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UMH PROPERTIES, INC. APPOINTS NEW MEMBER TO BOARD OF DIRECTORS

UMH Properties (NYSE: UMH) has appointed Todd J. Clark as a Class I Director to its Board of Directors for a term expiring in 2028.

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Rhea-AI Summary

UMH Properties (NYSE: UMH) has appointed Todd J. Clark as a Class I Director to its Board of Directors for a term expiring in 2028. Clark, currently serving as Dean of Widener University Delaware Law School, brings significant legal and academic expertise to the board.

Clark holds degrees from Wittenberg University, University of Pittsburgh School of Law, and West Virginia University School of Business and Economics. He specializes in employment discrimination and corporate justice, with a commitment to developing law students from underrepresented populations and promoting wealth creation in minority communities.

UMH Properties, established in 1968, operates 144 manufactured home communities with approximately 26,800 developed homesites, including 10,600 rental homes across 12 states.

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Positive

  • Addition of experienced legal and academic leader to the Board of Directors
  • Appointment brings expertise in corporate governance and legal matters during company growth phase
  • Director's background aligns with diversity and community development initiatives

Negative

  • None.
Argus Sep 18 session
-0.33% close to close Open Argus
Details

News Market Reaction – UMH

On Sep 18, the day this news came out, UMH closed 0.33% below the previous close.

Data tracked by StockTitan Argus for the Sep 18 session.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FREEHOLD, NJ, Sept. 18, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH; TASE: UMH), announced that, on September 17, 2025, the Board of Directors appointed Mr. Todd J. Clark as a Class I Director for the term of Class I expiring in 2028.

Mr. Todd J. Clark is the Dean of Widener University Delaware Law School. He has written numerous articles on legal issues including employment discrimination and corporate justice. Mr. Clark has also co-authored a textbook on corporate justice. He regularly teaches courses in various legal subjects including contracts, employment discrimination and corporate justice.

Mr. Clark is originally from Columbus, Ohio and is a member of Kappa Alpha Psi, Fraternity Incorporated. He received his undergraduate degree in political science from Wittenberg University in Springfield, Ohio, his juris doctorate from the University of Pittsburgh School of Law in Pittsburgh, Pennsylvania and his master’s in business administration from West Virginia University School of Business and Economics in Morgantown, West Virginia. Dean Clark is committed to helping to develop law students from underrepresented populations as well as promoting and facilitating wealth creation in minority communities.

Samuel A. Landy, President and Chief Executive Officer stated, “We are pleased to welcome Dean Todd J. Clark to our Board of Directors. He is a respected attorney and academic leader with extensive management, governance and legal experience. He will be a valuable addition to our Board at this time of continued growth for the Company.”

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 144 manufactured home communities, containing approximately 26,800 developed homesites, of which 10,600 contain rental homes, and over 1,000 self-storage units. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida and Georgia. Included in the 144 communities are two communities in Florida, containing 363 sites, and one community in Pennsylvania, that UMH has an ownership interest in and operates through its joint venture with Nuveen Real Estate.

Contact: Nelli Madden
                732-577-4062

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FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is Todd J. Clark, the new board member of UMH Properties (NYSE: UMH)?

Todd J. Clark is the Dean of Widener University Delaware Law School, with expertise in corporate justice and employment discrimination. He holds degrees from Wittenberg University, University of Pittsburgh School of Law, and West Virginia University.

What is the term length for Todd J. Clark's appointment to UMH Properties' board?

Todd J. Clark was appointed as a Class I Director with a term expiring in 2028.

How many manufactured home communities does UMH Properties (NYSE: UMH) currently operate?

UMH Properties operates 144 manufactured home communities containing approximately 26,800 developed homesites across 12 states.

What states does UMH Properties (NYSE: UMH) operate in?

UMH Properties operates in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida, and Georgia.

How many rental homes does UMH Properties (NYSE: UMH) manage in their communities?

UMH Properties manages 10,600 rental homes within their manufactured home communities.

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