AAM Announces Leadership Transition with Elaine Anghel as New COO

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. Sherman will remain in a supporting executive leadership role until September 2027 to ensure a smooth transition.

Anghel, with over 30 years of leadership experience, including her recent role as Senior Vice President of On-Site Community Management at AAM, is poised to lead the company into a new era of growth. Her extensive background in operational efficiency and strategic initiatives for major client partnerships nationwide underscores her capability to steer AAM towards continued success.

Joel Kramer, CEO of AAM, highlighted the significance of this transition, acknowledging Sherman's contributions and expressing confidence in Anghel's leadership. This change reflects AAM's commitment to maintaining its industry leadership by blending experienced leadership with innovative approaches to community management.

The leadership transition at AAM is not just a corporate reshuffle but a strategic move that could influence the broader community association management sector. With the industry evolving towards greater technological integration and enhanced service delivery, AAM's focus on operational excellence under Anghel's leadership may set new benchmarks for the sector.

Stakeholders in the community association management field are keenly observing this transition, anticipating its impact on management practices and service standards. AAM's comprehensive services, ranging from association management to customer care, position it as a bellwether for industry trends, making this leadership change a noteworthy development for vendors and professionals in the human resources and talent management space.

For more information about AAM and its services, visit https://www.associatedasset.com.