Crescent Real Estate Announces Resignation of David Sherman From Board of Trust Managers.Business Editors FORT WORTH, Texas--(BUSINESS WIRE)--Feb. 14, 2003 Crescent Real Estate Equities Company Crescent Real Estate Equities Co. (NYSE: CEI) is a Fort Worth, Texas-based real estate investor with holdings mainly in office and hotel properties, including several landmark buildings in the southern United States. (NYSE NYSE See: New York Stock Exchange :CEI CEI Competitive Enterprise Institute CEI Conferenza Episcopale Italiana (Italian bishop conference) CEI Central European Initiative CEI Comitato Elettrotecnico Italiano (Italian Electrotechnical Committee) ) today announced that David M. Sherman has resigned from its Board of Trust Managers, effective immediately. Mr. Sherman will be devoting more time to his other business activities, which include being a co-managing member of Metropolitan Real Estate Equity Management, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , as well as continuing his role as an adjunct professor of real estate at Columbia University Graduate School of Business Administration. "We thank Mr. Sherman for his contributions to the company while serving as a member of Crescent's board," commented John C. Goff, vice chairman and 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. of Crescent Real Estate Equities Company. "We wish him well in his future endeavors." ABOUT THE COMPANY Crescent Real Estate Equities Company (NYSE:CEI) is one of the largest publicly held real estate investment trusts in the nation. Through its subsidiaries and joint ventures, Crescent owns and manages a portfolio of 73 premier office buildings totaling 29.5 million square feet located primarily in the Southwestern United States, with major concentrations in Dallas, Houston, Austin and Denver. In addition, the company invests in world-class resorts and spas and upscale residential developments. |
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