Market Overview

UDR Announces Key Executive Management Promotions

Share:

UDR, Inc. (the "Company") (NYSE: UDR),
today announced key executive management promotions, effective as of
January 1, 2019.

Jerry A. Davis, 56, has been appointed to President in addition to his
current responsibilities as Chief Operating Officer ("COO"). Mr. Davis
has served as Senior Vice President and COO since February, 2013. From
2007 to 2013, he served as Senior Vice President of Operations.

"Jerry has been with UDR for 28 years and served in many leadership
rolls," stated Tom Toomey, Chairman and Chief Executive Officer ("CEO")
of UDR. "He and his team have made our operational platform the best in
the business and he has guided our portfolio through numerous cycles.
The added role of President is well deserved and I look forward to
working closely with Jerry for many years to come."

In addition, the Company announced the promotion of five key executives
to the title of Senior Vice President.

1) H. Andrew Cantor, 49, has been promoted to Senior Vice President -
Acquisitions and Dispositions after having served as Vice President -
Acquisitions and Dispositions since 2011. Mr. Cantor has served in
numerous roles at UDR, since joining the Company in 2009, including
heading Investor Relations from 2009 to 2011. Mr. Cantor also
contributed meaningfully to the Company's entrance into the New York, NY
and Boston, MA markets, its expansions in Seattle, WA, Southern
California and the Bay Area, as well as the formation of its Developer
Capital Program.

2) Matthew A. Cozad, 45, has been promoted to Senior Vice President -
Corporate Services and Innovation after having served as Vice President
- Corporate Services and Innovation since 2013. Mr. Cozad has served in
a variety of operational roles since joining UDR in 2008 and has headed
up many of the Company's revenue and expense-related operating
initiatives as well as its more recent Environmental, Social and
Governance ("ESG") initiative.

3) Michael D. Lacy, 37, has been promoted to Senior Vice President -
Property Operations after having served as Vice President - Property
Operations since 2014. Mr. Lacy has served in a variety of operational
roles since joining UDR in 2006 and has been instrumental in running the
Company's portfolio on a day-to-day basis and implementing many of the
Company's top-line operating initiatives.

4) Robert J. McCullough, 52, has been promoted to Senior Vice President
- Development after having served as Vice President - Development since
joining the Company from Archstone in 2013. Mr. McCullough has been
directly responsible for many of the Company's accretive developments
over the past five years, including 345 Harrison Street in Boston, MA,
399 Fremont in San Francisco, CA and The Residences at Pacific City in
Huntington Beach, CA.

5) David G. Thatcher, 52, has been promoted to Senior Vice President –
General Counsel after having served as Vice President – General Counsel
since joining the Company in 2015. Prior to joining the Company, Mr.
Thatcher was partner at Snell & Wilmer LLP and at Morrison & Foerster
LLP where he began representing the Company in 2001.

"These promotions speak to the breadth and depth of our managerial bench
at UDR as we continue to plan for the future," said Tom Toomey, Chairman
and CEO. "Andrew, Matt, Mike, Bob and Dave know UDR well, have committed
many years to the Company and, I believe, are the best at what they do.
Their promotions are well deserved."

About UDR, Inc.

UDR, Inc. (NYSE: UDR),
an S&P 500 company, is a leading multifamily real estate investment
trust with a demonstrated performance history of delivering superior and
dependable returns by successfully managing, buying, selling, developing
and redeveloping attractive real estate properties in targeted U.S.
markets. As of September 30, 2018, UDR owned or had an ownership
position in 49,464 apartment homes including 932 homes under development
or in its Developer Capital Program – West Coast Development Joint
Venture. For over 46 years, UDR has delivered long-term value to
shareholders, the best standard of service to residents and the highest
quality experience for associates.

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com