Land & Buildings Nominates Highly-Qualified Director to American Homes 4 Rent Board
– Believes Company is Materially Undervalued, Has Drastically Underperformed Peers, and Has Failed to Capitalize on its Significant Potential –
– In Land & Buildings’ View, Blame for Company’s Substantial Underperformance Lies Squarely with CEO Singelyn and Entrenched, Insider-Laden Board –
– Disappointed that Company Reneged on Promise of True Board Refreshment Made During Land and Buildings’ Private Engagement –
– Shareholder Perspective, in the form of Land & Buildings’ Investment Professional Craig Melcher, is Sorely Needed in Boardroom to End Status Quo –