DENVER -- (Business Wire)
Apartment Investment and Management Company (“Aimco”) (NYSE: AIV,
AIVPrA) announced today the nomination of Ann Sperling to Aimco’s Board
of Directors. If Ms. Sperling is elected at Aimco’s annual meeting on
May 1, 2018, she will serve as an independent director, and as a member
of all Board committees.
“I am pleased to add Ann’s talent, experience, and expertise to the
Aimco Board,” said Terry Considine, Aimco’s Chairman/CEO. “Ann brings a
welcome perspective and a multitude of personal qualities as the Board
continues its oversight of Aimco and focus on Aimco strategy.”
Ms. Sperling has more than 35 years of experience as a real estate
executive, including roles in commercial real estate investment and
development, and leadership roles in public real estate companies in the
areas of operations, finance, transactions, and marketing. She has
served as Senior Director of Trammell Crow Company, the development
subsidiary of the public company, CBRE, since October 2013, focusing on
the capitalization and execution of new commercial developments. From
October 2009 through May 2013, she served in two roles at Jones Lang
LaSalle, first as Chief Operating Officer, Americas, and then as
President, Markets West. Before then, Ms. Sperling was Managing Director
of Catellus, then a mixed-use development and investment subsidiary of
the public REIT, ProLogis. Previously, between 1982-2006 and prior to
its merger with CBRE, Ms. Sperling held a variety of roles at Trammell
Crow Company, including as its first woman partner and later as Senior
Managing Director and Rocky Mountain Region Area Director.
Aimco has a carefully constructed and high performing board. To that
end, the company has added a new director every two to six years. Prior
to nominating Ms. Sperling, Aimco most recently added Nina Tran in 2016.
Aimco selects nominees for director based on many factors including
breadth and depth of experience, knowledge, skills, expertise,
integrity, ability to make independent analytical inquiries,
understanding of Aimco’s business environment, and willingness to devote
adequate time and effort to Board responsibilities. Ms. Sperling’s
nomination followed a year of director candidate interviews, with the
process led by Aimco Nominating and Corporate Governance Committee
Chairman, Kathleen Nelson.
About Aimco
Aimco is a real estate investment trust focused on the ownership and
management of quality apartment communities located in selected markets
in the United States. Aimco is one of the country’s largest owners and
operators of apartments, with 180 communities in 22 states and the
District of Columbia. Aimco common shares are traded on the New York
Stock Exchange under the ticker symbol AIV, and are included in the S&P
500. For more information about Aimco, please visit our website at www.aimco.com.
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Contacts:
Apartment Investment and Management Company
Lynn Stanfield,
303-793-4661
Senior Vice President, Finance
Investor Relations
Investor@aimco.com
Source: Apartment Investment and Management Company
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