AvalonBay names three executive vice presidents

AvalonBay names three executive vice presidents

AvalonBay Communities, a real estate investment trust with multi-family apartment communities in the US, has promoted three senior vice presidents - Sean Breslin, Bill McLaughlin, and Steve Wilson - to executive vice president positions.

Breslin, who joined AvalonBay in 2002, oversees redevelopment and asset management nationally, including the market research function.

McLaughlin, a 16 year veteran of the company, has overall responsibility for development and construction for the Northeast.

Wilson, who has been with AvalonBay for 12 years, has overall responsibility for development and construction for the West Coast and Mid-Atlantic regions.

All three will become members of AvalonBay's executive committee.

Breslin will also become a member of the management investment committee.

Bryce Blair (pictured), chairman and chief executive of AvalonBay Communities, says: "I'm proud to recognise the contributions and accomplishments of each of these individuals and to welcome them to the ranks of the executive committee. They are valued veterans of AvalonBay, and during their respective tenures have taken on broad leadership responsibilities and played key roles in our company's success. We look forward to their continued contributions going forward as we implement our plans to start USD380m in new development this year and increase our redevelopment program in what we believe will be a period of improving apartment fundamentals. I offer them my warmest congratulations."




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