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, previously served as AAM's Senior Vice President of On-Site Community Management. Her extensive background in driving operational efficiency and strategic initiatives positions her as a key figure in AAM's future growth. Joel Kramer, CEO of AAM, highlighted Anghel's vision and commitment to excellence as aligned with the company's goals, expressing confidence in her ability to lead AAM to further success.
This leadership transition is notable for the community association management industry, reflecting AAM's commitment to innovation and operational excellence. AAM's comprehensive services, including association management, accounting, and customer care, have established it as a sector leader. The appointment of Anghel suggests a continued emphasis on integrating technology and enhancing service delivery in community management.
The collaborative transition period between Sherman and Anghel is designed to maintain operational continuity while paving the way for future innovations. For stakeholders in the community association management field, this change may herald advancements in management practices and technological adoption, influencing industry standards and practices moving forward.
More information about AAM and its services can be found at https://www.associatedasset.com.
