Camden Property Trust appoints Mark Gibson to its Board as Independent Trust Manager

– USA, TX –  Camden Property Trust (NYSE: CPT) today announced the appointment of Mark D. Gibson to the Board of Trust Managers effective February 20, 2020. Mr. Gibson will serve as an independent Trust Manager of the Company.

“We are pleased to have Mark join our Board of Trust Managers,” said Richard Campo, Chairman and CEO. “Mark has a wealth of real estate knowledge and considerable executive and leadership experience, and we believe he will be a valuable addition to our Board.”

The corporate governance policies provide that an independent Trust Manager will not be nominated for re-election as a Trust Manager following the Trust Manager’s 75th birthday. As a result of this policy, William B. McGuire, Jr. will retire from the Board effective as of the time of the 2020 annual meeting of shareholders, scheduled to be held on May 13, 2020. The appointment of Mr. Gibson to the Board was made in anticipation of this retirement.

About Mark Gibson

Mr. Gibson currently serves as CEO, Capital Markets, Americas of Jones Lang LaSalle, Inc., a real estate services and investment management firm. He previously served as Executive Managing Director, Vice Chairman and CEOof HFF, Inc. from 2014 to 2019, and he served as Director and Vice Chairman from 2006 to 2014. Prior to that Mr. Gibson was a founding partner of HFF LP and served as the company’s Executive Managing Director from 2003 to 2006 and Co-Head, Dallas Office and SVP from 1993 to 2010.

About Camden

Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 164 properties containing 56,107 apartment homes across the United States. Upon completion of 8 properties currently under development, the Company’s portfolio will increase to 58,315 apartment homes in 172 properties. Camden has been recognized as one of the 100 Best Companies to Work For by Fortune magazine for 13 consecutive years, most recently ranking #18. The Company also received a Glassdoor Employeesʼ Choice Award in 2020, ranking #25 for large U.S. companies.

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