Rudin has recently revealed their leadership succession plan, which will take effect on January 1, 2024. Samantha Rudin Earls and Michael Rudin will step into the roles of co-CEOs at Rudin, while Neil Gupta will assume the position of President and Chief Investment Officer. Bill Rudin and Eric Rudin will continue to serve as co-chairmen with a focus on long-term strategic direction for the company.
Collectively, Samantha, Michael, and Neil have been involved in successful investments totaling over $3 billion in the past 15 years. As co-CEOs, they each have specific responsibilities – Samantha overseeing multifamily business operations and Michael overseeing commercial office business operations – while jointly managing all other aspects of Rudin’s portfolio consisting of 17 residential buildings and 15 commercial properties.
Neil’s appointment as president marks an important milestone for the company as he becomes its first non-family member to hold this role. In his new position, he will be responsible for investment strategies and capital management. According to Bill Rudin: “This transition has been carefully planned over a decade ago…Samantha,Michael,and Neil have proven themselves capable leaders who can guide our company towards continued success.”