New Jersey's New Top Money Man Embraces Key Role At Pivotal Time

SAN FRANCISCO, Feb. 4 /PRNewswire-FirstCall/ -- BRE Properties Inc. (NYSE: BRE) today announced the retirement of Roger P. Kuppinger from the company's board of directors, effective May 14, 2008, and the appointment of Paula Downey to the board, effective March 1, 2008. This change is part of an ongoing board succession plan, which was implemented to ensure an orderly transition as board members reach retirement age.

"Roger Kuppinger has served on the board since 1995, and his contributions on a number of committees, in particular the audit committee, have been exceptional," said Board Chairman Robert A. Fiddaman. "Roger's sharp focus on finance and his real estate experience have been invaluable to our stakeholders. The board would like to thank him for all his contributions."

Downey is president of AAA Northern California, Nevada and Utah (CSAA), a position she has held since 2005. read more