---
schema_version: "secwatch.filing_event.v1"
accession: "0000912593-24-000238"
form_type: "8-K"
ticker: "SUI"
cik: "0000912593"
company_name: "SUN COMMUNITIES INC"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T04:11:59.818039+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sun Communities CEO Gary Shiffman to Retire in 2025, Names John McLaren President, Announces Cost-Cutting Plan

## Summary
- CEO Gary Shiffman intends to retire in 2025 after over 40 years; succession committee co-chaired by Jeff Blau and Tonya Allen.
- John B. McLaren appointed President with $600,000 base salary, 50,000 restricted shares, and performance vesting criteria.
- Company implements restructuring plan targeting $15-$20 million in annualized G&A and operating expense savings.
- McLaren previously served as COO for 14 years and oversaw acquisition and integration of approximately 350 MH and RV communities.

## SEC filing metadata
- accession: 0000912593-24-000238
- form_type: 8-K
- ticker: SUI
- cik: 0000912593
- company_name: SUN COMMUNITIES INC
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912593/000091259324000238/0000912593-24-000238-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912593/000091259324000238/sui-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912593-24-000238
- JSON: https://secwatch.observer/filing/0000912593-24-000238.json
- Plain text: https://secwatch.observer/filing/0000912593-24-000238.txt

## Key facts
- Executive change
  John B. McLaren was appointed as President at SUN COMMUNITIES INC.
  - Action: appointed
  - Role: President
  source text: On November 6, 2024, the Company appointed John B. McLaren as its President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/912593/000091259324000238/0000912593-24-000238-index.htm
- Executive change
  Gary A. Shiffman departed as Chief Executive Officer at SUN COMMUNITIES INC.
  - Action: retire
  - Role: Chief Executive Officer
  source text: Gary A. Shiffman, Chairman of the Board and Chief Executive Officer of Sun Communities, Inc. (the “Company”), informed the Company’s Board of Directors of his intent to retire as Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/912593/000091259324000238/0000912593-24-000238-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.