ARC Prez/COO Resigns

Affordable Residential Communities Inc., Denver, has reported the resignation, effective immediately, of George McGeeney as president and chief operating officer of the real estate investment trust.The reason for the resignation was not disclosed. The equity REIT said Scott Jackson, the company's chairman and chief executive officer, has been appointed to the additional post of co-chief operating officer, and vice chairman John Sprengle has assumed the title of president and co-COO. In addition, Lawrence Kreider has been promoted to chief financial officer, the REIT said. ARC, which specializes in manufactured home communities, can be found online at http://www.aboutarc.com.