Harvey Hanna & Associates Implements Key Changes for Strategic Corporate Growth
Harvey Hanna & Associates Implements Key Changes for Strategic Corporate Growth
On March 28, 2025, Harvey Hanna & Associates, Inc. (HHA) revealed a significant corporate realignment, aimed at fortifying its leadership structure and enhancing corporate governance. This strategic move is set to position the firm for long-term success and operational excellence in the real estate sector.
Chairman and CEO E. Thomas Harvey III emphasized the importance of this realignment, stating, "As HHA continues to evolve, this realignment reflects our unwavering commitment to sustainable growth, collaboration, and strong corporate governance." This initiative not only aims to build on the company's robust foundation but also empowers its leadership team. The ultimate goal is to secure long-lasting success while effectively serving the communities where HHA operates.
Formation of the Board of Directors
One of the most notable changes is the establishment of a Board of Directors, designed to oversee HHA's strategic directions and ensure financial stewardship. The newly constituted board consists of prominent figures including John Harvey, E. Thomas Harvey IV, William Harvey, and Thomas Hanna, with E. Thomas Harvey III locally positioned as Chairman. This team is tasked with providing a balanced and forward-thinking approach to guide HHA into the future.
Leadership Promotions
In conjunction with these governance enhancements, John C. Fannin III has been unanimously appointed as the new President of Harvey Hanna & Associates. In his new position, Fannin will spearhead daily operations, including personnel management and financial performance. His promotion signals a decisive step in HHA's strategic outlook, bringing fresh leadership that aligns with the company’s goals.
Moreover, two key individuals within the HHA team have been recognized for their outstanding contributions.
- - Marge Billingsley has been elevated to the position of Lease Administration Manager.
- - Angela Riddell has taken on the role of Administrative Services Manager within a new Administrative Management Group.
Mr. Harvey remarked, "These changes make an already strong company even stronger. This realignment not only enhances our operational efficiency but also underscores our commitment to long-term succession planning and multi-generational leadership."
About Harvey Hanna & Associates
Harvey Hanna & Associates is a multidisciplinary firm involved in real estate investment, development, and management, focusing on creating sustainable properties across several sectors. Currently, HHA manages nearly 4 million square feet of industrial and commercial spaces in Delaware and Maryland. Their offerings include a range of properties from award-winning restaurants to internationally branded resort hotels, with ongoing developments in industrial spaces and mixed-use communities. Employing over 1,000 individuals across the Delmarva Peninsula, HHA is positioned as a formidable player in the real estate industry.
As the company embarks on this restructured path, stakeholders will be keenly observing how these foundational shifts translate into both operational results and community engagement. HHA's commitment to enhancing governance and leadership is expected to resonate throughout its operations, showcasing an example of progressive corporate strategy in the ever-evolving real estate market. For more information, visit www.harveyhanna.com.
Topics General Business）
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