Bedford Property Investors, Inc. Announces the 2005 Retirement Date for Its President, James R. Moore.Business Editors LAFAYETTE, Calif.--(BUSINESS WIRE)--March 9, 2004 Bedford Property Investors, Inc. (NYSE NYSE See: New York Stock Exchange :BED) today announced that James R. Moore, its President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , has announced his intention to retire in July 2005. Starting in the third quarter of 2004 Stephen M. Silla, the Company's Senior Vice President, Acquisitions will begin the transition process to take over the operational responsibilities of Mr. Moore. Concurrently with Mr. Silla's assumption of new responsibilities, Rod Diehl, a Vice President and Regional Manager for the Company, will be transitioning to take over Mr. Silla's current duties with respect to acquisitions and dispositions. "Jim has been a major contributor to the success of the company since he joined us in 1995," said CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Peter Bedford Peter Lawrence Anthony "Wheels" Bedford (born April 11, 1947) is a former Australian rules footballer. He is best known for his time at Victorian Football League team South Melbourne, but he also played eight games for Carlton. Peter began his football career at C.B.C. . "We understand his desire to spend more time with his family and appreciate that Jim is willing to work up to his 65th birthday. He will be missed, but we are fortunate he will be able to pass on some of his knowledge and systems to Steve Silla, who will be taking over Jim's operations responsibilities." Bedford Property Investors is a self-administered equity real estate investment trust with investments in suburban office buildings and industrial properties concentrated in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century . It is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and the Pacific Exchange under the symbol "BED" and its web site is www.bedfordproperty.com. |
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