Summary
Essex Property Trust, Inc. (ESS) announced the resignation of Bryan Hunt, its First Vice President and Chief Accounting Officer, effective August 2, 2013. Mr. Hunt is departing to pursue an opportunity at another company and his resignation is not attributed to any disagreements with the Company's accounting practices or policies. Following Mr. Hunt's departure, Michael T. Dance, the Company's Executive Vice President and Chief Financial Officer, will assume the duties of the principal accounting officer. This transition is effective immediately. Investors should note that Mr. Dance's extensive experience as CFO suggests a smooth continuation of financial reporting and oversight.
Key Highlights
- 1Resignation of Bryan Hunt as First Vice President and Chief Accounting Officer.
- 2Resignation is effective August 2, 2013.
- 3Mr. Hunt's departure is for an external opportunity and not due to accounting disagreements.
- 4Michael T. Dance, EVP and CFO, will assume principal accounting officer responsibilities.
- 5Mr. Dance's existing role as CFO provides continuity in financial oversight.
Frequently Asked Questions
Bryan Hunt resigned to pursue an opportunity at another company. His departure was not related to any disagreements with Essex Property Trust, Inc. regarding its accounting operations, policies, or practices.
Michael T. Dance, the Company's Executive Vice President and Chief Financial Officer, will assume the responsibilities of the principal accounting officer.
The company has appointed Michael T. Dance, the EVP and CFO, to take over the principal accounting officer role. Given Mr. Dance's senior position, investors can expect continuity in financial oversight and reporting.