LaJolla, Calif.-based national master planned community developer Newland Communities is enacting an executive reorganization for the new year.
Effective Jan. 31, current COO Dan Van Epp will resign to spend more time with his family and manage his personal investments. Van Epp will still remain involved with Newland's management role in Las Vegas's Union Park development and consult with the principals on other specific areas.
Bob McLeod will continue as chairman and, on Jan. 1, will assume the role of CEO. The operations team including the regional presidents, senior vice president/development director for Las Vegas, and the chief marketing officer will all report to him.
LaDonna Monsees remains president of the company. In that role, she will continue her oversight and direction of the home office and administrative efforts, the asset management of Newland's communities, and will provide leadership in the company's move toward sustainable development.
Derek Thomas will remain as Newland's chief investment officer and will continue partner oversight of the company's debt, equity, and new sources of capital and acquisitions.
According to Teri Slavik-Tsuyuki, senior vice president and chief marketing officer, "The changes are not an interim step or a result of the market we face today. It is a long-term leadership strategy for Newland, which relies on the leaders in the field and our department heads to do what they do best."
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