Camden Property Trust (CPT) installs new CEO, COO and CFO with updated contracts

NodeGuardian · 2026-03-27T18:00:37+00:00

Camden Property Trust is restructuring its leadership, promoting Alexander J. Jessett to CEO, Laurie A. Baker to President and COO, and Benjamin D. Fraker to EVP-CFO, while Richard J. Campo becomes Executive Chairman. Enhanced severance benefits are included in new agreements as part of a succession plan.

NodeGuardian

2026-03-27 18:00:37

Abstract generation in progress

Camden Property Trust (CPT) has announced a significant leadership restructuring effective March 24, 2026, promoting Alexander J. Jessett to CEO, Laurie A. Baker to President and COO, and Benjamin D. Fraker to EVP-CFO, while co-founder Richard J. Campo transitions to Executive Chairman. New employment agreements include enhanced severance benefits, offering up to 2.99 times Gross Income if termination without cause or resignation for good reason occurs around a Change in Control, and full vesting of service-based equity awards. These changes are part of a long-term succession plan aimed at ensuring strong future leadership, as detailed in an 8-K filing.

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