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TACOMA, Wash., Dec. 22, 2022 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (Inscription: HCDI, HCDIP, HCDIV, HCDIZ) (“Harbor,” “Harbor Custom Homes®” or the “Company”), an innovative and market-leading real estate company involved in all aspects of the land development cycle, today announced that the Board of Directors has appointed Karen Bryant, former Seattle CEO of Storm, as the lead independent director of the board, effective immediately.
For 25 years, Bryant has led high-profile organizations, managing complex internal and external dynamics while driving business growth and operational excellence. She led women’s professional basketball in the Pacific Northwest for 18 years, was the general manager of the Seattle Reign for two years and was the executive director of the Seattle Storm from 1999 to 2014. Under her leadership, the Storm won two WNBA championships, placed has set multiple attendance and revenue records and has established itself as one of the premier franchises in the league. In 2014, Bryant launched and ran a management consulting firm until one of its clients, Atavus Sports, appointed its CEO in 2016. With Atavus, a sports technology start-up, Bryant worked closely with the founders and board of directors on fundraising and strategic planning. In 2019, Atavus was acquired by a private investment company in a successful exit. In 2020, Bryant co-founded KB2 Sports, a consulting agency focused on growing investment in women’s sports and increasing sales and operational excellence.
Bryant also serves as a certified executive coach for business leaders and entrepreneurs and is well known for leading high-performing teams. Throughout her career, Bryant’s accolades include Seattle Sports Commission Executive of the Year, Sports Business Journal Game Changer, Puget Sound Business Journal Woman of Influence, Greater Seattle Business Association Businessperson of the Year, and Girl Scouts of Western Washington Woman of Distinction.
“I am excited about this new opportunity to work closely with Sterling, the management team and fellow board members as we lead HCDI into the new year and beyond,” said Bryant.
Bryant was a scholar at Seattle University and the University of Washington, where she graduated in 1991 with a degree in communications. Bryant joined the board of directors of Harbor Custom Development, Inc. in June 2021
“We are thrilled to have Karen in this new leadership position on the board,” said Harbor President and CEO Sterling Griffin. “Her experience and success in leading complex and diverse organizations will be a great asset to the company.”
About Harbor Custom Development, Inc.
Harbor Custom Development, Inc. is a real estate development company involved in all aspects of the land development cycle, including land acquisition, title, construction of project infrastructure, homes and condominiums, marketing and sales of various residential projects in Western Washington and the Puget Sound region; Sacramento, California; Austin, Texas and Punta Gorda, Florida. As a land developer and developer of condos and luxury single-family homes, Harbor Custom Development’s business strategy is to acquire and develop land strategically based on an understanding of population growth patterns, entitlement constraints, infrastructure development and geo-economic forces. Harbor focuses on acquiring scenic land for the development and sale of residential lots, new homes and multi-story apartments within a 20 to 60 minute drive of the nation’s fastest growing metro employment corridors. Harbor is leading the real estate industry as the first national investor and developer to accept cryptocurrency payments for its land, built lots, residential homes and apartments.
Forward-looking statements
Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “could,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “anticipate,” “anticipate,” “project,” ” plan,” “intends” or similar expressions, or statements regarding intent, belief or current expectations, are forward-looking statements. These forward-looking statements are based on current estimates and assumptions. Although the Company believes that these statements about future reasonable, you should not place undue reliance on such forward-looking statements, which are based on information available to us as of the date of this release.These forward-looking statements are subject to various risks and uncertainties, including without limitation those set forth in the Company’s filings with the Securities and Exchange Commission. Therefore, actual results could be materially different. The Company expressly disclaims any obligation to update or change any statements whether as a result of new information, future events or otherwise, except in accordance with law.
investor relations
Hanover International
IR@harborcustomdev.com
866-744-0974
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