Operator
Good day, everyone, and welcome to AvalonBay Communities Second Quarter 2021 Earnings Conference Call. [Operator Instructions]
Your host for today s conference is Mr. Jason Reilley, Vice President of Investor Relations. Mr. Reilley, you may begin.
Jason Reilley
Vice President of Investor Relations
Thank you, April, and welcome to AvalonBay Communities Second Quarter 2021 Earnings Conference Call. Before we begin, please note that forward-looking statements may be made during this discussion. There are a variety of risks and uncertainties associated with forward-looking statements, and actual results may differ materially. There is a discussion of these risks and uncertainties in yesterday afternoon s press release as well as in the company s Form 10-K and Form 10-Q filed with the SEC. As usual, this press release does include an attachment with definitions and reconciliations of non-GAAP financial measures and other terms, which may be used in today s discussion. The
Operator
Good morning, ladies and gentlemen, and welcome to the AvalonBay Communities Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] Your host for today s conference call is Mr. Jason Reilley, Vice President of Investor Relations. Mr. Reilley, you may begin your conference.
Jason Reilley
Vice President of Investor Relations
Thank you, Valley. And welcome to AvalonBay Communities fourth quarter 2020 earnings conference call. Before we begin, please note that forward-looking statements may be made during this discussion. There are a variety of risks and uncertainties associated with forward-looking statements, and actual results may differ materially. There is a discussion of these risks and uncertainties in yesterday afternoon s press release as well as in the company s Form 10-K and Form 10-Q filed with the SEC.
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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 Mr. Schall will be appointed as CEO and Mr. Naughton will remain on the Board in the position of Executive Chair.
Mr. Schall is currently the Chief Executive Officer and President and a trustee of Seritage Growth Properties, a publicly traded real estate investment trust (REIT) principally engaged in owning, developing and managing a diversified portfolio of retail and mixed-use properties throughout the United States. Prior to joining Seritage in his current roles in May 2015, Mr. Schall served as Chief Operating Offic