LAS VEGAS - American Homes 4 Rent (NYSE: NYSE:AMH), a prominent player in the single-family rental homes market, announced a leadership transition today, with Bryan Smith set to become Chief Executive Officer on January 1, 2025. Smith, currently the Chief Operating Officer, will succeed David P. Singelyn, the company's co-founder and long-time CEO, who is slated to retire at the end of 2024.
Singelyn, who has helmed AMH since its inception, will continue to serve as an advisor until June 2025 to ensure a smooth transition. His leadership has been credited with growing the company to nearly 60,000 properties that serve as homes for over 200,000 people.
Matthew J. Hart, the Chairperson of the Board, praised Singelyn for his visionary leadership and expressed confidence in Smith's ability to lead the company's strategic growth plan. Singelyn also commended Smith's operational expertise and leadership qualities as crucial for the company's future success.
In addition to Smith's appointment, Christopher C. Lau, the company's Chief Financial Officer, has been promoted to Senior Executive Vice President, recognizing his significant contributions to AMH's strategy and execution.
Smith expressed gratitude for Singelyn's mentorship and is eager to build on the company's strong operating performance. He is looking forward to benefiting from Singelyn's insights during the transition period.
AMH, known for its large-scale integration of rental home ownership, operation, and development, is an internally managed Maryland real estate investment trust (REIT). The company has recently been recognized by several prestigious awards for its workplace environment and corporate responsibility.
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