Changes to the GRESB Board of Directors

On January 1, 2019, Alan Dalgleish, Chief Executive at ANREV, the Asian Association for Investors in Non-listed Real Estate Vehicles, will succeed Steven A. Wechsler, President & CEO at Nareit as non-executive director on the GRESB Board.
Commenting on his appointment, Alan said:

I am delighted to have been nominated to join the GRESB board and look forward to working with fellow board members and the GRESB executive team to further the organization’s environmental, social and governance (ESG) goals.
Over the years, GRESB’s assessment results for the Asia real estate sector have consistently shown the extent to which sustainability is being integrated with business strategy and execution to deliver measurable results for cities and communities. It is important to me as an individual and as an industry participant to be part of these efforts.
As industry-driven organizations, with complimentary objectives, GRESB and ANREV play a vital role in working together for the betterment of the industry by improving ESG, transparency and best practices.”

Steven A. Wechsler has served on the GRESB Board of Directors since 2014. Commenting on his years on the GRESB Board, Steven said:

I am grateful for my time serving on the GRESB board. Nareit members continue to utilize GRESB as a tool to improve, report and get recognition for their leading ESG initiatives and programs. We are proud of the REIT industry’s progress in ESG efforts and grateful for GRESB’s guidance and leadership in moving the real estate industry forward on this path.”

The GRESB Board of Directors

The GRESB Board of Directors oversees GRESB’s governance. It includes one executive director (the managing director of GRESB) and six non-executive directors. The managing director oversees GRESB’s day-to-day business. The non-executive directors oversee GRESB’s strategic direction. Three of the non-executive directors are representatives of GRESB’s Investor Members.
The Board tenure is three years, with a second tenure of a maximum of three years. The aim of the rotation schedule and the selection of candidates is to ensure that the Board has a good representation of GRESB’s members (by region/sector), can provide a global perspective and is able to support GRESB in its strategy.  The executive director (GRESB’s managing director) and the chairman (GBCI representative) are excluded from the rotation schedule.
See the Governance section for information on the current members of the Board of Directors.