People
Tim Naughton
Timothy J. Naughton is non-executive chairman of AvalonBay Communities, a U.S. apartment REIT. He joined AvalonBay and its predecessor in 1989 and held development, acquisitions, investment, and operating roles before becoming CEO in 2012. Naughton served as president from 2005 to 2021, CEO through January 2022, and executive chairman during 2022; he retired as an officer in January 2023 and continues as board chair. AvalonBay 2026 proxy · AvalonBay succession announcement
Updated
Naughton’s career covers the full operating chain of a multifamily REIT. His prior AvalonBay posts included chief operating officer, chief investment officer, and regional vice president for development and acquisitions. The 2022 CEO transition to Benjamin Schall was part of a succession plan announced earlier, with Naughton moving to a board-level role to support continuity while Schall assumed executive leadership. In 2025, AvalonBay continued to identify Naughton as non-executive chair and reported his outside board and industry affiliations. AvalonBay 2026 proxy · AvalonBay leadership transition
He has also served as chair of Nareit and held leadership roles in the Urban Land Institute’s multifamily council. AvalonBay’s proxy lists him as chairman and notes board service at BXP and Park Hotels & Resorts. These roles place his current contribution primarily in governance and industry leadership, rather than day-to-day property operations. AvalonBay 2026 proxy
Related Pages
- Investor People Hub
- National Investor Benchmarks Hub
- AvalonBay Communities
- Benjamin Schall
- Multifamily Hub
- Source: Top 200 Global CRE People and Families
Sources
- Board of Directors | AvalonBay Communities
- AvalonBay Communities, Inc. Appoints Benjamin Schall as CEO and Timothy Naughton as Executive Chairman
- AvalonBay 2026 proxy statement
- Source: Top 200 Global CRE People and Families