Essex Property Trust Retains Strategy After CEO Succession

Multiyear planning and senior management preparedness streamline a seamless CEO succession at Essex Property Trust.

Essex Proerpty Trust president and CEO Michael Schall takes over the company, planning a larger focus on operations but keeping the companies founding principles and strategies relatively intact.

 

Executive Profiles

  • College Dreams

    Walk through the offices of Capstone Development Corp. in Birmingham, Ala., and the baseball hats lining the hallways are hard to miss. Pick a college–Winthrop, Duke University, or Arizona State, for instance–and you just might see its colors on the walls. That's because each time Capstone...

     
  • Culture Club

    To some, a rectangular stamp with the words "Same Day Service" inside may not mean much. But to Penny Priebe, the property manager at Hunter's Glen, a Laramar Group property in Aurora, Ill., it was very important. When Dave Woodward, managing partner and CEO of Chicago-based Laramar stopped by...

     
  • Growth Cycle

    Kevin Timochenko wanted Wyomissing Gardens badly. He wanted the 156-unit property in Reading, Pa., so badly, in fact, that he offered the Department of Housing and Urban Development $2.2 million for the complex. But, after the agency made a last-minute request for $200,000 in back property taxes as...

     
  • Industrial Revolutionary

    Brian O'Neill doesn't have a college degree. He never even got a high school diploma. But who needs either of those when you have enough land to provide about $4 billion worth of apartments and condos?

     
  • Senior Centric

    One of the basic battles in American business is big versus small. Large chains come into an area and offer affordable prices but often have impersonal service. Small businesses may have higher prices but better customer service. So, what if one company could bridge this gap, enjoying building and...

     
 
 
 

Economic Conditions

Green Builders