Conor Wagner Resigns as Chief Investment Officer
Apartment Income REIT Corp. (NYSE: AIRC) announced the resignation of Conor Wagner as Senior VP and Chief Investment Officer, effective May 14, to take up a role in Southern California. CEO Terry Considine expressed gratitude for Wagner's contributions over three years, highlighting his role in unlocking $1 billion in shareholder value through a simplified business model. Wagner reflected on his pride in the team's accomplishments and his excitement for the new opportunity, emphasizing continued success for AIR.
- Wagner's leadership contributed to unlocking $1 billion in shareholder value.
- AIR is one of the largest owners and operators of apartment communities in the U.S., with 99 communities.
- Loss of a key executive may pose transitional challenges for AIR.
Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC), announced today that Conor Wagner has resigned as Senior Vice President and Chief Investment Officer of AIR for an opportunity in Southern California. Mr. Wagner will remain with AIR through May 14 to provide for a smooth transition.
Terry Considine, AIR’s CEO remarked, “I am delighted for Conor and his family. His new assignment is a ‘dream job’ and allows his family to return home. I want to express my gratitude to Conor for his many contributions over the past three years. He possesses great insight and integrity. He was the architect for our simplified business model, and therefore for its unlocking of
Mr. Wagner said, “I am excited by my return to Southern California. I am very grateful for my teammates, their friendship, and the opportunity to learn from them over these past three years. I am very proud of what we accomplished together and look forward to their continued success in the years to come.”
About AIR
AIR is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States. AIR is one of the country’s largest owners and operators of apartments, with 99 communities in 12 states and the District of Columbia. AIR common shares are traded on the New York Stock Exchange under the ticker symbol AIRC, and are included in the S&P 400. For more information about AIR, please visit our website at www.aircommunities.com.
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