Jack K. Heilbron
Chief Executive Officer
Chairman of the Board
Mr. Heilbron has served as a director and officer of the Company since its inception. Mr. Heilbron also has served as Chairman of the Board of Directors and President and Chief Executive Officer of NetREIT Dubose Model Home REIT, Inc. since its inception, and has served as President of NetREIT Advisors, LLC and NTR Property Management, Inc. since their inceptions. Mr. Heilbron was a founding officer, director, and shareholder of the former CI Holding Group, Inc. and of its subsidiary corporations (Centurion Counsel, Inc., Bishop Crown Investment Research Inc., PIM Financial Securities Inc., Centurion Institutional Services Inc. and CHG Properties, Inc.) and currently serves as CEO and Chairman of Centurion Counsel, Inc., a licensed investment advisor. He also served as a director of the Centurion Counsel Funds, an investment company registered under the Investment Company Act of 1940, from March 10, 2001 until 2005. From 1994 until its dissolution in 1999, Mr. Heilbron served as the Chairman and/or Director of Clover REIT. Mr. Heilbron graduated with a B.S. degree in Business Administration from California Polytechnic College, San Luis Obispo, California.
Larry G. Dubose
President, Dubose Advisors, LLC
Mr. Dubose has served as a director of the Company since June 2005 and was Chairman of the Audit Committee until March 2010. In connection with the Company entering into a management agreement with Dubose Model Homes, USA, Mr. Dubose became an employee on March 1, 2010 and has served as Chief Financial Officer, Treasurer, and a director of NetREIT Dubose Model Home REIT, Inc. since its organization. He has also served as Chief Executive Officer of NetREIT Advisors LLC, a wholly-owned subsidiary of the Company, since its inception. From 2008 to 2010, Mr. Dubose was President of Dubose Model Homes, USA, a residential real estate investment company headquartered in Houston, Texas that he founded in 1985, a position he also held until 2004. Prior to forming that company, Mr. Dubose served as Vice President and Chief Financial Officer of a full service real estate brokerage company in Houston for six years. From June 1973 to February 1976, he served as a staff accountant with PricewaterhouseCoopers f/k/a Price Waterhouse. Mr. Dubose graduated with a B.A. degree in Accounting from Lamar University in 1973. Although not active at present, Mr. Dubose is a Certified Public Accountant in the state of Texas. He also holds a real estate brokerage license.
Chief Financial Officer
Adam Sragovicz joined the Company in 2017 and was appointed Chief Financial Officer in 2018. He oversees financial matters, including budgeting, forecasting, funding activities, tax and insurance. Previously, Mr. Sragovicz served as Treasurer of Encore Capital Group, with global capital raising, foreign exchange risk management, and cash management responsibilities. He has held capital markets, finance, and treasury management positions with KPMG, Union Bank of California / MUFG, and Bank of America Merrill Lynch. Adam is a graduate of Yale University with a Bachelor of Arts degree in Soviet and Eastern European Studies, with a concentration in Economics. He also is the Director of the Yale Alumni Schools Committee for San Diego and Imperial Counties.
Gary M. Katz
Sr. Vice President
Gary Katz joined the Company as Senior Vice President in 2010. He is responsible for overseeing the Company’s investment and asset management functions, including acquisitions, leasing and management of the portfolio. Prior to joining NetREIT, Mr. Katz served in senior acquisition, leasing, and development roles for Westcore Properties, where he was involved in transactions throughout the western U.S. He has worked in the commercial real estate field for more than 30 years and has held positions with Legacy Partners, Lincoln Property Company, Kemper Real Estate Management Company, Bedford Properties, and Meyer Investment Properties. Gary holds a Bachelor of Arts degree in Economics from UC San Diego, and is a former president and current Board member of NAIOP – San Diego Chapter. He also sits on the San Diego Charitable Real Estate Foundation’s Board of Directors and the UC San Diego Urban Studies and Planning Steering Committee, and was previously a member of the NAIOP Corporate (National) Board.
Kathryn K. Richman
Secretary & General Counsel
Kathryn K. Richman - Secretary & General Counsel, joined the Company as General Counsel in 2009. Ms. Richman is a graduate of the University of Oregon with a Bachelor of Arts degree, a graduate of California Western School of Law with a Juris Doctorate degree, and a member of the State Bar of California. For over two decades, Ms. Richman has worked as in-house counsel to large public companies, providing guidance on all aspects of state and federal regulatory compliance to companies in the mortgage, real estate, consumer finance, and insurance industries. In addition to her full-time responsibilities as General Counsel, Ms. Richman was formally an instructor for the evening Business Practices Paralegal Program for the University of San Diego.
Chief Accounting Officer
Heather Pittard has served as our Chief Accounting Officer since April 2015. Until March 2015, Ms. Pittard served as our Corporate Controller. She is responsible for the oversight of all financial record keeping and reporting. Previously, Ms. Pittard served as a manager with PricewaterhouseCoopers LLP, where she audited the financial statements for public and private companies in a broad range of industries, with a focus on real estate.
Ms. Pittard received her Master of Science in Accounting from University of Colorado at Boulder and her Bachelor of Science in Business Administration with an emphasis in Accounting and Finance from the University of Colorado at Boulder. Ms. Pittard is a Certified Public Accountant.
Director of Acquisitions and Asset Management
Sean Giffin joined NetREIT as Director of Acquisitions and Asset Management in 2014. He is currently responsible for overseeing the leasing and management of the company’s Colorado and San Diego portfolios and assisting with sourcing, underwriting, and conducting due diligence for new acquisitions.
Previously, Sean served as a leasing and asset management director for the NTC Foundation at Liberty Station (a 361 acre masterplanned mixed-use community in Point Loma/San Diego, CA) and as a Real Estate Specialist with Qualcomm’s corporate real estate division.
With over 14 years of commercial real estate experience in San Diego, Sean holds a Bachelor of Arts degree from the University of San Francisco and a Master of Science in Real Estate from the Burnham-Moores Center for Real Estate at the University of San Diego. He is also a California state licensed broker, a Certified Commercial Investment Member, and a former chair of the NAIOP Developing Leaders – San Diego Chapter.
William H. Allen
Mr. Allen was elected as a director of the Company in 2009 and has served as the Chair of the Audit Committee since March 2010. For 28 years, Mr. Allen was employed with PricewaterhouseCoopers and was the tax partner in charge of the San Diego, California office until his retirement in 2000. From 2002 to 2006, Mr. Allen served as Chairman of the Board of Directors for Arrowhead General Insurance, and was on the Board of Directors for The Copley Press, Inc. until January 2010. He is a member of the American Society of Certified Public Accountants, and the California Society of Certified Public Accountants. Mr. Allen graduated from the University of Arizona with a Bachelor of Science degree in accounting.
David T. Bruen
Mr. Bruen has served as a director of the Company since 2008. Mr. Bruen retired in January 2008 from San Diego National Bank after six years as a senior commercial lending officer. During the previous seventeen years, Mr. Bruen was in commercial lending for mid-size businesses in San Diego County for First Interstate Bank, Wells Fargo Bank, Mellon 1st Business Bank, and San Diego National Bank. He is a Life Member of the Holiday Bowl Committee and has been a member of the Presidents Association for Palomar College, Financial Executives International, the San Diego MIT Enterprise Forum, and the Association for Corporate Growth. Mr. Bruen is a graduate of San Diego State University and has an M.B.A. from the University of Southern California.
Shirley Y. Bullard
Ms. Bullard has served as a director of the Company since December 2011 and is the Chief Administrative Officer and Vice President of Human Resources with The Ken Blanchard Companies, an international leadership and management training company based in Escondido, California, which she joined in 1998. Prior to joining The Ken Blanchard Companies, Ms. Bullard served as the Director of Personnel Support Services and Director of Personnel Commission for the Poway Unified School District, a Public K-12 school district in North County San Diego, California. Previously, Ms. Bullard provided 18 years of service with the U.S. Navy as Director of Labor Relations and Deputy Officer for Equal Opportunity/Affirmative Action. From 1995 to 2008, Ms. Bullard served on the Board of Directors for Mission Federal Credit Union, and she is currently on the Board of Directors for the School for Integrated Academics and Technologies, a position she has held since 2005. Ms. Bullard holds a Jurist Doctorate and a Bachelor of Science of Law degree from Thomas Jefferson School of Law.
Sumner J. Rollings
Mr. Rollings has served as a director of the Company since April 2001 and is the current Chair of the Nominating and Corporate Governance Committee. He also served as a director of the Centurion Counsel Funds, an investment company registered under the Investment Company Act of 1940, from March 10, 2001 until 2005. From 2001 to 2014, Mr. Rollings owned and operated the Wagon Wheel Restaurant as the CEO of Rolling Wheel Restaurant, Inc., in Escondido, California. From May 1999 to May 2001 Mr. Rollings served as sales executive for Joseph Webb Foods of Vista, California and previously from 1985 to 1999, as sales executive for Alliant Food Service Sales.
Thomas E. Schwartz
Mr. Schwartz has served as a director of the Company since April 2001. He also served as a Director of the Centurion Counsel Funds, an investment company registered under the Investment Company Act of 1940, from March 10, 2001 until 2005. Mr. Schwartz is a former member of the Financial Planning Association and the National Association of Insurance and Financial Advisors. Since March 1999, he has served as a Director of Gold Terra, Inc., a closely-held Nevada corporation which participates in mining operations for gold, silver and other valuable mineral deposits. Mr. Schwartz became a Certified Financial Planner in 1990 and an Independent Certified Financial Planner in 2001 but is now retired.
Kenneth W. Elsberry
Mr. Elsberry served as the Company’s Chief Financial Officer from inception until April 1, 2016 and Treasurer until December 31, 2017. He began serving as a director in 1999 and served until 2008 before he commenced serving as a director again in 2010. Mr. Elsberry also served as Vice President and Chief Financial Officer of NetREIT Advisors, LLC and NTR Property Management, Inc., the Company’s property management affiliate. He is a member of the California Society of Certified Public Accountants and American Institute of Certified Public Accountants. From December 2004 to October 2007, Mr. Elsberry served as chief financial officer of Trusonic, Inc., a startup technology company based in San Diego, California. Mr. Elsberry also served as a Director of the Centurion Counsel Funds, an investment company registered under the Investment Company Act of 1940, from March 10, 2001 until 2005 and was formerly the chief financial officer and a Director of Centurion Institutional Services. From 1994 until its dissolution in 1999, Mr. Elsberry served as chief financial officer of Clover Income and Growth REIT (“Clover REIT”). Mr. Elsberry received his Bachelor of Science degree in accounting from Colorado State University.