EastGroup Properties, Inc. announced a series of leadership promotions to support the Company's continued long-term growth.
Key executives are changing roles within the Company, effective January 1, 2026.
The promotions highlight the exceptional talent and expertise present within EastGroup Properties.
Leadership Promotions
Reid Dunbar becomes President, Staci Tyler becomes CFO, Brent Wood transitions to COO, and Michelle Rayner assumes the role of Chief Accounting Officer.
Strong Management Team
The promoted individuals have a combined tenure of nearly 70 years at EastGroup Properties, showcasing their experience and commitment to the Company.
Operational Alignment
The new roles aim to enhance operational alignment across development, acquisition, financial, and regional functions, positioning the Company for future growth.
Succession Planning
Todd Johnson will succeed John Coleman as Executive Vice President of the Eastern Region upon Coleman's retirement, ensuring a smooth transition in leadership.
- The promotions reflect EastGroup's confidence in the promoted individuals' abilities to drive shareholder value and execute the company's growth strategy.
- The realignment of roles is expected to streamline operations and enhance communication within the Company's management structure.
These leadership changes at EastGroup Properties signal a strategic move towards continued growth and shareholder value enhancement. The experienced team is well-positioned to drive success in the future.