Press Release, May 31st, 2023:
PPR Capital Management (“PPR”), a leading private equity real estate fund manager, today announced the promotion of Chelsea DeLuca to the position of Chief Operating Officer (COO), effective immediately. This strategic move marks another significant step forward in PPR’s evolution towards its next phase of growth, known as “PPR Next .”
Having joined PPR over 11 years ago, Chelsea DeLuca has been an integral part of the PPR family, most recently contributing to the company’s success as the Director of Operations. In her previous roles at PPR, Chelsea has consistently demonstrated exceptional leadership, dedication, and a deep understanding of the organization’s evolving operations.
As the newly appointed COO, Chelsea will report directly to Steve Meyer, Chief Executive Officer (CEO), and will assume responsibility for PPR’s Core Operations and Infrastructure. This pivotal role will encompass overseeing and coordinating the efforts of various departments, including Operations, Legal, Human Resources, and Technology. Chelsea’s wealth of experience and broad skill set make her the ideal candidate to spearhead these critical areas as PPR embarks on a journey toward becoming a nimbler organization, with enhanced coordination and faster decision-making.
CEO Steve Meyer expressed confidence in Chelsea’s capabilities, stating, “I have a tremendous amount of professional and personal respect for Chelsea, and her promotion to COO is a natural and deserved, progression in her career at PPR. Her dedication, expertise, and unwavering commitment to our company’s success have been evident throughout her tenure at PPR. I look forward to collaborating closely with Chelsea as we navigate the exciting growth opportunities that lie ahead.”
Chelsea DeLuca’s promotion aligns with the ethos of PPR Next, emphasizing the company’s drive to more quickly and effectively adapt, innovate, and capitalize on emerging trends in the industry. Continued Meyer, “With her extensive knowledge and proven track record, Chelsea is poised to lead PPR’s operations with remarkable efficiency and effectiveness, ensuring that the company remains at the forefront of the industry.”
