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

  • Sixth Sense: Meet Steven Fifield

    On a cool, spring Chicago morning, Steven Fifield instinctively sits cross-legged and assumes a meditation pose on a grassy rooftop at Left Bank at K Station, his firm's newest high-rise apartment community. The impromptu gesture surprised the MFE photographer, but actually makes perfect sense to...

     
  • Fueled by Growth

    Alliance Residential Co. isn't in the property management business to make money. The company's president, Bruce Ward, a self-described developer at heart, is adamant about that. That's right: The former fee-management arm of Trammell Crow Residential West—which found a three-year home at San...

     
  • Golden Warriors

    Looking for a company that can handle a tough job? The John Stewart Co. never turns down a challenge. In August 2005, the affordable housing firm signed on to redevelop a dilapidated San Francisco public housing project despite a major roadblock: a missing check from the federal government in the...

     
  • Golden Opportunities

    If a penny saved is a penny earned, then Berkshire Property Advisors has earned many pennies indeed. At every stage of a property investment and every level of the company, Berkshire searches for the “alpha,” the seemingly small factors in acquisitions, renovations, and management that add up to...

     
  • Family Values

    One of the company's principals reads to children in an after-school program. The human resources manager spearheads programs for single mothers. A property manager helps a laid-off resident find a new job.

     
 
 
 

Economic Conditions

Green Builders