David Segall

John Kim

Michael Goldsmith

Anthony Hau

Brad Heffern

Jana Galan

Wesley Golladay

Eric Wolfe

James Feldman

Nicholas Joseph

Omotayo Okusanya

Peter Abramowitz

Steve Sakwa

Adam Kramer

Jamie Feldman

Jason Wayne

Joshua Dennerlein

Keegan Carl

Samir Khanal

- **Charles Young** has been appointed CEO and Board member, effective **October 1, 2025**, with Gary Shiffman transitioning to Non-Executive Chairman.  **[912593_0000912593-25-000234_a2q2025_ipx09032025xfina.htm:4]** 
- The company reported **strong 2Q25 results** with Core FFO per share of **$1.76** and updated its **FY25 Core FFO guidance to $6.51 to $6.67 per share**.  **[912593_0000912593-25-000234_a2q2025_ipx09032025xfina.htm:4]** **[912593_0000912593-25-000234_a2q2025_ipx09032025xfina.htm:11]** 
- Proceeds from the **Safe Harbor Marinas sale** were used to repay **~$3.3 billion of debt**, repurchase **~$400 million of stock**, pay a **~$520 million special cash distribution**, increase the quarterly dividend by **~10%+**, and acquire **UK properties for ~$199 million**.  **[912593_0000912593-25-000234_a2q2025_ipx09032025xfina.htm:4]** 
- The company received **credit rating upgrades** to **BBB+** from S&P and **Baa2** from Moody's, reflecting substantial de-leveraging and a fully eliminated floating rate debt exposure.  **[912593_0000912593-25-000234_a2q2025_ipx09032025xfina.htm:4]**

Sun Communities Announces New CEO, Q2 Results, and Capital Allocation Strategy

SUN COMMUNITIES (SUI)