Our Board

At Green REIT we have a strong and highly-respected Board with unrivaled industry and plc sector experience

The Board is led by Gary Kennedy as chairman and five other Non-Executive Directors. Our board members have held senior positions in a number of public companies and have considerable experience in the property or finance industries. The Board has overall responsibility to shareholders for the success of Green REIT plc and for oversight of its strategic direction, investment policy and corporate governance. Gary Kennedy (Chair), Jerome Kennedy, Thom Wernink and Gary McGann are independent non-executive Directors. Stephen Vernon and Pat Gunne are the Investment Manager’s nominees to the Board.

 

Gary Kennedy

Gary Kennedy

Non-Executive Chairman
Age: 58
Gary Kennedy is an experienced chairman and director, with a long executive career in technology, financial services and a non-executive portfolio spanning a variety of sectors, including financial services, foods, biotechnology and technology. Gary is currently chairman of Greencore Group plc and a director of Friends First Assurance Company. He also serves as a board member to a number of private companies and was a director of Elan Corporation plc until December 2013 and was a government appointed director of Irish Bank Resolution Corporation Limited until February 2013. He was Group Director of Finance and Enterprise Technology at Allied Irish Bank and a member of its main board together with subsidiary boards in the US and Poland. Prior to that, he was Group Vice-President of Nortel Networks Europe. He served on the board of the Industrial Development Authority of Ireland for ten years until he retired in December 2005.
Committee:Remuneration and Nomination

Jerome Kennedy

Jerome Kennedy

Non-Executive Director
Age: 68
Jerome Kennedy is an experienced non-executive director, with a long executive career as a partner in KPMG and a non-executive directorship portfolio since 2004 in a number of sectors including financial services, foods and media. He is currently a director of Total Produce plc where he chairs the audit committee and a director of Independent News and Media plc where he is the senior independent director and chairs the audit committee. He is also the Chairman of Caulfield McCarthy Group Retail. He served on the board of New Ireland Assurance Company plc from 2004 to 2010 and on the Court of Bank of Ireland from 2007 until 2012. He spent 24 years (1980-2004) as a partner in KPMG providing audit and advisory services to a range of Irish companies and Irish subsidiaries of multinational groups. He held the position of managing partner of KPMG Ireland and was a board member of KPMG Europe from 1995-2004.
Committee:Audit, Remuneration, Nomination and Investment

Thom Wernink

Thom Wernink

Non-Executive Director & Senior Independent Director
Age: 70
Thom Wernink has held a number of senior positions over a long career focused on the Continental European real estate industry and brings valuable knowledge of these markets to the Board. He serves as a non-executive director of a number of European based property and investment companies, including stock exchange listed companies Atrium European Real Estate Ltd, SEGRO, and European Direct Real Estate Fund (SICAF). He is also a former Chairman of the European Public Real Estate Association and former chairman of the management board (CEO) of Corio NV.
Committee:Audit, Remuneration, Nomination and Investment

Stephen Vernon

Stephen Vernon

Non-Executive Director
Age: 66
Stephen Vernon is the chairman of Green Property and has held this role since 2002. Before then, he held the position of managing director of Green Property plc from 1993 to 2002. Up until 2002 Green Property plc was listed on the Irish Stock Exchange and the London Stock Exchange. Under Stephen’s stewardship, Green Property plc’s market capitalisation grew from approximately €24 million in 1993 to approximately €1 billion in 2002 when Stephen led a leveraged buyout of the company in an approximately €1.85 billion transaction. Stephen graduated from the College of Estate Management in 1972. After spending two years in general practice in the UK, he joined St. Quintin Chartered Surveyors, becoming an investment partner in 1981. He was appointed group managing partner in 1987. Stephen is a Fellow of the Royal Institution of Chartered Surveyors and has held numerous non executive positions on the boards of regulated entities and listed companies.
Committee:Nomination and Investment

Pat Gunne

Pat Gunne

Chief Executive
Age: 44
Pat Gunne joined Green Property in January 2009 as managing director of the various Green Property businesses including the newly formed Green Property Ventures. Since joining Green Property, he has focused on developing a real estate workout business on behalf of banks and private equity firms. He was formerly European board director of CB Richard Ellis. Pat became managing director of the real estate agency Gunne Commercial in Ireland from 1997-2007 and during his tenure the company grew operating profits by a factor of 32, and Gunne Commercial was acquired by CB Richard Ellis in 2007 for an enterprise value approaching €32 million.
Committee:Investment

Gary McGann

Gary McGann

Non-Executive Director
Age: 66
Gary McGann is Group Chief Executive Officer of Smurfit Kappa Group plc, one of the leading producers of paper-based packaging in the world. Gary has been Group CEO since 2002. He joined the Smurfit Group in 1998 as Chief Financial Officer and has also served as President and Chief Operations Officer. Prior to this he held the position of Group CEO of Aer Lingus and CEO of Gilbeys of Ireland. Gary is Chairman of Aon Ireland; a Director of UDG Healthcare plc; a Director of IBEC (Irish Business and Employers´ Confederation); and, a Director of the UCD Michael Smurfit Graduate Business School. He is also a member of the ERT (European Round Table of Industrialists) and the Chairman of CEPI (Confederation of European Paper Industries). He was named RISI’s 2014 European CEO of the Year and also received Institutional Investor Magazine’s 2013 Award for Best CEO in the sector.