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| David P. Stockert |
ATLANTA, GA --(BUSINESS
WIRE)-- Post Properties, Inc. (NYSE:PPS) announced today that Chief Financial
Officer, Christopher J. Papa, will
be stepping down from his role, effective May 31, 2016, in order to assume the
position of Chief Financial Officer of Liberty Property Trust (NYSE:LPT). Mr.
Papa has served as Post’s Chief Financial Officer since 2003.
Post plans to immediately
begin the search for Mr. Papa’s replacement. Until such replacement is
identified, Mr. Papa’s responsibilities will be assumed by other members of
Post’s senior management team, including Arthur
J. Quirk, who has been Post’s Chief Accounting Officer since 2001.
Said David P. Stockert, Post’s CEO and President, “Chris has been an
effective and valued member of the leadership team here at Post, and has been
instrumental in shaping what is one of the strongest balance sheets in the REIT
sector. We all wish Chris every success with this new opportunity.”
For a complete copy of the company’s
news release, please contact:
Post
Properties, Inc.
Dave
Stockert, 404-846-5000
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