Yesterday Stirling Properties announced that after 36 years of service, President and CEO Marty Mayer would retire at the end of 2023.
At that time, Stirling’s current President of Development and Partner, Townsend Underhill, will assume the role of President and CEO.
Since joining Stirling in 1986 and assuming the role of President in 2002 and CEO in 2006, Mayer has led Stirling through unprecedented growth, expansion, and diversification throughout the Gulf South. Mayer said leading Stirling Properties over the past 20 years has been one of the greatest honors and privileges of his lifetime. Townsend Underhill said that under Marty’s leadership, Stirling has grown through a unique and outstanding culture, and Marty’s legacy will live on at Stirling for many years.
Since joining Stirling in 2007 and becoming a Partner in 2012, Townsend Underhill has been involved in every facet of Stirling while overseeing the Development and Finance divisions. In Townsend’s current role as President of Development, Stirling’s product lines have diversified beyond retail and office to include healthcare, industrial, multi-family, single-family for rent, and more.
Over the next year, Mayer and Underhill, along with Stirling’s leadership team, will work together to ensure a smooth leadership transition.
