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Equity Residential CFO Donna Brandin Resigns

CHICAGO-Equity Residential will have a $1-million charge during the third quarter due to the resignation.

By Gina Kenny | Updated on September 12, 2007

(Read more on the multifamily market.)

CHICAGO-Equity Residential CFO and EVP Donna Brandin is resigning effective Sept. 14. Brandin, 49, “is resigning in order to pursue other professional and personal interests, not as a result of any disagreement with the company regarding financial or accounting practices,” according to a released statement from the locally based company. Representatives from Equity Residential did not return several phone calls seeking comment. John Lennox, a senior vice president with the company, will serve as interim chief financial officer.

Brandin reached her last post with the company in August 2004 when David Neithercut was promoted to EVP of corporate strategy, as reported by GlobeSt.com. Neithercut is currently the company’s president and CEO. Billionaire investor Sam Zell is chairman of the company’s board of trustees.

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