Riverstone Residential Group Announces Terry Danner as Chief Executive Officer
- Sep 11, 2013
Dallas—Riverstone Residential Group, one of the largest privately owned, third-party multifamily property management companies in the United States, announced that its founder and current president, Terry Danner, will assume the chief executive officer role. Danner has occupied a leadership position with Riverstone since its inception in 2006, and has helped oversee its exemplary growth during that time, including the integration of five acquired companies.
In his new role, Danner will continue to draw on the support and expertise of tenured regional and divisional leadership, as well as the executive-level support and expertise provided by MarySusan Wanich, existing chief operating officer; Michael Hoffman, existing chief legal officer; Laurie Brashear, chief human resources officer; Mel Barks, chief performance officer; division presidents Stephanie Brock and Maura Bilafer; Mike Dow, chief client relations officer; and Gardner Rees, who oversees Riverstone’s ancillary services groups.
According to Danner, Riverstone will remain steadfast in its commitment to ensuring strong asset and portfolio performance for clients, maintaining premier living and working environments for residents and associates and focusing on its vision for expansion through both organic growth and strategic transactions. This expansion will complement the company’s existing management portfolio of properties across the country.
“As a co-founder of Riverstone Residential Group, I have assumed leadership positions at our company since its inception in 2006,” Danner tells MHN. “As such, I have been involved in all major decisions affecting our company and core business, and fully support the positive course that our leadership has collectively set for our company. We will be staying that course while finding ways to innovate, evolve, and deal effectively with the fluctuations that take place in any business and industry. My goal is to continue to build upon our strong foundation of core values, enhance our role as property management service providers, ensure optimal operations for the properties entrusted to our care, provide career growth opportunities for our associates, and create inviting living environments for our residents.”