secwatch.observer — SEC 8-K summary
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Issuer:     APARTMENT INVESTMENT & MANAGEMENT CO (AIV)
CIK:        0000922864
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0000950170-23-002532
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Terry Considine resigns from Aimco board to focus on AIR; no disagreement
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- Terry Considine resigned immediately from Aimco board on Feb 13, 2023.
- Resignation not due to disagreement; he steps down to focus on Apartment Income REIT Corp. (AIR) where he is CEO.
- Considine served nearly 30 years, founded predecessor, led IPO in 1994, grew Aimco into largest apartment owner by 1999.
- Under 'new Aimco', net asset value per share doubled despite falling apartment values.
- Considine will remain an Aimco shareholder; board expresses gratitude.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/922864/000095017023002532/0000950170-23-002532-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/922864/000095017023002532/aiv-20230213.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-002532

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