Catherine D. Rice

Ms. Rice is a Managing Director and the Chief Financial Officer of W. P. Carey Inc. Before joining the firm, from January 2010 to January 2013, Ms. Rice was a Managing Partner of Parmenter Realty Partners, a private real estate investor that focuses on distressed and value-add office properties in the Southeast and Southwest regions of the U.S. From November 2002 to March 2009, she was Chief Financial Officer of iStar Financial Inc. (NYSE: SFI), a publicly traded finance company focused on the commercial real estate industry that provides custom tailored financing to private and corporate owners of real estate. From April 1999 to October 2002, she was Managing Director in both the financial sponsors group and the real estate investment banking group of Bank of America Securities, based in San Francisco. From May 1996 to March 1999, she was a Managing Director at Lehman Brothers, where she was responsible for the firm’s West Coast real estate investment banking effort. She spent the first ten years of her career, from August 1986 to April 1996, with Merrill Lynch in its real estate investment banking group, both in New York and Los Angeles.

Ms. Rice received a B.A. degree from the University of Colorado and an M.B.A. from Columbia University. Her prior board experience includes the Fisher Center for Real Estate and Urban Economics, the American Financial Services Association and NAREIT. She currently serves as a Director of CTS Cement Manufacturing Co., a privately-held business and ACE (Association for Community Employment), a non-profit organization which provides homeless New Yorkers with job training, literacy programs and work experience.