Paul Beldin Promoted to CFO
DENVER--(BUSINESS WIRE)--
Apartment Investment and Management Company (“Aimco”) (NYSE: AIV),
announced today that Ernie Freedman has resigned as Executive Vice
President and Chief Financial Officer of Aimco to join Invitation Homes.
Paul Beldin, Aimco’s Chief Accounting Officer since 2008, has been
promoted to Executive Vice President and Chief Financial Officer
effective immediately. Mr. Freedman will remain with Aimco through
October 1 to provide for a smooth transition.
Terry Considine, Aimco’s Chairman and CEO remarked, “Since 2009, Ernie
has served ably as Aimco’s CFO, tackling important challenges in
finance, capital markets, accounting and reporting, investor relations,
IT and Aimco strategy. I am grateful for his many contributions to Aimco
and even more for our friendship. I will miss our daily interactions and
wish him every success as he pursues his next set of goals. One of
Ernie’s many accomplishments has been the development of a deep and
talented team. The promotion of Paul will make for a seamless
transition. I look forward to continuing my work with him in his new
role. I know Paul well and am confident of his success.”
Mr. Freedman said, “Since joining Aimco in 2007, I have appreciated the
opportunity to grow with my colleagues. We have an exceptional team and
a deep bench, including Paul, who has been my right hand at CAO for the
past seven years. I look forward to Aimco’s continued success in the
years to come. And while I will miss the Aimco team, I am excited by the
prospect of building a business and leading the institutionalization of
that sector.”
“Having spent the last number of years working with and learning from
Ernie and Terry and the rest of the Aimco team, I am eager for this new
challenge within Aimco,” said Mr. Beldin.
Aimco is a real estate investment trust that is focused on the ownership
and management of quality apartment communities located in the largest
markets in the United States. Aimco is one of the country's largest
owners and operators of apartments, with 199 communities in 23 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150914006282/en/
Aimco
Elizabeth Coalson, 303-691-4350
Vice President,
Investor Relations
investor@aimco.com
Source: Aimco