Thomas F. August has had a long career in real estate, especially in managing investment trusts known as REITs. Born in 1948, he took the helm as CEO of SITE Centers Corporation in July 2016, shortly after joining its Board...
Thomas F. August has had a long career in real estate, especially in managing investment trusts known as REITs. Born in 1948, he took the helm as CEO of SITE Centers Corporation in July 2016, shortly after joining its Board of Directors just two months earlier. His previous experience is notable; he led Equity Office Property Trust until 2015, a major player in the office space, and was also the CEO of Prentiss Properties Trust. With a focus on aligning executives' performance with company goals, his compensation included a hefty bonus based on the company's financial metrics. August has also been involved in various strategic movements in the real estate sector throughout his career. His background includes significant leadership roles in some of the largest REITs, which has shaped his approach to running SITE Centers, emphasizing performance and accountability within his team.