Bozzuto Promotes Two Female Executives to Top Positions
October 15, 2015
-Julie Smith Named Chief Administrative Officer and
Stephanie Williams Named President of Bozzuto Management Company-
GREENBELT, MD (October 15, 2015) – Toby Bozzuto, President & Chief Executive Officer of The Bozzuto Group, today announced the promotions of Julie Smith to Chief Administrative Officer (CAO) of The Bozzuto Group and Stephanie Williams to President of Bozzuto Management Company effective January 1, 2016.
Smith has been with the firm since 1989, and has served as the President of Bozzuto Management Company since 1994. She has been largely responsible for the company’s growth to more than 54,000 units under management in ten states along the East Coast as well as Chicago.
In the company’s newly created position, Smith will oversee the strategic direction for key corporate departments including: Marketing, Human Resources, Technology, and Research. She will report directly to President & CEO Toby Bozzuto, and will be a key participant on the company’s Investment and Executive Committees. Smith’s key priority will be to leverage the value of the Bozzuto brand for the benefit of both consumers and investors.
Smith, a trusted leader in the field of multifamily real estate, was recently honored as one of Washington Business Journal’s 2015 Women Who Mean Business. She was named one of the Top Ten Women in Multifamily Real Estate by Multifamily Executive (MFE) in 2014, a 2013 Woman of Influence by the Real Estate Forum, as well as 2013 Executive of the Year by Multifamily Executive Magazine.
“In an industry where talent, marketing, technology and execution define competitive advantage, Julie will advance The Bozzuto Group’s goal of carefully expanding into targeted markets throughout the country, preserving our corporate culture and, above all, will focus on aligning our brand with the evolving expectations of our consumers,” said Toby Bozzuto. “Throughout her tenure with the company, Julie has remained a champion of our core values and has been instrumental in developing the Bozzuto brand of today, making her the obvious choice to help me shape the future of The Bozzuto Group.”
Williams, a ten-year veteran of the firm and former developer with Bozzuto, is the Senior Vice President of Advisory Services and Business Development, and currently oversees a pipeline of more than 15,000 units in approximately 60 developments. Williams is credited for the recent expansion of the company.
“Stephanie is a proven leader with a keen acumen for what it takes to be successful in our business,” stated Bozzuto. “Her experience in development, property positioning, and operations has prepared her and made her uniquely qualified for the role. She has a strong understanding of the rental housing industry, and a passion for delivering excellence that is matched by her integrity and ability to build relationships inside and outside of our organization.”
Headquartered in the Washington, D.C. area, and celebrating its 28th year in business, Bozzuto is a diversified residential real estate company that creates extraordinary experiences of home and community throughout the Mid-Atlantic and Northeast. The company's areas of expertise lie in homebuilding and multifamily development, as well as construction and management both for itself and its clients. The National Association of Home Builders has recognized Bozzuto as the nation’s premier apartment development company, and twice as management company of the year. In April 2015, Multifamily Executive Magazine and J Turner Research named Bozzuto as the nation’s Top Property Management Company for Online Reputation due to delivering exceptional resident service.
Throughout Bozzuto’s 28-year history, the company has developed, acquired and built more than 38,000 homes and apartments and currently manages more than 54,000 apartment units spread along the East Coast between Northern Virginia and Boston. The company is committed to providing quality housing for individuals of all income levels, producing and managing everything from luxury homes and apartments to affordable housing solutions. For more information, please visit www.bozzuto.com.
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