Independence Realty Trust, Inc. announced that Farrell Ender, President of the company, will be leaving the company effective May 1, 2023, to pursue other opportunities. In connection with Mr. Ender's departure, the company's asset management, revenue management and marketing initiatives will be realigned to fall under operations, which will continue to be led by Mike Daley, Executive Vice President of Operations and People and Janice Richards, Senior Vice President of Operations. The company's redevelopment initiatives, and acquisition and investment activities will continue to be managed by their respective senior department heads.

They will now report directly to Mr. Schaeffer, who will take on the additional title of President. These organizational changes are expected to streamline the business and enhance operational excellence as it seek to cultivate an exceptional experience for its residents and employees.