Mobile Infrastructure Corporation Announces Leadership Transition

Strategic Insights -

Mobile Infrastructure Corporation (Nasdaq: BEEP) has announced a leadership transition, with Stephanie Hogue assuming the role of CEO effective August 1, 2025, while Manuel Chavez III transitions to Executive Co-Chairman of the Board. This move is designed to support the Company's strategic growth plan and long-term value creation strategy. The leadership transition reflects the Company's continued focus on execution, including its multi-year portfolio optimization plan.

Key Takeaways:

  • Stephanie Hogue will assume the role of CEO, bringing over 20 years of leadership experience across capital markets, real assets, and strategic advisory.
  • Manuel Chavez III will transition to Executive Co-Chairman of the Board, as well as Chair of the newly formed Investment Committee, following his six years of service as CEO.
  • The leadership transition is designed to support the Company's strategic growth plan and long-term value creation strategy.
  • The Company plans to divest up to $100 million of non-core assets and reinvest the proceeds into high-performing, strategic real estate with multiple demand drivers.
  • Stephanie Hogue has a proven track record of executing corporate strategy, capital markets transactions, and operational scale-ups.
  • Manuel Chavez III has nearly three decades of experience acquiring and disposing parking assets.

Statistics:

  • The Company will divest up to $100 million of non-core assets.
  • Stephanie Hogue has over 20 years of leadership experience.
  • Manuel Chavez III has nearly three decades of experience in acquiring and disposing parking assets.
  • The Company's multi-year portfolio optimization plan aims to optimize Mobile's existing parking infrastructure portfolio.

Sources:

  • Businesswire.com: President Stephanie Hogue to Assume CEO Role Effective August 1, 2025
  • Mobile Infrastructure Corporation's press release