Armada Hoffler Properties, Inc. (NYSE: AHH) announced on October 16 2025 that its Board of Directors has unanimously elected Shawn J. Tibbetts to serve as Chairman of the Board, effective January 1 2026. The appointment follows Tibbetts’ appointment as President and Chief Executive Officer in 2019 and represents the final phase of the company’s planned succession plan that began in 2024.
Tibbetts brings more than two decades of experience in real‑estate development, large‑scale infrastructure, and operations. During his tenure as CEO, he has overseen the strengthening of Armada Hoffler’s high‑quality asset portfolio and the execution of disciplined operational improvements that have driven long‑term shareholder value.
The board’s decision to combine the Chairman and CEO roles under Tibbetts is intended to provide unified leadership and streamlined governance as the company continues to pursue its quality‑first strategy. Lou Haddad, the current Executive Chairman and former CEO, will step down from the Chairman position on January 1 2026 but will remain a board member, ensuring continuity of institutional knowledge while allowing the new leadership team to focus on growth and balance‑sheet resilience.
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