Behringer Harvard Founder Transitions to Chairman Emeritus

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Effective immediately, Robert Behringer has resigned his position as chairman of Behringer Harvard Holdings LLC and has assumed the role of chairman emeritus.

Dallas—Effective immediately, Robert Behringer has resigned his position as chairman of Behringer Harvard Holdings LLC and has assumed the role of chairman emeritus. Behringer also has resigned his positions as chairman of the board of four public Behringer Harvard investment programs including REIT I, Opportunity REIT I, Opportunity REIT II and Multifamily REIT I. Having received a diagnosis of a medical condition affecting his speech, Behringer decided to accelerate a succession plan initiated more than a year ago.

In September 2011, the company announced the appointment of Robert Aisner, previously president, to chief executive officer, assuming the role from Robert Behringer. At the same time, Behringer transitioned to chairman as part of a broader succession plan that included the appointment of Jason Mattox, previously chief administrative officer, to chief operating officer. Mattox assumed the COO role previously held by Robert Chapman, who remains with the company as executive vice president.

Behringer’s decision to resign as chairman is part of the continuation of an existing succession plan, the timing of which was enacted earlier than planned due to his medical diagnosis, which prompted this transition.

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