Financial Services >> CEO Interviews >> May 17, 2004

TIMOTHY CALLAHAN – TRIZEC PROPERTIES INC (TRZ)

TIMOTHY H. CALLAHAN is President and Chief Executive Officer of Trizec Properties, Inc., one of North America's largest owners of commercial office properties. He is also a member of Trizec's Board of Directors. Mr. Callahan was appointed in August 2002. Prior to joining Trizec, Mr. Callahan served as President and Chief Executive Officer of Equity Office Properties Trust from 1996. Under his leadership, Equity Office went public as a U.S. real estate investment trust in July 1997 and quadrupled its size through strategic acquisitions. Equity Office was the first REIT included in the S&P500. Mr. Callahan was employed by Equity Group Investments (EGI) from 1992 to 1995. As Executive Vice President and Chief Financial Officer, he was responsible for coordinating all financing and capital markets activities affecting EGI and its portfolio investments, including real estate and corporate. Prior to joining EGI in 1992, Mr. Callahan was Director of Development, Northeast and subsequently Vice President of Finance with The Edward J. DeBartolo Corporation in Youngstown, Ohio. Before joining DeBartolo, Mr. Callahan was Senior Vice President at Chemical Realty Corporation, a division of Chemical Bank. During his 14 years at Chemical, he was responsible for all real estate lending activities with clients throughout the Midwest and mid-Atlantic regions before transferring to the investment bank, where he was responsible for various real estate investment banking activities. Mr. Callahan received a Bachelor of Arts degree from Notre Dame University in Notre Dame, Indiana. He also attended New York University School of Business Administration in New York City. Profile
TWST: Can we start with a quick overview of the company, kind of how you

see Trizec today?

Mr. Callahan: Trizec Properties was launched as a US-based REIT in May

2002. It was spun out of