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Stock impact report

Capital Square Apartment REIT Adds David McKenney to Board of Directors [Yahoo! Finance]

Apple Hospitality REIT, Inc. Common Shares (APLE) 
Last apple hospitality reit, inc. common shares earnings: 2/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.applehospitalityreit.com
Company Research Source: Yahoo! Finance
McKenney brings a wealth of experience and expertise to the board, and his appointment further strengthens the company's leadership team. McKenney replaced Jay Olander , who resigned his seat on the board when he was named president and chief financial officer of the company's sponsor, Capital Square . With McKenney's induction, the company's board continues to consist of three directors, with two recognized as independent authorities. "We are thrilled to have David McKenney join the board as an independent director of Capital Square Apartment REIT," said Louis Rogers , chairman and chief executive officer of Capital Square Apartment REIT. "McKenney is an experienced real estate executive with decades of REIT experience. He brings an extensive depth of knowledge at an optimal time as the REIT begins the process of expanding its asset base by pursuing the contribution of numerous investment-grade apartment communities by owners in tax-free UPREIT transactions." McKenney has served Show less Read more
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