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MAA CFO Albert Campbell to Retire

Real estate investment trust Mid-America Apartment Communities Inc (MAA) said on Wednesday that Albert Campbell, chief financial of the company will retire effective March 31, 2024.

The company said Campbell initially joined in 1998 and he was named CFO of MAA at the beginning of 2010. He previously served in various finance and accounting roles with electrical supplies manufacturing firm Thomas & Betts Corp.

Eric Bolton, chief executive of the company said, MAA is grateful for Albert’s twenty-five years of exceptional service. He also said Albert and the company’s accounting and finance team have resulted in the company’s balance sheet, tax, and internal audit operations in a strong position.

Clay Holder, senior vice-president and accounting chief, will take charge as chief financial officer with the retirement of Campbell. Holder joined MAA in 2017, before which, he spent seven years in various accounting and finance roles at Tennessee-based retail firm AutoZone Inc.

Clay, in his capacity as accounting chief, has extensive knowledge of MAA’s finance and accounting operations and has been a key contributor to their success, added Bolton.

MAA said as part of Campbell’s planned retirement, he will remain an advisor to the company through the end of 2024 to continue as a support for the company and facilitate an orderly transition.

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Anne Florentyna

Anne Florentyna, Business Correspondent reports on sector wide company news that moves the overall economy, mostly hailing from Middle East and that are around the Asia Pacific region. She is passionate about research and loves to question than believe in theories. Anne previously worked with Reuters News as a U.S. Consumer and Retail Correspondent based in Bengaluru, India.

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