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Retired Newport News Shipbuilding prez joins Armada Hoffler board
Virginia Beach-based real estate investment trust Armada Hoffler announced Monday that it has appointed former Newport News Shipbuilding President Jennifer Boykin to the company’s board of directors. “We are excited to welcome Mrs. Boykin to our board of directors,” Armada Hoffler President and CEO Shawn Tibbetts said in a statement. “Her extensive leadership experience and […]
Armada Hoffler’s next CEO to assume role Jan. 1
Shawn Tibbetts, Armada Hoffler Properties’ president, chief operating officer and CEO designate, will become CEO on Jan. 1, 2025, earlier than previously announced. The Virginia Beach-based real estate investment trust announced in February that it expected to name Tibbetts as CEO in spring 2025, upon current CEO Louis Haddad’s retirement from the position. At that […]
Executive insights
Virginia Business asked six Hampton Roads leaders to discuss how their organizations are contributing to the region’s success and meeting challenges such as sustainability, regional cooperation and workforce training. LAURA HAYES CHALK Executive director, Virginia Beach Vision, Virginia Beach Virginia Beach Vision is partly focused on resiliency and sustainability — what do you hope to [&helli[...]
Former US Treasury Secretary Snow to retire from Armada Hoffler board
Former U.S. Secretary of the Treasury John Snow will retire from real estate firm Armada Hoffler’s board of directors, the Virginia Beach company announced this week. Snow, 84, has served as a director since Armada Hoffler went public in 2013 and served as lead independent director from 2013 to 2019. He was treasury secretary for […]
Armada Hoffler to name Shawn Tibbetts as next CEO
Virginia Beach real estate investment trust Armada Hoffler expects to name Chief Operating Officer Shawn Tibbetts as its CEO next spring, when current CEO Louis Haddad plans to retire. Tibbetts has been promoted to president and will remain COO, Armada Hoffler announced Thursday. Tibbetts has been COO since he joined the company in 2019 after […]
Real Estate 2023: LOUIS S. ‘LOU’ HADDAD
Haddad joined Armada Hoffler as an on-site construction superintendent in 1985. After several promotions, he was named president of Armada Hoffler Construction Co. in 1987, at age 29. In 1996, he was promoted to president of the parent company, and nearly 15 years after joining Armada Hoffler, he became the company’s CEO in 1999. He […]
Armada Hoffler buys Richmond apartment complex for $25M
Virginia Beach-based Armada Hoffler Properties Inc. announced last week it has completed the $25 million acquisition of the Edison Apartments in Richmond. The 174-unit, 12-story property was originally built in 1919 as the headquarters for the Virginia Electric and Power Co. (now Dominion Energy Inc.) and was renovated and repurposed in 2014 as apartments. The […]
