Roberts Realty Investors, Inc. Announces Date of Annual Meeting of Shareholders and New Chief Financial Officer

Date : 05/20/2004 @ 4:37PM
Source : PR Newswire
Stock : Roberts Realty Investors, (RPI)
Quote : 4.89  -0.11 (-2.20%) @ 4:01PM
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Roberts Realty Investors, Inc. Announces Date of Annual Meeting of Shareholders and New Chief Financial Officer

Roberts Realty Investors, Inc. Announces Date of Annual Meeting of Shareholders and New Chief Financial Officer

ATLANTA, May 20 /PRNewswire-FirstCall/ -- Roberts Realty Investors, Inc. announces that its Annual Meeting of Shareholders will be held on Wednesday, July 21, 2004 at 10:00 a.m. at the Crowne Plaza Ravinia Hotel, 4355 Ashford Dunwoody Road, Atlanta, GA 30346. Shareholders of record at the close of business on June 7, 2004 are entitled to be present and to vote at the meeting.

In unrelated news, the company announces that it hired Greg M. Burnett as its Chief Financial Officer effective April 1, 2004. Mr. Burnett brings extensive experience to his new role as CFO. He is a CPA who served the last seven years as Chief Financial Officer of The Reagan Companies in Salt Lake City, UT. Previously, he was the Vice President and Midwest Region Controller of Gannett Outdoor Group in Kansas City, MO. Earlier in his career, Mr. Burnett worked for a regional CPA firm based in Kansas City, MO.

Mr. Charles R. Elliott, the company's former CFO and current member of the company's Board of Directors, was involved in the selection process of the new CFO. Mr. Elliott stated, "I believe Mr. Burnett's background and business experience will be a great asset to the company."

Roberts Realty Investors, Inc. owns and operates multifamily residential properties as a self-administered, self-managed equity real estate investment trust, or REIT.

DATASOURCE: Roberts Realty Investors, Inc.

CONTACT: Charles S. Roberts, Chief Executive Officer of Roberts Realty

Investors, Inc., +1-770-394-6000, or fax, +1-770-396-0706

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