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February.02.21

WinnCompanies Promotes Six Executives in Finance, Accounting, Human Resources, Development and Military Housing

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BOSTON (February 1, 2021) WinnCompanies, an award-winning national multifamily development and management company, has promoted six executives to top positions within the company’s financial, accounting, development and military housing leadership following their performance in 2020.

Adding to each’s stellar career accomplishments, the promoted executives showed continued leadership and perseverance in overcoming the challenges presented by the COVID-19 pandemic and subsequent economic recession. Among their recent achievements, they worked together with WinnCompanies’ 3,670 team members in 2020 to:

  • Maintain high satisfaction rates among the residents and owners of the 600 apartment properties managed by WinnResidential in 16 states and the District of Columbia, creating rent payment agreements with more than 2,500 households, while helping an additional 2,500 households access rent assistance funding from public and private sources;
  • Implement a moratorium on financial hardship evictions for residents of the 111 apartment communities owned by WinnCompanies in 11 states and the District of Columbia;
  • Complete WinnDevelopment projects valued at more than $126 million, opening 239 units of new affordable, workforce and mixed-income housing in Boston, MA, Attleboro, MA, Rochester, NY, and East Haven CT; and,
  • Break ground on projects valued at more than $110 million for the construction of 241 units of new housing in Boston, MA, Lowell, MA, Southbridge, MA, and Tinton Falls, NJ.

“Each of these leaders have been critical to the success of their divisions and to the overall performance of our company for many years. Most recently during a difficult 2020, their leadership and expertise delivered much-needed stability and direction to our operations,” said WinnCompanies CEO Gilbert Winn. “All six are talented longtime team members who have earned the respect of their teams and the company’s appreciation.”

Susan Malatesta has been promoted to Chief Financial Officer of WinnCompanies, after serving as Executive Vice President of Asset Management since 2015. She is responsible for the oversight of risk management and insurance, tax strategy and the master budget, as well as asset management for 111 apartment properties owned by WinnCompanies in 11 states and the District of Columbia. She is a member of the WinnCompanies Board of Directors and has been with the company since 1988.

Lynne Chase has been promoted to Chief Accounting Officer for WinnCompanies and appointed to the Board of Directors, after serving as Executive Vice President of Accounting since 2016. She is responsible for all aspects of accounting, budgeting, financial reporting and internal control for all company affiliates – WinnResidential, WinnResidential Military Housing Services and WinnDevelopment, as well as management operations software and support. Lynne leads 122 team members. She joined WinnCompanies in 1990.

Adam Stein has been promoted to Executive Vice President of WinnDevelopment, the company’s development arm, after serving as Senior Vice President since 2016. In addition to day-to-day management of the development team and operations, he is responsible for overseeing the company’s development initiatives across the Northeast. He joined the company in 2009.

Lorraine Witunski has been promoted to Executive Vice President of Human Resources and Learning and Development for WinnCompanies, after serving as Senior Vice President since 2019. She is responsible for the management of all aspects of human resources and training, including payroll, employee relations, compensation and benefits, talent acquisition and retention, as well as performance management, for more than 3,600 team members in 23 states and the District of Columbia. She joined the company in 2015.

Doug Jones has been promoted to Chief Operating Officer of WinnResidential Military Housing Services, the management company for privatized military housing. He had served as an Executive Vice President of the company since 2016. He is responsible for the strategic direction, bottom-line fiscal accountability and day-to-day operations at more than 40,000 homes at 17 military installations across the U.S., as well as more than 1,600 employees. He joined the company in 2012.

Kirstin Rich has been promoted to Executive Vice President of WinnResidential Military Housing Services, after serving as Senior Vice President for the military housing management company since 2015. She is responsible for the strategic support functions for military housing communities nationwide, including technology, facilities, marketing and operation support. She joined the company in 2005.

 

Susan Malatesta
Chief Financial Officer

Lynne Chase
Chief Accounting Officer

Adam Stein
Executive Vice President, WinnDevelopment

Lorraine Witunski
Executive Vice President of Human Resources and Learning and Development

Doug Jones
Chief Operating Officer, WinnResidential Military Housing Services

Kirstin Rich
Executive Vice President, WinnResidential Military Housing Services

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