Doug Bibby to Step Down as NMHC President in 2021
The executive has helmed the apartment industry association for nearly 20 years.
Doug Bibby will step down as president of the National Multifamily Housing Council (NMHC) next year, the longtime leader of the apartment industry association has announced. NMHC has tapped search firm Russell Reynolds Associates to help identify a successor and aims to introduce the new president at its Annual Meeting in January 2021.
Bibby has helmed NMHC since 2001, steering the organization through the financial crisis and the rise of housing as an institutionalized asset class. He also led a number of successful advocacy campaigns at the national organization that now counts more than 1,100 member firms in the multifamily housing industry.
Prior to joining NMHC, Bibby worked at Fannie Mae for 16 years, where he served as a senior officer and member of the management committee through the company’s celebrated turnaround of the 1980s and 1990s. The executive started his career at J. Walter Thompson, rising to the position of senior vice president and general manager of the company’s Washington, D.C. operations during his 12-year stint at the global communications firm. Bibby graduated from Denison University and earned an MBA degree from the University of Texas at Austin.
“Representing the apartment industry has been one of the most fulfilling and gratifying experiences of my career,” Bibby noted in prepared remarks. “I am proud of the work the team at NMHC has done and the strides the industry has taken during my tenure.”