May 19, 2014 – Executive search firm Spencer Stuart has been retained by EdR to lead its search for a new chief financial officer. Current CFO Randall H. Brown has resigned effective June 30, 2014 in order to pursue other business opportunities. EdR is one of America's largest owners, developers and managers of collegiate housing. EdR is a self-administered and self-managed real estate investment trust that owns or manages 69 communities with over 38,000 beds that serve 57 universities in 23 states. Spencer Stuart is an executive search firm with 55 offices in 30 countries.