BOSTON—Multifamily investment manager the Berkshire Group has formed a new board that includes Charles B. Leitner, its newly appointed CEO. The industry veteran joined Berkshire as president last October, and now assumes the CEO’s chair as George Krupp, the company’s co-founder, becomes chairman of the board.

Along with Krupp and his brother Douglas Krupp, who now serves as vice chairman and co-founded Berkshire in 1969, the board includes also Joseph Azrack, principal owner, Azrack & Co. and senior advisor to Apollo Global Management; C. Ronald Blankenship, who serves on the boards of Regency Centers Corp., Pacolet-Milliken Enterprises Inc. and Carefree Communities; and Jeanne Myerson, president and CEO of the Swig Co.

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