UDR, Inc. announced the departure of Joe Fisher as President and Chief Investment Officer.
Joe Fisher provided transition assistance through December 31, 2025, upon stepping down from his positions.
The Board of Directors appointed Tom Toomey as UDR's President in addition to his roles as Chairman and CEO.
Joe Fisher's Departure
Joe Fisher stepped down from his roles as President and Chief Investment Officer, effective September 2, 2025.
Tom Toomey's Appointment
Tom Toomey was appointed as UDR's President by the Board of Directors, taking on additional responsibilities.
Company Transition
UDR expressed confidence in its future success following Joe Fisher's departure, citing the depth of talent within the organization.
- Joe Fisher had served as UDR's President since 2022 and Chief Investment Officer since January 2025.
- Tom Toomey and the senior management team will assume Joe Fisher's responsibilities.
- UDR highlighted Joe Fisher's contributions and expressed gratitude for his expertise and service.
UDR's leadership transition marks a significant change for the company with Tom Toomey taking over as President. The Company expressed optimism for the future and highlighted its strong talent pool.