ELS Names Patrick Waite CEO as Nader Moves to Executive Vice Chair
CHICAGO – October 29, 2026 -- Equity LifeStyle Properties (NYSE: ELS) will hand the chief executive role to Patrick Waite on January 1, 2027, ending Marguerite Nader's 13-year tenure as CEO. Nader has been elected Executive Vice Chair of the Board of Directors.
Waite moves up from President and COO after 13 years at ELS
Waite has held senior leadership roles at ELS since 2013. He most recently served as President and Chief Operating Officer, after a decade as Executive Vice President and Chief Operating Officer. His earlier manufactured housing experience includes American Residential Communities, Riverside Communities and Continental Communities.
Chairman Thomas Heneghan said Waite's leadership across acquisitions and operations makes him well prepared for the CEO role. He added that continuity between predecessors and successors "has been central to our success."