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8-K - FORM 8-K - CAMDEN PROPERTY TRUST | h84097e8vk.htm |
EXHIBIT 99.1
CAMDEN PROPERTY TRUST APPOINTS
FRANCES ALDRICH SEVILLA-SACASA TO BOARD OF TRUST MANAGERS
FRANCES ALDRICH SEVILLA-SACASA TO BOARD OF TRUST MANAGERS
Houston, TEXAS (August 9, 2011) Camden Property Trust (NYSE: CPT) announced the appointment of
Frances Aldrich Sevilla-Sacasa to the Companys Board of Trust Managers, effective August 9, 2011.
Ms. Sevilla-Sacasa will serve as an independent trust manager of the Company.
Ms. Sevilla-Sacasa currently serves as Executive Advisor to the Dean of the University of Miami
School of Business, and from January 15, 2011 to July 31, 2011 she served as the Interim Dean of
the University of Miami School of Business. From July 2007 to December 2008 Ms. Sevilla-Sacasa was
the President of US Trust, Bank of America Private Wealth Management. From early 2007 until June
2007 Ms. Sevilla-Sacasa was the President and CEO of US Trust Company, and from November 2005 until
June 2007 she served as President of US Trust Company.
We are pleased to have Frances join our Board of Trust Managers, said Richard J. Campo, Camdens
Chairman and Chief Executive Officer. Frances brings a wealth of knowledge and business
experience to our Board, and she will be a valuable addition. The appointment of Ms.
Sevilla-Sacasa fills a vacancy on the Companys Board which resulted from the retirement of a
previous independent trust manager earlier this year.
Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership,
development, acquisition, management and disposition of multifamily apartment communities. Camden
owns interests in and operates 196 properties containing 67,212 apartment homes across the United
States. Upon completion of eight properties under development, the Companys portfolio will
increase to 69,421 apartment homes in 204 properties. Camden was recently named by FORTUNE®
Magazine for the fourth consecutive year as one of the 100 Best Companies to Work For in America,
placing 7th on the list.
For additional information, please contact Camdens Investor Relations Department at (800) 922-6336
or (713) 354-2787 or access our website at www.camdenliving.com.