AmeriVest Names William Atkins Chairman of the Board, Elects Jerry J. Tepper a Director; Charles R. Hoffman Resigns as Chairman and a Director.Business Editors DENVER--(BUSINESS WIRE)--Dec. 21, 2000 AmeriVest Properties Inc. (AMEX AMEX See: American Stock Exchange : AMV AMV Anime Music Video AMV Avian Myeloblastosis Virus AMV Alfalfa Mosaic Virus AMV Army Motor Vehicle AMV Assisted Mechanical Ventilation AMV Armored Maintenance Vehicle AMV Accredited Meter Verifier AMV Annulus Master Valve ), a property-type specific real estate investment trust which owns 22 office properties serving small and mid-sized tenants, announced today that chief executive officer William Atkins William Atkins may to refer to:
Tepper, 63, is president of Tepco, Inc., a privately-held real estate investment company, president of CF Group Ltd., a privately-held investment company in the retail food business and president of Schoenberg Farms, Inc., a dairy product company. Through Schoenberg Farms, Inc., Mr. Tepper is the company's largest shareholder, owning more than 10 percent of the company's outstanding common stock. Prior to forming Tepco, Tepper was also a director of Citizens Bank in Westminster CO, when it was purchased by Vectra Bank in 1999. From 1975 through 1980, Tepper was a director of Regal Petroleum, and from 1979 to 1983 he was a member of the United States Chamber of Commerce The United States Chamber of Commerce is the world's largest not-for-profit business federation, representing
William Atkins said, "We wish Charles Hoffman all the best in his well-deserved retirement. Mr. Hoffman has been a tremendous asset to AmeriVest since its inception. Our shareholders and employees owe him a debt of gratitude Gratitude agrimony traditional symbol for gratitude. [Flower Symbolism: Flora Symbolica, 172] Androcles because he had once extracted a thorn from its paw, the lion refrained from attacking Androcles in the arena. [Rom. Lit. for his dedicated service to the company. We are also pleased to welcome Jerry Tepper to our board. He brings to AmeriVest a wealth of successful business and management experience and we look forward to benefiting from his perspectives and insights." AmeriVest Properties Inc., with its principal office in Denver, Colorado, owns 22 office properties, and is a property-type specific REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). focused on serving small- to mid-sized office tenants in selected markets. Certain matters discussed in this release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including the risks and uncertainties of acquiring, owning, operating and disposing of real estate. Such risks and uncertainties are disclosed in the Company's past and current filings with the U.S. Securities and Exchange Commission. |
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