Douglas Emmett, Inc. Announces Christopher H. Anderson Will Not Stand for Re-Election as A Director
April 19, 2021 at 11:06 am
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On April 13, 2021, Christopher H. Anderson notified Douglas Emmett, Inc. that he would not stand for re-election as a director. The term of Mr. Anderson will end at the conclusion of the annual meeting of shareholders currently scheduled to be held on May 27, 2021 (the “Annual Meeting”). The decision of Mr. Anderson was not the result of any disagreement with the Company’s management or its board of directors (the “Board”). The Company currently anticipates reducing the size of its Board to 10 directors effective upon the conclusion of the Annual Meeting.
Douglas Emmett, Inc. is a fully integrated, self-administered and self-managed REIT. The Company owns and operates office and multifamily properties located in premier coastal submarkets in Los Angeles and Honolulu. The Company's properties are located in the Beverly Hills, Brentwood, Burbank, Century City, Olympic Corridor, Santa Monica, Sherman Oaks/Encino, Warner Center/Woodland Hills and Westwood submarkets of Los Angeles County, California, and in Honolulu, Hawaii. The Company operates through two segments: the office segment and the multifamily segment. The Company's segments include the acquisition, development, ownership and management of office and multifamily real estate. The services of its office segment include primarily the rental of office space and other tenant services, including parking and storage space rental. The services of its multifamily segment include primarily the rental of apartments and other tenant services, including parking and storage space rental.
DOUGLAS EMMETT, INC. 
