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DENVER-Michael A. Stein, chief financial officer of ICOS Corp., is the newest member of the board of directors for Apartment Investment and Management Co. Aimco is the largest US multifamily real estate investment trust by some measures.

Stein previously served as executive vice president and chief financial officer of Nordstrom Inc., and held a similar position at Marriott International Inc. Before joining Marriott in 1989, he spent 18 years at Arthur Andersen LLP, where he was a partner and served as head of the commercial group within the Washington, DC financial consulting and audit division. Stein is a certified public accountant.

With the addition of Stein to the Aimco board, five of Aimco’s six directors are independent. Stein was elected to fill a vacancy created by the resignation of Peter K. Kompaniez from the board. Kompaniez remains with Aimco as its California division vice president with responsibility for its $2-billion portfolio of 45 conventional properties with approximately 13,000 units. Kompaniez, who retains the title of vice chairman, is one of the founders of Aimco and has previously served as Aimco’s president.

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