Clay is a Director, former CEO, and second largest individual shareholder of Corporate Office Properties Trust (NYSE: OFC), which he co-founded in 1997. In his eight years as CEO, the company grew to an enterprise value in excess of $4 billion, achieving among the highest returns of publicly traded REITs. Clay is a founding member of Alliance Partners, a real estate investment and operating firm, formed in 2009. Clay also is the co-founder and CEO of CITRS, a non-profit character education company catering to k-12 schools.

 

Prior to OFC, Clay was the Managing Partner of The Shidler Group's Mid-Atlantic region and was a founding investor of First Industrial Realty Trust, Inc. (NYSE: FR). He is a CPA and was formerly an attorney at Pepper, Hamilton & Scheetz and Saul, Ewing. Clay also served as a Lieutenant J.G. on the U.S. Navy aircraft carrier, USS Wasp, in the late 1960's.

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Clay received his undergraduate degree (1967), earning the Class of 1915 Award for the Ideal Scholar/Athlete, and his MBA from the Wharton School at the University of Pennsylvania, and a JD from Temple University. He is a member of the University of Pennsylvania Tennis Hall of Fame and serves on the school's Athletics Board of Overseers of the Trustees.