Timothy J. Naughton is the current Chairman and CEO of AvalonBay Communities, a prominent real estate investment trust focused on developing, operating, and managing apartment communities. He has been with the company since 1989, showing a loyal commitment to AvalonBay...
Timothy J. Naughton is the current Chairman and CEO of AvalonBay Communities, a prominent real estate investment trust focused on developing, operating, and managing apartment communities. He has been with the company since 1989, showing a loyal commitment to AvalonBay through various roles, including President and Chief Operating Officer. Naughton assumed the CEO role in January 2012, after serving as President. He has a strong educational background, holding an MBA from Harvard Business School and an undergraduate degree in Economics from the University of Virginia, where he graduated with high distinction and was elected to Phi Beta Kappa. His leadership style emphasizes aligning the company’s performance with shareholder interests, reflecting his long-term vision and dedication to the business. Outside of AvalonBay, Naughton is involved in several industry organizations, including the National Association of Real Estate Investment Trusts and the Urban Land Institute, contributing to discussions about the future of real estate. Interestingly, in 2023, Naughton’s compensation was $560,453, reflecting his role as the Chairman rather than an active executive officer, showing a transition in focus as he continues to guide the company's future while mentoring new leadership.