CCG Broadens Property Operations Team
April 29 2014 - 5:04PM
Business Wire
Adds Angel Herrera as Head of Operations for
Property Management Group
Campus Crest Communities, Inc. (NYSE: CCG), a leading developer,
builder, owner and manager of high-quality student housing
properties, today announced that it has hired Angel Herrera as Head
of Operations for Campus Crest Property Management Group, effective
April 28, 2014.
“We are thrilled to have Angel join our management team. His
extensive experience in running one of ARAMARK’s top performing
Higher Education Groups, combined with his knowledge of our
customers, will bolster our efforts in building a premier student
housing platform and strengthen our brands. As we continue to grow
our geographic footprint, Angel’s ability to execute and manage
operations at a tactical level will be a great asset to Campus
Crest,” said Rob Dann, the Company’s Chief Operating Officer.
“Angel's proven ability to implement tactical, repeatable and
scalable systems and processes on large portfolios enables us to
continue to grow our portfolio and deliver consistent operational
results."
Mr. Herrera comes from ARAMARK, where he was most recently the
Regional Vice President of the Higher Education Group for the
Southwest for the last nine years. In that role, he was responsible
for one of ARAMARK’s top performing higher education regions
providing services to 72 colleges and universities located in the
states of Texas, Oklahoma, Arkansas, Kansas, Louisiana and New
Mexico, with annual revenues of approximately $325 million and
approximately 8,000 employees. Prior to ARAMARK, he was a Division
Vice President for Burger King Corporation, where he oversaw over
700 franchised restaurants, generating over $750 million in
revenue. He has also been an Executive Vice President with Inter
Foods Corporation, a Senior Vice President of YUM and President of
YUM Mexico, as well as a Vice President/Managing Director for
PepsiCo for seven years, overseeing 170 restaurants generating $200
million in sales with more than 6,000 employees.
Mr. Herrera has an undergraduate degree from Boston College with
a major in marketing and graduate studies in law from the
Interamerican University School of Law.
“After a successful career at ARAMARK, I wanted to make a career
choice with a company that had a compelling vision and culture and
growth potential. When I had the opportunity to meet Campus Crest,
and see their culture, people and product first hand, it was a
clear choice for my future,” said Angel Herrera.
Mr. Herrera’s hiring will not have an impact to the Company’s
previously communicated 2014 guidance.
About Campus Crest Communities, Inc.
Campus Crest Communities, Inc. is a leading developer, builder,
owner and manager of high-quality student housing properties
located close to college campuses in targeted markets. Pro forma
for the Copper Beech restructure, the Company has ownership
interests in 80 student housing properties and over 43,000 beds
across North America, of which 70 are operating and 10 are
development or redevelopment properties. The Company is an equity
REIT that differentiates itself through its vertical integration
and consistent branding across the portfolio through three unique
brands targeting different segments of the college student
population. The Grove® brand offers more traditional apartment
floor plans and focuses on customer service, privacy, on-site
amenities and a proprietary residence life program. The Copper
Beech brand and townhome product offers more residential-type
living to students looking for a larger floor plan with a front
door and back porch. The evo brand provides urban students with a
luxury student housing option with all the conveniences of city
living. Additional information can be found on the Company's
website at http://www.campuscrest.com/.
Forward-Looking Statements
Forward-looking statements involve risks and uncertainties.
Actual future performance, outcomes and results may differ
materially from those expressed in forward-looking statements.
Please refer to the documents filed by Campus Crest Communities,
Inc. with the SEC, specifically the most recent reports on Forms
10-K and 10-Q, which identify important risk factors which could
cause actual results to differ from those contained in the
forward-looking statements.
Campus Crest Communities, Inc.Investor Relations,
704-496-2571
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