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Cumberland real estate firm hires new president and CEO

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Larry Kluger
Larry Kluger - (Photo / )

The parent company of the midstate's largest real estate management firm has named a new leader.

Lemoyne-based Rhodes Development Group Inc. has named Larry Kluger as its new president and CEO.

Kluger, the former president of Journal Multimedia Corp., former parent company of the Central Penn Business Journal and Central Penn Parent, replaces John Rhodes, effective Oct. 2. Rhodes is the founder of the company and will remain chairman.

"Larry has an excellent track record of success in business management and investment banking and we are thrilled to have him leading our team," Rhodes said in a statement. 

Rhodes Development oversees the operations of Property Management Inc. in Lemoyne. As of the end of 2016, PMI was managing 224 properties with an annual rent roll above $165 million, according to Rhodes' website. The holding company also owns R&L Construction Co. and Capitol View Development Co. Inc. 

Rhodes Development has about 300 employees. 

Prior to joining the company, Kluger was a senior vice president of Murphy McCormack Capital Advisors, a middle-market investment banking firm.

Before that, he was president of Journal Multimedia from 2004 until its sale last year to New Media Investment Group. He previously led the turnaround of Winemiller Communications, a manufacturer of broadcast communications vehicles, microwave transmitters and related equipment. Winemiller was eventually sold to Prime Medical Services, which is now owned by Endo Pharmaceuticals.

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Jason Scott

Jason Scott

Jason Scott covers state government, real estate and construction, media and marketing, and Dauphin County. Have a tip or question for him? Email him at Follow him on Twitter, @JScottJournal. Circle Jason Scott on .

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lioneljohn January 29, 2018 3:58 am

Thanks for sharing the news about the appointment of new CEO for the company. Larry Kluger is definitely one of the most popular individual on the field and has got an excellent record of success in business management and investment banking. florence tours

Patrick K. Wadsworth October 13, 2017 11:24 pm

I think this decision is good and this man is so hardworking who know the value of this field. I know him personally and read so many articles about this man but you can get help me write a paper from us. So, I think it will prove good for this company and this company will progress so well.