Stephen G. Kasnet

Stephen G. Kasnet is an independent member and the Chair of their Board. He has served as a director of the Company since its inception. Mr. Kasnet has served as a director of Two Harbors Investment Corp. (NYSE: TWO), a hybrid mortgage real estate investment trust, since 2009, where he currently serves as Chair of the Board of Directors, chair of the audit committee, and a member of the risk oversight committee. He served as a director of Silver Bay Realty Trust Corp. (NYSE: SBY), a real estate investment trust, from 2012 to 2017. Mr. Kasnet was also a director of Columbia Laboratories, Inc. (NASDAQ: CBRX), a specialty pharmaceuticals company, now Juniper Pharmaceuticals, from August 2004 to June 2015, including as Chair of the Board from November 2004 to June 2015. From 2007 to 2009, Mr. Kasnet was the Chair of Dartmouth Street Capital LLC, a private investment firm. From 2000 to 2006, he was President and Chief Executive Officer of Harbor Global Company, Ltd., an asset management, natural resources, and real estate investment company, and President of PIOglobal, a Russian real estate investment fund. From 1995 to 1999, Mr. Kasnet was a director and member of the Executive Committee of The Bradley Real Estate Trust, a real estate investment trust. He was Chair of Warren Bank, a state commercial bank, and Warren Bancorp., a bank holding company, from 1990 to 2003. Mr. Kasnet has also held senior management positions with other financial organizations, including Pioneer Group, Inc., First Winthrop Corporation and Winthrop Financial Associates, and Cabot, Cabot, and Forbes, a real estate development firm. He served as Chair of the Board of Rubicon Ltd. (NZX: RBC), an international investor in forestry-related industries, from 2004 to 2018, as a director of First Ipswich Bancorp, a holding company for The First National Bank of Ipswich, which is owned by Brookline Bancorp, Inc., from 2008 to 2020, and as a director of GoodBulk Ltd., a cargo company, from 2017 to 2019. He served as a director and Chair of Tenon Ltd., a wood products company, from 2016 to 2018. He is also a trustee of the board of the Governor’s Academy, a private coed boarding high school in Byfield, Massachusetts. Mr. Kasnet received a B.A. from the University of Pennsylvania.