Board & Management
Leading with experience and vision.
The Melcor REIT leadership team has significant depth with over 500 years of combined real estate experience. Supported by a strong board of trustees, we are committed to good stewardship and solid governance practices. With our exceptional people, and our experienced leadership team, our work continues to set the industry standard in property and asset management.
Management
The REIT’s management team is employed by Melcor Developments. Through asset and property management agreements, the Melcor team provides signature customer care to the REIT’s tenants and manages our properties for long-term asset appreciation.
Andy J. Melton
Chief Executive Officer & Trustee
Andrew J. Melton is a respected business and community leader with over three decades of experience in commercial real estate and he was instrumental in the formation of the REIT. He has been a member of Melcor’s board of directors since 1985. Mr. Melton began his career in 1978 with Graeme Young & Associates and retired as a partner from Avison Young, a full-service commercial real estate company, in 2010.
Naomi Stefura, MPAcc, CA
Chief Financial Officer
Naomi Stefura is a Chartered Accountant with over 15 years of experience in the real estate sector. She is the Chief Operating Officer & Chief Financial Officer of Melcor Developments Ltd. and Chief Financial Officer of the Melcor REIT. Ms. Stefura also serves on the board of Explore Edmonton as Vice Chair of the Board. Ms. Stefura holds a Bachelor of Commerce degree from the University of Alberta and a Masters of Professional Accounting from the University of Saskatchewan.
Trustees
Strong governance practices lay the foundation for the REIT’s sustainability and long-term value creation for our unitholders. Our board of trustees is comprised of business leaders from a variety of industries, each bringing a wealth of knowledge and experience. The majority of trustees are independent.
Richard Kirby, MBA, LLB, ICD.D
Independent
Richard Kirby is President & Co-founder, Midnight Integrated Financial Inc.
Richard co-founded Midnight Integrated Financial Inc. in
2016. Midnight carries on a broad range of innovative
financial businesses from private equity to foreign exchange
and derivative trading.
Richard was a partner with Felesky Flynn LLP since 2002 and
was managing partner from 2010 - 2017 when he left the
firm.
He is a director of several private and charitable
organizations. Richard received his MBA from Cornell
University, his LLB, Tax from Dalhousie University and a BSc
from the University of Alberta.
Committees: Audit, Governance
Bernie Kollman, ICD.D
Independent
Ms. Kollman is a dedicated Edmonton region community builder and currently serves on the Boards of Edmonton Global, Arrkann Trailer & RV Centre and as a forum Chair of MacKay CEO Forums, a peer mentoring group. Previously, Bernie served as Board Chair of Travel Alberta, the Edmonton Chamber of Commerce, as board member of Compute Canada, the United Way and Alcanna, a public company. Bernie retired from IBM Canada where she served as vice president of the public sector business in Alberta and senior executive for Edmonton.
Committees: Audit, Governance
Andy J. Melton
Chief Executive Officer & Trustee
Andrew J. Melton is a respected business and community leader with over three decades of experience in commercial real estate and he was instrumental in the formation of the REIT. He has been a member of Melcor’s board of directors since 1985. Mr. Melton began his career in 1978 with Graeme Young & Associates and retired as a partner from Avison Young, a full-service commercial real estate company, in 2010.
Naomi Stefura, MPAcc, CA
Chief Financial Officer
Naomi Stefura is a Chartered Accountant with over 15 years of experience in the real estate sector. She is the Chief Operating Officer & Chief Financial Officer of Melcor Developments Ltd. and Chief Financial Officer of the Melcor REIT. Ms. Stefura also serves on the board of Explore Edmonton as Vice Chair of the Board. Ms. Stefura holds a Bachelor of Commerce degree from the University of Alberta and a Masters of Professional Accounting from the University of Saskatchewan.
Ralph B. Young, P.Eng, MBA
Ralph Young was the Chancellor of the University of Alberta from 2012 - 2016 and retired as Melcor Development’s Chief Executive Officer in 2013. Ralph received a Master of Business Administration from the University of Alberta in 1973. He serves on the boards of several public, private and not-for-profit organizations.
Brandon Kot
Independant
Mr. Kot has extensive experience in the real estate market and has established himself as a leader in Canada’s commercial mortgage industry. Mr. Kot obtained his Bachelor of Commerce from the University of Alberta in 2005 and is currently Managing Partner of Canada ICI Capital Corporation, a national real estate finance group, having worked there for almost 20 years. He also serves as a member of the Board of Trustees for the Stollery Children’s Hospital Foundation and is an active member of the Real Estate Council of Alberta and Mortgage Professionals Canada.
Barry James, FCA, FCPA, ICD.D
Independent
Barry James recently retired as the Chief Corporate Development Officer at Lloyd Sadd Insurance Brokers Ltd. Barry was previously at PricewaterhouseCoopers LLP before retiring in 2013. Mr. James received a Bachelor of Commerce (with Distinction) degree from the University of Alberta in 1980, qualified as a CA in 1983 and became a Fellow of the Chartered Accountants in 2007. He was admitted to the PwC partnership in 1989 and was the Managing Partner of the Edmonton office for 10 years from July 2001 to June 2011.