BIRMINGHAM, Ala.--(BUSINESS WIRE)--Sep. 5, 2014--
Medical Properties Trust, Inc. (NYSE: MPW) has announced the election of
D. Paul Sparks, Jr. to its board of directors. Sparks is the senior vice
president of resource development for oil and gas exploration and
production operations at Energen Corporation (NYSE: EGN).
During his 25-year career with Energen, including six as senior vice
president of operations, Energen has grown from a small niche player in
coalbed methane development in Alabama to one of the top independent oil
and gas producers in the United States.
“We are delighted to have Paul join our board,” said Edward K. Aldag,
Jr., Chairman, President and Chief Executive Officer of Medical
Properties Trust. “His long experience in a growing public company with
more than $5 billion in market capitalization will prove very valuable.
Additionally, his election marks another step in our continuing efforts
to lead the industry in good corporate governance.”
A native of Mississippi, Sparks earned a degree in petroleum engineering
from Mississippi State University’s Bagley College of Engineering, which
named him a “Distinguished Fellow” in 2005.
Sparks, who holds a patent in oil and gas technology, is chairman-elect
of the New Mexico Oil and Gas Association, the largest state oil and gas
trade group in the U.S. He also serves on the board of the Independent
Petroleum Association of America and formerly served as an officer of
the Society of Petroleum Engineers and an advisor to the Gas Research
Institute.
Active in the Birmingham community, Sparks is a member of the Sunrise
Rotary Club and the Downtown Exchange Club, as well as a past Chairman
of Mountain Brook Athletics.
About Medical Properties Trust, Inc.
Medical Properties Trust, Inc. is a Birmingham, Alabama based
self-advised real estate investment trust formed to capitalize on the
changing trends in healthcare delivery by acquiring and developing
net-leased healthcare facilities. MPT’s financing model allows hospitals
and other healthcare facilities to unlock the value of their underlying
real estate in order to fund facility improvements, technology upgrades,
staff additions and new construction. Facilities include acute care
hospitals, inpatient rehabilitation hospitals, long-term acute care
hospitals, and other medical and surgical facilities. For more
information, please visit the Company’s website at www.medicalpropertiestrust.com.
Source: Medical Properties Trust, Inc.
Medical Properties Trust, Inc.
Tim Berryman, 205-397-8589
Director
– Investor Relations
tberryman@medicalpropertiestrust.com