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Post Taps Crocker and Deriso as New Directors

ATLANTA-Directors John T. Glover and Robert L. Anderson have decided not to stand for re-election at Post Properties Inc.'s annual shareholders meeting May 27. Douglas Crocker II and Walter M. Deriso Jr. are expected to join the board at the meeting.

By Alex Finkelstein | Updated on January 27, 2004

ATLANTA-Post Properties Inc., which has undergone several board of director changes in the past two years, has nominated two well-known business leaders as the REIT’s new directors.

Douglas Crocker II, former president and CEO of Chicago-based Equity Residential, and Walter M. Deriso Jr., vice chairman of Synovus, a multi-billion-dollar diversified financial services company headquarter in Columbus, GA, are expected to join the board at Post’s annual shareholders meeting in Atlanta May 27.

At the same time, directors John T. Glover and Robert L. Anderson have decided not to stand for re-election. Glover has been a director since 1984, serving as vice chairman from March 2000 to February 2003. Anderson has been a director since 2000.

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