SOURCE: Dominium

Dominium

January 30, 2012 11:18 ET

Property Management President and COO to Leave Dominium

Segner Will Stay On to Ensure Smooth Transition

MINNEAPOLIS, MN--(Marketwire - Jan 30, 2012) - Dominium, a leading apartment development and management company, announced today that Property Management President and COO Jon Segner will be leaving the company to pursue other opportunities. He has agreed to stay on, however, while the company conducts a nationwide search for his replacement.

"Jon has brought great financial discipline to our organization and has standardized operations," said Paul Sween, co-managing partner. "This has allowed Dominium to grow exponentially."

Segner joined Dominium in 2001. Since that time the Property Management Group has grown from 13,000 units to 23,000 units and has expanded into new states and regions, including Georgia, California, Texas, Arizona and Florida.

Segner currently serves as the board chair for the Minnesota Multi Housing Association and serves on the boards of the National Multi Housing Council and Heartland Business Intelligence, LLC.

About Dominium
Founded in 1972 by David Brierton and Jack Safar, Dominium is a Minneapolis-based owner, developer, and manager of apartment communities nationwide. With more than 20,000 owned and/or managed units at 200 sites in 21 states, Dominium is known for creative solutions to unique and challenging development projects, and management expertise. For more information visit www.dominiumapartments.com

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