CHICAGO – Equity Residential (NYSE: NYSE:), a prominent player in the residential real estate market, today announced the expansion of its Board of Trustees to include Anne K. Hoff and Nina P. Jones, who serve the requirements of the New York Stock Exchange. criteria for independent trustees.
These appointments bring the total number of board members to 11, with Ms. Hoff joining the audit committee and Ms. Jones joining the audit and corporate governance committee.
Ms. Hoff, 57, currently serves as President and Chief Operating Officer of Bellagio and Park MGM, part of MGM Resorts (NYSE:) International (NYSE: MGM). During his tenure at MGM, which began in 1990, Hoff gained extensive experience in the operations and strategic management of casino resorts. She is a graduate of the University of Nevada, Las Vegas, where she received a bachelor’s degree in Hotel and Restaurant Management.
Ms. Jones, 44, has more than 15 years of real estate investment experience during her tenure at T. Rowe Price, a global investment management firm.
Recently retired as Vice President and Portfolio Manager of U.S. Real Estate Equity Strategies, Jones has extensive experience in finance, having earned a bachelor’s degree in accounting and finance from the University of Maryland and an MBA from Columbia University Graduate School of Business. . She also serves on the board of directors of Simon Property Group (NYSE: NYSE:).
Mark J. Parrell, president and CEO of Equity Residential, expressed enthusiasm for the new appointments, citing Hoffa’s experience in operations and client strategy, as well as Jones’ deep understanding of public real estate investing as a valuable asset to the company’s board of directors.
Equity Residential, a member of the association, specializes in the acquisition, development and management of residential properties in vibrant cities known for attracting wealthy long-term tenants. The company currently has a portfolio of 302 properties, including approximately 80,191 apartments in key U.S. cities, and is actively expanding its presence.
Ms. Hoff’s hiring was facilitated by Ferguson Partners, a firm that specializes in executive searches for the real estate investment trust (REIT) industry. The new board appointments are based on a press statement from Equity Residential.
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