Urban Edge’s Board of Directors recently announced that Mossik Hacobian will be stepping down from as president at the end of this year and that Chief Executive Officer Chrystal Kornegay will assume the consolidated position of president and CEO.
Known to everyone as Mossik, Hacobian served the Jamaica Plain- and Roxbury-based community development corporation since 1977 and became executive director when the organization’s founder, Ronald Hafer, stepped down in 1988. Kornegay joined Urban Edge in 1999 and served as director of real estate development and deputy director before being appointed CEO in 2008.
Over the last 11 years Urban Edge has relied on Kornegay to lead teams that produced its major development projects and designed and implemented its primary programs. As director of real estate development, she oversaw $50 million in development — more than 500 housing units and 20,000 square feet of commercial and program space.
Kornegay led Urban Edge during Mossik’s three-month sabbatical, and as deputy director she provided strategic direction for property management, community programs, asset management, community building and organizing as well as real estate development. As Urban Edge’s CEO since 2008, Kornegay has reported directly to the board and has executive responsibility for all aspects of organizational management.