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W&L Board of Trustees Adds Three Members

The Washington and Lee University Board of Trustees welcomed three new members on May 13, during its spring meeting on campus in Lexington: John P. Case III, William M. Toles and Andrea K. Wahlquist.

John P. Case III, of Rancho Santa Fe, California, is the CEO of Realty Income Corp., a NYSE-listed commercial real estate company based in San Diego. He graduated from Washington and Lee in 1986 with a B.A. in economics and from the University of Virginia’s Darden School of Business in 1992 with an M.B.A.

Case began his career at Bank of America’s real estate finance group. He then entered investment banking with Merrill Lynch, and was named a managing director in 2000. He became co-head of real estate investment banking at UBS. Most recently, he served as the co-head of real estate investment banking for RBC, where he also served on the firm’s global investment banking management committee. He then became president and CIO of Realty Income.

Case is extensively involved in the broader real estate industry, serving on the board of governors of the National Association of Real Estate Investment Trusts and the president’s council of the Real Estate Roundtable. He was also on the executive committee of the board of the National Multi-Housing Council. He serves on the board of Organizations in Training, a nonprofit supporting disadvantaged families in San Diego.

While a student at W&L, Case belonged to the Student Recruitment Committee and to Phi Delta Theta fraternity, serving as its treasurer. As an alumnus, he serves as a guest lecturer at the Williams School, on the host committee for the Real Estate Forum, and on the Parents Leadership Council, and has been an interviewer for the Alumni Admissions Program. Case and his wife, Anne, reside in Rancho Santa Fe, California, and have two children, Elizabeth (a member of W&L’s Class of 2018) and Jack (W&L’s Class of 2020).

William M. Toles, of Dallas, is a partner with the law firm Fee, Smith, Sharp & Vitullo LLP. He graduated from Washington and Lee in 1992 with bachelor’s degrees in history and broadcast journalism, and from the W&L School of Law in 1995.

A trial lawyer with extensive experience in high-exposure litigation, Toles has shepherded more than 40 civil trials to a successful conclusion and jury verdict. He has trial experience throughout the state of Texas in tort litigation ranging from simple negligence cases to more complex premises liability, DTPA, and commercial and contractual dispute matters. Toles is a Martindale-Hubbell AV Preeminent-rated attorney.

Toles belongs to the steward board of Christian Chapel CME Church. He has served as a member and chair of a United Way grant panel, as a member of the Leadership Dallas Class of 2012, as a class advisor for the Leadership Dallas Class of 2013, as a cluster facilitator for Leadershape at a national session, and as co-lead facilitator at the University of Texas (Austin) and the Ohio State University. He has served as a Big Brother through the Carrollton-Farmers Branch Independent School District.

For his alma mater, Toles has served on the W&L Alumni Board, as president of the Dallas Alumni Chapter, as president of the Law Council and chair of the Law Annual Fund. He serves as a law class agent and as a member of the Dallas Chapter AAP Committee. While a student at W&L, Toles was an honor advocate, the secretary of the Executive Committee and a member of Alpha Phi Alpha Fraternity Inc.

Andrea K. Wahlquist, of New York City, is a partner at the law firm of Wachtell, Lipton, Rosen & Katz. She holds a B.A. in English language and literature from the University of Virginia (1992) and a J.D. from the Washington and Lee School of Law (1995).

Wahlquist began her legal career as a law clerk to Judge Stephen J. Swift of the United States Tax Court. She then became an executive compensation and employee benefits lawyer at Simpson Thacher & Bartlett LLP. In her current post, she specializes in executive compensation and benefits, representing target companies in strategic mergers and with a background in representing some of the largest private equity sponsors in the acquisition, management and disposition of their portfolio companies.

She is included in The Best Lawyers in America — Employee Benefits Law, is recognized as a leading lawyer in both The Legal 500 and Chambers USA Guide to America’s Leading Lawyers for Business, and was named in The American Lawyer’s 2007 Dealmakers of the Year issue.

As a law student at W&L, Wahlquist served as editor in chief of the Environmental Law Digest, a publication of the Virginia State Bar Association, and of W&L’s Law News. She serves her alma mater as a member of Washington and Lee’s Law Council.

Wahlquist is a member of the Kate Stoneman Project’s subcommittee for pro bono activities and philanthropy in New York City, and serves on the board of the Bay Street Theater & Sag Harbor Center For the Arts.