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Management shakeup at Campus Crest

Oct. 08, 2014 7:17 AM ETCampus Crest Communities, Inc. (CCG-OLD) StockBy: Stephen Alpher, SA News Editor
  • The company's recent decision to slow down development activity leaves Chief Construction and Facilities office Brian Sharpe with less to do, and he has resigned. The position will not be filled.
  • COO Rob Dann will purse other opportunities, and has also resigned. Angel Herrera - COO of Campus Crest Real Estate Management - will transition into the COO role for NYSE:CCG.
  • Aaron Halfacre will become CIO and chair the Investment Committee.
  • "As we pledged on our last earnings calls, we have embraced positive change and are committed to taking actions to improve our results," says CEO Ted Rollins.
  • Press release

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Campus Crest Communities, Inc.