SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
Current Report
Pursuant to Section 13 of 15 (d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 15, 1996
South West Property Trust Inc.
(Exact name of registrant as specified in its charter)
Maryland
(State or other jurisdiction of incorporation)
1-11224 75-2434995
(Commission file number) (IRS employer identification no.)
5949 Sherry Lane, Suite 1400, Dallas, Texas 75225-8010
(address of principal executive offices (Zip code)
Registrant's telephone number, including area code: (214) 369-1995
(Former name or former address, if changed since last report)
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Item 5. Other Events
Daniel M. Jones III has joined the Company as Senior Vice-President of
Finance and Diana M. Laing has resigned as Chief Financial Officer, effective
August 15, 1996, to assume a similar position with a California real estate
company that is not engaged in the multi-family residential industry.
Mr. Jones is a certified public accountant with 20 years of cumulative
financial management experience (including positions at Dayton-Hudson, Federated
Department Stores and R.H. Macy & Co.) in functions of controller,
vice-president of finance and chief financial officer. He holds an accounting
degree, cum laude, from Virginia Commonwealth University.
Since 1988, Mr. Jones has devoted his energies to entrepreneurial
opportunities with emphasis on expense control and cash flow management. These
activities included owning an Entre Computer Center franchise, serving as
vice-president of finance for Wyatt Cafeterias and as chief operating officer
for Annie's Attic, Inc., a catalog company which was sold in 1996. Mr. Jones'
career responsibilities have included accounting, consumer credit, financial
planning, information systems, real estate, legal, treasury and risk management
functions.
Mr. Jones will assume all of Ms. Laing's finance and information systems
responsibilities and John S. Schneider, Chief Executive Officer, will
temporarily manage investor relations. The Company has undertaken an executive
search for a permanent Chief Financial Officer, a position for which Mr. Jones
will be a prime candidate.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
South West Property Trust Inc.
By: Lewis H. Sandler /s/
Lewis H. Sandler
Executive Vice President,
Secretary and General Counsel
Dated: July 15, 1996
