Acadia Realty Trust Promotes Two Executives, CAO to Retire After 31 Years
Acadia Realty Trust has promoted AJ Levine to Executive Vice President, Leasing and Development, adding oversight of property management and marketing teams after his 2021 elevation to Senior Vice President. Erica Pipitone has been elevated to Vice President, Financial Reporting, extending her responsibility for SEC reporting and technical accounting matters, while longtime Chief Administrative Officer Joseph Napolitano will retire on April 1, 2026 after 31 years with the company.
1. Executive Promotions
AJ Levine, previously Senior Vice President, Leasing and Development, has been promoted to Executive Vice President, Leasing and Development, expanding his remit to include oversight of Acadia’s property management and marketing teams. Erica Pipitone, who joined the company in 2020 and has served as Director of Financial Reporting since 2022, has been named Vice President, Financial Reporting, responsible for all SEC reporting and technical accounting matters.
2. CAO Retirement
Joseph Napolitano has notified the company of his intention to retire as Senior Vice President, Chief Administrative Officer, effective on or about April 1, 2026. Mr. Napolitano retires after 31 years at Acadia and has already transitioned key responsibilities to other senior leaders.
3. Growth Strategy Impact
These leadership updates align with Acadia’s strategy to strengthen internal growth capabilities by consolidating leasing, development, property management and marketing under a single executive and reinforcing financial reporting oversight. The retirement of a long-serving CAO and the promotion of seasoned executives are expected to maintain stability in the company’s operational and strategic initiatives.