Howard Hughes Holdings chief accounting officer to depart in March 2027

Howard Hughes Holdings Inc. (NYSE:HHH) announced that Elena Verbinskaya, the company’s Chief Accounting Officer and principal accounting officer, will leave the company effective March 5, 2027. The company and Ms. Verbinskaya mutually agreed to this transition on Monday.

Ms. Verbinskaya will continue to serve in her current roles through the termination date to support an orderly transition, including the preparation and filing of Howard Hughes Holdings’ Annual Report on Form 10-K for the fiscal year ending December 31, 2026.

According to a statement included in the company’s filing with the Securities and Exchange Commission, Ms. Verbinskaya’s departure is not the result of any disagreement with the company regarding its operations, policies, or practices, including accounting principles, financial statement disclosure, or internal controls over financial reporting.

This information is based on a press release statement contained in the company’s SEC filing.

In other recent news, Howard Hughes Holdings reported a significant beat in its second-quarter earnings and revenue for 2026. The company posted adjusted earnings of $2.68 per share on revenue of $1.12 billion, surpassing Wall Street’s expectations of $1.69 per share on $656.12 million in revenue. Analysts noted a 58.6% beat on earnings per share and a 70.7% beat on revenue. The company’s master planned communities saw a 32% increase in earnings before taxes, reaching $134.7 million. Howard Hughes also highlighted its condo platform, which has more than $4 billion in expected future revenue, with 78% already under contract. The recently acquired Vantage insurance business contributed to the results, although it faced challenges with a combined ratio of 101.6% due to catastrophe losses and prior-year developments. Management expressed expectations of generating $2.5 billion to $3 billion in excess free cash flow from real estate over the next five years. These developments showcase the company’s strong performance and strategic growth plans.