Timothy J. Naughton currently serves as the Executive Chairman of the Board of AvalonBay Communities, Inc. (NYSE: AVB). Mr. Naughton previously served as Chairman of the Board of AvalonBay from 2013 to 2021, as Chief Executive Officer from 2012 to 2021, and as President from 2005 to January 2021. Mr. Naughton joined AvalonBay’s predecessor entity in 1989 and has held various senior positions throughout his tenure with the company. Mr. Naughton served on the board of directors of Welltower Inc., (NYSE: WELL) from 2013 until 2019, previously served on the Executive Board and was a past Chair of the National Association of Real Estate Investment Trusts (Nareit), is a member and past chairman of the Multifamily Council of the Urban Land Institute and is a member of both The Real Estate Round Table and the Real Estate Forum. Mr. Naughton received his Master of Business Administration from Harvard Business School and received his Bachelor of Arts degree in Economics with High Distinction from the University of Virginia, where he was elected to Phi Beta Kappa.