Bio for Bruce W. Duncan
President and Chief Executive Officer
Named President and Chief Executive Officer of First Industrial Realty Trust, Inc. in January 2009, Bruce Duncan brings more than 30 years of real estate management and investment experience to the Company.
Mr. Duncan presently serves as Chairman of the Board of Starwood Hotels & Resorts Worldwide, Inc (NYSE: HOT), one of the leading hotel and leisure companies in the world, a position he has held since 2005. From April to September 2007, Mr. Duncan served as CEO of Starwood on an interim basis. He has been a member of Starwood's Board of Directors since 1999, and was a Trustee of Starwood Hotels & Resorts, a real estate investment trust and former subsidiary of Starwood, since 1995. He also has been a senior advisor to Kohlberg Kravis & Roberts & Co. since July 2008.
Mr. Duncan was President and CEO of Equity Residential (NYSE: EQR), the largest publicly traded apartment company in the United States with revenues of $2.1 billion and an enterprise value of over $20 billion, from 2002 through 2005. From 1995 to 2000, he was Chairman, President and CEO of Cadillac Fairview Corporation, one of North America's largest owners and developers of retail and office properties. From 1978 to 1994, Mr. Duncan served in several management roles at JMB Realty Corporation, most recently as President and Co-CEO of JMB Institutional Realty Corporation. During Mr. Duncan's tenure at JMB, the firm grew its asset base from $800 million to more than $25 billion.
Mr. Duncan's past professional affiliations include serving as a member of the following Executive Committees: the Board of Governors - National Association of Real Estate Investment Trusts (NAREIT), the Canadian Institute for Public Real Estate Companies (CIPREC) and the National Multi-Housing Council (NMHC), as well as past Trustee of the International Council of Shopping Centers (ICSC). Mr. Duncan is currently Trustee of RUSH University Medical Center in Chicago. He also previously served as Trustee of commercial real estate firms The Rouse Company, Cousins Properties Incorporated, and The Rubenstein Company. He holds an MBA in Finance from the University of Chicago and a BA degree in Economics from Kenyon College.



