Principals

Theo C. Rodgers, Chairman and Chief Executive Officer

Theo C. Rodgers is Chairman and Chief Executive Officer of A&R. Mr. Rodgers co-founded the firm in 1977 and has guided its progress since its founding.

Prior to founding A&R, Theo was Vice President of H.G. Parks, Inc., an East Coast meat processing firm located in Baltimore, MD. Theo’s professional experience includes project engineering positions at General Motors and Dow Corning corporations. Theo currently serves as a Johns Hopkins Health System Trustee, University of Maryland Baltimore Foundation Trustee, and Vice Chairman/Director Caves Valley Golf Club.  He is also Trustee Emeritus on the Johns Hopkins Medicine, Johns Hopkins Hospital, and the Baltimore Community Foundation boards.

Theo’s prior governance experience includes Director/Trustee T. Rowe Price Funds, Director Baltimore Bancorp, and Vice Chairman/Director Injured Workers Insurance Fund of Maryland. Theo has a B.S. in Mechanical Engineering from Tennessee State University and a MBA from the Harvard Business School.

Marjorie Rodgers Cheshire, President and Chief Operating Officer

Marjorie Rodgers Cheshire is the President and Chief Operating Officer of A&R Development, a diversified real estate investment company, which owns large-scale multifamily, commercial, and mixed-use properties in the Baltimore and Washington markets.  Ms. Cheshire is responsible for the firm’s business operations, asset management, and strategic initiatives.

Prior to joining A&R, Ms. Cheshire spent many years in senior leadership positions in the media and sports industries.  Ms. Cheshire was the Senior Director of Brand & Consumer Marketing for the National Football League, was a Vice President of Business Development for Oxygen Media, and served as a Director and Special Assistant to the Chairman & CEO of ESPN.  Early in her career, Ms. Cheshire also worked as a consultant at The Boston Consulting Group and in brand management at Nestle Foods.

Ms. Cheshire is a Director of the PNC Financial Services Group (NYSE: PNC), Exelon (NASDAQ:  EXC), Empowerment & Inclusion Capital I Corp. (NYSE: EPWR.U), Chair of the Board of Baltimore Equitable Insurance, and is a Trustee of Johns Hopkins Medicine and Johns Hopkins Hospital. She also actively volunteers with other local civic organizations focused on education and the arts. Ms. Cheshire has a B.S. in Economics from the Wharton School of the University of Pennsylvania and an MBA from the Stanford University Graduate School of Business.