Kennedy-Wilson Holdings, Inc. Elects Sanaz Zaimi as Director and David Minella as the Lead Independent Director of the Board
April 27, 2018 at 06:07 am EDT
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On April 26, 2018, the board of directors of Kennedy-Wilson Holdings, Inc., upon the recommendation of the company's Nominating Committee, elected Ms. Sanaz Zaimi as a director of the company, effective April 26, 2018. Ms. Zaimi will serve as a member of the class of directors whose term will expire at the 2020 annual meeting of stockholders of the Company. Ms. Zaimi currently serves as the Head of Global Fixed Income, Currencies and Commodities (FICC") Sales within Bank of America Merrill Lynch (BAML") and is based in London. Ms. Zaimi joined BAML in 2010 from Goldman Sachs & Co. LLC, where she was a partner. On April 26, 2018, the independent members of the Board also appointed David Minella as the lead independent director of the Board. Mr. Minella will also serve as the chairperson of all executive sessions of the independent members of the Board.
Kennedy-Wilson Holdings, Inc. is a global real estate investment company. The Company owns, operates, and invests in real estate both on its own and through its investment management platform. It also has a debt platform focused on construction lending secured by multifamily and student housing properties throughout the United States. The Company focuses on multifamily and office properties, as well as industrial and debt investments in its Investment Management business in the Western United States, United Kingdom and Ireland. Its operations are defined by two business segments: its Consolidated Portfolio and Co-Investment Portfolio. Investment activities in the Consolidated Portfolio involve ownership of multifamily units, office, and retail space and one hotel. The Co-Investment Portfolio consists of the co-investments in real estate and real estate-related assets, including loans secured by real estate; fees, and performance allocations that it earns on its fee bearing capital.