KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Morgan Properties, one of the nation's largest multifamily owners and operators, announced today that industry veteran Marina Dikos has been appointed Chief Financial Officer, succeeding J. Patrick O'Grady who is retiring after 14 years with the company. Dikos previously served as Morgan Properties’ Senior Vice President and Chief Accounting Officer.
"On behalf of Morgan Properties, we thank Pat for his unwavering commitment and countless contributions to the company over the past 14 years," said Jonathan Morgan, President of Morgan Properties JV. "He exemplifies the spirit and dedication of our entire team, and we are incredibly appreciative of the role he has played in our tremendous growth. As we welcome Marina, we are confident that the company's executive leadership team and finance group will benefit from her strong multifamily industry experience, in addition to her deep background leading finance functions with a sharp focus on creating long-term value for organizations."
As Chief Financial Officer at Morgan Properties, Dikos will oversee accounting, budgetary, treasury, compliance, and financial due diligence. She is also responsible for the development of corporate accounting policies and procedures, IT, human resources, risk management and the implementation of financial controls and reporting across the company’s teams in King of Prussia, Pennsylvania; Rochester, New York; and Boca Raton, Florida.
"I am deeply grateful for Pat’s mentorship and guidance throughout my career. His extensive financial knowledge and implementation of long-term strategies and practices has helped build the Morgan portfolio into one of the country’s leading multifamily housing organizations," said Marina Dikos, incoming CFO of Morgan Properties. "I am not only proud to carry on this work, as Morgan Properties is well positioned for continued growth as a best-in-class owner/operator, but I am also extremely excited to have the opportunity to work alongside Jon and Jason Morgan as we chart the future."
Dikos has over 30 years of experience and brings a wealth of both accounting and industry knowledge to her new role as CFO. Prior to joining Morgan Properties as Senior Vice President and Chief Accounting Officer in May 2021, Dikos served as Senior Vice President and Chief Accounting Officer at Balfour Beatty Investments Inc., where she was responsible for overseeing the accounting and finance department of the US division, budgeting, forecasting, and internal and external audits. She also previously held positions with the accounting firms KPMG and Arthur Andersen LLP.
"I am grateful to Mitch, Jon, and Jason for the opportunities and support they provided me during my time at Morgan Properties," said Patrick O'Grady. "It has been an honor to work alongside such a talented group of individuals. Having worked with Marina before our time at Morgan Properties and for the last year and a half, I leave feeling confident in her ability to lead the finance team as CFO."
In addition to Dikos’ appointment, Morgan Properties also made a series of moves within the executive leadership team to strategically align future organizational direction and business priorities. These changes include the expanded scope of responsibility for Greg Curci, now Executive Vice President of Operations and Asset Management, the promotion of Samantha McQuown to Senior Vice President of Operations, and the promotion of Jessica Sachs, now Vice President of Talent Acquisition and Development.
"We continue to evolve as an organization and strive to avoid complacency in all of our actions," said Jason Morgan, President of Morgan Properties Special Situations and Principal. "Pat is a respected leader who will be greatly missed among the leadership ranks at Morgan Properties. With his guidance, the company has navigated through an unprecedented business environment, successfully advancing the company's long-term strategies, and we are very appreciative of his many years of service and contributions. These collective changes reinforce our people-first approach to management, and we believe they set us up for sustained growth and success. There is nothing but possibilities ahead of us as we adapt and evolve. "
To learn more, visit: https://www.morganproperties.com.
About Morgan Properties
Established in 1985 by Mitchell Morgan, Morgan Properties is a national real estate investment and management company headquartered in King of Prussia, Pennsylvania. Jonathan and Jason Morgan represent the next-generation leaders growing the platform and overseeing the business operations. Morgan Properties and its affiliates currently own and manage a multifamily portfolio comprised of over 350 apartment communities and 95,000 units located in 19 states. The Company is among the three largest multifamily owners in the nation and the largest in Pennsylvania, Maryland, and New York. With over 2,300 employees, Morgan Properties prides itself on its quick decision-making capabilities, strong capital relationships and proven operational expertise.
Learn more about Morgan Properties at www.morganproperties.com.