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William C. Bayless, Jr., our president and chief executive officer, is a co-founder of American Campus and serves on our board of directors. Prior to assuming the role of CEO in 2003, he served as our chief operating officer where he directed all of the company's business segments. From 1993 until July 1995, he served as our vice president of development. Prior to the formation of ACC, he served as the director of operations for Century Development's student housing division and as the director of marketing for the student housing division of Cardinal Industries. His student housing career began in 1984 with Allen & O'Hara where he held the positions of resident assistant, resident manager and area marketing coordinator. Mr. Bayless, who received a B.S. in Business Administration from West Virginia University, is considered one the nation's foremost experts on student housing. | 