FREDERICK, Md. — Daniel M. Ryan, founder and CEO of Dan Ryan Builders, recently announced his succession plan.
Ryan named Ronald “Ronny” Salameh, long-time chief operating officer and senior vice president, as his successor. Salameh was named president of Dan Ryan Builders effective April 1.
“For the past decade, Ronny has been driving the growth of Dan Ryan Builders in the Mid-Atlantic Region,” Ryan said in a prepared statement. “As chief operating officer, he focused on expanding market share in the original operations, revamped product and brand while adding three new markets to the company’s footprint. As I step back from the day-to-day operations, Ronny will assume more responsibility as president.”
Salameh stated, “I am very thankful for Dan’s support and trust in me over the years and I am very excited about the future of Dan Ryan Builders. For nearly 30 years, Dan Ryan Builders has grown and thrived under Dan’s leadership and the dynamic culture he has created. I will continue to expand the company’s footprint, focusing on operational excellence while honoring our long-standing, private-builder culture.”
The company has grown from the No. 55 builder in the nation in 2009 to the No. 31 spot, according to the Builder 100 list, 2017.
Dan Ryan Builders is part of the Sumitomo Forestry America Inc. home-building operator portfolio in the United States.
“Positioning its U.S. operation as a growth engine, Sumitomo Forestry is pursuing expansion of its homebuilding business in the Mid-Atlantic region through Dan Ryan Builders,” Atsushi Iwasaki, president of Sumitomo Forestry America, said in the news release. “We are committed to maintain the strong Dan Ryan Builders’ culture, team members and corporate philosophy that are the essential part of Dan’s legacy we inherit.”
Dan Ryan Builders expects a seamless transition as its long-standing corporate and executive leadership team will remain unchanged.
Dan Ryan Builders has been in business 28 years. The firm builds new construction, single family homes and townhomes in Pennsylvania, Maryland, West Virginia, Virginia, North Carolina and South Carolina.
Having built more than 15,000 homes for families across the mid-Atlantic region, the company’s mission statement is to create the best value in home ownership. This is done by providing customers well built homes, utilizing superior materials, at a competitive price while maintaining a high rate of customer satisfaction.
Sumitomo Forestry Co. is a 320-year-old, publicly traded homebuilding, forestry, timber and wood products company based in Tokyo, Japan. Sumitomo Forestry America has partnerships in five American homebuilders. Their geographic presence includes Seattle, Dallas/Fort Worth, Houston, Austin, San Antonio, Phoenix, Utah and the Mid-Atlantic markets.