Executive Officers & Directors

Executive Officers

NetREIT Jack Heilbron

Jack K. Heilbron

Chairman of the Board, Chief Executive Officer & Director

Jack K. Heilbron has served as a Director and officer of the Company since its inception. Mr. Heilbron presently holds a license as a registered securities principal with Centurion Institutional Services, Inc., a FINRA member broker-dealer. Mr. Heilbron is a founding officer, Director, shareholder of CI Holding Group, Inc. and of its subsidiary corporations (Centurion Group, Inc., Centurion Counsel, Inc., Bishop Crown Investment Research Inc., PIM Financial Securities Inc., Centurion Institutional Services Inc. and CHG Properties, Inc.) and currently serves as Chairman of these companies. Mr. Heilbron also serves as Chairman of Centurion Counsel, Inc., a licensed investment advisor. He also served as a director of the Centurion Counsel Funds, an investment company registered under the Investment Company Act of 1940, from March 10, 2001 until 2005. From 1994 until its dissolution in 1999, Mr. Heilbron served as the Chairman and/or Director of Clover Income and Growth REIT (“Clover REIT”). Mr. Heilbron graduated with a B.S. degree in Business Administration from California Polytechnic College, San Luis Obispo, California.

    NetREIT Ken Elsberry

    Kenneth W. Elsberry

    Chief Financial Officer & Director

    Kenneth W. Elsberry has served as the Company's Chief Financial Officer since its inception. He is a member of the California Society of Certified Public Accountants, American Institute of Certified Public Accountants and National Association of Accountants. From December 2004 to October 2007, Mr. Elsberry served as chief financial officer of Trusonic, Inc., a startup technology company based in San Diego, California. Mr. Elsberry also served as a Director of the Centurion Counsel Funds, an investment company registered under the Investment Company Act of 1940, from March 10, 2001 until 2005. Mr. Elsberry presently holds a license as a registered securities principal with Centurion Institutional Services, Inc., a FINRA member broker-dealer. He also has served as chief financial officer of Centurion Institutional Services and CHG Properties, Inc. From 1994 until 1998, Mr. Elsberry served as chief financial officer of Clover REIT. Since 1990, Mr. Elsberry has operated his own consulting firm, which provides financial and administrative consultation services to small and medium-sized companies. Mr. Elsberry received his Bachelor of Science degree in accounting from Colorado State University and is a registered securities principal.

      Kathryn K. Richman

      Secretary & General Counsel

      Kathryn K. Richman - Secretary & General Counsel, joined NetREIT as General Counsel in 2009. Ms. Richman is a graduate of the University of Oregon with a Bachelor of Arts degree, a graduate of California Western School of Law with a Juris Doctorate degree, and a member of the State Bar of California. For over a decade, Ms. Richman has worked as in-house counsel to large public companies, providing guidance on all aspects of state and federal regulatory compliance to companies in the mortgage, real estate, consumer finance, and insurance industries. In addition to her full-time responsibilities as General Counsel, Ms. Richman was formally an instructor for the evening Business Practices Paralegal Program for the University of San Diego.

        Gary M. Katz

        Sr. Vice President of Asset Management

        Gary Katz joined NetREIT as Senior Vice President of Asset Management in 2010. He is responsible for overseeing the leasing and management of the portfolio, and also sourcing new acquisitions and conducting due diligence. Prior to joining NetREIT, Gary served in senior acquisition, leasing, and development roles for Westcore Properties, where he was involved in transactions throughout the western U.S. He has worked in the commercial real estate field for more than 25 years and has held positions with Legacy Partners, Kemper Real Estate Management Company, Bedford Properties, and Meyer Investment Properties. Gary holds a Bachelor of Arts degree in Economics from UC San Diego, and is a former president and current Board member of NAIOP – San Diego Chapter. He also sits on the Board of the San Diego Charitable Real Estate Foundation.

          Directors

          Larry G. Dubose

          Mr. Dubose has served as a Director of the Company since June 2005 and was Chairman of the Audit Committee until March 2010. In connection with NetREIT entering into a management agreement with Dubose Model Homes, USA, Mr. Dubose became an employee of NetREIT on March 1, 2010. From 2008 to 2010, Mr. Dubose was President of Dubose Model Homes, USA, a residential real estate investment company headquartered in Houston, Texas that he founded in 1985, a position he also held until 2004. Prior to forming that company, Mr. Dubose served as Vice President and Chief Financial Officer of a full service real estate brokerage company in Houston for six years. From June 1973 to February 1976, he served as a staff accountant with PricewaterhouseCoopers f/k/a Price Waterhouse. Mr. Dubose graduated with a B.A. degree in Accounting from Lamar University in 1973. Although not active at present, Mr. Dubose was a Certified Public Accountant in the state of Texas. He also holds a real estate brokerage license.

            Sumner J. Rollings

            Mr. Rollings has served as a Director of the Company since April 2001 and is the current Chair of the Nominating and Corporate Governance Committee. He also served as a director of the Centurion Counsel Funds, an investment company registered under the Investment Company Act of 1940, from March 10, 2001 until 2005. From 2001 to 2014, Mr. Rollings owned and operated the Wagon Wheel Restaurant as the CEO of Rolling Wheel Restaurant, Inc., in Escondido, California. From May 1999 to May 2001 Mr. Rollings served as sales executive for Joseph Webb Foods of Vista, California and previously from 1985 to 1999, sales executive for Alliant Food Service Sales.

              Thomas E. Schwartz

              Mr. Schwartz has served as a Director of the Company since April 2001. He also served as a Director of the Centurion Counsel Funds, an investment company registered under the Investment Company Act of 1940, from March 10, 2001 until 2005. Mr. Schwartz is currently a member of the Financial Planning Association and the National Association of Insurance and Financial Advisors. Since March 1999 he has served as a Director of Gold Terra, Inc., a closely-held Nevada corporation which participates in mining operations for gold, silver and other valuable mineral deposits Mr. Schwartz has been a Certified Financial Planner® since 1990 and an Independent Certified Financial Planner since 2001.

                David T. Bruen

                Mr. Bruen has served as a Director of the Company since 2008. Mr. Bruen retired in January 2008 from San Diego National Bank after 6 years as a senior commercial lending officer. During the previous seventeen years, Mr. Bruen was in commercial lending for mid-size businesses in San Diego County for First Interstate Bank, Wells Fargo Bank, Mellon 1st Business Bank, and San Diego National Bank. He is a Life Member of the Pacific Life Holiday Bowl Committee and has been a member of the Presidents Association for Palomar College, Financial Executives International, San Diego MIT Enterprise Forum, and the Association for Corporate Growth. Mr. Bruen is a graduate of San Diego State University and has an M.B.A. from the University of Southern California.

                  William H. Allen

                  Mr. Allen was elected Director of the Company in 2009 and has served as the Chair of the Audit Committee since March 2010. For 28 years, Mr. Allen was employed with PricewaterhouseCoopers and was the tax partner in charge of the San Diego, California office until his retirement in 2000. From 2002 to 2006, Mr. Allen served as Chairman of the Board of Directors for Arrowhead General Insurance, and was on the Board of Directors and chairman of the audit committee for The Copley Press, Inc. until January 2010. He is a member of the American Society of Certified Public Accountants, and the California Society of Certified Public Accountants. Mr. Allen graduated from the University of Arizona with a Bachelor of Science degree in accounting.

                    Shirley Y. Bullard

                    Shirley Y. Bullard was elected as a director of NetREIT, Inc., in 2011. As a director, Ms. Bullard will serve on the Nominating & Corporate Governance Committee and the Compensation Committee. Ms. Bullard is the Chief Administrative Officer and Vice President of Human Resources with The Ken Blanchard Companies, a Leadership and Management Training Company based in Escondido, California, which she joined in 1998. Prior to joining The Ken Blanchard Companies, Ms. Bullard served as the Director of Personnel Support Services and Director of Personnel Commission for the Poway Unified School District, a Public K-12 school district in North County San Diego, California. Previously, Ms. Bullard provided 18 years of service with the U.S. Navy as Director of Labor Relations and Deputy Officer for Equal Opportunity/Affirmative Action. From 1995 to 2008, Ms. Bullard served on the Board of Directors for Mission Federal Credit Union, and she is currently on the Board of Directors for the School for Integrated Academics and Technologies, a position she has held since 2005. Ms. Bullard holds a Jurist Doctorate and a Bachelor of Science of Law degree from Thomas Jefferson School of Law.