Aimco board names Stone chairman

Apartment Investment and Management Company announced that its Board of Directors has named R. Dary Stone as Chairman of the Board, effective February 1, 2023. Mr. Stone was appointed to the Aimco Board in December 2020 and has served in other Board leadership roles at Aimco including Chairman of the Nominating, Environmental, Social, and Governance Committee. He is an accomplished executive who brings investment and finance, real estate, and capital markets experience having served as President of multiple real estate companies, including as President and COO of Cousins Properties. Mr. Stone also brings governance expertise through his current board service at Cousins Properties, where he is Chairman of the Nominating and Governance Committee, and Tolleson Wealth Management and Tolleson Private Bank, as well as prior board positions at Parkway Properties, Baylor University and the Texas Banking Commission. "I’m honored to be able to serve Aimco, its shareholders, and its outstanding Board," said Mr. Stone. "These Board committee changes signal our commitment to driving shareholder value creation while further enhancing the Company’s governance profile. The Board and leadership team will continue to engage with shareholders, and be responsive to their feedback, as we execute on the significant opportunities ahead to drive strong returns."