Board of Directors

Board of Directors



Robert C. Goddard, III
Chairman
Post Properties, Inc.
Chairman and CEO
Goddard Investment Group, LLC

Walter M. Deriso, Jr.
Chairman
Atlantic Capital Bancshares, Inc.
and Atlantic Capital Bank

Russell R. French
Retired Venture Capitalist
Noro-Moseley Partners

Toni Jennings
Chairman
Jack Jennings & Sons, Inc.
Former Lieutenant Governor
State of Florida

John F. Morgan, Sr.
Owner
Morgan Timber, LLC

David P. Stockert
President and CEO
Post Properties, Inc.

Ronald de Waal
Chairman
WE International b.v.
(Netherlands)
Chairman
Ronus Inc.

Donald C. Wood
President and CEO
Federal Realty Investment Trust

Contact our Directors

Amended Director Independence Standards


(As adopted February 25, 2010)

The Company’s goal is that at least a majority of the Board of Directors will be independent. Each year, the Board will affirmatively determine whether a director is “independent” and will disclose these determinations in its annual proxy statement.

A director will not be considered independent if:

a) the director is, or has been within the last three years, an employee of the Company, or an immediate family member is, or has been within the last three years, an executive officer, of the Company or any of its affiliates;

b) the director has received, or has an immediate family member who has received, during any twelve-month period within the last three years, more than $120,000 in direct compensation from the Company or any of its affiliates, other than excluded compensation;

c) (1) the director or an immediate family member is a current partner of a firm that is the company’s internal or external auditor; (2) the director is a current employee of such a firm; (3) the director has an immediate family member who is a current employee of such a firm and personally works on the Company’s audit; or (4) the director or an immediate family member was within the last three years (but is no longer) a partner or employee of such a firm and personally worked on the Company’s or any of its affiliates’ audit within that time;

d) the director or an immediate family member is, or has been within the last three years, employed as an executive officer of another company where any of the Company’s or any of its affiliates’ present executive officers at the same time serves or served on that company's compensation committee;

e) the director is a current employee, or an immediate family member is a current executive officer, of any organization that has made payments to, or received payments from, the Company for property or services in an amount which, in any of the last three fiscal years, exceeds the greater of $1 million, or 2% of such other company's consolidated gross revenues (such payments and consolidated gross revenues to be measured based on reported figures for the last completed fiscal year); and

For purposes of these guidelines, the terms:

“affiliate” means any entity that controls, is controlled by or is under common control with the Company, as evidenced by the power to elect a majority of the board of directors or comparable governing body of that entity;

“excluded compensation” means director and committee fees (including fees paid to the Chairman of the Board of Directors and the chairman of any committee of the Board of Directors) and pension or other forms of deferred compensation for prior service, provided such compensation is not contingent in any way on continued service; and

“immediate family” has the meaning set forth in Rule 303A.02 of the New York Stock Exchange, as amended from time to time.

Independence Analysis of Directors

Post Properties, Inc. Board Independence Summary



Board Audit Executive Compensation and Management Development Nominating and
Corporate Governance
Walter M. Deriso, Jr. Yes Yes Yes Yes
Russell R. French Yes Yes Yes Yes
Robert C. Goddard, III Yes Yes Yes Yes
Toni Jennings Yes Yes Yes Yes
John F. Morgan, Sr. Yes Yes Yes Yes
David P. Stockert No No No No
Ronald de Waal Yes Yes Yes Yes
Donald C. Wood Yes Yes Yes Yes


Current Board Committee Membership:
Audit Executive Compensation and Management Development Nominating and Corporate
Governance
Strategic Planning and Investment
Russell R. French* Russell R. French* Walter M. Deriso, Jr.* Donald C. Wood*
Walter M. Deriso, Jr. Walter M. Deriso, Jr. Robert C. Goddard, III Robert C. Goddard, III
Toni Jennings Toni Jennings Donald C. Wood John F. Morgan, Sr.
John F. Morgan, Sr.     Ronald de Waal


* Chairman of the committee.