Michaels Welcomes New Executive Vice President
CAMDEN, NEW JERSEY / ACCESS Newswire / April 21, 2025 / The Michaels Organization, a national leader in residential real estate with full service capabilities in development, property management, construction, and investment, announced today that Genevieve Bauer has joined its Leadership Team as Executive Vice President of Management Operations.Genevieve Bauer A headshot of Genevieve Bauer, Executive Vice President, Management Operations, The Michaels Organization.
A senior real estate executive with deep experience in property management operations across all housing sectors including market-rate, affordable, student, and military housing, Bauer is positioned to succeed Kimberlee Schreiber, president of Michaels Management, who has announced her intention to retire in two years.
'We truly cannot express how grateful we are to Kimberlee for her leadership and dedication to Michaels,' said Matt Sullivan, Michaels' Chief Operating Officer. 'She has been with Michaels for more than 15 years, the last ten in the role of President, as our portfolio grew by more than 30,000 units and our geographic footprint increased by four states. She has deeply embedded our mission of creating Communities that Lift Lives into our culture and has been a role model for all those who have had the pleasure of working for and with her,' Sullivan said.
Under Schreiber's leadership, Michaels Management has been the recipient of multiple awards, including being named Property Management Company of the Year three times by The National Association of Homebuilders.
Bauer's appointment now as EVP will provide an opportunity for her to embark on a tour of Michaels' extensive portfolio, which extends from coast to coast, as well as Hawaii and the Caribbean. She will work side-by-side with Schreiber and the other members of Schreiber's executive leadership in all aspects of property operations, including financial management, resident services, compliance, and technology.
'I am delighted to welcome Gen to Michaels and look forward to her leading our management team into the future with great success,' said Schreiber. 'All of Michaels' achievements over the past half century are due to our people--our great teammates who live our mission to Lift the Lives of our residents and each other. Gen embraces our culture and our mission and will be supported by the best team in the business,' Schreiber said.
Bauer comes to Michaels from MAXX Properties where she served as Chief Operating Officer. Her prior experience also includes Senior Vice President roles at Balfour Beatty Communities and WinnCompanies. She holds a Certified Property Management designation from the Institute of Real Estate Management and a Certified Defense Privatization Manager Designation from the Military Housing Lodging Institute. In 2008, she was recognized with an 'Up and Comer' Award by Multifamily Executive Management for her success 'tangibly contributing to the financial success of her company.'
Educated at the University of Denver, Bauer holds a Master's Degree in Leadership and Organizations. Her industry involvement includes serving as Past Chair of the NAA's Apartment Careers Committee and as Past Chair of the Privatized Military Housing Committee. Her volunteer service includes being a founding member of the National Training Committee for Entryway, a nonprofit organization dedicated to career training and economic self-sufficiency.
About The Michaels Organization
Michaels is a national leader in residential real estate, offering full-service capabilities in development, property and asset management, construction, and investment. Serving more than 200,000 residents in more than 600 communities across 39 states, the District of Columbia, and the U.S. Virgin Islands, Michaels is committed to crafting housing solutions that jumpstart education, civic engagement and neighborhood prosperity, and to creating Communities That Lift Lives.
Contact Information:
Laura Zaner
Vice President, Michaels Corporate Marketing
[email protected]
856-988-5983; 856-630-1540
SOURCE: The Michaels Organization
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Why do you think this was different? Well, I mean, they did make an overture to settle the case, and for a very large sum of money. Now, it was a fraction of the verdict, but the condition of the settlement was that it would be secret. And my clients were not interested in a secret settlement. They knew that this was a case and a cause that was bigger than themselves. And it was important to them that we shine a light on what Tesla has done. My theme in my closing argument was about Tesla's choices and Tesla's words. And to your point as to why they've been successful, I think it's in part because there are two Teslas. There's Tesla in the showroom and then there's Tesla in the courtroom. And Tesla in the showroom tells you that they've invented the greatest full self-driving car the world has ever seen. Mr. Musk has been peddling to consumers and investors for more than a decade that the cars are fully self-driving, that the hardware is capable of full autonomy. And those statements were as untrue the day he said them as they remain untrue today. But then they showed up in a courtroom and they say, No, no, no, this is nothing but a driver assistance feature. 'My theme in my closing argument was about Tesla's choices and Tesla's words.' Words matter. Choices matter. … Sometime later today or tomorrow, whenever the clerk finally approves it, all of the admitted trial exhibits are going to be publicly filed on the federal docket in Miami. Documents that only I and the lawyers involved in this case have seen, which shows Tesla knew about people's constant misuse of their system. They knew how they were misusing it. They knew why they were misusing it. And they knew when they were misusing it — going back a decade. And I would encourage you and anybody else who's been following these to log on to Pacer and to pull those exhibits down because they have never been seen before. 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[Musk's words] were central to it. … The jury is asked about the expectation of an ordinary consumer. What would an ordinary consumer expect this vehicle to do? It didn't actually matter what the driver himself thought. Now, his feelings about this were very consistent with Musk's statements, but [Musk] says these things for a reason. He says this to create this idea in the public's mind that these cars are more than they really are. He makes these comments going back to 2015. Autonomous driving is a solved problem. They are safer than humans. It will stop for anything. It knows if there's something metal and something dense in front of it, it should stop. It doesn't matter if it's an alien spaceship, he said. And we played all of those because that aligns with the law. I said, 'Look, you may know that Chick-fil-A has a cow running around telling you to eat more chicken and that LiMu the emu and Doug wants you to buy Liberty Mutual insurance. And that Geico has a gecko that peddles its products.' I said, 'No one knows who Andrew Cathy, Tim Sweeney, and Todd Combs are. They are the CEOs of those companies. And even though no one's heard of them … the decisions they make and the words they speak define what an ordinary consumer thinks of their company and the products they sell.' And I said the same is true of Elon Musk and Tesla. They cannot escape the fact that they have represented for a decade that they have invented and made a vehicle to the public that is the greatest, most advanced, Enhanced Autopilot driving vehicle the world has ever seen. And then they show up in court and they go, Well, there's no vehicle in 2019 that would have ever stopped under this scenario. It's a T intersection. It's a broadside hit. Blah, blah, blah. 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EV maker Tesla (TSLA) is in a transition phase, according to Yahoo Finance's Opening Bid interview with Gradient Investments' Lisa Schreiber. On July 23, Tesla reported second-quarter earnings that were weaker than last year, and CEO Elon Musk warned during the earnings call about several challenges ahead. He also said that Tesla will focus heavily on ride-hailing services and self-driving technology as part of its future plans. Nevertheless, the market reacted negatively, and Tesla's stock dropped more than 8% after the announcement. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Interestingly, it has become harder for investors to figure out in which direction Tesla wants to go. The company is still known for its groundbreaking work in robotics and artificial intelligence, but its main electric vehicle business is slowing down due to competition and Musk's political involvement. It also does not help that the $7,500 federal tax credit for electric vehicles will end on September 30, 2025. As a result, Schreiber told Yahoo Finance that investors are not sure how to value Tesla and whether it should be viewed as a carmaker, a robotics company, or something in between. For reference, Tesla's stock is currently priced like a fast-growing tech company at around 161 times forward earnings. This is because Tesla wants to expand beyond cars. Indeed, it recently launched a robotaxi service in Austin, Texas. Musk also talked about the company's humanoid robot, Optimus, and highlighted that both the robots and Tesla's vehicles rely on similar AI systems. However, Schreiber warned that Musk has a history of big promises followed by delays. Therefore, she believes that it is best for investors to wait and see progress before considering Tesla as a buy. What Is the Prediction for Tesla Stock? Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 14 Buys, 15 Holds, and eight Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $310.65 per share implies 5.3% downside risk.
