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Kettler President and Chief Operating Officer Usha Chaudhary is leaving the company after less than three years.
The McLean-based development firm announced Chaudhary's departure Monday, less than a week after announcing President and Chief Investment Officer Asheel Shah plans to leave the company Sept. 21.
The announcement did not say the two executive exits are connected, and Kettler has not said where Chaudhary or Shah are going. Kettler did not immediately respond to requests for additional comment.
Chaudhary, formerly the chief financial officer of the Washington Post, joined Kettler in February 2016. She will continue to consult with Kettler for six months before moving on to "new opportunities," the announcement said. Kettler said Chaudhary has reached a "strategic milestone" and is ready for the next phase of her career.
"Usha is an extraordinarily accomplished executive who joined us at a pivotal time,” Kettler founder and CEO Bob Kettler said in a release. "Since coming aboard, she has been responsible for developing and implementing the company’s strategic plan. She helped build an extraordinary management team around our core of seasoned, best-in-class multifamily, land development and property management teams. She left us in a great position to continue our growth in an organized, scalable way."
The Sept. 11 announcement of Shah's departure came as Kettler hired Justin Glasgow, who previously worked for Cushman & Wakefield, as chief investment officer. That announcement said Glasgow would report to Chaudhary, who would temporarily take over for Shah has head of the multifamily division. The latest release does not say who will lead the multifamily division following Chaudhary's departure.
Kettler has developed over 20,000 multifamily units and is currently working on multiple large-scale projects including Market Terminal in Northeast D.C. and The Boro in Tysons.
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