Eva T. Hardy Retires from Armada Hoffler Board of Directors
Eva T. Hardy Announces Retirement from Board
Armada Hoffler (NYSE: AHH) has revealed that Eva T. Hardy, who has made substantial contributions to the Board of Directors since 2015, will retire. Her decision comes as part of the company's policy implemented in 2024 regarding mandatory retirement ages for board members. During her tenure as the lead independent director, she has been instrumental in guiding the company through various phases of its growth and development.
Reflections on a Decade of Service
Eva Hardy expressed a sense of pride regarding her decade-long participation with Armada Hoffler's Board. "I deeply appreciate the commitment and dedication of my fellow board members," she shared. Her belief in the leadership team's capability to push forward the company’s long-term objectives has been unwavering and underscore her focus on stakeholder value.
Hardy’s Extensive Career Journey
Hardy's professional journey is notable, spending over 20 years as an executive at Dominion Energy before retiring in 2008. Throughout her remarkable career, she served in various government capacities including urban planning in Portsmouth and key leadership roles within Virginia's state administration. Her legacy includes service as Interim State Director for U.S. Senator Mark R. Warner and active involvement in various civic organizations.
Continued Impact and Community Involvement
Beyond her corporate roles, Hardy remains actively engaged in her community. She is currently involved as a Commissioner with the Virginia Port Authority, contributing to the Richmond Port. Her participation on various boards – including the Virginia Museum of Fine Arts Foundation and the Oliver Hill Foundation – highlights her commitment to community service. As former Vice Chair of the State Council of Higher Education, she has also impacted the educational sector.
Leadership Acknowledgement
Shawn Tibbetts, the Chief Executive Officer and President of Armada Hoffler, acknowledged Hardy’s invaluable insights during her time on the board. "We express our gratitude for Eva’s dedication and leadership; her contributions will certainly resonate within our organization,” Tibbetts mentioned appreciatively.
The Importance of Board Refreshment
The company’s approach to board refreshment through establishing a mandatory retirement policy underscores its commitment to effective governance. This policy not only ensures a fresh perspective on the board but also maintains strategic oversight at a high standard, which is essential for sustained growth.
About Armada Hoffler
Armada Hoffler (NYSE: AHH) is celebrated for its leadership in the real estate sector, founded in 1979 by Daniel A. Hoffler. As a vertically integrated and self-managed real estate investment trust (REIT), the company has accumulated over four decades of experience in developing, building, and managing a diverse portfolio. Their focus spans high-quality office, retail, and multifamily properties primarily in the Mid-Atlantic and Southeastern regions of the United States.
Contact Information
Chelsea Forrest
Armada Hoffler
Vice President of Corporate Communications and Investor Relations
Email: CForrest@ArmadaHoffler.com
Phone: (757) 612-4248
Frequently Asked Questions
Who is Eva T. Hardy?
Eva T. Hardy is the lead independent director for Armada Hoffler and has served on the Board since 2015.
When did Eva Hardy announce her retirement?
Eva Hardy announced her retirement in accordance with the company's mandatory retirement policy.
What notable roles has Eva Hardy held?
She has been an executive at Dominion Energy and served in various positions in Virginia's state government.
What is Armada Hoffler known for?
Armada Hoffler is a leading self-managed real estate investment trust developing and managing properties in the Mid-Atlantic and Southeastern U.S.
How can I contact Armada Hoffler for inquiries?
Inquiries can be directed to Chelsea Forrest via email at CForrest@ArmadaHoffler.com or by phone at (757) 612-4248.
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