CEO David Singelyn of AMH—No. 39 on the 2023 Builder 100—has announced his intent to retire effective Dec. 31, 2024. The company's board of trustees has named Bryan Smith, chief operating officer, as the next CEO effective Jan. 1, 2025.

Singelyn, who has been CEO since the company's inception, will serve as an adviser through June of next year. Additionally, the board has promoted chief financial officer Christopher Lau to the role of senior executive vice president.

"Since co-founding the company with B. Wayne Hughes in 2012, Dave Singelyn has built AMH into a market leader with nearly 60,000 high-quality single-family properties, which over 200,000 people today call home. On behalf of the board, I want to thank Dave for his leadership and vision and for assembling a fantastic team of executives,” says Matthew Hart, chairperson of the board.

“We believe that Bryan, with his deep knowledge of the company and all facets of its business, is uniquely positioned to lead the company as it executes on its strategic growth plan. Together with Chris, we have two energized, dynamic executives who will lead the company to even greater heights in the future,” Hart continues.

Singelyn says, "Bryan is a talented and experienced executive who has driven our business, our strategy, and our operations during the past 12 years. His operational expertise, leadership skills, and commitment to our ongoing success make him an excellent choice to lead the company into an exciting future. I will be working closely with Bryan to ensure a smooth transition."

As a large-scale integrated owner, operator, and developer of single-family rental (SFR) homes, AMH owns communities in the Southeast, Midwest, Southwest, and Mountain West regions. AMH refers to American Homes 4 Rent and their subsidiaries and joint ventures. In certain states, the company operates under AMH Living or American Homes 4 Rent.

Singelyn adds, "I am also very pleased for Chris in his elevated role. He has been instrumental to the company's strategy and execution during the past 11 years, and his unwavering commitment to excellence has further propelled our company's ability to dramatically increase shareholder value and demonstrate resilience during any economic cycle."

"I am excited to serve as AMH's next CEO and would like to thank Dave for his mentorship and guidance," says Smith. "Under Dave's strategic leadership, our highly talented management team has built a strong track record of operating performance. I look forward to continuing to benefit from Dave's insights as CEO in the coming months."

Keep the conversation going—sign up to our newsletter for exclusive content and updates. Sign up for free.