Attached files
| file | filename |
|---|---|
| 8-K - Education Realty Trust, Inc. | v172942_8k.htm |
| EX-10.1 - Education Realty Trust, Inc. | v172942_ex10-1.htm |
Exhibit
99.1
EDUCATION
REALTY TRUST ANNOUNCES DEPARTURE OF CRAIG CARDWELL
-Christine
Richards Appointed Senior Vice President of Property Operations-
MEMPHIS,
Tenn., February 2, 2010 -- Education Realty Trust, Inc. (NYSE:EDR), a leader in
the ownership, management and development of student housing, today announced
that Craig Cardwell has resigned from the Company effective February 12, 2010.
Mr. Cardwell plans to pursue entrepreneurial opportunities outside of the
Company.
“We would
like to thank Craig for his many years of dedicated service to the Company and
the student housing industry,” said Randy Churchey, President and Chief
Executive Officer of Education Realty Trust. “Craig played an instrumental part
in the launch of our 2005 Initial Public Offering and we appreciate his past
contributions to the Company. We wish him much success in his new
pursuits.”
In
addition, the Company also announced the appointment of Christine Richards as
Senior Vice President of Property Operations. In this position, Ms.
Richards will be responsible for overseeing the daily operations of the
Company’s 44 owned and joint ventured student housing communities. As
she transitions into her new role, Ms. Richards will work closely with Mr.
Churchey and Senior Vice President and Chief Investment Officer Tom Trubiana, a
leader in the student housing industry for 34 years.
Ms.
Richards most recently served as Education Realty Trust’s Vice President of
Operations from 2006 to 2010 and as Regional Director from 2001 to 2006. Prior
to joining the Company, Ms. Richards held various management positions at Gables
Residential Trust, a multi-family apartment REIT, from 1989 to
2001. Ms. Richards is a member of the Institute of Real Estate
Management and a Certified Property Manager (CPM).
“During
the past six years Christine has led a strong effort to build our team which has
contributed to more effective operations of our student housing communities,”
said Mr. Churchey. “Her promotion to Senior Vice President is well deserved and
is an example of the depth of our talented team of professionals already in
place. We expect the transition to be smooth and
efficient.”
About Education Realty
Trust
Education Realty Trust (NYSE:EDR) is a
self-administered, self-managed real estate investment trust that owns, develops
and manages high-quality student housing communities throughout the United
States. Led by a team with over 200 years of shared industry experience, EDR is
one of America's largest owners and operators of collegiate student housing. Its
portfolio includes 64 communities in 22 states with 37,827 owned and managed
beds. For more information please visit the Company's website at www.educationrealty.com.
CONTACT:
ICR, LLC
Brad Cohen
203-682-8211