People: BBX Capital Corp (BBX)
BBX on New York Consolidated
12.71USD
21 May 2013
12.71USD
21 May 2013
Price Change (% chg)
$0.35 (+2.83%)
$0.35 (+2.83%)
Prev Close
$12.33
$12.33
Open
$12.45
$12.45
Day's High
$12.75
$12.75
Day's Low
$12.45
$12.45
Volume
25,028
25,028
Avg. Vol
38,451
38,451
52-wk High
$13.58
$13.58
52-wk Low
$4.60
$4.60
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Alan Levan |
68 | 2007 | Chairman of the Board, Chief Executive Officer; Chairman of the Board of BankAtlantic |
Jarett Levan |
39 | 2007 | President, Director; President, Chief Executive Officer of BankAtlantic |
John Grelle |
69 | 2012 | Chief Executive Officer, Executive Vice President |
John Abdo |
69 | Vice Chairman of the Board of Bankatlantic Bancorp Inc and BankAtlantic | |
Susan McGregor |
51 | 2006 | Executive Vice President, Chief Talent Officer of Bankatlantic Bancorp Inc and BankAtlantic |
David Friedman |
53 | 2012 | Chief Accounting Officer |
Jay McClung |
63 | 2004 | Executive Vice President, Chief Risk Officer of BankAtlantic |
Lewis Sarrica |
68 | 1986 | Executive Vice President, Chief Investment Officer of BankAtlantic |
Norman Becker |
2013 | Director | |
Steven Coldren |
64 | 1994 | Independent Director |
Bruno Di Giulian |
78 | 1994 | Independent Director |
Willis Holcombe |
66 | 2003 | Independent Director |
David Lieberman |
2006 | Independent Director | |
Charlie Winningham |
79 | 1994 | Independent Director |
Biographies
| Name | Description |
|---|---|
Alan Levan |
Mr. Alan B. Levan serves as Chairman of the Board and Chief Executive Officer of BBX Capital Corporation and Chairman of the Board of BankAtlantic, a subsidairy of the Company. He has served as Chairman and Chief Executive Officer of the Company since 1994 and as Chairman of BankAtlantic since 1987. Since 1978, Mr. Levan has served as Chairman, President and Chief Executive Officer of BFC or its predecessors. He has also served as Chairman of Bluegreen since 2002 and as a director of Benihana since 2009. Mr. Alan Levan also served as Chairman and Chief Executive Officer of Woodbridge from 1985 until 2009 when it merged with a wholly-owned subsidiary of BFC. |
Jarett Levan |
Mr. Jarett S. Levan serves as President, Director of BBX Capital Corporation and President, Chief Executive Officer of BankAtlantic, a subsidary of the Company. He has served as a director of the Company since 1999. He has served in various capacities at BankAtlantic, including as Executive Vice President and Chief Marketing Officer; President, Alternative Delivery; President, BankAtlantic.com; and Manager of Investor Relations. He joined BankAtlantic as an attorney in the Legal Department in January 1998. He has served as a director of BFC since September 2009 and Executive Vice President of BFC since April 2011. In addition, he currently serves as Chairman of the Cultural Foundation of Broward and as a director of the Broward Performing Arts Foundation, the Broward Workshop, the Broward Alliance, the Fort Lauderdale Museum of Art, the Museum of Discovery & Science (Fort Lauderdale) and the Broward County Cultural Council. |
John Grelle |
Mr. John K. Grelle is the Chief Executive Officer, Executive Vice President of BBX Capital Corporation. Mr. Grelle joined BFC as acting Chief Financial Officer on January 11, 2008 and was appointed Executive Vice President and Chief Financial Officer on May 20, 2008 and Chief Risk Officer on September 16, 2011. Mr. Grelle also served as Executive Vice President, Chief Financial Officer and principal accounting officer of Woodbridge Holdings Corporation from May 2008 until September 2009 when it merged with and into a wholly owned subsidiary of BFC. Prior to joining BFC, Mr. Grelle served as a Partner of Tatum, LLC, an executive services firm. From 2003 through October 2007, when Mr. Grelle joined Tatum, LLC, Mr. Grelle was the founder and principal of a business formation and strategic development consulting firm. From 1996 through 2003, Mr. Grelle served as Senior Vice President and Chief Financial Officer of ULLICO Inc. and, from 1993 through 1995, he served as Managing Director of DCG Consulting. Mr. Grelle has also been employed in various other executive and financial positions throughout his career, including Chairman and Chief Executive Officer of Old American Insurance Company; Controller of the Financial Services Division of American Can Company (later known as Primerica); Chairman, President and Chief Executive Officer of National Benefit Life, a subsidiary of Primerica; President of Bell National Life; Senior Vice President and Chief Financial Officer of American Health and Life; Controller of Sun Life America; and Director of Strategic Planning and Budgeting for ITT Hamilton Life. Mr. Grelle is a former member of the board of directors of the N.Y. Council of Life Insurers. |
John Abdo |
Mr. John E. Abdo serves as Vice Chairman of the Board of BBX Capital Corporation and BankAtlantic, a subsidairy of the Company. He serves as as Vice Chairman of BankAtlantic since 1987. Since 1988, Mr. Abdo has served as a director of BFC and, since 1993, he has served as BFC’s Vice Chairman. He is also the Vice Chairman of Bluegreen Corporation, a NYSE listed company (“Bluegreen”), and Benihana Inc., a Nasdaq Global Select Market listed company (“Benihana”). BFC, which owns shares of the Company’s Class A Common Stock and Class B Common Stock representing a majority of the voting power of the Company, owns a controlling position in Bluegreen’s common stock and a investment in Benihana. Mr. Abdo is the President of Abdo Companies, Inc., a member of the Board of Directors of the Broward Performing Arts Center Authority (PACA) and former President and current director and Chairman of the Finance Committee of the Broward Performing Arts Foundation. Mr. Abdo served as Vice Chairman of Woodbridge Holdings Corporation (“Woodbridge”) from 2001 until 2009 when it was merged with a wholly-owned subsidiary of BFC. |
Susan McGregor |
Ms. Susan D. McGregor serves as Executive Vice President and Chief Talent Officer of BBX Capital Corporation and BankAtlantic, a subsidairy of the Company. She has been the Chief Talent Officer (formerly referred to as Executive Vice President, Human Resources) of the Company and BankAtlantic since March 2004. She also serves as the senior human resources executive for BFC. She had served as Senior Vice President, Human Resources of BankAtlantic since 1991 and in various other capacities in the Human Resources Department of BankAtlantic since joining BankAtlantic in November 1986. |
David Friedman |
Mr. David Friedman has been appointed as the Chief Accounting Officer of BBX Capital Corporation. He was an employee of BankAtlantic, the Company’s former federal savings bank subsidiary, for the past 24 years, including most recently as Corporate Controller. |
Jay McClung |
Mr. Jay C. McClung serves as Executive Vice President and Chief Risk Officer of BankAtlantic, a subsidiary of BBX Capital Corporation. He became BankAtlantic’s Executive Vice President and Chief Risk Officer in December 2004 after previously serving as a consultant to BankAtlantic and as its Executive Vice President and Chief Credit Officer. Before joining BankAtlantic, Mr. McClung was the Executive Vice President and Chief Credit Officer at Synovus Financial Corporation from 1995 through 2000. |
Lewis Sarrica |
Mr. Lewis F. Sarrica serves as Executive Vice President, Chief Investment Officer of BankAtlantic, a subsidairy of BBX Capital Corporation. He joined BankAtlantic in April 1986 and became Executive Vice President and Chief Investment Officer in December 1986. Prior to joining BankAtlantic, Mr. Sarrica served as First Vice President and Investment Division Director of Dollar Dry Dock Savings Bank from 1981 through 1986. |
Norman Becker |
Mr. Norman H. Becker has been appointed as Director of BBX Capital Corporation effective May 7, 2013. Mr. Becker was also appointed Chairman of the Company’s audit committee. Mr. Becker also serves as a director of Bluegreen Corporation (“Bluegreen”). |
Steven Coldren |
Mr. Steven M. Coldren serves as an Independent Director of BBX Capital Corporation. He is the President/Founder of Business Information Systems, Inc., a distributor of commercial recording systems since 1982. Until 2004, Mr. Coldren was also Chairman of Medical Information Systems, Corp., a distributor of hospital computer systems. |
Bruno Di Giulian |
Mr. Bruno L. Di Giulian serves as an Independent Director of BBX Capital Corporation. He joined the law firm of Conrad & Scherer, LLP as a partner in 2009. He has also operated his own law firm, Bruno L. Di Giulian. P.A. Attorney at Law, since November 2009. Mr. Di Giulian previously was an attorney at the law firm of Ruden McClosky, from which he retired his of counsel position in 2006. He has also served as a mediator since 1996, when he was certified by the Supreme Court of Florida as a Circuit Civil Mediator. |
Willis Holcombe |
Dr. Willis N. Holcombe serves as an Independent Director of BBX Capital Corporation. He served as the Chancellor of the Florida College System from October 2007 until his retirement in November 2011. He previously served as the President of Broward Community College from January 1987 until January 2004, as well as interim President from November 2006 to July 2007. Dr. Holcombe also served as a director on the Florida Prepaid College Board from January 2008 through November 2011. |
David Lieberman |
Mr. David A. Lieberman serves as an Independent Director of BBX Capital Corporation. Mr. Lieberman served as Senior Vice President for Business and Finance at the University of Miami from 1978 until his retirement in 2006. He currently holds the title of Senior Vice President for Business and Finance Emeritus. Mr. Lieberman was a practicing CPA at Arthur Andersen for the twelve years ended 1969. From 2004 through 2007, Mr. Lieberman served as a director of Foamex International, Inc. until 2009 and IVAX Corporation prior to its acquisition in January 2006 by Teva Pharmaceutical Industries, Ltd. Foamex International filed for Chapter 11 bankruptcy protection during September 2005. Mr. Lieberman joined the Board of Directors of Foamex International when it was already in financial distress, and during the time when Mr. Lieberman served as a director, Foamex International restructured its debt pursuant to which its creditors were paid in full, including interest, and its stockholders’ equity was maintained. Mr. Lieberman also previously served as a director of two privately owned banks in the South Florida market and was the Chairman of the Audit Committee of one of such banks. |
Charlie Winningham |
Mr. Charlie C. Winningham II, serves as an Independent Director of BBX Capital Corporation. Mr. Winningham is a private investor. He was the President of C.C. Winningham Corporation, a land surveying firm, from 1963 until his retirement in 2003. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Alan Levan |
486,045 |
Jarett Levan |
481,798 |
John Grelle |
-- |
John Abdo |
495,215 |
Susan McGregor |
-- |
David Friedman |
-- |
Jay McClung |
675,012 |
Lewis Sarrica |
306,474 |
Norman Becker |
-- |
Steven Coldren |
-- |
Bruno Di Giulian |
-- |
Willis Holcombe |
-- |
David Lieberman |
-- |
Charlie Winningham |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Alan Levan |
1,932,344 | 26,453,720 |
Jarett Levan |
1,392,432 | 20,688,510 |
John Grelle |
0 | 0 |
John Abdo |
882,412 | 10,724,480 |
Susan McGregor |
0 | 0 |
David Friedman |
0 | 0 |
Jay McClung |
99,905 | 1,340,250 |
Lewis Sarrica |
169,612 | 247,316 |
Norman Becker |
0 | 0 |
Steven Coldren |
0 | 0 |
Bruno Di Giulian |
0 | 0 |
Willis Holcombe |
0 | 0 |
David Lieberman |
0 | 0 |
Charlie Winningham |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
DI GIULIAN BRUNO L |
250 | $7.03 |
DI GIULIAN BRUNO L |
250 | $7.12 |
DI GIULIAN BRUNO L |
250 | $7.00 |
ABDO JOHN E |
11,496 | $7.05 |
DI GIULIAN BRUNO L |
250 | $7.02 |
ABDO JOHN E |
11,537 | $7.05 |
LEVAN JARETT S |
188,401 | $0.00 |
ABDO JOHN E |
376,802 | $0.00 |
WISE SETH M |
188,401 | $0.00 |
LEVAN ALAN B |
376,802 | $0.00 |
SARRICA LEWIS F |
10,000 | $0.75 |
MCCLUNG JAY C |
1,333 | $0.75 |
WINNINGHAM CHARLIE C II |
5,000 | $0.75 |
COLDREN STEVEN M |
11,622 | $0.75 |
DI GIULIAN BRUNO L |
3,903 | $0.75 |
LEVAN ALAN B |
507 | $0.75 |
LEFEBVRE PATRICIA M |
1,835 | $0.75 |
LEVAN ALAN B |
754 | $0.75 |
BFC FINANCIAL CORP |
13,333,333 | $0.75 |
LEFEBVRE PATRICIA M |
5,000 | $0.75 |

