Core Insights - Armada Hoffler's Board of Directors has appointed Shawn J. Tibbetts as Chairman, effective January 1, 2026, completing a planned succession initiated in 2024 [1][3] - Tibbetts, who has over two decades of leadership experience, will continue as President and CEO, focusing on strategic planning and disciplined execution to enhance shareholder value [2][3] Leadership Transition - The appointment of Tibbetts as Chairman reflects the Board's confidence in his vision and aims to unify leadership roles for enhanced efficiency in executing the company's long-term strategic plan [3] - Lou Haddad, the current Executive Chairman, will step down from his role but remain on the Board, ensuring continuity and access to his institutional knowledge [3] Company Overview - Armada Hoffler is a self-managed real estate investment trust (REIT) with over 40 years of experience in developing, building, acquiring, and managing high-quality properties, primarily in the Mid-Atlantic and Southeastern U.S. [4]