As Chief Operating Officer, Stephen R. Pugh oversees the operations of Office/Personnel Management, Development and Construction, Property Management, Marketing, IT and Leasing departments for Rappaport. In addition to company operations, Stephen also works closely with the financing team to oversee loan procurement, capital strategies and investor relations. Most recently, he has overseen the real estate receivership and lender REO management activities for Rappaport, including working with courts, owners and lenders to oversee the development of short-term tactical plans and long-term strategic plans to maximize asset values.
Prior to joining Rappaport, Stephen served as Vice President and Chief Operating Officer for the National Automobile Dealers Association where he ran the Official Used Car Guide Company. His background includes 15 years of experience in real estate, where he held positions in finance with Charles E. Smith Realty and The Buchanan Companies. He also has extensive operations and business consulting experience with technology and eCommerce firms in the automotive and other industries. Stephen was a Controller at Rappaport from 1993 to 1998, and re-joined the company in 2006 as Chief Operating Officer.
He holds a B.B.A. degree in Accounting & Finance from Radford University in Virginia and is a Certified Public Accountant and Certified Information Technology Professional. Stephen is a member of the American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants. He is also an Associate Member of the International Council of Shopping Centers (ICSC).