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- Departure of CFO (new) — CFO Anna Chew is retiring effective June 1, 2026, though the company states this is not due to any disagreements and she remains on the Board.
UMH Properties CFO Anna Chew retiring June 1; Kevin Miller named successor at $430K salary
Filed May 29, 2026 · Period ending May 28, 2026 · ~1 min read
Key Changes
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CFO Anna Chew retiring effective June 1, 2026, but will remain as advisor and Board member. Company explicitly states departure is not due to disagreements over financial policies or accounting practices.
Item 5.02 verify on EDGAR → -
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Kevin Miller appointed new CFO effective June 1. He's a CPA with 10 years as CFO of Monmouth REIT and has served as CFO of a UMH-controlled opportunity zone fund since October 2022.
Item 5.02 verify on EDGAR → -
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New CFO Miller will receive $430,000 annual base salary. Employment agreement terms still being negotiated.
Item 5.02 verify on EDGAR →
Summary
UMH Properties announced a planned CFO transition with Anna Chew retiring from her executive role on June 1, 2026. The company took care to note this is an amicable departure—Chew will stay on as both an advisor and Board member, suggesting continuity in financial oversight.
Her successor, Kevin Miller, brings relevant experience as CFO of Monmouth REIT for a decade and has already been working within the UMH ecosystem as CFO of an opportunity zone fund the company controls. For retail investors, this represents a standard executive transition at a small-cap REIT. The key positive is Miller's real estate finance background and his existing familiarity with UMH operations.
The $430,000 base salary is disclosed, though full employment terms are still being finalized. Watch for the Q2 earnings call and any commentary on strategic priorities under the new CFO, particularly around capital allocation and the opportunity zone investments Miller has been managing.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
CFO Anna T. Chew retiring June 1, 2026; Kevin S. Miller appointed as successor CFO at $430,000 base salary.
Added in current filing · verify on EDGAR →
Mr. Miller will receive an annual base compensation of $430,000. The terms of an employment agreement are currently being negotiated with Mr. Miller.
The new CFO will receive a base salary of $430,000 annually, with employment agreement terms still under negotiation. This provides transparency on the compensation structure for the incoming executive.
Event · Item 9.01 — Financial Statements and Exhibits
UMH Properties filed an 8-K attaching a press release dated May 28, 2026; no material business event disclosed in the filing body.
Added in current filing · verify on EDGAR →
99 Press Release dated May 28, 2026
The company attached a press release dated May 28, 2026 as Exhibit 99. The 8-K body does not disclose the content of the press release, so the nature and materiality of any announcement cannot be determined from this filing alone.
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Figures/quotes linked to EDGAR · Narrative written by AI · May 29, 2026 · How we verify