Associated Asset Management (AAM), a leader in community association management and accounting services, has announced Elaine Anghel as its new Chief Operating Officer (COO), effective September 26, 2024. Anghel succeeds Ercell Sherman, who is retiring after playing a pivotal role in shaping AAM's strategic direction and operational excellence. This leadership transition is poised to reinforce AAM's industry leadership and spur further growth and innovation.
Anghel, with over 30 years of leadership experience, including her recent role as Senior Vice President of On-Site Community Management at AAM, is recognized for her ability to drive operational efficiency and strategic initiatives. Her appointment reflects AAM's commitment to maintaining its edge in the competitive community management sector. Joel Kramer, CEO of AAM, highlighted the significance of this transition, expressing confidence in Anghel's vision and leadership capabilities to steer the company towards future successes.
The community association management industry is witnessing a period of rapid evolution, with technological advancements and changing customer expectations shaping the future of community management. AAM's leadership change, with Anghel at the helm, underscores the importance of blending experienced leadership with innovative approaches to meet these challenges. The company's comprehensive services, ranging from association management to customer care, have established it as a benchmark for excellence in managing diverse community types.
During the transition period, Sherman will continue to support AAM in an executive leadership role until September 2027, ensuring a smooth handover and continuity in the company's strategic initiatives. This phased approach highlights AAM's dedication to stability and its forward-looking strategy under Anghel's leadership. For stakeholders in the community association management field, this transition may herald advancements in management practices and service delivery, setting new industry standards.
More information about AAM and its services can be found at https://www.associatedasset.com.
