Invitation Homes Inc. announced Ernie Freedman will step down as Chief Financial Officer as of June 1, 2023, and concurrently announced the planned succession appointment of Jonathan Olsen, current Executive Vice President, Corporate Strategy & Finance, as the Company's new Chief Financial Officer. To provide for a smooth transition, Freedman will enter into a consulting arrangement with the Company to provide advisory services through March 31, 2024. Olsen has served in his current role since February 2020.

He joined Invitation Homes in 2012 and previously served as Senior Vice President, Finance and Head of Capital Markets from June 2016 to February 2020, as Managing Director and Head of Capital Markets from April 2013 to June 2016, and as Managing Director and Co-Head of Asset Management from June 2012 to April 2013. From 2003 to 2012, Olsen worked in the real estate investment banking groups at Banc of America Securities, Goldman Sachs, and Jefferies & Company, and from 1996 to 2001 he worked in the mergers and acquisitions groups at UBS Securities, SG Cowen Securities, and PepsiCo Inc.