#USA #Fairfax #Van Metre Companies #Mike Dunleavy #Rick Rabil

Van Metre Companies Welcomes New Leadership

In a significant moment for a firm with over 70 years of history, Van Metre Companies has appointed Mike Dunleavy as its new Chief Executive Officer, effective immediately. This transition comes as Rick Rabil, who has dedicated nearly twenty years as CEO and over four decades to the company, retires.

Rabil's tenure has been marked by impressive growth and a commitment to operational excellence. His leadership has fostered a strong executive bench, ensuring that the firm remains poised for future successes. The importance of stability and continuity in leadership is evident, as Beau Van Metre, the Chairman, noted, "Mike is the right leader for this next chapter. He understands the enterprise at a strategic level and shares our commitment to thoughtful growth, strong governance, and enduring partnerships."

Dunleavy's previous role as Chief Financial Officer equipped him with a profound understanding of Van Metre's operations and financial landscape. His institutional knowledge and leadership experience will be invaluable as he takes the helm. He expressed his gratitude for Rabil's mentorship and highlighted the extraordinary legacy and strong culture of the company, adding, "I'm excited to build on the foundation that has been created."

As a part of this leadership restructuring, Van Metre Companies has redefined its operational framework to boost focus, accountability, and innovation. The organization will now function with distinct business units, including Van Metre Land and New Homes Manufacturing, each headed by experienced presidents reporting directly to Dunleavy. Investment Properties will continue under their current leadership, reflecting the company’s strategy to maintain robust governance as it fuses tradition with innovation.

Founded in 1955, Van Metre Companies has established itself as a multi-division real estate organization operational mainly in the Mid-Atlantic region. Its reputation signifies a long-term ownership perspective and a disciplined growth strategy that emphasizes quality and community engagement.

Moving forward, the company aims to uphold its commitment to responsible growth and strategic investments, ensuring long-term value for stakeholders. The transition in leadership is not merely a change in names at the top; it's a recalibration of the approach to align with the evolving demands of the market and society. As Dunleavy steps into his role, both the firm and its clients can anticipate a steadfast commitment to excellence and innovation that has defined Van Metre throughout its storied past.