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UMH Properties, Inc. Expands Board of Directors and Appoints New Member

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UMH Properties, Inc. (NYSE: UMH) has expanded its Board of Directors from 11 to 12 members, appointing Angela D. Pruitt as a Class II Director effective September 22, 2021. Pruitt brings over 20 years of global communications experience, including a significant tenure at the Wall Street Journal/Dow Jones. Her expertise includes crisis communications and media relations. President Samuel A. Landy expressed confidence in Pruitt's contributions during the company's growth phase. UMH operates 127 manufactured home communities across various states, managing approximately 24,000 homesites.

Positive
  • Addition of Angela D. Pruitt to the Board may enhance brand strategy and communications.
  • Her experience in crisis communication and media relations could strengthen the company's positioning.
Negative
  • Potential concerns about continuity in the Board with the recent change.

FREEHOLD, N.J., Sept. 23, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) today announced that, on September 22, 2021, the Board of Directors approved an increase in the size of the Board from 11 to 12 directors and appointed Ms. Angela D. Pruitt as a Class II Director for the term of Class II expiring in 2023.

Ms. Pruitt is an innovative, creative global communications expert with over 20 years of experience, including 16 years at the Wall Street Journal/Dow Jones covering diverse topics and industries such as financial markets, mutual funds, emerging markets, commercial real estate, entertainment, hotels and casinos. Ms. Pruitt leverages journalistic skills to create an impactful brand strategy with in-depth expertise in crisis communications and media relations strategies. Ms. Pruitt possesses a Master’s degree in Public Affairs from Columbia University and a B.A. in Sociology and Mass Communications from the University of California at Berkeley. Currently, Ms. Pruitt is a Crisis Communications Specialist at Sitrick and Company.

Samuel A. Landy, President and Chief Executive Officer stated, “We are pleased to welcome Ms. Pruitt to our Board of Directors. She is a highly educated and respected communications leader who will be a valuable addition to our Board at this time of continued growth for the Company.”

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 127 manufactured home communities containing approximately 24,000 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama and South Carolina. In addition, the Company owns a portfolio of REIT securities.

Contact: Nelli Madden
732-577-9997

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FAQ

Who is Angela D. Pruitt and what is her role at UMH?

Angela D. Pruitt is a newly appointed Class II Director at UMH, bringing over 20 years of global communications experience.

What prompted the increase in the UMH Board of Directors?

The increase from 11 to 12 directors aims to support continued growth and bring in diverse expertise.

How might Angela Pruitt's appointment impact UMH?

Pruitt's crisis communication and media relations skills may enhance UMH's brand strategy and response to challenges.

When does Angela Pruitt's term as Director expire?

Angela Pruitt's term as a Class II Director will expire in 2023.

UMH Properties, Inc.

NYSE:UMH

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1.48B
73.96M
6.27%
77.81%
1.43%
REIT - Residential
Real Estate Investment Trusts
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United States of America
FREEHOLD