Sun Communities appoints Charles Young as CEO effective Oct 1; Shiffman to Non-Executive Chairman

SUN COMMUNITIES INC

Charles D. Young appointed CEO and director, effective Oct 1, 2025; succeeds Gary Shiffman who retires as CEO after 40 years.
Young most recently President of Invitation Homes (INVH); has 25+ years in real estate operations and investment.
Compensation includes $900k base salary, 200% target bonus, equity grants with ~$8.55M aggregate value, $750k retention cash, and $300k relocation.
Shiffman remains Non-Executive Chairman; under his leadership market cap grew from ~$100M IPO to over $16.5B with 4,100%+ total return since 1993.

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