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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Joey Agree ExecutiveBoard | President & CEO | N/A | Joined ADC in 2005, became CEO in 2013. Expanded ADC's portfolio significantly, focusing on retail net lease properties. | View Report → |
Richard Agree ExecutiveBoard | Executive Chairman of the Board | Member of the State Bar of Michigan; Member of the International Council of Shopping Centers | Founder of ADC, transitioned from CEO to Executive Chairman in 2013. Oversaw the development of over 8M sq. ft. of retail real estate. | |
Craig Erlich Executive | Chief Growth Officer | Executive Board Member of the Michigan and Northwest Ohio Chapter of JDRF | Joined ADC's Board in 2018, transitioned to Chief Growth Officer in September 2023. Leads acquisitions and development efforts, with over $1.34B invested in retail properties. | |
Danielle Spehar Executive | General Counsel | N/A | Joined ADC in 2016, promoted to General Counsel in 2019. Led due diligence for over 300 transactions and improved legal team efficiency. | |
Nicole Witteveen Executive | Chief Operating Officer | N/A | Joined ADC in 2019, became COO in September 2023. Led operational improvements, increased occupancy to 99.8%, and enhanced IT systems alignment. | |
Peter Coughenour Executive | CFO & Secretary | Member of the International Council of Shopping Centers; Member of the National Association of REITs | Joined ADC in 2015, became CFO in December 2021. Leads capital markets, investor relations, and financial planning. Raised over $720M in equity and debt capital. | |
Gregory Lehmkuhl Board | Lead Independent Director | President & CEO of Lineage Logistics | Joined ADC's Board in 2018. Extensive operational and executive experience, particularly in logistics and supply chain management. | |
Jerome Rossi Board | Board Member | CEO of R&R Consulting; Board Member of Home Base, Bethany Hill School, and National Domestic Violence Hotline | Joined ADC's Board in 2015. Former senior executive at TJX Companies, with deep knowledge of retail real estate and operations. | |
John Rakolta, Jr. Board | Board Member | Chairman of Walbridge; Chair of Growing Michigan Together Council; Trustee of Washington Institute for Near East Policy | Rejoined ADC's Board in 2021 after serving as U.S. Ambassador to the UAE. Long-time chairman and CEO of Walbridge, with expertise in construction and engineering. | |
Karen Dearing Board | Board Member | Senior Advisor at Sun Communities; Trustee of Nareit, AICPA, and MICPA | Joined ADC's Board in 2020. Former CFO of Sun Communities, with extensive experience in corporate accounting and finance. | |
Linglong He Board | Board Member | Chief Leadership Advisor and Interim Chief Data Officer at Rocket Companies | Joined ADC's Board in 2024. Former CIO of Rocket Mortgage, with over 25 years of experience in technology and leadership. | |
Merrie Frankel Board | Board Member | President of Minerva Realty Consultants; Adjunct Professor at Columbia University and NYU; Trustee of Urban Land Institute | Joined ADC's Board in 2016. Chair of the Nominating and Governance Committee, recognized for expertise in real estate capital markets and governance. | |
Michael Judlowe Board | Board Member | N/A | Joined ADC's Board in 2021. Former Chairman of Jefferies' US Real Estate, Gaming, and Lodging investment banking practice. |
Recent developments and announcements about ADC.
Press Releases
Press Release
·Feb 12, 2025, 1:49 AMView full press release →Agree Realty Corporation declares a monthly common dividend of $0.253 per share (annualized at $3.036, up 2.4% vs Q1 2024) and a monthly preferred dividend of $0.08854 per depositary share ($1.0625 per annum). Record dates: Mar 31 & Mar 21, 2025.