Greystone Appoints New CEO

Thomas Ryan, who has been with the company since 1999, will be replacing current CEO Jeff Simpson in January 2018.

Thomas Ryan, Greystone Development
Thomas Ryan, Greystone Development

Greystone Development has promoted Thomas Ryan to serve as its CEO starting Jan. 1, 2018. He will be taking over the position from Jeff Simpson, who is forming a new real estate investment and development company, Arch Cos., with Greystone Development Director of Acquisition Jared Chassen. The two companies will collaborate on existing Greystone Development projects and new opportunities.

We look forward to working with Jeff’s team on a number of initiatives and are quite excited for Tom as the new head of the group. He has our full confidence and support in driving our development efforts going forward. Tom’s expertise and lengthy tenure at Greystone has shown us that he has the leadership skills to grow our property development group,” Greystone co-COO Curt Pollock said in a prepared statement.

Ryan has been with Greystone since 1999, having previously served as head of the development and construction operations management team. His responsibilities included overseeing the project management teams that implement the overall process, including entitlements, due diligence, project scope development, team selection, contract negotiations, project cost monitoring and quality control compliance. Prior to that, he led a major development group focused on retail mall expansions, golf course communities and condominiums.

He has worked in the real estate development business for more than 20 years, directing some 30 major projects in excess of $500 million, including the recently completed multifamily tower Harlem 125 in Manhattan

Image courtesy of Greystone Development