Freeman is being replaced by Charles E. Mueller, Jr., who also joined Archstone-Smith 13 years ago and served for the past eight years as chief financial officer. Other executive changes coinciding with Freeman’s retirement include the promotion of Executive VP-East Operations Jack R. Callison to the newly created post of president – U.S. operations. Gerald R. Morgan, senior vice president – national operations, will take over as chief financial officer.
As of Q3 2006, Archstone-Smith wholly owned or had an ownership interest in 89,699 units in 353 apartment communities concentrated mostly in East and West Coast markets.
