Richard Kincaid was the president and chief executive officer of Equity Office Properties Trust, until its acquisition by the Blackstone Group in February of 2007. He is currently the President and Founder of the BeCause Foundation. The BeCause Foundation is a nonprofit corporation that heightens awareness about a number of complex social problems and promotes change through the power of film. Mr. Kincaid is also an active private investor in early stage companies.
Prior to being named President and CEO in 2003, Mr. Kincaid served as the company’s executive vice president and chief operating officer. Mr. Kincaid has also served as Equity Office’s chief financial officer. At 33 and one of the country’s youngest CFO’s, Richard developed the financial, technology and integration strategies for the company during its tremendous growth, which included nearly $17 billion in acquisitions.
Mr. Kincaid was with Equity Office since its 1997 IPO, and worked with the company’s chairman, Sam Zell, for over 16 years. Prior to joining Equity Office in 1995, Mr. Kincaid was senior vice president of finance for Equity Group Investments, Inc., where he oversaw debt financing activities for the public and private owners of real estate controlled by Mr. Zell. During his tenure at Equity Group Investments and Equity Office, Mr. Kincaid has supervised more than $11 billion in financing transactions. Prior to joining Equity Group Investments in 1990, Mr. Kincaid held positions with Barclays Bank PLC and The First National Bank of Chicago.
Mr. Kincaid is on the board of directors of Rayonier Inc. (NYSE: RYN), an international REIT that specializes in timber and specialty fibers. He also serves on the board of directors of Vail Resorts (NYSE: MTN), a mountain resort operator, and Strategic Hotels and Resorts (NYSE: BEE), an owner of upscale and luxury hotels in North America and Europe. He also serves on the board of directors of the Street Medicine Institute.
Mr. Kincaid received his master’s degree in business administration from the University of Texas, and his bachelor’s degree from Wichita State University.