Dwayne Romero resigns from Related Colorado
The Aspen Times
One week after saying he wouldn’t run for Aspen City Council re-election so he could focus on his family and his work, Dwayne Romero has resigned as president of Related Colorado.
Romero’s position will be filled by Jim D’Agostino, formerly the senior vice president of construction for Related Colorado from 2007 to 2012. D’Agostino’s appointment will take effect April 1.
A statement issued by the company March 17 was unclear as to Romero’s reasons for resigning. Romero, who joined the company in 2008 when the Snowmass affiliate was known as Related WestPac, could not be reached for comment.
“I am extremely proud of all that we have been able to accomplish together over the past seven years,” Romero said in the company’s statement. “With a thoughtful plan for future development in place, it is an opportune time to pursue other professional and personal aspirations. I have the utmost respect for Jim and know he will continue the wave of progress well into the future.”
Jeff Blau, CEO of Related Cos., called the change “a personnel issue” during an interview March 17.
“Dwayne has been with us for seven years,” Blau said. “He’s done an incredible job for us, and he just decided it was time to move on and pursue other opportunities. This really has nothing to do at all with our commitment to Snowmass and the path that we were on to continue with hopefully our approvals and future development.”
D’Agostino most recently worked as executive vice president and COO of Suffolk Construction in Los Angeles. However, he said in a phone interview March 17 that he has kept in touch with Related over the past three years and always wanted to return to the valley.
Related was fortunate to be able to bring D’Agostino on right away, Blau said.
“When he was with us I think he worked very well with the community,” Blau said. “He’s very strong on the construction front, and if anything that should give you an indication of where our mindset is in terms of the future, in the sense that we brought on a senior qualified construction person to run the group after the change.”
D’Agostino pointed out that he’s familiar with the history of Base Village, which a subsidiary of Related Cos. now owns, and said he has kept up with the progress of the town’s review of Related’s new plans for the project.
“I really look forward to completing what I started,” D’Agostino said.
Romero, currently an Aspen City Council member, attended that board’s meeting March 16, but not a Base Village discussion in the Snowmass Village Town Council’s meeting. Craig Monzio, Related Colorado development associate, instead represented the company, announcing that it would be presenting new ideas for community-purpose facilities in Base Village at the next council meeting.
“Jim D’Agostino is a talented and experienced executive and we are pleased to have him re-join the firm. His vast expertise and track record of accomplishments illustrates our deep commitment to ensure continued progress in Snowmass,” Blau said in the statement. “Dwayne Romero has been a key part of the team for seven years. We are grateful for his important contributions and wish him all the best in his future endeavors.”
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