Governance-blue

Dream Industrial REIT is committed to sound and effective corporate governance. Our goal is to not only meet the requirements established by securities laws and regulators but also to uphold the spirit of “good corporate governance” and we always strive to communicate in an open, honest and transparent manner.

Board of Trustees


IndependentAudit CommitteeGovernance, Compensation & Environmental CommitteeExecutive Committee
Dr. R. Sacha BhatiaY
Michael J. CooperChair
J. Michael KnowltonYMemberMember
Ben MulroneyYChair
Brian PaulsMember
Vicky SchiffYMemberMember
Vincenza SeraYMember
Sheldon WisemanYChair
Dr. R. Sacha Bhatia
Michael J. Cooper
J. Michael Knowlton
Ben Mulroney
Brian PaulsChief Executive Officer
Vicky Schiff
Vincenza SeraChair
Sheldon Wiseman
Dr. Sacha Bhatia is Chief Medical Innovation Officer at Women’s College Hospital in Toronto and the FM Hill Chair in Health Systems Solutions. Dr. Bhatia is also the division director of cardiology at Women’s College Hospital and a staff cardiologist at University Health Network. In addition, Dr. Bhatia serves as Associate Professor in the Department of Medicine at the University of Toronto and at the Institute for Health Policy Management and Evaluation and is an adjunct scientist at the Institute for Clinical Evaluative Sciences. Dr. Bhatia previously served on the Board of Trustees of Dream Global REIT, and currently serves on the advisory board of the Heart and Stroke Foundation of Ontario. Dr. Bhatia received his medical degree and MBA at McGill University and received his internal medicine and cardiology training in Toronto and at Massachusetts General Hospital in Boston.
Mr. Michael J. Cooper is the President and Chief Responsible Officer of Dream, and founder of DAM.  He is also the Chair and Chief Executive Officer of Dream Office REIT. He has an extensive track record in the real estate industry dating back to 1986. He helped found DAM in 1996 and continues to lead the business as President and Chief Responsible Officer. Under his leadership, the business has grown to approximately $9 billion of commercial real estate and residential development assets under management; in addition, Dream has also completed in excess of $36 billion of transactions. Among his accomplishments, Mr. Cooper is responsible for the formation of two TSX-listed real estate investment trusts: Dream Office REIT and Dream Industrial REIT and the formation of Dream Alternatives, a TSX-listed mutual fund trust focused on hard asset alternative investments. Mr. Cooper was also involved in the formation of Dream Global REIT, previously a TSX-listed real estate investment trust, the assets and subsidiaries of which were sold in 2019. He earned a Bachelor of Laws degree from the University of Western Ontario and a Master of Business Administration from York University. Mr. Cooper currently sits on the board of directors of Dream, Dream Office REIT, Dream Industrial REIT and E-L Financial Corporation Limited.
Mr. J. Michael Knowlton is a corporate director and has over 25 years of experience in real estate. He retired from DAM, Dream Industrial REIT’s asset manager, in 2011, where he held the position of President and Chief Operating Officer of Dundee REIT (now Dream Office REIT). He joined DAM in 1998, holding various positions with DAM and Dundee REIT, before becoming President of Dundee REIT in 2006. Prior to that, he worked at OMERS Realty Corp. from 1990 until 1998 as Senior Vice President and Chief Financial Officer. Mr. Knowlton also serves on the board of Crombie REIT and Tricon Capital Corp. and is a former trustee of True North Apartment REIT, Northwest Healthcare Properties REIT and Dream Global REIT. Mr. Knowlton holds a Bachelor of Science degree in Engineering and a Master of Business Administration from Queen’s University. Mr. Knowlton is qualified as a Chartered Professional Accountant and holds an ICD.D designation from the Institute of Corporate Directors.
Mr. Ben Mulroney is a television anchor and producer and has written a nationally-syndicated column for the Sun Media Corporation, covering politics and current events. Mr. Mulroney is the anchor and producer of CTV’s flagship entertainment news program, ETALK, a position he has held since its debut in 2002. Mr. Mulroney graduated from Duke University in Durham, North Carolina, with a Bachelor of Arts degree in History and a focus on Political Science and earned a Bachelor of Civil Law from l’Universite Laval in Quebec City. While obtaining his law degree, Mr. Mulroney worked at a number of law firms, specifically Edelstein, Laird & Sobel, LLP in Los Angeles and Ogilvy Renault, LLP (now Norton Rose Fulbright Canada LLP), in Quebec City. He has worked as a National Ambassador for a number of charities, including the Salvation Army, UNICEF, WaterCan, and now the Cystic Fibrosis Foundation of Canada. In addition, Mr. Mulroney currently sits on the board of directors of ARHT Media, as well as various fundraising committees of Covenant House, Baycrest and the Shoebox Project for Shelters.

Mr. Brian Pauls is the Chief Executive Officer of Dream Industrial REIT. Mr. Pauls also serves as the President of PAULS Corp LLC. He is an accomplished real estate professional with 24 years of industry experience, and was responsible for developing over eight million square feet of industrial properties in Canada and the U.S. He is well known on both sides of the border among the brokerage, banking, tenant and construction communities. Mr. Pauls has managed mixed-use real estate development through his role as President of PAULS Properties Corporation (the Canadian development company of PAULS Corp LLC), as well as President of Gateway Business Park, LLC (a 1,200-acre mixed-use business park in Denver, Colorado). Mr. Pauls has a Bachelors degree in Economics and Business from Westmont College and a Masters degree in Real Estate and Construction Management from the University of Denver.

Ms. Vicky Schiff is the Co-Founder of MREC Management, LLC and its affiliate co-mingled open-ended fund Mosaic Real Estate Credit which is focused on origination and managing real estate debt investments. Her investment career began in the early 1990s as an acquisitions executive in Los Angeles and she subsequently embarked on an entrepreneurial path in real estate related businesses. She has founded five firms including a multi-state self-storage platform, a capital advisory firm, an institutional fund of funds, a post-crisis distressed investment firm and a debt fund manager. Ms. Schiff is a frequent speaker at institutional real estate and capital markets conferences, has written for various publications and has appeared as an industry expert on Bloomberg TV.  Her past board experiences include the Los Angeles City Employees’ Retirement System (LACERS), the Board of Advisors of Vanir Construction Management and the Board of Directors of Dream Unlimited Corp. Currently, Ms. Schiff serves on the Board of Trustees of Dream Industrial REIT and on the Board of Advisors of a U.S. based privately held multi-family property owner/operator with over 75,000 units in the U.S.  Her non-profit board experience includes Young Presidents Organization (YPO), The Robert Toigo Foundation, The Lusk Center for Real Estate at USC, The Price Center for Entrepreneurial Studies at UCLA, and was the Founder of an elite organization of C-Suite women real estate investors. She earned a Bachelor of Science degree from the University of Southern California in 1988 and an MBA from The Anderson School of Management at UCLA.
Ms. Vincenza Sera is an active corporate director who currently sits on the board of Investment Management Corporation of Ontario (IMCO) which manages over $70 billion in assets for various Ontario stakeholders. Prior to this appointment, she was Chair of the Ontario Pension Board for nine years. Ms. Sera currently sits on the Boards of Dream Industrial REIT, Dream Unlimited Corp. and Equitable Group Inc. She previously served on the Board of Directors of the Ontario Financing Authority. Ms. Sera was an investment banker with more than 25 years of experience in capital markets, corporate finance and corporate governance. She has held senior positions with National Bank Financial, First Marathon Securities and Canadian Imperial Bank of Commerce. Ms. Sera holds an MBA from the University of Toronto and is a graduate of the Directors Education Program (ICD.D).
Mr. Sheldon Wiseman is the President and Chief Executive Officer of Gistex Inc., a diversified, medium-sized real estate private equity company. He has held this position since 1996. From 2013 to 2014, Mr. Wiseman served as a director of Dream. From 2006 to 2009, Mr. Wiseman served as a trustee of InterRent Real Estate Investment Trust, a publicly traded real estate investment trust owning and managing rental apartments in Ontario. From 1996 to 1997, Mr. Wiseman was President of Dundee Realty and was involved in its start-up and establishment as a public company. From 1985 to 1996, he was the Vice President of Gistex Inc. From 1983 to 1985, he was a member of an audit team at the predecessor of PricewaterhouseCoopers, auditing real estate, manufacturing, finance and non-profit companies. He received his B.Comm from the University of Toronto in 1983 and his Chartered Accountant designation in 1985.

Read more about our Board of Trustees

Committees


Dream Industrial REIT’s Committees assist in the effective fun­c­tioning of the Board and help ensure that the views of Independent ­Trustees* are effectively represented.

The Board has established three committees:

  • Audit Committee;
  • Governance, Compensation and Environmental Committee; and
  • Executive Committee.

*Independent Trustee

A Trustee that is independent within the meaning of NI 58–101. An Independent Trustee is one who is not an employee or executive officer of Dream Industrial REIT and who is free from any direct or indirect relationship which could, in the view of the Board, be reasonably expected to interfere with independent judgment.

Read more about our Committees

Charters, Policies and Declaration of Trust

 

Dream Industrial REIT is committed to sound and effective corporate governance. Our goal is to not only meet the requirements established by securities laws and regulators but to also uphold the spirit of ‘good corporate governance.’

Read more about our Charters, Policies & Declaration of Trust