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Camden Property Trust Announces Executive Changes

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Camden Property Trust (NYSE:CPT) announced executive changes, appointing D. Keith Oden as Executive Vice Chairman of the Board and President, Alex J. Jessett as President and Chief Financial Officer, and Ben Fraker as Senior Vice President-Finance and Treasurer. The changes aim to enhance corporate governance and succession planning.
Camden Property Trust (NYSE:CPT) ha annunciato cambiamenti nella sua dirigenza, nominando D. Keith Oden come Vice Presidente Esecutivo del Consiglio e Presidente, Alex J. Jessett come Presidente e Direttore Finanziario, e Ben Fraker come Vice Presidente Senior-Finanza e Tesoriere. Questi cambiamenti hanno lo scopo di migliorare la governance aziendale e la pianificazione della successione.
Camden Property Trust (NYSE:CPT) anunció cambios ejecutivos, nombrando a D. Keith Oden como Vicepresidente Ejecutivo del Consejo y Presidente, a Alex J. Jessett como Presidente y Director Financiero, y a Ben Fraker como Vicepresidente Senior de Finanzas y Tesorero. Los cambios tienen como objetivo mejorar la gobernanza corporativa y la planificación de la sucesión.
Camden Property Trust (NYSE:CPT)는 경영진 변동을 발표하였습니다. D. Keith Oden을 이사회 부회장 겸 사장으로, Alex J. Jessett을 사장 겸 최고재무책임자(CFO)로, 그리고 Ben Fraker를 고위 부사장-재무 및 재무담당 장관으로 임명하였습니다. 이러한 변경은 기업 거버넌스와 승계 계획을 강화하기 위한 것입니다.
Camden Property Trust (NYSE:CPT) a annoncé des changements exécutifs, nommant D. Keith Oden comme Vice-président Exécutif du Conseil et Président, Alex J. Jessett comme Président et Directeur Financier, et Ben Fraker comme Vice-président Senior-Finance et Trésorier. Ces changements visent à améliorer la gouvernance d'entreprise et la planification de la succession.
Camden Property Trust (NYSE:CPT) gab eine Umstrukturierung der Führungsebene bekannt, mit der Ernennung von D. Keith Oden zum Executive Vice Chairman des Vorstands und Präsidenten, Alex J. Jessett zum Präsidenten und Chief Financial Officer, sowie Ben Fraker zum Senior Vice President-Finance and Treasurer. Die Änderungen zielen darauf ab, die Unternehmensführung und die Nachfolgeplanung zu verbessern.
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HOUSTON--(BUSINESS WIRE)-- Camden Property Trust (NYSE:CPT) today announced its Board of Trust Managers has appointed D. Keith Oden from Executive Vice Chairman of the Board and President to Executive Vice Chairman of the Board, and Alex J. Jessett from Executive Vice President-Chief Financial Officer to President and Chief Financial Officer. Mr. Oden will retain his current role of providing strategic leadership and communicating and implementing the Company’s mission. Mr. Jessett will continue to report to Mr. Oden and will retain his current responsibilities for overseeing the Company’s financial, legal, real estate investment, and construction related functions, and will now also oversee the Company’s operational functions. Additionally, the Board of Trust Manager has appointed Ben Fraker from Vice President-Finance and Treasurer to Senior Vice President-Finance and Treasurer.

“These changes are part of good corporate governance and long-term succession planning, and recognize Alex’s long-term contributions to Camden’s success,” said Richard J. Campo, Camden’s Chairman and CEO.

In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates, and projections about the industry and markets in which Camden operates, management's beliefs, and assumptions made by management. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties which are difficult to predict. Factors which may cause Camden’s actual results or performance to differ materially from those contemplated by forward-looking statements are described under the heading “Risk Factors” in Camden’s Annual Report on Form 10-K and in other filings with the SEC. Forward-looking statements made in today’s press release represent management’s current opinions at the time of this publication, and Camden assumes no obligation to update or supplement these statements because of subsequent events.

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 171 properties containing 58,042 apartment homes across the United States. Upon completion of 4 properties currently under development, the Company’s portfolio will increase to 59,208 apartment homes in 175 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 17 consecutive years, most recently ranking #24.

For additional information, please contact Camden’s Investor Relations Department at (713) 354-2787 or access our website at camdenliving.com.

Kim Callahan, 713-354-2549

Source: Camden Property Trust

FAQ

Who was appointed as Executive Vice Chairman of the Board and President at Camden Property Trust?

D. Keith Oden was appointed as Executive Vice Chairman of the Board and President at Camden Property Trust.

Who is now serving as President and Chief Financial Officer at Camden Property Trust?

Alex J. Jessett is now serving as President and Chief Financial Officer at Camden Property Trust.

Who was appointed as Senior Vice President-Finance and Treasurer at Camden Property Trust?

Ben Fraker was appointed as Senior Vice President-Finance and Treasurer at Camden Property Trust.

What is the purpose of the executive changes at Camden Property Trust?

The executive changes aim to enhance corporate governance and long-term succession planning at Camden Property Trust.

Camden Property Trust

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About CPT

our culture, our way of life, the camden way camden is recognized by fortune® magazine as one of the "100 best companies to work for" in the country! we are the only multifamily company to ever be included on fortune's famous list . continuously motivated by our core values, camden’s dynamic culture is at the heart of our success, and at the heart of our culture are our people. within camden our highest priority is the successful growth of every camden associate, as that is the foundation for building focused, effective teams and creating an exciting and impactful work environment. we offer exceptional benefits geared toward each employee’s professional development, which includes training programs, mentoring, networking, committee opportunities, community service and team events. our engagement with our employees in addition to our shared values (including our commitment to fun!) directly affects our success, making camden an industry leader and one of the nation’s best employers .