By Kate Snyder
Alexandria Real Estate Equities has announced new titles and roles involving several of the firm’s employees. The company’s board of directors has elected Daniel J. Ryan as co-president and regional market director for San Diego, Hunter L. Kass as co-president and regional market director for Greater Boston, according to a U.S. Securities and Exchange Commission filing. The firm also announced that in light of Ryan’s promotion, Peter M. Moglia’s title, currently CEO and co-chief investment officer, will change to CEO and chief investment officer. All three title changes are effective Sept. 15.
Ryan, 58, has served as co-chief investment officer since May 2018 and as executive vice president and regional market director for San Diego since May 2012, according to the filing. During his tenure with the company, Ryan has been responsible for the management of the firm’s San Diego region asset base and operations, as well as involvement with developments, redevelopments, joint ventures, financing, leasing and other strategic opportunities outside the San Diego region. Ryan is a board member of Biocom California, a Southern California trade organization, the San Diego Economic Development Corporation, a not-for-profit organization, and the Policy Advisory Board of the University of San Diego School of Real Estate.
Kass, 41, has served as executive vice president and regional market director for Greater Boston since January 2021. He previously served as senior vice president and strategic market director for Greater Boston since October 2019 and has been with Alexandria since 2018. In these roles, Kass focused on the company’s strategic growth through leadership of the Greater Boston development team and acquisitions and transactions within the Greater Boston region. Prior to joining the company, Kass worked at MIT’s Endowment, serving as a leader in a team that executed more than one million square feet of leasing, completed multiple capital market transactions that in total exceeded $2 billion and supported the entitlement and permitting of several million square feet in Cambridge, Mass.
Earlier this year, Alexandria experienced another change in leadership with the resignation of the firm’s president and chief financial officer. On Aug.16, Dean A. Shigenaga submitted his resignation from all of his positions with the company and its subsidiaries for personal family health reasons, according to The Registry’s previous reporting. The day after Shigenaga submitted his resignation, the board of directors elected Marc E. Binda as CFO and treasurer, effective Sept. 15.
Last year, Alexandria saw a similar change in leadership when its co-CEO resigned. According to a U.S. Securities and Exchange Commission filing published in July 2022, Stephen A. Richardson tendered his resignation to all of his positions with the company and its subsidiaries, effective July 31, 2022. He notified Alexandria of his intent to retire from full-time employment and his professional career for family and personal reasons, the filing stated. He was originally appointed to the role in 2018.
