of shares during our IPO–and have kept on buying. Our incentive compensation is based on total return to shareholders and paid with stock. Our governance is market leading.
Chair, Nominating and
Corporate Governance Committee
Ms. Parcella is Executive Managing Director at Merlone Geier Partners. Merlone Geier is a private equity real estate firm focused on actively managing the acquisition, development, redevelopment and ownership of retail and retail-driven mixed-use properties on the West Coast. Prior to joining Merlone Geier in June 2018, Ms. Parcella was the Chairman, President and CEO of Mellon Capital, a $380 billion institutional investment management firm focused on index and multi-asset strategies. For seven years, Ms. Parcella oversaw and coordinated the fully integrated company including Investments, Operations, Distribution, Legal, Regulatory and Compliance. During her 20-year career at Mellon Capital, Ms. Parcella held numerous other leadership roles, including Chief Operating Officer, General Counsel and Chief Compliance Officer. Prior to Mellon Capital, Ms. Parcella was a tax attorney at Orrick.
Ms. Parcella graduated from the University of Texas at Austin in 1991, earning a M.A. in Professional Accounting and a B.A. in Business Administration, both with High Honors. In 1994, she earned a J.D. with Distinction from the Stanford Law School and was elected Business Manager of the school’s Law Review. She is admitted to the California State Bar and is fluent in Spanish.
Ms. Parcella was named one of the area’s “Most Influential Women” by the San Francisco Business Times in 2016. In 2017, Fortune and ALPFA ranked her third on their “50 Most Powerful Latinas in Corporate America.” Additionally, she serves on the Stanford Law School Board of Visitors and chairs the Board of Schools of the Sacred Heart, San Francisco.