Camden Property Trust appoints new CEO, President/COO, CFO; Campo becomes Executive Chairman
CAMDEN PROPERTY TRUST
Richard J. Campo becomes Executive Chairman; Alexander J. Jessett becomes CEO, Laurie A. Baker President/COO, Benjamin D. Fraker EVP-CFO, all effective March 24, 2026.
Jessett’s employment agreement provides base salary of $775,000, annual incentive, equity eligibility, and severance of 2x gross income if terminated without cause.
Initial employment term for Jessett ends August 20, 2027, with automatic one-year renewals unless either party gives 60 days' notice.
Campo’s letter agreement defines his position as Executive Chairman and clarifies that changes in duties trigger good reason provisions.
Jessett also appointed to the Board of Trust Managers; Board adopted bylaw amendments related to the officer changes.
CAMDEN PROPERTY TRUST: Second Amendment to the Sixth Amended and Restated Bylaws adopted in connection with executive officer changes (effective 2026-03-24).
Change
bylaw amendment
Effective
2026-03-24
Exact text from the filing
Effective as of March 24, 2026, the Company adopted the Second Amendment (the “Second Amendment”) to the Sixth Amended and Restated Bylaws of the Company in connection with the executive officer changes described in Item 5.02 above.
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