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Redwood to Fuel Growth and Expansion with Changes to Leadership Team and Board of Directors

Independence, Ohio – December 15, 2021 – Redwood Living, Inc., Ohio-based developer and owner of single-story apartment neighborhoods in seven states, has announced several promotions and reporting realignments to its leadership team, including the establishment of Steve Kimmelman as Chief Executive Officer and David Conwill as Executive Vice Chairman of the Board, and the promotion of Jill Silloway to the new role of President.

“We are confident these changes will positively impact our day-to-day operations, and we are pleased to report that all members of our leadership team will remain crucial in the future of Redwood,” said Redwood founder, Steve Kimmelman. “We will continue to leverage the strengths of Redwood leadership to deliver and capitalize on the company’s long-term future.”

Redwood Apartments sign

Effective January 1, the following changes will take place:

  • Steve Kimmelman, Chief Executive Officer. Redwood Founder Steve Kimmelman will expand his role to include the CEO function. Kimmelman founded Redwood in 1991 with the idea of reinventing the apartment home to enrich the lives of residents. He fulfilled his vision by developing apartment home neighborhoods designed to offer the benefits of single-family living without the complexities of home ownership. In the decades that followed, Kimmelman built a formidable team and company. His strategic focus will be to continue this trajectory, both as CEO and Executive Chairman of the Board.
  • David Conwill, Executive Vice Chairman of the Board. David Conwill, who has served as CEO of Redwood since 2019, will be named the Executive Vice Chairman of the Board. Conwill will focus his energy and creativity into advancement of the Redwood platform, in all regards, with keen focus on key strategies and initiatives. As the original architect of Redwood’s real estate platform and expansion/growth strategies, his lasting involvement is of great benefit. In service to the company, his steadfast commitment to its vision, its product, its ambassadors, and organizational culture will continue with his focus on elevating the Redwood platform. 

With these changes at the Board level, Kimmelman and Conwill will continue to execute on their shared vision & mission for Redwood, achieved via strategic plan implementation with core values. 

  • Jill Silloway, President. Jill Silloway will be named President of Redwood. In this new role for the company, Silloway will focus on supporting strategic direction and executing strategy, leading day-to-day operations and overseeing all division leaders. Her current responsibilities as CFO will shift to Toney Morton (below). For the past seven years, Silloway has served in continuously escalating roles, starting with the acquisitions division and leading to her most recent role as CFO of Redwood Living and affiliates. Silloway has designed and led a multitude of work groups, processes, and implementations, most recently overseeing all financial and accounting activities, I.T. and risk management within Redwood. In collaboration with the CEO and Board, she will continue to work closely with the extraordinary leadership team in place to advance the company’s objectives and mission. 
  • Toney Morton, Chief Financial Officer. As CFO, Toney Morton will oversee all financial and accounting activities. Morton Joined Redwood as Senior VP of Finance and Investor Relations in 2018 to lead the finance and investor relations teams responsible for the development capital stack, as well as the corporate FP&A function. He and his teams are largely responsible for capital raising, banking and investor relationship management, financial budgeting and forecasting, and ad-hoc corporate development support for other executives and key shareholders.
  • Kevin Kwiatkowski, Chief Acquisitions Officer. As CAO, Kevin Kwiatkowski will continue to lead the Redwood acquisitions team, driving Redwood’s relentless growth within existing and future markets across the United States. Prior to joining Redwood, he spent 23 years in the real estate industry, with the last 17 years leading the acquisitions for two of the top five national home builders. His most recent role at Redwood was Senior VP of Acquisitions.  

Over the past 30 years, Redwood has continually evolved – strategically and intentionally – to achieve one overarching goal: enriching the lives of those who choose to rent throughout suburban America. Redwood owns and manages 13,000+ apartment homes in more than 100 neighborhoods throughout Ohio, Michigan, Indiana, Iowa, North Carolina, South Carolina and Kentucky, with more under construction in Nebraska and Illinois.
 
Interview Opportunity with Redwood Living, Inc. 
A Redwood team member is available for an interview.

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