FOR IMMEDIATE RELEASE
Lauth Group, Inc. Announces Leadership Changes
CARMEL, Ind. – November 7, 2024 – Lauth Group, Inc. today announced the promotion of Adam Broderick to President and Chief Executive Officer (CEO) and Dan Mallon to President of Lauth Communities, the company’s multi-family acquisition and development division. This transition follows the announcement that current CEO Mike Jones will be stepping aside and assuming a consulting role with the company for the next several years leading up to the company’s 50th anniversary. Chief Financial Officer and 19-year Lauth veteran Jon Goodburn will remain in his role. Broderick, Mallon and Goodburn are set to lead the company into its next chapter of growth and innovation.
“I am honored to be chosen to lead Lauth Group into its next chapter of growth. The legacy of excellence and innovation that Bob Lauth, Mike Jones and the entire Lauth team have built provides a strong foundation for our future,” said Broderick. “As we look at the exciting opportunities ahead, I will reinforce our commitment to delivering exceptional value to our clients and partners while fostering a culture of creativity, collaboration and fun within our team.”
Jones, who has been with Lauth since 2000, and President and CEO since 2012, played a significant role in leading the company to multiple major milestones, including participating in or directing approximately $2 billion in new projects and the creation of Lauth Communities. Recent highlights include 1st on Main mixed-use development in downtown Carmel, the redevelopment of the 150-acre Ford Visteon site at Shadeland and English Avenue, the 500 acre 70 Connect Industrial Park as well as multiple other office and industrial developments and multifamily acquisitions.
“The past 25 years with Lauth have been incredibly rewarding both professionally and personally,” said Jones. “I’m proud to have played a key role in our continued success and carrying forward the Lauth legacy. I could not be more optimistic for the future of the company and look forward to collaborating with Adam, Dan and Jon as they lead Lauth into the future.”
Robert Lauth, Lauth Group, Inc Chairman, expressed his enthusiasm for the new leadership. “Succession planning has always been crucial to our long-term success, and we could not have accomplished so much were it not for the contributions of the entire Lauth team. The company is positioned for continued success in the coming years under the next generation of leadership and beyond.
Since 1977, Lauth has been a national leader in developing and constructing business facilities for lease or ownership, serving clients across the U.S. For more information, visit www.lauth.net.
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About Lauth Group, Inc.
Built on a legacy of success that began in 1977, Lauth recently celebrated its 47th year in business. Lauth is a privately held, vertically integrated commercial real estate firm. With expertise in development, construction, property management and facilities maintenance, Lauth has completed more $4 billion in projects across the United States with a current focus on Midwest markets.
Media Contact:
Judy Knafel, Vice President, Marketing
(317) 517.8189 | jknafel@lauth.net