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Equity Residential Announces Search For President.

PR Newswire

| August 23, 2001 | COPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

CHICAGO, Aug. 23 /PRNewswire/ --

Equity Residential Properties Trust (NYSE: EQR) announced today that it has retained Heidrick & Struggles International, an executive search firm, to assist in the search for a president. The search, part of a long term succession planning effort, will be conducted under the direction of Equity Residential's President and Chief Executive Officer Douglas Crocker II in tandem with the Compensation Committee of its Board of Trustees.

(Photo: http://www.newscom.com/cgi-bin/prnh/20010801/ERPTCLOGO )

"I am committed to personally leading the company for the next three years," said Mr. Crocker, 61, in making the announcement. "However, the day will come when it is time for me to retire, which means ...

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Source: HighBeam Research, Equity Residential Announces Search For President.