Camden Property Trust Announces Executive Promotions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy CPT?
Source: seekingalpha
- Executive Promotions: Camden Property Trust has promoted Alexander J. Jessett to CEO, joining the Board of Trust Managers, while Laurie A. Baker becomes President and COO, and Benjamin D. Fraker is appointed Executive VP, CFO, and Treasurer, indicating a strategic shift in leadership.
- Extensive Management Experience: Jessett, who joined in 1999, previously served as President and CFO overseeing critical areas such as Finance and Capital Markets, reflecting the company's strong confidence in his leadership capabilities.
- Leadership Stability: Co-Founder Richard J. Campo will serve as Executive Chairman of the Board, while D. Keith Oden remains Executive Vice Chairman, ensuring consistency and stability in the company's strategic direction.
- Future Growth Strategy: Camden Property Trust outlines plans for a $1.5B to $2B asset sale in California and projects a core FFO midpoint of $675 million for 2026, highlighting its proactive approach to expanding in the Sun Belt market.
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Analyst Views on CPT
Wall Street analysts forecast CPT stock price to rise
16 Analyst Rating
8 Buy
7 Hold
1 Sell
Moderate Buy
Current: 97.840
Low
118.00
Averages
130.12
High
144.00
Current: 97.840
Low
118.00
Averages
130.12
High
144.00
About CPT
Camden Property Trust is a real estate investment trust (REIT). The Company and its subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. It owns and operates approximately 175 properties containing 59,210 apartment homes across the United States. It has three properties under development and will consist of a total of 60,348 apartment homes. Its properties typically consist of mid-rise buildings or two-and three-story buildings in a landscaped setting, as well as high-rise buildings, and provide residents with a variety of amenities common to multifamily rental properties. The Company's properties include Camden Chandler, Camden Copper Square, Camden Foothills, Camden Legacy, and others. Its properties are located in Arizona, California, Colorado, Washington District of Columbia (DC) Metro, Florida and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Camden Property Trust Announces Executive Promotions
- Executive Promotions: Camden Property Trust has promoted Alexander J. Jessett to CEO, joining the Board of Trust Managers, while Laurie A. Baker becomes President and COO, and Benjamin D. Fraker is appointed Executive VP, CFO, and Treasurer, indicating a strategic shift in leadership.
- Extensive Management Experience: Jessett, who joined in 1999, previously served as President and CFO overseeing critical areas such as Finance and Capital Markets, reflecting the company's strong confidence in his leadership capabilities.
- Leadership Stability: Co-Founder Richard J. Campo will serve as Executive Chairman of the Board, while D. Keith Oden remains Executive Vice Chairman, ensuring consistency and stability in the company's strategic direction.
- Future Growth Strategy: Camden Property Trust outlines plans for a $1.5B to $2B asset sale in California and projects a core FFO midpoint of $675 million for 2026, highlighting its proactive approach to expanding in the Sun Belt market.
See More
Camden Property Trust Announces Senior Leadership Changes
- Executive Promotions: Camden Property Trust has promoted Alexander J. Jessett to Chief Executive Officer, joining the Board of Trust Managers, which signifies a pivotal leadership change aimed at ensuring effective management in the future.
- Leadership Team Restructuring: Laurie A. Baker has been elevated to President and Chief Operating Officer, overseeing operational strategies that further enhance the company's capabilities in the multifamily apartment market.
- Financial Leadership Transition: Benjamin D. Fraker has been promoted to Chief Financial Officer and Treasurer, responsible for financial planning and capital market transactions, ensuring robust financial management and transparency for the company.
- Founder's Role Enhancement: Richard J. Campo will serve as Executive Chairman, continuing to influence the company's strategic direction, thereby ensuring sustained growth and development in the years ahead.
See More
RICHARD J. CAMPO APPOINTED EXECUTIVE CHAIRMAN OF CAMDEN PROPERTY TRUST BOARD
- Leadership Announcement: Richard J. Campo has been appointed as the Executive Chairman of the Board for Camden Property Trust.
- Company Overview: Camden Property Trust is a real estate investment trust (REIT) focused on the acquisition, development, and management of multifamily residential properties.
See More
CAMDEN PROPERTY TRUST ELEVATES BENJAMIN D. FRAKER TO EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER, AND TREASURER
- Leadership Announcement: Camden Property Trust has promoted Benjamin D. Fraker to the positions of EVP, CFO, and Treasurer.
- Company Overview: Camden Property Trust is a real estate investment trust focused on the acquisition, development, and management of multifamily residential properties.
See More
CAMDEN PROPERTY TRUST ELEVATES ALEXANDER J. JESSETT TO CEO AND BOARD MEMBER POSITION
New Leadership Announcement: Camden Property Trust has appointed Alexander J. Jessett as the new CEO and a member of the board.
Strategic Direction: The appointment is expected to guide the company in its future strategic initiatives and growth plans.
See More
CAMDEN PROPERTY TRUST REVEALS PROMOTIONS AND ADJUSTMENTS IN SENIOR LEADERSHIP TEAM
Promotions Announced: Camden Property Trust has announced several promotions within its senior leadership team.
Leadership Changes: The changes aim to enhance the effectiveness and direction of the company's management structure.
See More
Camden Property Trust Announces Executive Promotions
- Executive Promotions: Camden Property Trust has promoted Alexander J. Jessett to CEO, joining the Board of Trust Managers, while Laurie A. Baker becomes President and COO, and Benjamin D. Fraker is appointed Executive VP, CFO, and Treasurer, indicating a strategic shift in leadership.
- Extensive Management Experience: Jessett, who joined in 1999, previously served as President and CFO overseeing critical areas such as Finance and Capital Markets, reflecting the company's strong confidence in his leadership capabilities.
- Leadership Stability: Co-Founder Richard J. Campo will serve as Executive Chairman of the Board, while D. Keith Oden remains Executive Vice Chairman, ensuring consistency and stability in the company's strategic direction.
- Future Growth Strategy: Camden Property Trust outlines plans for a $1.5B to $2B asset sale in California and projects a core FFO midpoint of $675 million for 2026, highlighting its proactive approach to expanding in the Sun Belt market.
See More
Camden Property Trust Announces Senior Leadership Changes
- Executive Promotions: Camden Property Trust has promoted Alexander J. Jessett to Chief Executive Officer, joining the Board of Trust Managers, which signifies a pivotal leadership change aimed at ensuring effective management in the future.
- Leadership Team Restructuring: Laurie A. Baker has been elevated to President and Chief Operating Officer, overseeing operational strategies that further enhance the company's capabilities in the multifamily apartment market.
- Financial Leadership Transition: Benjamin D. Fraker has been promoted to Chief Financial Officer and Treasurer, responsible for financial planning and capital market transactions, ensuring robust financial management and transparency for the company.
- Founder's Role Enhancement: Richard J. Campo will serve as Executive Chairman, continuing to influence the company's strategic direction, thereby ensuring sustained growth and development in the years ahead.
See More
RICHARD J. CAMPO APPOINTED EXECUTIVE CHAIRMAN OF CAMDEN PROPERTY TRUST BOARD
- Leadership Announcement: Richard J. Campo has been appointed as the Executive Chairman of the Board for Camden Property Trust.
- Company Overview: Camden Property Trust is a real estate investment trust (REIT) focused on the acquisition, development, and management of multifamily residential properties.
See More
CAMDEN PROPERTY TRUST ELEVATES BENJAMIN D. FRAKER TO EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER, AND TREASURER
- Leadership Announcement: Camden Property Trust has promoted Benjamin D. Fraker to the positions of EVP, CFO, and Treasurer.
- Company Overview: Camden Property Trust is a real estate investment trust focused on the acquisition, development, and management of multifamily residential properties.
See More
CAMDEN PROPERTY TRUST ELEVATES ALEXANDER J. JESSETT TO CEO AND BOARD MEMBER POSITION
New Leadership Announcement: Camden Property Trust has appointed Alexander J. Jessett as the new CEO and a member of the board.
Strategic Direction: The appointment is expected to guide the company in its future strategic initiatives and growth plans.
See More
CAMDEN PROPERTY TRUST REVEALS PROMOTIONS AND ADJUSTMENTS IN SENIOR LEADERSHIP TEAM
Promotions Announced: Camden Property Trust has announced several promotions within its senior leadership team.
Leadership Changes: The changes aim to enhance the effectiveness and direction of the company's management structure.
See More
