Americold Realty Trust Names Three New Members to Board of Trustees

ATLANTA–(BUSINESS WIRE)–Americold Realty Trust (NYSE:COLD), the world’s largest owner and
operator of temperature-controlled warehouses, today announced three new
additions to its Board of Trustees, Kelly H. Barrett, Antonio F.
Fernandez and David J. Neithercut. Ms. Barrett has been appointed to the
Audit and Compensation committees, Mr. Fernandez has been appointed to
the Governance and Investment committees and Mr. Neithercut has been
appointed to the Compensation and Investment committees. With these
additions, Americold’s Board of Trustees will total nine members, eight
of which are independent.

We are very pleased to announce the addition of three experienced
individuals to our already strong Board of Trustees, as we sought to add
complimentary skillsets while adding diversity and fresh perspective.
Ms. Barrett brings with her extensive operating and corporate finance
experience, Mr. Fernandez has a deep background in supply chain and
logistics, and Mr. Neithercut has extensive corporate governance and
REIT industry expertise. We believe our executive team and Board will
benefit greatly from their leadership and guidance as we continue to
drive long term shareholder value as the world’s largest and only
publicly traded REIT focused on the ownership, operation and development
of temperature-controlled warehouses,” stated Mark R. Patterson,
Chairman of the Board of Trustees of Americold Realty Trust.

Ms. Barrett was most recently employed by The Home Depot (NYSE:HD) from
January 2003 until December 2018, serving in a variety of senior
management positions including Vice President – Corporate Controller,
Vice President of Internal Audit and Corporate Compliance and, finally,
Senior Vice President – Home Services. Previously, Ms. Barrett was
employed by Cousins Properties Incorporated for eleven years in various
senior financial roles, including that of Senior Vice President – Chief
Financial Officer. She has served as a director of Piedmont Office
Realty Trust, Inc. (NYSE:PDM) since 2016 and was elected to the Board of
Directors of Aarons, Inc. (NYSE:AAN) in May 2019. Ms. Barrett served on
the Board of State Bank Financial Corporation (NASDAQ:STBZ) from 2011 to
2016. She is a licensed CPA in Georgia and currently serves on the
Boards of the Georgia Tech Foundation and YMCA Metro Atlanta, where she
is currently Chair of the Board. Ms. Barrett is a graduate of The
Georgia Institute of Technology with a Bachelor of Science in Industrial

Mr. Fernandez currently serves as the President of AFF Advisor, LLC, a
private advisory firm. He previously served as Executive Vice President
and Chief Supply Chain Officer of Pinnacle Foods, Inc. (NYSE:PF) from
2011 to 2016, where he was responsible for end-to-end supply chain
management while also overseeing Pinnacle’s food quality and safety
programs. Mr. Fernandez was Senior Vice President Global Supply Chain
Strategy at Kraft Foods, Inc., from Kraft’s acquisition of Cadbury, plc
in 2010 until he joined Pinnacle in 2011. Mr. Fernandez was at Cadbury
from 1998 until 2010, serving in a series of senior management
positions, including Chief Supply Chain Officer. His early career
featured manufacturing, procurement, engineering and consulting
positions with Proctor & Gamble Co. (NYSE:PG) and PepsiCo, Inc.
(NASDAQ:PEP). Mr. Fernandez currently serves on the Boards of Directors
of Liberty Property Trust (NYSE:LPT) and Collier Creek Holdings
(NYSE:CCH-UN) and on the Board of Trustees of Lafayette College. He
received his bachelor’s degree from Lafayette College.

Mr. Neithercut most recently served as Chief Executive Officer of Equity
Residential (NYSE:EQR) from January 2006 until his retirement in
December 2018, and continues to serve as a Trustee. He held the role of
President of Equity Residential from May 2005 to September 2018,
Executive Vice President – Corporate Strategy from January 2004 to May
2005, and Executive Vice President and Chief Financial Officer from
February 1995 to August 2004. Prior to joining Equity Residential, Mr.
Neithercut served as Senior Vice President of Finance for Equity Group
Investments. Mr. Neithercut previously served on the Board of Directors
of General Growth Properties (NYSE:GGP), now Brookfield Properties, from
2010 to 2107. He serves on the Policy Advisory Board of the Joint Center
for Housing Studies at Harvard University and the MBA Real Estate
Program Advisory Board at Columbia University. Mr. Neithercut is a
former member of the Advisory Board of Governors of NAREIT and served as
Chairman in 2015. Mr. Neithercut received NAREIT’s 2018 Industry
Leadership Award, and was recognized by Columbia Business School as the
2018 Distinguished Real Estate Partner. Mr. Neithercut received his
bachelor’s degree from St. Lawrence University and an M.B.A. from the
Columbia University Graduate School of Business

About Americold Realty Trust

Americold is the world’s largest publicly traded REIT focused on the
ownership, operation and development of temperature-controlled
warehouses. Based in Atlanta, Georgia, Americold owns and operates 179
temperature-controlled warehouses, with over 1 billion refrigerated
cubic feet of storage, in the United States, Australia, New Zealand,
Canada, and Argentina. Americold’s facilities are an integral component
of the supply chain connecting food producers, processors, distributors
and retailers to consumers.


Americold Realty Trust
Investor Relations
Sean Tetpon

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