– USA, CO – Apartment Investment and Management Company (NYSE: AIV) today announced the appointment of Sherry Rexroad to its Board of Directors, effective immediately.
“Sherry’s significant real estate, finance and corporate governance expertise will make her an impactful addition to our Board. In particular, Sherry’s unique perspectives as a REIT CFO and experienced institutional investor, as well as her deep investment stewardship expertise, are highly relevant to the Aimco business and our ongoing review of opportunities to further enhance and unlock shareholder value,” said Board Chairman, Dary Stone.
Ms. Rexroad has also joined the Audit, Compensation and Human Resources, Investment, and Nominating, Environmental, Social, and Governance Committees.
The company also announced that Rob Miller will not be standing for re-election at the upcoming 2023 AGM.
About Sherry L. Rexroad
“I am excited to join the Aimco Board,” said Ms. Rexroad. “Aimco has a significant opportunity ahead with a strong portfolio of assets and compelling development platform and pipeline. I look forward to working collaboratively with the Board and management team to drive value for shareholders.”
Ms. Rexroad most recently served as CFO of STORE Capital, a publicly traded REIT specializing in the acquisition, investment, and management of single-tenant operational real estate, before the completion of its sale to GIC and Oak Street. Before joining STORE, she spent ten years at BlackRock Global Real Asset Securities. She served as Blackrock’s Global Head of Business Development, as well as Co-Global CIO and Chair of the Investment Committee, where she led fundraising efforts, was a key member that built and led the global real asset securities team and led the development of an ESG scoring system to be implemented into its investment strategy. Earlier in her career, she worked in various capacities for Aviva Investors, ING Clarion Real Estate Securities, AEW Capital Management, the U.S. Environmental Protection Agency, and the U.S. General Services Administration. Ms. Rexroad graduated from Haverford College and holds an MBA from The Wharton School, University of Pennsylvania. She also holds the Chartered Financial Analyst designation and is a member of the CFA Institute.
About Aimco
Aimco is a diversified real estate company primarily focused on value add, opportunistic, and alternative investments, targeting the U.S. multifamily sector. Aimco’s mission is to make real estate investments where outcomes are enhanced through its human capital so that substantial value is created for investors, teammates, and the communities in which we operate. Aimco is traded on the New York Stock Exchange as AIV.
Source: https://www.aimco.com/
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