Management Team

George J. Carter, CEO and Chairman of the Board
George J. Carter, age 75, is Chief Executive Officer and has been Chairman of the Board of Directors of the Company since 2002. Mr. Carter was also the President of the Company from 2002 to May 2016. Mr. Carter is responsible for all aspects of the business of the Company and its affiliates, with special emphasis on the evaluation, acquisition and structuring of real estate investments. Prior to the conversion of Franklin Street Partners Limited Partnership (the "FSP Partnership") into the Company in 2002, he was President of the general partner of the FSP Partnership and was responsible for all aspects of the business of the FSP Partnership and its affiliates. From 1992 through 1996 he was President of Boston Financial Securities, Inc. ("Boston Financial"). Prior to joining Boston Financial, Mr. Carter was owner and developer of Gloucester Dry Dock, a commercial shipyard in Gloucester, Massachusetts. From 1979 to 1988, Mr. Carter served as Managing Director in charge of marketing at First Winthrop Corporation, a national real estate and investment banking firm headquartered in Boston, Massachusetts. Prior to that, Mr. Carter held a number of positions in the brokerage industry, including positions with Merrill Lynch & Co. and Loeb Rhodes & Co. Mr. Carter is a graduate of the University of Miami (B.S.). Mr. Carter's son, Scott H. Carter, serves as Executive Vice President, General Counsel and Secretary of the Company and Mr. Carter's other son, Jeffrey B. Carter, serves as President and Chief Investment Officer of the Company.
Jeffrey B. Carter, President, Chief Investment Officer
Jeffrey B. Carter, age 52, is President and Chief Investment Officer of the Company. Mr. Carter served as Executive Vice President and Chief Investment Officer from February 2012 until May 2016, when he was appointed as President in addition to his position as Chief Investment Officer. Previously, Mr. Carter served as Senior Vice President and Director of Acquisitions of the Company from 2005 to 2012 and as Vice President – Acquisitions from 2003 to 2005. Mr. Carter oversees the day-to-day execution of the Company's strategic objectives and business plan. In addition, Mr. Carter is primarily responsible for developing and implementing the Company's investment strategy, including coordination of acquisitions and dispositions. Prior to joining the Company, Mr. Carter worked in Trust Administration for Northern Trust Bank in Miami, Florida. Mr. Carter is a graduate of Arizona State University (B.A.), The George Washington University (M.A.) and Cornell University (M.B.A.). Mr. Carter's father, George J. Carter, serves as Chief Executive Officer and Chairman of the Board of Directors of the Company, and Mr. Carter's brother, Scott H. Carter, serves as Executive Vice President, General Counsel and Secretary of the Company.
John G. Demeritt, Executive Vice President, Chief Financial Officer
and Treasurer
John G. Demeritt, age 63, is Executive Vice President and Chief Financial Officer of the Company and has been Chief Financial Officer since March 2005. Mr. Demeritt previously served as Senior Vice President, Finance and Principal Accounting Officer from September 2004 to March 2005. Prior to September 2004, Mr. Demeritt was a Manager with Caturano & Company, an independent accounting firm (which later merged with McGladrey) where he focused on Sarbanes Oxley compliance. Previously, from March 2002 to March 2004 he provided consulting services to public and private companies where he focused on SEC filings, evaluation of business processes and acquisition integration. During 2001 and 2002 he was Vice President of Financial Planning & Analysis at Cabot Industrial Trust, a publicly traded real estate investment trust, which was acquired by CalWest in December 2001. From October 1995 to December 2000 he was Controller and Officer of The Meditrust Companies, a publicly traded real estate investment trust (formerly known as the The La Quinta Companies, which was then acquired by the Blackstone Group), where he was involved with a number of merger and financing transactions. Prior to that, from 1986 to 1995 he had financial and accounting responsibilities at three other public companies, and was previously associated with Laventhol & Horwath, an independent accounting firm from 1983 to 1986. Mr. Demeritt is a Certified Public Accountant and holds a Bachelor of Science degree from Babson College.
Scott H. Carter, Executive Vice President, General Counsel and Secretary
Scott H. Carter, age 52, is Executive Vice President, General Counsel and Secretary of the Company. Mr. Carter has served as General Counsel since February 2008. Mr. Carter joined the Company in October 2005 as Senior Vice President and In-house Counsel. Mr. Carter is primarily responsible for the management of all of the legal affairs of the Company and its affiliates. Prior to joining the Company in October 2005, Mr. Carter was associated with the law firm of Nixon Peabody LLP, which he originally joined in 1999. At Nixon Peabody LLP, Mr. Carter concentrated his practice on the areas of real estate syndication, acquisitions and finance. Mr. Carter received a Bachelor of Business Administration (B.B.A.) degree in Finance and Marketing and a Juris Doctor (J.D.) degree from the University of Miami. Mr. Carter is admitted to practice law in the Commonwealth of Massachusetts. Mr. Carter's father, George J. Carter, serves as Chief Executive Officer and Chairman of the Board of Directors of the Company, and Mr. Carter's brother, Jeffrey B. Carter, serves as President and Chief Investment Officer of the Company.
Eriel Anchondo, Executive Vice President, Chief Operating Officer
Eriel Anchondo, age 46, is Executive Vice President and Chief Operating Officer of the Company and has held those positions since May 2016. Mr. Anchondo joined the Company in 2015 as Senior Vice President of Operations. Mr. Anchondo is responsible for ensuring that the Company has the proper operational controls, administrative and reporting procedures, and people systems and infrastructure in place to effectively grow the organization and maintain financial strength and operating efficiency. Prior to joining the Company, from July 2014 to December 2014, Mr. Anchondo provided consulting services to the retail banking division of ISBAN, which is part of the Technology and Operations division of the Santander Group of financial institutions. From May 2007 to July 2013, Mr. Anchondo was employed by Mercer, a global consulting leader in talent, health, retirement, and investments, as an Employee Education Manager across all lines of Mercer's business. From May 2005 to May 2007, Mr. Anchondo was a Communications Consultant at New York Life Investment Management. From December 2002 to May 2005, Mr. Anchondo worked in the Preferred Client Services Group at Putnam Investments. Mr. Anchondo is a graduate of Boston University (B.A.) and Cornell University (M.B.A.).
John F. Donahue, Executive Vice President, and President of FSP Property Management LLC
John F. Donahue, age 57, is Executive Vice President of FSP Corp. and President of FSP Property Management LLC and has held those positions since May 2016. Mr. Donahue is primarily responsible for the oversight of the management of all of the real estate assets of the Company and its affiliates. Mr. Donahue joined the Company in August 2001 as Vice President of FSP Property Management LLC. From 2001 to May 2016, Mr. Donahue was responsible for the management of real estate assets of the Company and its affiliates. From 1992 to 2001, Mr. Donahue worked in the pension fund advisory business for GE Capital and AEW Capital Management with oversight of office, research and development, industrial and land investments. From 1989 to 1992, Mr. Donahue worked for Krupp Realty in various accounting and finance roles. Mr. Donahue holds a Bachelor of Science in Business Administration from Bryant College.
Leo H. (“Toby”), Daley, Jr., Senior Vice President
Mr. Daley joined FSP in 2004. Mr. Daley is responsible for the oversight and asset management of FSP’s and its affiliates’ real estate holdings in various markets through the United States. Prior to joining FSP, Mr. Daley was Senior Vice President, Asset and Property Management for Finard & Company LLC, a regional real estate firm specializing in retail properties. From 2001 to 2003, Mr. Daley was Vice President and Asset Manager for Cabot Industrial Trust, a public REIT specializing in industrial properties, and its successor, RREEF. From 1994 to 2001, Mr. Daley was Vice President, Regional Manager for Leggat McCall Properties LLC, a full-service real estate company with focus along the Washington-to-Boston corridor. From 1992 to 1994, Mr. Daley was Senior Property Manager for The Codman Company, Inc. in Boston. From 1987 to 1992, Mr. Daley served as Portfolio Manager for Hawthorne Associates, Inc., a pension fund advisor that managed funds in equities, fixed income and real estate. Mr. Daley attended Middlebury College, Middlebury, Vermont.
William S. Friend, Senior Vice President
Mr. Friend joined FSP in 2003. Mr. Friend is responsible for the oversight and asset management of FSP’s and its affiliated entities’ real estate holdings in various markets through the United States. From 1998 to 2003, Mr. Friend was Vice President and Asset Manager for Cabot Industrial Trust, a public REIT specializing in industrial properties, and its successor REEF. From 1996 to 1998, Mr. Friend was Director of Business Development and Property Manager for Boston Development Associates, a Massachusetts-based retail development company. Mr. Friend holds a Bachelor of Science in Environmental Science from the University of Vermont.
Andrew J. Klouse, Senior Vice President/Finance, Assistant Treasurer
Mr. Klouse joined FSP in 2004. Mr. Klouse is responsible for finance and accounting, with a special emphasis on REIT tax compliance. From 2002 to November 2004, Mr. Klouse provided consulting services to real estate companies where he focused on SEC filings, business modeling, tax and accounting processes. From 1998 to 2002 he was Vice President of Financial Reporting at Cabot Industrial Trust, a publicly traded real estate investment trust, which was acquired by CalWest in December 2001. From 1994 to 1998 he was Manager of Portfolio Accounting of Cabot Partners L.P. Cabot Partners L.P. was a real estate investment advisor and the predecessor and organizer of Cabot Industrial Trust becoming a publicly traded real estate investment trust. Prior to that, from 1988 to 1994 he had financial and accounting responsibilities at two other real estate investment advisors. Mr. Klouse holds a Bachelor of Science degree from University of Bridgeport and a M.S. in Taxation from Northeastern University.
Matthew J. Buckley, Vice President/IT Director
Mr. Buckley joined FSP in 2010.  Mr. Buckley is responsible for planning, implementing, and maintaining FSP’s Information Technology systems and policies.  Prior to joining FSP Corp., Mr. Buckley worked for eight years at USI, a national insurance broker specializing in property & casualty and employee benefits.  While at USI, Mr. Buckley held the role of Regional IT Manager, overseeing IT operations throughout New England.  Mr. Buckley is experienced in IT Management and industry expertise, including security, infrastructure, and virtualization. Mr. Buckley attended the University of Miami.
Yi-Chin Huang, Vice President/Financial Reporting
Ms. Huang joined FSP in 2005. Prior to joining FSP Corp., Ms. Huang was a Supervisor at Braver P.C. for approximately five years, providing audit, accounting and tax services to clients in the real estate industry. Ms. Huang is a Certified Public Accountant and holds a Master of Accountancy from Case Western Reserve University. Ms. Huang is a member of the American Institute of Certified Public Accountants and the Massachusetts Society of Certified Public Accountants.
Cynthia J. Malonson, Vice President/Corporate Reporting
Ms. Malonson joined FSP in 2002. Prior to joining FSP Corp., Ms. Malonson was a Manager at Braver P.C. for approximately five years, providing audit, accounting and tax services to clients in the real estate industry. Ms. Malonson is a Certified Public Accountant and holds a Bachelor of Science degree from Salem State University. Ms. Malonson is a member of the American Institute of Certified Public Accountants and the Massachusetts Society of Certified Public Accountants.
Michael A. Sampson, Vice President/Asset Manager,
FSP Property Management LLC
Mr. Sampson joined FSP in 2006. Mr. Sampson is responsible for assisting in the oversight and asset management of FSP's and its affiliated entities' real estate holdings in various markets throughout the United States. From 2002 to 2006, Mr. Sampson held various accounting roles for Northland Investment Corporation, a private commercial real estate services firm. Mr. Sampson holds a Bachelor of Science in Business Administration from Merrimack College.
Judith A. Waugh, Vice President/Asset Manager,
FSP Property Management LLC
Ms. Waugh joined FSP in 2005. Ms. Waugh is responsible for assisting in the oversight and asset management of FSP's and its affiliated entities' real estate holdings in various markets throughout the United States. From 2004 to 2005, Ms. Waugh was a Financial Analyst at Keypoint Partners (formerly Finard & Company, LLC), a private commercial real estate services firm headquartered in Burlington, MA. From 2000 to 2004, Ms. Waugh worked at Northland Investment Corporation, a private commercial real estate services firm headquartered in Newton, MA. Prior to leaving Northland, Ms. Waugh held the position of an Assistant Asset Manager. Ms. Waugh earned a Bachelor of Science degree in Office Administration from Salem State College (currently Salem State University) and a Certificate in Real Estate Finance from Boston University.
Georgia Touma, Vice President/Director of Investor Relations
Ms. Touma joined FSP in 2008. Ms. Touma is responsible for planning and directing all aspects of FSP's investor relations policies, objectives, and initiatives as well as the management of all investor-related activities for those investors in FSP's Sponsored Entities, including the preparation and payment of all dividends, preparation of all tax documents, all investor mailings and maintenance on investor accounts. Prior to joining FSP, Ms. Touma worked for MFS Investment Management since 1997 in three key areas: initially in the Internal Audit Department; secondly in the Private Portfolio Services division, and lastly as the Assistant Vice President and Manager of Dealer Administration / Strategic Alliance Group. Ms. Touma is a graduate of Bentley College (B.A.).
Julie Driscoll, Vice President/HR Director
Ms. Driscoll joined FSP in 2009. Ms. Driscoll is responsible for the day-to-day oversight of all human resources functions by providing knowledge, skills and service to management and staff at all levels of the organization. Prior to joining FSP, Ms. Driscoll worked at CAB Health & Recovery Services (currently Lahey Behavioral Health) for five years as the Director of Human Resources. She has also held other HR positions at public and private companies. Ms. Driscoll is a graduate of Salem State College (currently Salem State University) and has a Masters Degree in Human Resources Management from Lesley College (currently Lesley University).

Non-Management Directors

John N. Burke
John N. Burke, age 62, has been a director and Chair of the Audit Committee since 2004. Mr. Burke is a certified public accountant with approximately 30 years of experience in the practice of public accounting working with both private and publicly traded companies with extensive experience serving clients in the real estate and REIT industry. His experience includes analysis and evaluation of financial reporting, accounting systems, internal controls and audit matters. Mr. Burke has been involved as an advisor on several public offerings, private equity and debt financings and merger and acquisition transactions. Mr. Burke's consulting experience includes a wide range of accounting, tax and business planning matters. Prior to starting his own firm in 2003, Mr. Burke was an Audit Partner in the Boston office of BDO USA, LLP. Mr. Burke is a member of the American Institute of Certified Public Accountants and the Massachusetts Society of CPAs. Mr. Burke earned an M.S. in Taxation and studied undergraduate accounting at Bentley University.
Brian N. Hansen
Brian N. Hansen, age 52, became a director in 2012 and became Chair of the Compensation Committee in February 2021. Mr. Hansen is President and Chief Operating Officer of Confluence Investment Management LLC, a St. Louis based Registered Investment Advisor. Prior to founding Confluence in 2007, Mr. Hansen served as a Managing Director in A.G. Edwards' Financial Institutions & Real Estate Investment Banking practice. While at A.G. Edwards, Mr. Hansen advised a wide variety of real estate investment trusts with numerous capital markets transactions, including public and private offerings of debt and equity securities as well as the analysis of various merger & acquisition opportunities. Prior to joining A.G. Edwards, Mr. Hansen served as a Manager in Arthur Andersen LLP's Audit & Business Advisory practice. Mr. Hansen has served on the boards of a number of non-profit entities and currently serves on the Finance Council and as the Investment Committee Chair of the Archdiocese of St. Louis and as a member of the St. Louis County Retirement Board. Mr. Hansen earned his MBA from the Kellogg School of Management at Northwestern University and his Bachelor of Science in Commerce from DePaul University. Mr. Hansen is a Certified Public Accountant.
Kenneth Hoxsie
Kenneth Hoxsie, age 73, has been a director since January 2016 and became Chair of the Nominating and Corporate Governance Committee in February 2021. Mr. Hoxsie was a Partner at the international law firm of Wilmer Cutler Pickering Hale and Dorr LLP ("WilmerHale") until his retirement on December 31, 2015. He joined Hale and Dorr (the predecessor of WilmerHale) in 1981, subsequently worked at Copley Real Estate Advisors, an institutional real estate investment advisory firm, and rejoined Hale and Dorr in 1994. Mr. Hoxsie has over 30 years' experience in real estate capital markets transactions, fund formation, public company counselling and mergers and acquisitions and has advised the Company since its formation in 1997. Mr. Hoxsie earned his J.D. (Cum Laude) from Harvard Law School, his M.A. from Harvard University and his B.A. (Summa Cum Laude) from Amherst College, where he was elected to Phi Beta Kappa.
Dennis J. McGillicuddy
Dennis J. McGillicuddy, age 82, has been a director since May 2002. Mr. McGillicuddy graduated from the University of Florida with a B.A. degree and from the University of Florida Law School with a J.D. degree. In 1968, Mr. McGillicuddy joined Barry Silverstein in founding Coaxial Communications, a cable television company. In 1998 and 1999, Coaxial sold its cable systems. Mr. McGillicuddy has served on the boards of various charitable organizations. He is currently President of the Board of Trustees of Florida Studio Theater, a professional non-profit theater organization, and is President, Vice-Chairman and Director of All-Star Children's Foundation, an organization engaged in creating a new paradigm for foster care.
Georgia Murray, Lead Independent Director
Georgia Murray, age 73, has been a director since April 2005 and Lead Independent Director since 2014. Ms. Murray is retired from Lend Lease Real Estate Investments, Inc., where she served as a Principal from November 1999 until May 2000. From 1973 through October 1999, Ms. Murray worked at The Boston Financial Group, Inc., serving as Senior Vice President and a Director at times during her tenure. Boston Financial was an affiliate of the Boston Financial Group, Inc. She is a past Trustee of the Urban Land Institute and a past President of the Multifamily Housing Institute. Ms. Murray previously served on the Board of Directors of Capital Crossing Bank. She also serves on the boards of numerous non-profit entities. Ms. Murray is a graduate of Newton College.
Milton P. Wilkins, Jr.
Milton P. Wilkins, Jr., age 76, has been a director since February 2022. Mr. Wilkins has served as an investment advisor with RBF Wealth Advisors in St. Louis, Missouri, since 1997. Mr. Wilkins also served concurrently from 2003 to 2015 with Hammond Associates/Mercer Investment Consulting as an institutional investment consultant. Prior to joining RBF Wealth Advisors, Mr. Wilkins served in various positions at Monsanto Corporation from 1976 to 1986 and from 1989 to 1997, including as Vice President of Corporate Development in the corporate mergers and acquisition group. Mr. Wilkins currently serves as Chairman of the St. Louis County Employees Retirement Board (pension plan), a member of the Investment Committee of the Archdiocese of St. Louis, and a member of the Board of Directors of the Nine PBS public television station in St. Louis. Mr. Wilkins holds a M.B.A. degree from the Harvard Graduate School of Business Administration and a Bachelor of Arts degree from Morehouse College.