Douglas Emmett Appoints Kevin Crummy as Chief Investment Officer
SANTA MONICA, Calif., July 24, 2014 /PRNewswire/ -- Douglas Emmett, Inc. (NYSE:DEI), a real estate investment trust (REIT), announced today that Mr. Kevin Crummy joined its executive management team as its Chief Investment Officer. Prior to joining Douglas Emmett, Mr. Crummy spent 20 years at Eastdil Secured, a real estate investment banking company, where he was a Managing Director focused on sales and recapitalizations in Los Angeles, Hawaii and the other major West Coast markets. Mr. Crummy also led the Eastdil Secured team that sourced Asian capital for real estate transactions in the United States and Europe. Mr. Crummy holds a Bachelor of Business Administration and a Master of Science in Real Estate and Urban Land Economics from the University of Wisconsin School of Business.
Commenting on Mr. Crummy's appointment, Jordan Kaplan, President & CEO said, "I have worked closely with Kevin for almost 20 years while he was at Eastdil Secured and have come to trust his experience and judgment. He will be a great addition to our senior management team."
About Douglas Emmett, Inc.
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities. For more information about Douglas Emmett, please visit our website at www.douglasemmett.com.
Safe Harbor Statement
Except for the historical facts, the statements in this press release regarding Douglas Emmett's business activities are forward-looking statements based on the beliefs of, assumptions made by, and information currently available to us about known and unknown risks, trends, uncertainties and factors that are beyond our control or ability to predict. Although we believe that our assumptions are reasonable, they are not guarantees of future performance and some will inevitably prove to be incorrect. As a result, our actual future results can be expected to differ from our expectations, and those differences may be material. Accordingly, investors should use caution in relying on forward-looking statements to anticipate future results or trends. For a discussion of some of the risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in our Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission.
Stuart McElhinney, Vice President – Investor Relations
310.255.7751 [email protected]
SOURCE Douglas Emmett, Inc.
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