Multi-Housing News: Toby Bozzuto Named CEO of The Bozzuto Group
September 09, 2015
The Bozzuto Group announced that Toby Bozzuto has been named chief executive officer. In this role, he becomes responsible for providing strategic as well as day-to-day leadership of the company, in addition to helping guide future growth of all four of the company’s operating businesses. Current CEO Tom Bozzuto will remain in the role of chairman of The Bozzuto Group, continuing to be an active member of the Investment Committee, overseeing Asset Management and expanding his role in securing equity for the company’s projects. In addition, Tom will continue to have a dominant influence in maintaining and growing the corporate culture of the company.
Toby has been with the company for over 14 years and in 2007 was named partner and director of the company’s Apartment Development Operations. He has served as president of The Bozzuto Group since 2013. Prior to that, Toby ran Bozzuto’s apartment development operation. Under his leadership the company started more new apartment projects than at any other time in its 27-year history.
Toby was named one of the “Ten Faces to Watch in 2015” by the Baltimore Business Journal and one of Maryland’s Most Influential Leaders by the Daily Record and “Developer of the Year” by the Maryland Building Industry Association. He previously worked with J.P. Morgan Chase’s Real Estate Debt Group, and was also a financial analyst with Columbia National Real Estate Finance. In 2010, Maryland Gov. Martin O’Malley appointed Toby to a seat on the Maryland Health and Higher Education Facilities Authority. He also serves on the National Advisory Board for the Urban Land Institute Terwilliger Center for Housing, the Board of Trustees for the Kennedy Krieger Institute, the Board of Trustees for The Gilman School, and is a member of the ULI’s Baltimore District Council. He serves as a regular guest lecturer for the Harvard University Graduate School of Design, the Johns Hopkins Carey School of Business real estate program, and Georgetown University.