Independent Director and Audit Chair
Lawrence S. Jones has served as an Independent Director of the Board and as Chair of the Audit Committee of CMFT since March 2012. Mr. Jones served as the Managing Director of Encore Enterprises, Inc. – Equity Funds, a real estate development company, from August 2008 to April 2010. Previously, he served as a Senior Audit Partner with PricewaterhouseCoopers LLP from September 1999 to July 2007, where he was the financial services industry leader for the Dallas and Houston markets from September 1999 to July 2006, and the firm’s representative to the Board of Governors of the National Association of Real Estate Investment Trusts from 1999 to 2007. Prior to joining PricewaterhouseCoopers, Mr. Jones served from March 1998 to June 1999 as Executive Vice President and treasurer of Wyndham International, Inc., an upscale and luxury hotel operating company. Mr. Jones began his career in 1972 at Coopers & Lybrand, a predecessor of PricewaterhouseCoopers, and served as the Partner in Charge of Coopers & Lybrand’s national REIT practice from 1992 until March 1998. From July 1982 to June 1984, Mr. Jones served as a Professional Accounting Fellow with the Office of the Chief Accountant of the Securities and Exchange Commission in Washington, D.C. Mr. Jones has previously served as a Director of the Dallas Arts District Alliance and is currently a member of the Dallas Park and Recreation Board, the National Association of Corporate Directors, NAREIT, the Urban Land Institute and the American Institute of Certified Public Accountants. Mr. Jones is a Past-President of the Haas School of Business Alumni Association (University of California at Berkeley). He served as an Independent Director of Moody National REIT I, Inc. from March 2010 to February 2012. Mr. Jones received a B.A. degree in Economics and Corporate Finance from the University of California at Berkeley and a Master’s Degree in Corporate Finance from the UCLA Anderson School of Management.