John D. Moragne
Chief Executive Officer and Director
John D. Moragne
Chief Executive Officer and Director
Mr. Moragne has served as our Chief Executive Officer and as a member of our Board of Directors since March 2023. Mr. Moragne previously served in various roles of the Company, including as our Executive Vice President and Chief Operating Officer from 2018 to 2023, our General Counsel and Chief Compliance Officer from 2016 through 2018, and as the Company’s Secretary from 2016 to 2021. Prior to joining the Company, Mr. Moragne was a corporate, securities and M&A attorney from 2007 to 2016. Mr. Moragne holds a B.A. from SUNY Geneseo and a J.D. from The George Washington University Law School. We believe that Mr. Moragne’s familiarity with our operations and investment and corporate strategies, having worked with or for the Company since its inception, as well as his management and leadership skills, uniquely qualify him to serve on our Board of Directors and provides the Board of Directors with invaluable insight into our operations.
Ryan M. Albano
President and Chief Operating Officer
Mr. Albano has served as our President and Chief Operating Officer since March 2023 Mr. Albano is responsible for leading and managing the Company’s acquisitions, build-to-suit development, dispositions, real estate underwriting and strategy, leasing, and property management functions and affairs for the Company. Mr. Albano has been with the Company since 2013 and has previously served as the Company’s Executive Vice President and Chief Financial Officer from February 2017 to March 2023, and as the Company’s Vice President of Finance from 2013 until February 2017. From 2011 until 2013, Mr. Albano served in various roles for Manning & Napier, Inc. (NYSE: MN), initially assisting in the successful execution of Manning and Napier, Inc.’s IPO and subsequently serving as Assistant CFO of the company’s mutual fund division from 2011 to 2013. Additionally, Mr. Albano previously worked for KPMG LLP in various roles serving both public and private companies. He holds an M.B.A. in finance and competitive strategy from the Simon Graduate School of Business at the University of Rochester and a B.S. in accounting from St. John Fisher College.
Kevin M. Fennell
Executive Vice President, Chief Financial Officer and Treasurer
Mr. Fennell has served as our Executive Vice President and Chief Financial Officer since March 2023 and Treasurer since September 2024. Mr. Fennell is responsible for leading and managing the Company’s accounting, tax, internal audit, finance, capital markets, investor relations, and IT/IS functions. Prior to becoming our Chief Financial Officer, Mr. Fennell served as the Company’s Senior Vice President, Capital Markets & Credit Risk from March 2019 to March 2023. Prior to joining the Company in 2019, Mr. Fennell served in various positions at BMO Capital Markets/BMO Harris Bank from 2008 to 2019, including Real Estate Corporate Banking, where he focused on debt financing for private and public REITs and real estate operating companies. Mr. Fennell holds a B.S. in Finance from the University of Illinois at Urbana-Champaign.
John D. Callan Jr.
Senior Vice President, General Counsel and Secretary
Mr. Callan has served as our Senior Vice President since February 2020, as General Counsel since August 2018 and as Secretary since July 2021. Mr. Callan previously served as our Associate Counsel from November 2017 to August 2018, and as our Assistant Secretary from August 2018 to July 2021. He is responsible for overseeing the legal, corporate governance, and risk management affairs of the Company. From September 2015 to November 2017, Mr. Callan served as Corporate Counsel at Kodak Alaris, and was a corporate and securities attorney at Harter Secrest & Emery from September 2011 to September 2015. Mr. Callan holds a B.A. from SUNY Oneonta and a J.D. from Albany Law School.
Michael B. Caruso
Senior Vice President, Underwriting and Strategy
Mr. Caruso has served as our Senior Vice President, Underwriting & Strategy since October 2023. Mr. Caruso is responsible for overseeing real estate underwriting, investment return modeling, property valuations, and market and industry research. Mr. Caruso has been with Broadstone since November 2015 and has served in various capacities including Senior Vice President, Corporate Strategy and Investor Relations, Senior Vice President, Corporate Finance and Investor Relations, and Vice President, Finance. Mr. Caruso holds a B.S. in Finance and a B.A. in Economics from St. Joseph’s University.
Will D. Garner
Senior Vice President, Acquisitions
Mr. Garner has served as our Senior Vice President, Acquisitions since March 2024. Mr. Garner has been with Broadstone since December 2018 and previously served as the head of industrial acquisitions for the Company. Mr. Garner’s primary responsibilities include overseeing all acquisition and build-to-suit development activities of the Company, including identifying, analyzing, and acquiring investment opportunities. Prior to joining the Company, Mr. Garner served as a Vice President at SunTrust Robinson Humphrey (now Truist Securities) in Atlanta, Georgia as a member of the firm’s Structured Real Estate group from 2012 to 2018, where he helped the team create a programmatic build-to-suit platform, led the team’s transaction structuring, dispositions and CTL placements and closed $2+ billion in net lease transactions across office, industrial and retail asset types. Prior to joining SunTrust Robinson Humphrey, Mr. Garner worked in Marsh’s property practice in Atlanta, Georgia from 2007 to 2010. Mr. Garner holds a BBA in Risk Management and MBA in Finance from the University of Georgia.
Jennie O’Brien
Senior Vice President, Chief Accounting Officer
Ms. O’Brien has served as our Senior Vice President and Chief Accounting Officer since September 2024. Ms. O’Brien’s responsibilities include overseeing the Company’s SEC reporting, accounting, tax and treasury management functions. Ms. O’Brien has been with the Company since 2014 and has served as the Senior Vice President, Accounting and Controller of the Company since February 2023. Ms. O’Brien previously served as the Company’s Vice President, Accounting and Controller from January 2018 to February 2023, and as the Company’s Controller from October 2014 to January 2018. Prior to joining the Company, Ms. O’Brien spent ten years at a regional public accounting firm in Rochester, New York, most recently serving as an Assurance Manager providing audit and tax services to companies in various industries. Ms. O’Brien is a certified public accountant and holds a B.S. in Accounting from SUNY Geneseo.
Molly Kelly Wiegel
Senior Vice President, Human Resources and Administration
Ms. Wiegel has served as our Senior Vice President, Human Resources and Administration since March 2023. Ms. Wiegel’s responsibilities include overseeing the Company’s human resources activities, including employee recruitment, performance management, training and development, compliance, as well as leading and managing the Company’s administrative and business operations functions. From February 2020 to March 2023, Ms. Wiegel served as the Company’s Senior Vice President, Human Resources. From January 2013 to February 2020, Ms. Wiegel served in various roles for Broadstone Real Estate, LLC, including as its Senior Vice President, Human Resources from August 2018 to 2020. Ms. Wiegel previously served as Human Resources Director of Rochester Optical, and was Director of Staff Professional Development and Director of Human Resources Operations at Nixon Peabody LLP from August 2002 to June 2011. Ms. Wiegel holds an M.S. in Career and Human Resource Development from the Rochester Institute of Technology and a B.A. in Psychology from the University of Rochester.
Senior Leadership Team
Ryan M. Albano
President and Chief Operating Officer
Kevin M. Fennell
Executive Vice President, Chief Financial Officer and Treasurer
John D. Callan Jr.
Senior Vice President, General Counsel and Secretary
Michael B. Caruso
Senior Vice President, Underwriting and Strategy
Will D. Garner
Senior Vice President, Acquisitions
Jennie O'Brien
Senior Vice President, Chief Accounting Officer
Molly Kelly Wiegel
Senior Vice President, Human Resources and Administration
Laurie A. Hawkes
Chairman of the Board of Directors
Ms. Hawkes has served as a Director since May 2016, as our Lead Independent Director since February 2019 and as Chairman of the Board since 2021. Ms. Hawkes is also a member of the Compensation Committee. From 2008 until 2016, Ms. Hawkes served in various roles at American Residential Properties, Inc. (NYSE: ARPI), which she co-founded, including director and President & Chief Operating Officer. From 1995 through 2007, Ms. Hawkes served in various roles at U.S. Realty Advisors, LLC, a single-tenant real estate investment and asset management firm, including partner from 1997 through 2007 and President from 2003 through 2007. Ms. Hawkes served as a Managing Director in Real Estate Investment Banking at CS First Boston Corp. from 1993 until 1995, and as Director of Real Estate Investment Banking at Salomon Brothers Inc. from 1979 until 1993. From 2022 to 2024, Ms. Hawkes served on the board of directors of Appreciate Holdings, Inc. (NASDAQ: SFR), and has served on numerous other public, private and non-profit boards. She holds a B.A. from Bowdoin College and an M.B.A. from Cornell University. We believe that Ms. Hawkes’s investment and business experience, including her service as the President, Chief Operating Officer, and board member of a publicly traded REIT, as well as her extensive net lease investment experience, are invaluable to the Company.
John D. Moragne
Chief Executive Officer and Director
Mr. Moragne has served as our Chief Executive Officer and as a member of our Board of Directors since March 2023. Mr. Moragne previously served in various roles of the Company, including as our Executive Vice President and Chief Operating Officer from 2018 to 2023, our General Counsel and Chief Compliance Officer from 2016 through 2018, and as the Company’s Secretary from 2016 to 2021. Prior to joining the Company, Mr. Moragne was a corporate, securities and M&A attorney from 2007 to 2016. Mr. Moragne holds a B.A. from SUNY Geneseo and a J.D. from The George Washington University Law School. We believe that Mr. Moragne’s familiarity with our operations and investment and corporate strategies, having worked with or for the Company since its inception, as well as his management and leadership skills, uniquely qualify him to serve on our Board of Directors and provides the Board of Directors with invaluable insight into our operations.
Michael A. Coke
Director
Mr. Coke has served as a Director since 2021 and currently serves as chair of the Audit Committee. Mr. Coke currently serves as President and Co-Founder of Terreno Realty Corp. (NYSE: TRNO), a publicly traded REIT focusing on industrial real estate properties in six major U.S. coastal markets, and previously served as its President and Chief Financial Officer between 2010 and 2013. In 2007, Mr. Coke co-founded Terreno Capital Partners LLC and served in that capacity until 2010. From 2005 through 2007, he was the President and CEO of IAT Aviation Facilities. Between 1997 and 2007, Mr. Coke was employed by AMB Property Corporation (now known as Prologis) (NYSE: PLD), in which he served in various positions, ultimately acting as Chief Financial Officer and Executive Vice President from 1999 through 2007. From 1990 through 1997, Mr. Coke was employed as a real estate auditor for Arthur Anderson, LLP. He currently serves as a board member of Terreno Realty Corp. and Cal State East Bay Educational Foundation, and previously served on the board of directors of Digital Realty Trust, Inc. (NYSE: DLR) from 2017 through 2021. He holds a B.A. in Business Administration and Accounting from California State University, Hayward. We believe that Mr. Coke’s extensive financial and business experience, including his role as the president of a publicly traded REIT, his current and prior service as a board member of publicly traded companies, and expertise in the industrial sector of the REIT space provide great value to the Board of Directors and the Company.
Jessica Duran
Director
Ms. Duran has served as a Director since January 2023 and currently serves as chair of the Compensation Committee and as a member of the Audit Committee. Ms. Duran is currently a Managing Director and the Chief Financial Officer of TSG Consumer Partners, a consumer-focused private equity firm with nearly $20 billion in assets under management. From 2009 through 2017, Ms. Duran served in various roles at Deloitte & Touche, LLP, including Tax Senior Manager (2009 – 2012) and Partner (2012 – 2017). From 2004 through 2009, Ms. Duran worked at AMB Property Corporation (now known as Prologis) (NYSE: PLD) in the tax function as both a manager and as a Vice President of Tax. Ms. Duran holds a B.S. in Business Administration with a concentration in Accounting from Sonoma State University and is also a Certified Public Accountant. We believe that Ms. Duran’s in-depth knowledge of the private equity industry and her extensive tax and REIT experience are extremely beneficial to the Board of Directors and the Company.
Laura Felice
Director
Ms. Felice has served as a Director since January 2023 and currently serves as chair of the Nominating and Corporate Governance Committee and as a member of the Audit Committee. Since April 2021, Ms. Felice has served as the Executive Vice President and Chief Financial Officer of BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ). From 2016 through 2021, Ms. Felice served as Senior Vice President, Controller at BJ’s. From 2008 through 2016, Ms. Felice worked at Clarks Americas, Inc., a footwear chain in positions of increasing responsibility, including Senior Vice President of Finance (2015-2016). Additionally, Ms. Felice served in various roles at PricewaterhouseCoopers LLP from 2003 to 2008. She currently serves as the Chair of the Board of Directors of Massachusetts Society of CPAs and is the past Chair of its Finance Committee. Ms. Felice also serves as a member of the board of advisors of the Boston Ballet. Ms. Felice holds a Master of Accounting and a B.S. with a double major in Finance and Accounting from Boston College and is also a Certified Public Accountant. We believe that Ms. Felice’s wide-ranging knowledge of the retail industry and her service as the chief financial officer of a publicly traded company provide valuable insight to the Board of Directors and the Company.
Richard Imperiale
Director
Mr. Imperiale has served as a Director since February 2025 and currently serves as a member of the Audit Committee and as a member of the Nominating and Corporate Governance Committee. Mr. Imperiale is a founding member of Uniplan Investment Counsel, Inc., has served as its Chief Investment Officer since 2011, is the current Chairman of its Investment Policy Committee, and is an active member of its Compliance Committee. He has been the portfolio manager for the Uniplan REIT Strategy since its launch in 1988. Prior to founding Uniplan in 1984, Mr. Imperiale was a Corporate Credit Analyst with B.C. Ziegler and Company from 1982 through 1984, as well as a Credit Analyst at First Wisconsin Bank (now U.S. Bank) from 1978 through 1982. Additionally, he previously served on the Boards of Directors of Retail Properties of America (2008-2022), Reven Housing REIT (2017-2020), Ellington Housing REIT (2009-2016), and Inland Retail Real Estate Investment Trust (1999-2007). Mr. Imperiale holds a B.S. in Finance and MBA from Marquette University and is a National Association of Corporate Directors (NACD) Board Fellow. We believe Mr. Imperiale’s extensive experience investing in REITs, managing alternative asset strategies, and his previous service as a director for multiple publicly traded REITs, will provide invaluable insight to the Board of Directors and the Company.
David M. Jacobstein
Director
Mr. Jacobstein has served as a director since May 2013 and currently serves as a member of the Compensation Committee and as a member of the Nominating and Corporate Governance Committee. Since 2009, Mr. Jacobstein has provided consulting services to real estate related businesses. From 2009 to 2022, Mr. Jacobstein served on the board of trustees of Corporate Office Properties Trust, now known as COPT Defense Properties ((NYSE: CDP) (“COPT”)). From 2007 until 2009, Mr. Jacobstein was the senior advisor to the real estate industry group at Deloitte & Touche LLP. From 1999 to 2007, he was President and Chief Operating Officer of Developers Diversified Realty Corp., now known as SITE Centers ((NYSE: SITC) (“DDR”)), where he also served on the board of directors from 2000 to 2004. From 1986 until 1999, Mr. Jacobstein served as Vice Chairman and Chief Operating Officer of Wilmorite, Inc. He holds a B.A. from Colgate University and a J.D. from The George Washington University Law School. We believe that Mr. Jacobstein’s extensive financial and business experience, including his service as the chief operating officer of DDR and a board member of DDR and COPT, two large publicly traded REITs, as well as his legal background, provide the Board of Directors with a unique perspective that is beneficial to the Board of Directors and the Company.
Joseph Saffire
Director
Mr. Saffire has served as a Director since February 2025 and currently serves as a member of the Compensation Committee. Mr. Saffire joined Life Storage, Inc. as its Chief Investment Officer in 2017 and served as the Chief Executive Officer and as a director for Life Storage from March 2019 through July 2023, when Life Storage was merged into Extra Space Storage Inc. Mr. Saffire joined the Board of Directors of Extra Space Storage (NYSE: EXR) following the merger. Prior to joining Life Storage, Mr. Saffire served as the EVP & Head of Commercial Banking for First Niagara Bank from 2014 to 2016, and the EVP & Head of Global Bank, EMEA for Wells Fargo Bank between 2012 and 2014, as well as serving in numerous leadership positions for HSBC Bank from 1992 through 2012. Mr. Saffire holds a B.S. in Finance, magna cum laude, from Boston College, a MBA in Finance and International Management from the University at Buffalo, and attended Masters and undergrad abroad programs at the London School of Economics and Czech Management Centre. We believe that Mr. Saffire’s experience as a publicly traded REIT CEO, and his deep knowledge of the publicly traded REIT space from an operational, capital markets, and executive perspective, will be extremely beneficial to the Board of Directors and the Company.
James H. Watters
Director
Mr. Watters has served as a director since our inception and currently serves as a member of the Compensation Committee and as a member of the Nominating and Corporate Governance Committee. Since 1997, Mr. Watters has served as Senior Vice President and Treasurer, Finance, and Administration of Rochester Institute of Technology (‘‘RIT’’). He is also Vice Chairman of RIT’s global subsidiary where he negotiates business models and real estate transactions for RIT’s global campuses. Prior to joining RIT, Mr. Watters spent 16 years with the University of Pittsburgh in positions such as Assistant Vice Chancellor for Finance and Business and Assistant Vice Chancellor for Real Estate and Management. He serves on various profit and not-for-profit boards throughout Rochester, New York, including Canandaigua National Corporation. He holds a B.S., M.S., and Ph.D. from the University of Pittsburgh. We believe that Mr. Watters’ extensive financial and business experience, leadership skills, and experience in strategic planning are of great benefit to the Board of Directors and the Company. Further, Mr. Watters’ tenure on the Board of Directors since the Company’s inception provides institutional knowledge and insights that are invaluable to the Board of Directors and the Company.
Board of Directors
Laurie A. Hawkes
Chairman of the Board of Directors
John D. Moragne
Chief Executive Officer and Director
Michael A. Coke
Director
Jessica Duran
Director
Laura Felice
Director
Richard Imperiale
Director
David M. Jacobstein
Director
Joseph Saffire
Director
James H. Watters
Director