Easterly Government Properties, Inc. announced Darrell Crate, the Co-Founder and current Chairman of the Board, has been appointed as Chief Executive Officer (CEO), effective January 1, 2024. In connection with Mr. Crate?s appointment, William C. Trimble, III will retire from his position CEO of Easterly effective December 31, 2023. Darrell Crate is currently the Chairman of the Board of Directors of Easterly Government Properties, Inc., a NYSE-listed company which he co-founded in 2015.

He is also the Founder of Easterly Asset Management. Prior to founding Easterly, he served as the Chief Financial Officer of Affiliated Managers Group, Inc., a publicly traded asset management holding company that grew through acquisition. Darrell is also a Trustee Emeritus of Bates College, where he served for 18 years.

Darrell earned his B.A. from Bates College and his M.B.A. from Columbia Business School.