Armada Hoffler (NYSE: AHH) has announced the appointment of F. Blair Wimbush to the company's board of directors, effective immediately. Wimbush brings with him a wealth of experience from his 35-year tenure at Norfolk Southern Corporation, where he served in various leadership roles, including as chief real estate and corporate sustainability officer from 2007 to 2015. His expertise extends to his involvement with boards such as Atlantic Union Bankshares Corporation, LifeNet Health, Inc., Virginia Environmental Endowment, and the University of Virginia Law School Foundation.
Wimbush's public service contributions include serving as a commissioner and vice chairman of the Virginia Port Authority and as vice chairman of Children's Hospital of the King's Daughters. His educational background includes a B.A. in political science from the University of Rochester, a J.D. from the University of Virginia School of Law, and completion of the advanced management program at the Harvard Business School.
Armada Hoffler, a vertically integrated, self-managed real estate investment trust with over four decades of experience, primarily focuses on developing, building, acquiring, and managing high-quality office, retail, and multifamily properties in the mid-Atlantic and southeastern United States. The company also provides general construction and development services to third-party clients.
The addition of Wimbush to the board of directors is expected to bring a fresh perspective and align with the company's strategic vision for continued growth and success. This appointment reflects the company's commitment to enhancing its collective expertise and is anticipated to contribute significantly to the organization. . As a result of these announcements, the company's shares have moved -0.1% on the market, and are now trading at a price of $10.44. For the full picture, make sure to review Armada Hoffler Properties's 8-K report.
