day-to-day IR/PR needs. She has an MBA in finance from University of Chicago Booth School of Business and a BA from Smith College. Additionally, Ms. Koeneman serves as a diplomat to the Principality of Monaco in its Honorary Consular Corps. Our Board of Trustees determined that Ms. Koeneman is independent of us and our management under applicable regulations, the NYSE listing standards and the standards set forth in our Corporate Governance Guidelines.

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.