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Southfield, MI, March 13, 2025 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the "Company") announced today that its Board of Directors (the "Board") has nominated Mr. Mark A. Denien as an independent director candidate for election at the upcoming annual meeting of shareholders.
Mr. Denien is a seasoned finance executive with over three decades of experience in real estate transactions, capital markets, strategy development, regulatory compliance, risk management, and acquisitions. He currently serves on the Board of Directors of Acadia Realty Trust, where he is Chair of the Audit Committee and a member of the Compensation Committee.
Mr. Denien served in multiple executive roles from 2005 to October 2022 at Duke Realty Corporation, most recently as Executive Vice President and Chief Financial Officer from 2013 to 2022, guiding the company through significant transformation and growth until its acquisition by Prologis. Under his financial leadership, Duke Realty achieved a remarkable 500% total shareholder return over a decade and secured key credit rating upgrades.
Prior to his tenure at Duke Realty, Mr. Denien spent 16 years at KPMG, where he specialized in real estate audit and advisory services, eventually becoming a partner. His deep knowledge of the real estate sector has made him a thought leader in financial strategy, corporate governance, and operational efficiency.
Mr. Denien holds a Bachelor of Science degree in Accounting from Indiana University Bloomington and is a Certified Public Accountant (CPA). If elected, the Board intends to appoint him to the Audit Committee, where his extensive experience in financial stewardship and strategic transformation will bring valuable insights as the Company continues to strengthen the expertise and skill set of its Board.
“We are excited about the prospect of Mark joining our Board of Directors,” said Gary Shiffman, Chairman and Chief Executive Officer. “His deep expertise in finance and real estate, coupled with his proven track record of strategic leadership, would be instrumental as we continue to drive growth and enhance value for our stakeholders.”
Cautionary Statement Regarding Forward Looking Statements:
This press release contains various “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and the Company intends that such forward-looking statements will be subject to the safe harbors created thereby. Forward-looking statements can be identified by words such as “will,” “may,” “could,” “expect,” “anticipate,” “believes,” “intends,” “should,” “plans,” “estimates,” “approximate,” “guidance,” and similar expressions in this press release that predict or indicate future events and trends and that do not report historical matters.