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Equity Residential Announces Promotion of David J. Neithercut to Executive Vice President
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01/16/2005
CHICAGO--Dec. 18, 2003--Equity Residential (NYSE:EQR) today announced that David J. Neithercut, the Company's Executive Vice President and Chief Financial Officer, will assume the newly created role of Executive Vice President - Corporate Strategy as of January 1, 2004. In his new role, Mr. Neithercut will be responsible for the overall corporate strategy of the Company and will have direct reporting responsibility for acquisitions/dispositions, property development and portfolio management.
The Company also announced that it will engage an executive search firm to recruit a new Chief Financial Officer. Mr. Neithercut will retain his current job responsibilities as CFO, until his replacement is hired, which the Company anticipates doing by the second quarter of 2004.
Equity Residential is the largest publicly traded apartment company in America. Nationwide, Equity Residential owns or has investments in 989 properties in 34 states consisting of 212,162 units. Equity Residential is an S&P 500 company. For more information on Equity Residential, please visit our website at www.equityapartments.com.
