ELS Announces Leadership Transition
Key Highlights
- ➤Patrick Waite promoted to President and Chief Executive Officer effective January 1, 2027
- ➤Marguerite Nader elected Executive Vice Chair after 13 years as Chief Executive Officer
- ➤David Eldersveld promoted to Executive Vice President, Chief Operating Officer and Chief Legal Officer
- ➤ELS board expands by one director, with Waite joining effective January 1, 2027
- ➤Brett Hattel promoted to Executive Vice President, Operations effective January 1, 2027
Expert Statements
Thomas Heneghan, Chairman of the Board of Directors, Equity LifeStyle Properties
“I want to thank Marguerite for her contributions to ELS as Chief Executive Officer for the past 13 years and for her leadership in strengthening the Company for the future. ELS has a longstanding tradition of leaders benefiting from the guidance and mentorship of their predecessors. This continuity has been central to our success, and I am grateful that Marguerite will continue to provide her leadership and support”
Thomas Heneghan, Chairman of the Board of Directors, Equity LifeStyle Properties
“Patrick's operating experience, including his leadership across acquisitions and operations, makes him exceptionally well prepared to lead ELS as our new Chief Executive Officer. Dave's institutional knowledge, cross-functional experience and proven judgment make him uniquely qualified for this expanded role”
Thomas Heneghan, Chairman of the Board of Directors, Equity LifeStyle Properties
“I have tremendous confidence in this succession plan and in Patrick's leadership.”
Marguerite Nader, Executive Vice Chair, Equity LifeStyle Properties
“As Executive Vice Chair, I look forward to working closely with the Board, Patrick and our leadership team to support the Company's continued success”
CHICAGO, Oct. 27, 2026 /PRNewswire/ -- Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as the "Company," "we," "us," and "our") today announced a leadership transition effective January 1, 2027.
Marguerite Nader has been elected Executive Vice Chair of the Board of Directors. Patrick Waite has been promoted to President and Chief Executive Officer, and David Eldersveld has been promoted to Executive Vice President, Chief Operating Officer and Chief Legal Officer.
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