Innovative Industrial Properties Appoints Mary Allis Curran, Former Bank Executive, to its Board of Directors
December 31 2019 - 07:00AM
Business Wire
Innovative Industrial Properties, Inc. (IIP), the first and only
real estate company on the New York Stock Exchange (NYSE: IIPR)
focused on the regulated U.S. cannabis industry, announced today
the appointment of Mary Allis Curran to its board of directors.
“We are very excited to have Mary Curran join IIP’s board,” said
Alan Gold, Executive Chairman of IIP. “Mary brings a wealth of
experience and executive leadership from the financial services
industry, in addition to public company board-level expertise. With
her breadth of experience and proven success in developing highly
effective risk management strategies and driving improvements in
business performance, we look forward to her contributions as IIP
continues to execute on its business model of being the leading
provider of real estate capital for the regulated medical cannabis
industry.”
Ms. Curran spent 25 years at MUFG Union Bank, N.A., during which
time she held several executive level positions, including
Executive Vice President, Corporate Banking Chief Risk Officer from
2011 to 2014, and Executive Vice President, Head of The Private
Bank at Union Bank from 2006 to 2011. During her time with Union
Bank, Ms. Curran worked closely with its board and management to
build an infrastructure focused on a strong, proactive, integrated
and effective risk management. Ms. Curran was also tasked with
improving the performance of Union Bank’s Wealth Management
practice, a business unit with offices throughout California,
Washington and Oregon. Prior to 2006, she spent 17 years in
leadership roles in commercial banking.
Mr. Gold added, “Drawing on her decades of senior management
experience and success in driving business growth with prudent risk
management, Mary is an excellent addition to our board, and will
provide invaluable perspective as we continue on our growth
path.”
Ms. Curran currently serves on the Board of Directors, Audit
Committee and Enterprise Risk Committee of Banc of California, Inc.
(NYSE: BANC), a financial institution. She also serves on the Board
of Directors, Nominating/Governance Committee and Compensation
Committee for Hunter Industries, a privately held global
irrigation, landscape lighting and custom manufacturing company. In
addition, Ms. Curran recently served as Chair of San Diego State
University’s Campanile Foundation Board and Executive Committee,
and currently chairs the university’s Nominating and Governance
Committee and serves on the university’s Athletics Committee.
Previous board service includes: Chair of the California Bankers
Association where she remains involved on the Banker Benefits
Board, and Chair of the San Diego Sports Commission. Ms. Curran is
a current member of the Corporate Directors Forum, San Diego, The
Corporate Director’s Roundtable of Orange County, Women Corporate
Directors and the National Association of Corporate Directors
(NACD). Ms. Curran is a NACD Governance Fellow, and holds a
Bachelor of Science degree in Journalism from the University of
Colorado, Boulder and a Master’s degree in Business from San Diego
State University.
About Innovative Industrial Properties
Innovative Industrial Properties, Inc. is a self-advised
Maryland corporation focused on the acquisition, ownership and
management of specialized industrial properties leased to
experienced, state-licensed operators for their regulated
medical-use cannabis facilities. Innovative Industrial Properties,
Inc. has elected to be taxed as a real estate investment trust,
commencing with the year ended December 31, 2017. Additional
information is available at
www.innovativeindustrialproperties.com.
This press release contains statements that IIP believes to be
“forward-looking statements” within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
All statements other than historical facts are forward-looking
statements. When used in this press release, words such as we
“expect,” “intend,” “plan,” “estimate,” “anticipate,” “believe” or
“should” or the negative thereof or similar terminology are
generally intended to identify forward-looking statements. Such
forward-looking statements are subject to risks and uncertainties
that could cause actual results to differ materially from those
expressed in, or implied by, such statements. Investors should not
place undue reliance upon forward-looking statements. IIP disclaims
any obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20191231005017/en/
Company Contact: Catherine Hastings Chief Financial Officer,
Chief Accounting Officer and Treasurer Innovative Industrial
Properties, Inc. (858) 997-3332
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