Van Metre Companies Names Mike Dunleavy as New CEO

Longtime CEO Rick Rabil retires after nearly two decades of leadership

Jan. 28, 2026 at 2:23pm

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Van Metre Companies, a prominent real estate development, construction, and investment firm, has appointed Mike Dunleavy as its new Chief Executive Officer. Dunleavy succeeds Rick Rabil, who is retiring after nearly 20 years as CEO and over 40 years with the company. The leadership transition is part of Van Metre's long-term growth strategy and commitment to strong governance.

Why it matters

Van Metre Companies is a well-established, family-owned real estate firm with a 70-year history in the Mid-Atlantic region. The CEO transition represents an important milestone for the company as it looks to build on its legacy of disciplined growth and operational excellence under new leadership.

The details

Dunleavy previously served as CFO of Van Metre Companies and brings deep institutional knowledge, financial acumen, and enterprise-wide leadership experience to his new role as CEO. As part of the transition, the company has aligned its operating structure to support focus, accountability, and continued innovation across its key business units.

  • Mike Dunleavy was appointed as CEO of Van Metre Companies effective immediately on January 28, 2026.
  • Rick Rabil is retiring as CEO after nearly two decades in the role and more than four decades with the company.

The players

Mike Dunleavy

The new Chief Executive Officer of Van Metre Companies, succeeding Rick Rabil. Dunleavy previously served as CFO and brings deep institutional knowledge and leadership experience to the role.

Rick Rabil

The retiring CEO of Van Metre Companies, having served in the role for nearly two decades and with the company for over 40 years. His tenure was marked by disciplined growth, operational rigor, and the development of a strong leadership team.

Beau Van Metre

The Chairman of Van Metre Companies, a family-owned real estate firm with a 70-year history in the Mid-Atlantic region.

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What they’re saying

“Van Metre has always taken a long-term view of our business, our people, and our responsibility as a family-owned company. Mike is the right leader for this next chapter. He understands the enterprise at a strategic level and shares our commitment to thoughtful growth, strong governance, and enduring partnerships. We are confident in his ability to lead Van Metre while honoring the values and discipline that have defined our success.”

— Beau Van Metre, Chairman, Van Metre Companies (PR Newswire)

“I am honored to step into the role of CEO at such an important moment in Van Metre's history. This is a company with an extraordinary legacy, a strong culture, and a talented team across every division. I'm grateful for Rick's leadership and mentorship, and I'm excited to build on the foundation that has been created—continuing to grow responsibly, invest strategically, and deliver long-term value for our stakeholders.”

— Mike Dunleavy, Chief Executive Officer, Van Metre Companies (PR Newswire)

What’s next

The leadership transition at Van Metre Companies is expected to provide a smooth and seamless change in executive leadership as the company continues its long-term growth strategy.

The takeaway

Van Metre Companies' CEO transition represents a significant milestone for the family-owned real estate firm, as it looks to build on its decades of success under new leadership committed to responsible growth, strong governance, and enduring partnerships.