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Brandywine Appoints Wirth as EVP, CFO

Realty Trust Announces Resignation of Sipzner
March 11, 2014
Thomas E. Wirth has been appointed executive vice president and chief financial officer at Brandywine Realty Trust (NYSE: BDN). Wirth is replacing Howard M. Sipzner, effective immediately.

Since December 2009 Wirth has served as executive vice president, portfolio management and investments. In this role, he directed portfolio management, acquisition and disposition activities while assisting in the formulation of capital allocation tactics for the company including structuring joint ventures and construction financing.

From 2004 to 2009 Wirth was at Feldman Mall Properties, as chief financial officer and beginning in 2007 as president. Before that he was the vice president of finance and later the chief financial officer of SL Green Realty Corporation. He previously held the title of vice president of financial reporting and analysis for United Waste System, Inc., and spent ten years with Ernst & Young LLP.

Wirth is a CPA, and earned his bachelor's degree in business management and accounting from Gettysburg College.

"We are delighted that Tom has accepted this new leadership role as our chief financial officer," said Gerard H. Sweeney, president and chief executive officer at Brandywine. "He is an accomplished and effective financial executive with significant experience in all facets of the real estate business. His broad-based skill sets in finance, accounting, investor relations and the capital markets will serve us well in the efficient execution of our business plan."

"We thank Howard for his contributions to Brandywine, and wish him great success in his future endeavors," added Sweeney.

BDN is one of the largest publicly-traded, full-service, integrated real estate companies in the country, with 282 properties totaling 32.9 million square feet under ownership or management across its urban, town center and suburban office portfolio, as of December 2013.

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