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Stephanie Williams Named to the Board of Directors of Veris Residential

July 18, 2023

Stephanie Williams, Bozzuto Management Co. President, posing in front of a mural.

Stephanie L. Williams, President of Bozzuto Management Company (BMC) and a Bozzuto Partner, was recently named to the board of directors of Veris Residential, Inc. (NYSE: VRE), a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops Class A multifamily properties.  Ms. Williams oversees BMC’s strategic performance and economic value creation, directs day-to-day operations, and leads initiatives designed to enhance the employee and customer journeys.  The current BMC portfolio is valued at $35B and comprises 90,000 units and 3 million square feet of commercial space across major markets nationally.

Under Ms. Williams’ leadership, Bozzuto was named the #1 Property Management Company by the National Association of Home Builders in 2018 and 2021 and received recognition by J Turner as the best property management company in the nation for seven consecutive years.  In addition to receiving several prestigious women in business recognitions, she serves on the Real Estate Executive Council and Housing Association of Nonprofit Developers board. She is an active member of Urban Land Institute and National Multifamily Housing Council.

As one of the top executives in multifamily, Ms. Williams has proven herself a well-recognized leader in residential real estate operations, management, and development, stated Tammy K. Jones, Veris Residential Board Chair.

“As we transform to a pure-play multifamily REIT, we do so with a focus on unlocking shareholder value, adhering to best-in-class corporate governance principles, and remaining committed to all our stakeholders.  On behalf of the entire Board, we look forward to her industry knowledge, contributions, and fresh perspectives.”

Ms. Williams added, “Over the past two years, the Veris Residential Board and management team have successfully streamlined the business, enhanced operations, and grown the multifamily portfolio—all with an eye towards maximizing shareholder value. I am honored to join this collection of esteemed professionals and excited to bring my extensive multifamily experience to the boardroom as Veris Residential embarks on its next chapter.”

About Bozzuto
Bozzuto is an experience-focused real estate company distinguished by their innovative developments, dedicated customer service, and top-rated workplace culture. With award-winning expertise in homebuilding, multifamily development, construction, and management, Bozzuto is devoted to delivering extraordinary experiences for those they serve.

Since their founding in 1988, Bozzuto has developed, acquired, and built more than 50,000 homes and apartments. Celebrating 35 years of creating sanctuary for their residents, Bozzuto currently manages 90,000 apartments and 3 million square feet of retail space across the U.S., please visit www.bozzuto.com.

About Veris Residential, Inc.

Veris Residential, Inc. is a forward-thinking, environmentally- and socially conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today’s residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principles, a best-in-class and sustainable approach to operations, and an inclusive culture based on equality and meritocratic empowerment. For additional information on Veris Residential, Inc. and our properties available for lease, please visit verisresidential.com.

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