Armada Hoffler Appoints Shawn J. Tibbetts as Chairman of the Board

As part of a carefully planned succession, Shawn J. Tibbetts has been appointed as the Chairman of the Board of Directors for Armada Hoffler, effective January 1, 2026, marking the final phase of succession changes initiated in 2024. Tibbetts, a seasoned global executive with over two decades of leadership experience, will continue to lead the Company as President and Chief Executive Officer. Tibbetts' appointment is a reflection of the Board's confidence in his vision and leadership, with a focus on driving growth, strong governance, and disciplined execution to increase long-term value for shareholders.

Key Takeaways:

  • Shawn J. Tibbetts has been appointed as the Chairman of the Board of Directors for Armada Hoffler, effective January 1, 2026, in a unanimous decision by the Board of Directors.
  • Tibbetts will retain his role as President and Chief Executive Officer, bringing over two decades of leadership experience in real estate, large-scale infrastructure, and operations to the position.
  • The appointment of Tibbetts as Chairman reflects the Board's confidence in his vision and leadership, with a focus on driving growth, strong governance, and disciplined execution to increase long-term value for shareholders.
  • Lou Haddad, the current Executive Chairman and former Chief Executive Officer, will step down as Chairman effective January 1, 2026, and remain a member of the Board of Directors.
  • Armada Hoffler is a vertically integrated, self-managed real estate investment trust (REIT) with over four decades of experience developing, building, acquiring, and managing high-quality office, retail, and multifamily properties.

Statistics:

  • Over 40 years of experience in developing, building, acquiring, and managing high-quality office, retail, and multifamily properties.
  • 2 decades of leadership experience in real estate, large-scale infrastructure, and operations for Shawn J. Tibbetts.
  • Over 20 years of institutional knowledge as a member of the Board of Directors for Lou Haddad.

Sources:

  • Armada Hoffler (2025). Press Release: Armada Hoffler Announces Appointment of Shawn J. Tibbetts as Chairman of the Board of Directors. Retrieved from Globe News Wire.
  • Armada Hoffler (2024). Form 10-K: Annual Report for the Fiscal Year Ended December 31, 2024.