---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-043164"
form_type: "8-K"
ticker: null
cik: "0000926660"
company_name: "Apartment Income REIT, L.P."
filed_at: "2024-10-08T23:59:59+00:00"
generated_at: "2026-05-30T18:55:41.034982+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CEO and CIO depart Apartment Income REIT; co-PEOs appointed

## Summary
- CEO Terry Considine stepped down Oct 2; replaced by co-PEOs Lisa Cohn and Keith Kimmel.
- CIO Joshua Minix departed Oct 7; both resignations not due to disagreements.
- Considine receives $4.6M severance plus $2.57M pro-rata STI and $1.25M additional payment.
- Minix receives $1.62M separation payment.
- Considine's unvested LTIP units partially accelerate: 246,356 LTIP I and 2,562,284 LTIP II vested.

## SEC filing metadata
- accession: 0001140361-24-043164
- form_type: 8-K
- cik: 0000926660
- company_name: Apartment Income REIT, L.P.
- filed_at: 2024-10-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/926660/000114036124043164/0001140361-24-043164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/926660/000114036124043164/ef20036813_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-043164
- JSON: https://secwatch.observer/filing/0001140361-24-043164.json
- Plain text: https://secwatch.observer/filing/0001140361-24-043164.txt

## Key facts
- Executive change
  Joshua Minix departed as Executive Vice President and Chief Investment Officer at Apartment Income REIT, L.P..
  - Action: stepped down
  - Role: Executive Vice President and Chief Investment Officer
  source text: On October 7, 2024, effective immediately, Joshua Minix stepped down as the Partnership’s Executive Vice President and Chief Investment Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/926660/000114036124043164/0001140361-24-043164-index.htm
- Executive change
  Terry Considine departed as director at Apartment Income REIT, L.P..
  - Action: stepped down
  - Role: director
  source text: On October 2, 2024 (the “Separation Date”), effective immediately, Terry Considine stepped down as Chief Executive Officer of Apartment Income REIT, L.P. (the “Partnership”) and as a director of the board
  evidence_url: https://www.sec.gov/Archives/edgar/data/926660/000114036124043164/0001140361-24-043164-index.htm
- Executive change
  Terry Considine departed as Chief Executive Officer at Apartment Income REIT, L.P..
  - Action: stepped down
  - Role: Chief Executive Officer
  source text: On October 2, 2024 (the “Separation Date”), effective immediately, Terry Considine stepped down as Chief Executive Officer of Apartment Income REIT, L.P. (the “Partnership”) and as a director of the board
  evidence_url: https://www.sec.gov/Archives/edgar/data/926660/000114036124043164/0001140361-24-043164-index.htm
- Executive change
  Keith M. Kimmel was appointed as co-principal executive officer at Apartment Income REIT, L.P..
  - Action: appointed
  - Role: co-principal executive officer
  source text: On October 2, 2024, the Board appointed Lisa R. Cohn, age 55, President, General Counsel and Secretary of the Partnership and a director of the Board, and Keith M. Kimmel, age 52, President of Property Operations of the Partnership, to serve as co-principal executive officers of AIR and the general partner of the Partnership to replace Mr. Considine
  evidence_url: https://www.sec.gov/Archives/edgar/data/926660/000114036124043164/0001140361-24-043164-index.htm
- Executive change
  Lisa R. Cohn was appointed as co-principal executive officer at Apartment Income REIT, L.P..
  - Action: appointed
  - Role: co-principal executive officer
  source text: On October 2, 2024, the Board appointed Lisa R. Cohn, age 55, President, General Counsel and Secretary of the Partnership and a director of the Board, and Keith M. Kimmel, age 52, President of Property Operations of the Partnership, to serve as co-principal executive officers of AIR and the general partner of the Partnership to replace Mr. Considine
  evidence_url: https://www.sec.gov/Archives/edgar/data/926660/000114036124043164/0001140361-24-043164-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.