AIR Communities Announces Date of 2024 Annual Meeting and Continues its Commitment to Corporate Governance Excellence
14 Février 2024 - 10:15PM
Business Wire
Apartment Income REIT Corp. (NYSE: AIRC) (“AIR” or the
“Company”) has announced that the date of its 2024 annual meeting
of shareholders will be June 14, 2024.
“The Board continues to have a proactive and thoughtful process
to assess Board composition and leadership and seek continuous
improvements to AIR’s governance,” commented Ann Sperling, Chairman
of AIR’s Governance and Corporate Responsibility Committee. She
continued, “We heard from shareholders that they prefer an annual
meeting on a more typical spring cycle, and so we have moved our
meeting from September to June to be responsive to that
feedback.”
As announced last year and discussed with many shareholders, the
Board has been working on an orderly succession plan for Thomas L.
Keltner, AIR’s Chairman of the Board. Current AIR board member
Devin Murphy, who joined the Board in 2020, will take over as
Chairman of the Board effective at the end of the first
quarter.
“It has been my privilege to serve as AIR’s Chairman since the
separation in December 2020 and as a director of Aimco for a number
of years before,” said Mr. Keltner. He continued, “I'm excited by
what the team has accomplished and even more excited for what is
yet to come. Devin is the ideal person to serve as the next
independent chairman of AIR’s Board. He is an able leader, an
experienced and accomplished real estate executive with deep
knowledge of capital markets, real estate investment and finance,
and property management and operations. I look forward to
supporting Devin in his new role.”
Mr. Murphy commented, “AIR’s Board has a culture of
collaboration and a commitment to acting with consensus. I look
forward to leading AIR’s Board for the coming years. Terry and the
management team are dedicated to creating satisfaction for our
residents, great places to work for our team, and strong returns
for our shareholders.”
About AIR
Apartment Income REIT Corp (NYSE: AIRC) is a publicly traded,
self-administered real estate investment trust (“REIT”). AIR’s
portfolio comprises 76 communities totaling 27,010 apartment homes
located in 10 states and the District of Columbia. AIR offers a
simple, predictable business model with focus on what we call the
AIR Edge, the cumulative result of our focus on resident selection,
satisfaction, and retention, as well as relentless innovation in
delivering best-in-class property management. The AIR Edge is a
durable operating advantage in driving organic growth, as well as
making possible the opportunity for excess returns for properties
new to AIR’s platform. For additional information, please visit
aircommunities.com.
Forward-Looking Statements
This document contains forward-looking statements within the
meaning of the federal securities laws. Forward-looking statements
include all statements that are not historical statements of fact
and those regarding our intent, belief, or expectations.
Words such as “anticipate(s),” “expect(s),” “intend(s),”
“plan(s),” “believe(s),” “plan(s),” “may,” “will,” “would,”
“could,” “should,” “seek(s),” “forecast(s),” and similar
expressions, or the negative of these terms, are intended to
identify such forward-looking statements. These statements are not
guarantees of future performance, condition or results, and involve
a number of known and unknown risks, uncertainties, assumptions and
other important factors, among others, that may affect actual
results or outcomes.
Although we believe that the assumptions underlying the
forward-looking statements, which are based on management’s
expectations and estimates, are reasonable, we can give no
assurance that our expectations will be attained. These
forward-looking statements reflect management’s judgment as of this
date, and we assume no obligation to revise or update them to
reflect future events or circumstances. We caution investors not to
place undue reliance on any such forward-looking statements.
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Matthew O’Grady Executive Vice President, Capital Markets (303)
691-4566
Apartment Income REIT (NYSE:AIRC)
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