Comstock Homebuilding Companies Appoints Joseph M. Squeri as Chief Financial Officer
August 18 2010 - 4:53PM
Marketwired
Comstock Homebuilding Companies, Inc. (NASDAQ: CHCI) ("Comstock" or
the "Company") today announced that its Board of Directors has
appointed Joseph M. Squeri as the Company's Chief Financial
Officer, effective as of August 16, 2010.
Squeri brings more than a decade of public company leadership
experience in corporate finance, strategic planning, accounting and
operations. He has served in a number of financial management roles
including positions as the Chief Financial Officer of Choice Hotels
International (NYSE: CHH) and Federal Realty Investment Trust
(NYSE: FRT). A certified public accountant, Joe holds a bachelor's
degree from the University of Virginia. Mr. Squeri's predecessor,
Jeffrey R. Dauer, will assist with transition duties through August
31, 2010.
"Joe is an experienced public company executive and we are
delighted to have him join Comstock's management team," said
Comstock Chairman and Chief Executive Officer Christopher Clemente.
"Joe's significant experience in leading finance functions and his
strategic planning and operational background will be invaluable as
Comstock moves forward with its strategic objectives."
About Comstock Homebuilding Companies, Inc.
Established in 1985, Comstock Homebuilding Companies, Inc. is a
publicly traded real estate development firm with a focus on a
variety of for-sale residential and mixed-use products. The company
currently focuses on the Washington, D.C. metropolitan area,
actively marketing its products under the Comstock Homes brand.
Comstock Homebuilding Companies, Inc. trades on NASDAQ under the
symbol CHCI. For more information on the Company or its projects
please visit www.comstockhomebuilding.com.
Cautionary Statement Regarding Forward-Looking Statements
This release contains "forward-looking" statements that are made
pursuant to the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve
known and unknown risks and uncertainties that may cause actual
future results to differ materially from those projected or
contemplated in the forward-looking statements. Additional
information concerning these and other important risks and
uncertainties can be found under the heading "Risk Factors" in the
Company's most recent Form 10-K, as filed with the Securities and
Exchange Commission. Comstock specifically disclaims any obligation
to update or revise any forward-looking statements, whether as a
result of new information, future developments or otherwise.
Contact: Judith Spencer 703.230-1146
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