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BRE Properties chief financial officer resigns (AP)

Thu, 13 Nov 2008 23:15:04 Etc/GM

SAN FRANCISCO (AP) -- BRE Properties, Inc. said Thursday that its chief financial officer has resigned for personal reasons.

The resignation of Henry Hirvela was effective Thursday, and is "not a result of any disagreement with the company regarding financial or accounting practices," the company said in a statement.

Hirvela will be replaced by Edward Lange, the company's current executive vice president and former CFO.

Shares of BRE Properties rose $3.91, or 14 percent, to close at $31.55 in a rising market.


source: http://biz.yahoo.com/ap/081113/bre_properties_cfo.html?.v=1

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