Realty Board Names Sherman Acting Chief

Realtors' Ex-president Is Brought Back After Key Executive Resigns

April 23, 1997|By Robert Nusgart | Robert Nusgart,SUN STAFF

The Greater Baltimore Board of Realtors went into its past yesterday and named Mal Sherman, a former president of the board, as its interim executive officer.

Sherman was asked to assume that duty by the board of directors after a meeting yesterday in the wake of last week's resignation of Executive Vice President Christine A. Vasiliou.

Vasiliou resigned after staff members she fired last week were subsequently rehired when allegations of her management style were made known to board members.

Michael Yerman of Long & Foster was named to head an eight-member search committee to find a successor for Vasiliou, according to Kristin A. Josephson, director of public relations.

The committee's first meeting will be Friday, according to one board member, but no timetable has been set to name a new executive vice president.

Sherman, a real estate consultant who has been affiliated with Lipman, Frizzell & Mitchell Appraisers, is also a past president of the Maryland Association of Realtors.

"He has always been active in the board and is familiar with the organization," Josephson said. "He's very up to date on what's happening with the board."

Joining him in managing the board's day-to-day duties is Barbara Hardesty, a veteran of 29 years with the board who is currently serving as its director of administration.

"We do have an experienced staff in all departments," Josephson said, adding: "We can easily carry on with our normal routines."

Josephson also said the board had hired Carolyn Blanchard Cook as the new director of government relations.

Frank Boston III is being retained as the board's lobbyist.

Pub Date: 4/23/97

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