Avalonbay communities, inc. appoints benjamin schall president and announces ceo succession plan

Arlington, va.--(business wire)--avalonbay communities, inc. (nyse: avb) announced today that benjamin w. schall has been appointed president of the company and will join the company's board of directors, effective as of a mutually agreeable date on or before february 1, 2021. additionally, the company also announced that timothy j. naughton, the company's chairman, chief executive officer and president, plans to retire as chief executive officer (ceo) at the end of 2021 and that at such time m
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