Apartment Investment And Management Promotes Ernie Freedman To EVP And CFO - Quick Facts

Apartment Investment and Management (AIV) announced the promotion of Ernie Freedman to Executive Vice President and Chief Financial Officer effective November 1.

Freedman joined Aimco in 2007 as Senior Vice President of Financial Planning and Analysis and has served as Senior Vice President of Finance since February 2009, responsible for financial planning, accounting, tax, and related areas.

Aimco also announced that David Robertson, Aimco's President, Chief Investment Officer and Chief Financial Officer, will resign effective December 31, 2009.

Mr. Considine continued, "David will be staying on through the end of the year to ensure an orderly transition of his responsibilities and will remain in an advisory capacity through early 2010. During this period, he also will continue to be responsible for a number of transactions that we expect to close later this year or early next."

by RTTNews Staff Writer

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