Equity Residential Welcomes Two New Trustees to Board

Equity Residential Welcomes Two New Trustees to Board

© Reuters.

CHICAGO – Equity Residential (NYSE:NYSE:), a leading player in the residential real estate market, today announced the expansion of its board of directors with the addition of Ann C. Hoff and Nina P. Jones, both serving on the New York Stock Exchange. criteria for independent directors.

These appointments bring the total number of board members to 11, with Ms. Hoff joining the audit committee and Ms. Jones serving on the audit and corporate governance committees.

Ms. Hoff, 57, currently serves as president and chief operating officer of Bellagio and Park MGM, part of MGM Resorts (NYSE:) International (NYSE: MGM). With a tenure at MGM that began in 1990, Hoff has accumulated extensive experience in the operations and strategic management of hotel-casino complexes. She is an alumna of the University of Nevada, Las Vegas, where she earned a BS in Hotel and Restaurant Management.

Ms. Jones, 44, brings more than 15 years of real estate investment expertise gained during her tenure at T. Rowe Price, a global investment management firm.

Having recently retired as vice president and portfolio manager of U.S. real estate equity strategy, Jones has a strong background in finance, holding a BS in accounting and finance from the University of Maryland and an MBA from the Graduate School of Business at Columbia University. She also serves on the board of directors of Simon Property Group (NYSE:NYSE:).

Mark J. Parrell, president and CEO of Equity Residential, expressed enthusiasm for the new appointments, citing Hoff’s operational and client strategy experience as well as Jones’ deep understanding of public real estate investing as valuable assets for the company’s board of directors.

Equity Residential, a member of , specializes in the acquisition, development and management of residential properties in dynamic cities known to attract affluent, long-term tenants. The company currently has a portfolio of 302 properties, which includes approximately 80,191 apartments across key cities across the United States, and is actively expanding its presence.

Ms. Hoff’s recruitment was facilitated by Ferguson Partners, a firm specializing in executive searches for the real estate investment trust (REIT) industry. Information regarding the new board appointments is based on a press release from Equity Residential.

This article was generated with the support of AI and reviewed by an editor. For more information, consult our General Terms and Conditions.

Source Reference

Latest stories