McNeill Investment Company

Phillip H. McNeill Sr.

Mr. McNeill has served as our Chairman of the Board of Directors and Chief Executive Officer of Equity Inns ("ENN" - NYSE) since the company was founded in 1994. In January 2005, Mr. McNeill became non-executive Chairman and Mr. Howard Silver assumed the role of Chief Executive Officer. Mr. McNeill, Sr. has been Chairman and President of McNeill Investment Company, Inc., since 1977, when he founded the company. From 1963 to 1977, he served in various capacities, including President and Chief Executive Officer, with Schumacher Mortgage Company, Inc., a mortgage banking firm and subsidiary of Time, Inc. Mr. McNeill has served as President and Director of the Memphis Mortgage Bankers Association and the Tennessee State Mortgage Bankers Association. He has been a past director of National Commerce Financial Corporation (NYSE - NCF) and Interstate Hotels Corporation (NYSE: IHR), a member of the Board of Trustees of Rhodes College, a trustee of Wetlands America Trust, Inc., a member of the Board of Visitors of the University of Memphis and a board member of the Society of Entrepreneurs and Youth Villages, Inc.
Mr. McNeill, as President of McNeill Investment Co., has been involved in the construction, development, and management of apartments, industrial, retail and hotel properties throughout the United States.