AvalonBay Communitiesnominates of Dr. Chris Howard and Nnenna Lynch for upcoming election to its Board of Directors

– USA, VA –  AvalonBay Communities, Inc. (NYSE: AVB) today announced the nomination of Christopher Howard and Nnenna Lynch for election to its Board of Directors at the AGM to be held on May 20, 2021.

“Chris and Nnenna will bring new experiences and perspectives to our Board that will benefit our business as well as our associates, residents and the communities we do business in,” said Edward Walter, Lead Independent Director. “We look forward to their election to the Board at our upcoming annual meeting.”

The company also announced that Jay Sarles will retire from the Board at the end of his current term in May 2021.

“Jay has contributed to AvalonBay in many ways over the almost 16 years he has been on our Board, and we have benefited from his insights on finance, governance, and general business matters. Jay has also long played an important role in helping us select talented individuals, such as Chris and Nnenna, for service on our Board and as part of regular Board refreshment,” said Chairman and CEO, Tim Naughton.

About Dr. Christopher Howard

Dr. Howard is the President of Robert Morris University. He has prior experience in other leadership positions in higher education as well as experience in the military and private sectors. Dr. Howard is a graduate of the U.S. Air Force Academy, Oxford University (which he attended as a Rhodes Scholar and from which he earned a doctorate in politics) and the Harvard Business School.

About Nnenna Lynch

Ms. Lynch is the Founder and CEO of Xylem Projects, a new real estate development venture that she founded after serving as the Head of Development for The Georgetown Company. Her prior experience includes serving as a Senior Policy Advisor in the Bloomberg mayoral administration in New York City where, among other duties, she led initiatives that resulted in the redevelopment and construction of new housing and commercial space.

Ms. Lynch is a graduate of Villanova University and Oxford University (which she attended as a Rhodes Scholar and from which she earned a master’s degree in social anthropology).

About AvalonBay Communities, Inc.

As of December 31, 2020, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 86,025 apartment homes in 11 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring, and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company’s expansion markets consisting of Southeast Florida and Denver, Colorado.

For more information: https://www.avalonbaycommunities.com/

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