Tammy Jones
About Tammy K. Jones
Independent director at Crown Castle Inc. since 2020 (age 59). Current committee roles: Audit Committee member; Finance Committee member; CEO Search Committee member; Chair of the Nominating, Environmental, Social and Governance (NESG) Committee. Recognized by the Board as an Audit Committee Financial Expert and as an independent director under NYSE rules; education includes B.A. from Cornell University and M.B.A. from Georgia State University .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Basis Investment Group, LLC | Founder & CEO | Since 2009 | Led diversified commercial real estate investment platform; closed $8B in transactions; portfolio includes >15,000 multifamily units . |
| CWCapital LLC | Senior Managing Director; Head of Capital Markets Lending | 2004–2009 | Capital markets and lending leadership . |
| Commercial Capital Initiatives (GMAC Commercial Mortgage) | Senior Vice President | 1997–2004 | Structured, leasing, investment expertise . |
| Equitable Real Estate Investment Management | Director | 1990–1997 | Pension advisor/investment management . |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Veris Residential, Inc. (NYSE: VRE) | Chair of the Board; formerly Lead Independent Director | Not disclosed | Led transformation to pure-play multifamily REIT; oversaw CEO transition, $2.5B asset sales and $1B debt paydown; sustainability leadership . |
| Monogram Residential Trust, Inc. (NYSE: MORE) | Director | 2016–2017 | Strategic Review Committee; oversaw take-private at 22% premium . |
| Real Estate Executive Council | Chair | Not disclosed | Industry leadership . |
| Executive Leadership Council | Member | Not disclosed | Senior executive network . |
Board Governance
- Committee assignments: Audit (member), Finance (member), CEO Search (member), NESG (Chair) .
- Audit Committee Financial Expert designation (SEC-defined) and committee independence affirmed for all current members .
- Independence: Board determined all nominees, including Ms. Jones, are independent under NYSE listing standards .
- Engagement: In 2024 the Board held 22 meetings; each incumbent director attended at least 75% of aggregate Board and committee meetings; directors also attended the 2024 Annual Meeting .
- Committee activity levels in 2024 (meeting counts): Audit (10), CHC (8), NESG (10), Finance (3), CEO Search (11 reinstated in Mar-2025), Fiber Review (19) .
Fixed Compensation
| Component (2024) | Amount ($) | Detail |
|---|---|---|
| Board Retainer | 85,000 | Standard cash retainer . |
| Committee Chair Retainer (NESG) | 30,000 | Chair fee . |
| Audit Committee Member Retainer | 15,000 | Member fee . |
| Strategy Committee Member Retainer | 5,000 | Paid for two quarters prior to dissolution in May 2024 . |
| Finance Committee Member Retainer | 5,000 | Paid for two quarters post-formation in May 2024 . |
| CEO Search Committee Member Retainer | — | No member fee reported in 2024 row . |
| Total Cash Fees | 140,000 | Sum of cash retainers . |
| Annual Equity Grant (Unrestricted Shares) | 229,918 | 2,135 shares valued at $107.69 closing price on 02/21/2024 . |
| All Other Compensation | — | No other compensation reported . |
| Total Director Compensation | 369,918 | Cash + stock grant value . |
Context on program structure and market alignment:
- 2024 director compensation program included adoption of retainers for Fiber Review and CEO Search Committees and a Finance Committee retainer; Board Chair’s Annual Equity Grant increased to $380,000 (not applicable to Ms. Jones) to maintain competitiveness versus peer group .
Performance Compensation
| Equity Award Type | Performance Metrics | Vesting/Structure |
|---|---|---|
| Unrestricted Common Stock (Annual Equity Grant) | None disclosed for directors | Granted following first regular Board meeting; valued at ~$230,000; not options or PSUs for directors . |
No director options or performance-based equity metrics disclosed; director equity is granted as unrestricted shares to support alignment rather than incentive performance pay .
Other Directorships & Interlocks
| Company | Relationship to CCI | Interlock/Conflict Notes |
|---|---|---|
| Veris Residential (VRE) | External board Chair | No related-party transactions disclosed involving Ms. Jones or Veris; Board independence affirmed . |
| Monogram Residential (MORE) | Prior external board | No current transaction disclosures with CCI . |
Related-party transactions policy vests primary review with NESG; directors must notify GC/Corporate Secretary; any related person abstains from voting .
Expertise & Qualifications
- REIT industry, capital allocation, and sustainability: Oversight of major strategic pivots, debt reduction, and asset sales; driving sustainability initiatives at Veris and Crown Castle .
- Financial/M&A: >$25B in commercial real estate transactions; joint venture negotiation, capital markets, leasing, structuring, investment .
- Governance/oversight: NESG Committee chair; Board-level risk oversight; audit financial literacy and Audit Committee Financial Expert designation .
Equity Ownership
| Holder | Shares Beneficially Owned (#) | % Outstanding | As Of |
|---|---|---|---|
| Tammy K. Jones | 9,404 | <1% | March 26, 2025 . |
Stock ownership guidelines for non-employee directors require ownership equal to three times the Annual Equity Grant (~$230,000) by the fifth anniversary of appointment; compliance status by individual directors is not disclosed .
Insider Trades and Section 16(a) Compliance
| Director | 2024 Section 16(a) Compliance | Notes |
|---|---|---|
| Tammy K. Jones | Compliant | Company reported timely compliance for directors except Messrs. Patel, Genrich, and Kavanagh; Ms. Jones not listed among exceptions . |
Governance Assessment
- Board effectiveness: NESG chair and Audit member roles position Ms. Jones at the center of director nominations, governance practices, sustainability oversight, and financial reporting risk—positive for investor confidence .
- Independence and expertise: NYSE independence affirmed; Audit Committee Financial Expert designation strengthens oversight of financial integrity and cybersecurity risk reporting .
- Engagement: High Board activity (22 meetings in 2024) with directors meeting attendance thresholds; multiple committee involvements indicate active engagement .
- Alignment: Compensation mix leans to equity via unrestricted stock grants; beneficial ownership of 9,404 shares supports alignment; director stock ownership guidelines target 3x annual equity grant, though individual compliance status is not disclosed .
- Conflicts/related party exposure: No related-party transactions disclosed involving Ms. Jones; robust conflict identification and approval processes under Ethics and Related Party Transactions Policies; independence categorical standards in Appendix A provide safe-harbor clarity .
Red flags and risk indicators
- No Section 16(a) delinquency noted for Ms. Jones (positive) .
- Multi-board commitments reviewed annually; directors comply with limits (≤4 public boards); Ms. Jones’s roles appear within policy, mitigating overboarding risk .
- No director option repricing, hedging/pledging disclosures, or related-party transactions identified for Ms. Jones (positive governance signals) .