BIRMINGHAM, Ala., Feb. 17 /PRNewswire-FirstCall/ -- Colonial Properties
Trust (NYSE: CLP) today announced the appointment of John E. Tomlinson as
Executive Vice President and Chief Accounting Officer effective February 14,
2005. Mr. Tomlinson, who is a Certified Public Accountant, will be
responsible for internal control functions, GAAP compliance, SEC reporting,
regulatory agency compliance and reporting, management reporting and
accounting operations. "This move positions us to tap into a tremendous
resource of experience and expertise and is consistent with our forward
looking strategic initiatives," says Weston Andress, Chief Financial and Chief
Investment Officer.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030709/CLPLOGO-c )
Mr. Tomlinson has over 12 years experience in public accounting and comes
to Colonial Properties Trust from Deloitte & Touche LLP where he served as
Senior Manager from May 2002 through January 2005. He holds a Bachelor of
Science of Professional Accountancy and a Master of Business Administration
from Mississippi State University. Prior to Deloitte & Touche, Mr. Tomlinson
served as a Senior Manager / Manager at Arthur Andersen LLP from September
1996 through May 2002. Mr. Tomlinson's experience includes independent audits
of public and private entity financial statements, merger and acquisition due
diligence, business risk assessment and registration statement work for public
debt and stock offerings.
Colonial Properties Trust's senior accounting team will include Ken
Howell, a 24 year veteran of the Company, as Senior Vice President of
Accounting Operations and Charles "Trey" Fulton who is joining Colonial
Properties as Senior Vice President for Regulatory Reporting. Mr. Fulton also
joins Colonial Properties from Deloitte & Touche. He is a CPA and received
both his B.S. in Accounting and Masters of Accountancy from Auburn University.
Colonial Properties Trust is a diversified REIT that, through its
subsidiaries, owns a portfolio of multifamily, office and retail properties
where you live, work and shop in Alabama, Florida, Georgia, Mississippi, North
Carolina, South Carolina, Virginia, Tennessee, Texas, Arizona, Nevada and New
Mexico. Colonial Properties Trust performs development, acquisition,
management, leasing and brokerage services for its portfolio and properties
owned by third parties. Colonial Properties Trust is a diversified REIT,
which has a total market capitalization in excess of $3.5 billion. The
foundation of Colonial Properties' success is its live, work and shop
diversified investment strategy. The Company manages or leases
29,100 apartment units, 6.8 million square feet of office space and
15.6 million square feet of retail shopping space. Additional information on
Colonial Properties Trust is available on the Internet
at http://www.colonialprop.com . The Company, headquartered in Birmingham,
Ala., is listed on the New York Stock Exchange under the symbol "CLP" and is
included in the S&P SmallCap 600 Index.
SOURCE Colonial Properties Trust
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Related links:
http://www.colonialprop.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20030709/CLPLOGO-c
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Barbara M. Pooley, Senior Vice President,
Investor Relations of Colonial Properties Trust, +1-704-376-1774
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