AvalonBay Communities, Inc. Announces Changes in Executive Officer Titles
January 08 2015 - 5:07PM
Business Wire
AvalonBay Communities, Inc. (NYSE: AVB) announced today
that Matthew H. Birenbaum has been named Chief Investment Officer
and Sean J. Breslin has been named Chief Operating Officer. Prior
to such appointments Mr. Birenbaum served as Executive Vice
President - Corporate Strategy and Mr. Breslin served as Executive
Vice President – Asset Management.
In his role as Chief Investment Officer, Mr. Birenbaum will
continue to chair the Company’s Management Investment Committee,
lead the development of the Company’s investment strategy, and
oversee the investments, design, sustainability and market research
functions. Mr. Birenbaum’s prior experience at AvalonBay includes
serving as a development officer overseeing the development of a
wide variety of multifamily communities, including garden
apartments, mid-rise communities with structured parking, and
high-rise communities with ground floor retail and underground
parking.
In his role as Chief Operating Officer, Mr. Breslin will
continue to have overall responsibility for the Company’s asset
management platform, including national property operations, asset
management and redevelopment, and brand strategy and marketing. In
addition, he will continue to serve as a member of the Company’s
Management Investment Committee. Mr. Breslin’s prior experience at
AvalonBay includes oversight of the investment and market research
functions.
Commenting on these appointments, Timothy J. Naughton, Chairman
and CEO, stated, “Matt and Sean have provided outstanding
leadership in a variety of roles at AvalonBay and have contributed
significantly to our success over the years. These appointments
recognize their growing leadership roles both within the Company
and the apartment industry."
About AvalonBay Communities, Inc.
As of September 30, 2014, the Company owned or held a direct or
indirect ownership interest in 274 apartment communities containing
82,333 apartment homes in eleven states and the District of
Columbia, of which 27 communities were under construction and six
communities were under reconstruction. The Company is an equity
REIT in the business of developing, redeveloping, acquiring and
managing apartment communities in high barrier-to-entry markets of
the United States. More information may be found on the Company’s
website at http://www.avalonbay.com.
AvalonBay Communities, Inc.Jason ReilleyDirectorInvestor
Relations703-317-4681
Avalonbay Communities (NYSE:AVB)
Historical Stock Chart
From Mar 2024 to Apr 2024
Avalonbay Communities (NYSE:AVB)
Historical Stock Chart
From Apr 2023 to Apr 2024