Tim Naughton, chief operating officer of AvalonBay Communities, has been named president of the Alexandria, Va.-based company.Mr. Naughton will succeed Bryce Blair, who will remain chairman and chief executive officer of AvalonBay, the company said. Mr. Naughton has been with the company and its predecessors since 1989. AvalonBay also announced that Sam Fuller, its executive vice president of development and construction, will leave the company after 16 years as of April 30. The company can be found online at http://www.avalonbay.com.
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