Board of Trustees

Jason E. Fox was appointed Chief Executive Officer of Net Lease Office Properties and Chair of the Board of Trustees in 2023. In addition to his role at NLOP, Mr. Fox currently serves as Chief Executive Officer, President and Board Member of W. P. Carey, where he previously held several positions since joining the firm in 2002.

Before joining W. P. Carey, Mr. Fox worked at the Spectrem Group, a consulting and M&A advisory firm in San Francisco, and spent two years teaching mathematics and physics at The Hotchkiss School in Connecticut. He is a magna cum laude graduate of the University of Notre Dame, where he earned a B.S. in Civil Engineering and Environmental Science. He also serves on the advisory board of the Fitzgerald Institute for Real Estate at the University of Notre Dame, a center that focuses on educating and inspiring the next generation of real estate professionals.

Mr. Fox received his M.B.A. from Harvard Business School. A former captain of the Notre Dame soccer team, Mr. Fox is a board member of the U.S. Soccer Foundation. He also serves as a trustee of the W. P. Carey Foundation and on the Real Estate Advisory Board of Johns Hopkins University’s Carey Business School.

Richard J. Pinola is the Lead Independent Trustee. Mr. Pinola is also the Chair of the Audit Committee and is a member of the Compensation and Nominating and Corporate Governance Committees.

Mr. Pinola was appointed Chief Executive Officer of GWR Medical, Inc. in January 2025. He served as an Independent Director and Principal at Fortuna Capital Advisors from 2008 to 2023. From 1994 to 2004, Mr. Pinola served as Director (commencing 1990), CEO (commencing 1992), and Chair of Right Management Consultants. Prior to joining Right Management Consultants, Mr. Pinola was President and Chief Operating Officer of Penn Mutual Life Insurance Company, an $8 billion diversified financial services firm.

Mr. Pinola served as an Independent Director and Chair of the Audit Committee of Corporate Property Associates 18 – Global Incorporated from 2013 to 2022. Mr. Pinola also served as an Independent Director of Corporate Property Associates 17 – Global Incorporated from 2010 until 2018. He also served as the Audit Committee Chair of Corporate Property Associates 17 – Global Incorporated from 2014 to 2018 and as the Non-Executive Chair of the Board from 2017 to 2018. Mr. Pinola has also held directorship roles at K-Tron International, Kenexa Inc., Bankrate.com, GWR Medical, and Nobel Learning Communities, where he offered audit committee leadership and specialized insights.

Mr. Pinola is a licensed C.P.A. in New York and holds a B.S. in Accounting from King’s College.

Axel K.A. Hansing is an Independent Trustee and the Chair of the Compensation Committee. He is also a member of NLOP’s Audit and Nominating and Corporate Governance Committees.

Mr. Hansing served as Senior Advisor at Coller Capital from June 2021 to April 2024, where he was responsible for origination, execution and monitoring of investments. He previously served as Senior Partner from 2000 to May 2021. He founded Hansing Associates, a corporate finance boutique, in 1994 and held the role of Chief Executive Officer. Mr. Hansing previously served as Managing Director at Equitable Capital Management in New York and London, and as Head of the International Division at Bayerische Hypotheken—und Wechselbank AG (now part of UniCredit SpA). Mr. Hansing previously held positions with Merrill Lynch International Banking in Hong Kong and London, and Marine Midland Bank (now part of HSBC) in London and New York.

Mr. Hansing served as an Independent Director of W. P. Carey Inc. from 2011 to June 2022, and he served on the Nominating and Corporate Governance Committee, commencing 2012, and the Investment Committee, commencing 2017.

Mr. Hansing graduated from the University of Hamburg and completed the Advanced Management Program at Harvard Business School.

Jean Hoysradt was appointed as an Independent Trustee, Chair of the Nominating and Corporate Governance Committee and member of the Audit and Compensation Committees of Net Lease Office Properties in 2023. Ms. Hoysradt previously served on the W. P. Carey Board of Directors from March 2014 until October 2023 and was a member of the Compensation and Nominating and Corporate Governance Committees. Prior to becoming a W. P. Carey Director, Ms. Hoysradt served as Vice Chair of the Investment Committee from June 2015 to January 2017, having been a member of the Committee since January 2011.

Previously, Ms. Hoysradt served as Chief Investment Officer of Mousse Partners Limited, a leading private investment office based in New York (2001-2015). Ms. Hoysradt served as Senior Vice President and Head of the Investment and Treasury Departments at New York Life Insurance Company (1991-2000) and previously held positions in investment banking and investment management at Manufacturers Hanover, First Boston and Equitable Life.

A graduate of Duke University, Ms. Hoysradt also holds an M.B.A. from the Columbia University School of Business. Ms. Hoysradt brings to the Board many years of real estate, private equity and investment expertise, along with domestic and international experience.

John J. Park was appointed Trustee of Net Lease Office Properties in 2023. In addition to his role at NLOP, Mr. Park served as Senior Advisor of W. P. Carey from October 2024 through February 2025, having previously served as President from 2018 through September 2024. Having joined the firm as an investment analyst in 1987, he went on to occupy key leadership positions within the company, including Director of Strategy and Capital Markets. During his tenure, he spearheaded several strategic transactions, fostering W. P. Carey’s growth and evolution to its standing today as one of the largest net lease REITs.

Mr. Park received a B.S. in Chemistry from Massachusetts Institute of Technology and an M.B.A. in Finance from Stern School of Business at New York University. He also serves as a trustee of the W. P. Carey Foundation.