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Equity Residential’s COO to Retire; Successor Named
Equity Residential COO and EVP David Santee will step down as COO on June 30 and retire from the apartment REIT by year’s end. Michael Manelis, currently EVP of property operations, will become Equity’s COO effective July 1.
Santee, who joined Equity in 1995, has served in his current roles since 2013. “It would be difficult to overstate the positive and long-lasting impact David Santee has had on our organization,” said president and CEO David J. Neithercut. “He has played an integral role in all that we have accomplished over the last 23 years, and has been a great friend, leader and mentor.”
Neithercut said the promotion of Manelis, a 19-year company veteran, was “the result of a successful succession planning process. Michael is currently responsible for our revenue management, facilities and IT groups and as COO will lead our entire operations and property management teams to continued success.”
- ◦People
