YES! Communities Announces Promotion Of Steve Schaub To Chief Executive Officer And Karen Hamilton To Chief Operating Officer

DENVER, March 6, 2018 /PRNewswire/ -- YES! Communities, one of the nation's largest owners and operators of manufactured home communities, announced today that Steven J. Schaub, the company's Chief Operating Officer, has been promoted to the position of Chief Executive Officer, replacing Gary P. McDaniel.  Mr. McDaniel will remain as a Senior Advisor to the Company.  YES! further announced the promotion of Karen E. Hamilton to the position of Chief Operating Officer, replacing Mr. Schaub.

Steve Schaub was a co-founder of YES! and has been the company's Chief Operating Officer since its inception in January 2008.  Mr. Schaub is a recognized industry leader, with over 25 years of experience in the acquisition, management and development of manufactured home communities.  Prior to the formation of YES!, Mr. Schaub served for eight years in senior positions with Chateau Communities and its predecessor, ROC Communities, both publicly-traded manufactured home community REITs.

Karen Hamilton has played key roles at YES! since its inception, most recently as Vice President of Operations since 2012.  Mrs. Hamilton's inspirational leadership has been critical in developing and maintaining YES!'s unique community-focused culture, which empowers operations team members nationwide to say "YES!" to our residents.

Gary McDaniel said, "Steve Schaub is one of the premier executives in the manufactured housing industry.  He has successfully overseen YES!'s operations since our founding and I am confident that he will do a tremendous job as CEO.  I look forward to working with Steve and the other members of the YES! team in an advisory capacity going forward. "

Steve Schaub said, "Gary McDaniel has been a visionary leader in our industry for decades and, in a very real sense, YES! is a reflection of his foresight and vision.  As I assume the responsibilities of CEO, I look forward to the benefit of Gary's advice and counsel in the years ahead."

Mr. Schaub added, "I am also extremely pleased that Karen Hamilton will be taking on the role of COO.  Karen has been a key partner in building out our operations over the last ten years, during which time YES! has nearly tripled in size.  I know she will do an excellent job in her new role." 

About YES! Communities

YES! Communities is one of the nation's largest owners and operators of manufactured home communities, with 188 communities across 17 states containing over 47,000 residential home sites.  Based in Denver, YES! has been recognized as the Manufactured Housing Institute's "Community Operator of the Year" award for the last eight consecutive years.  For more information, please visit www.yescommunities.com.

SOURCE YES! Communities