People: MDC Holdings Inc (MDC)

MDC on New York Consolidated

29.04USD
28 Aug 2014
Price Change (% chg)

$0.19 (+0.66%)
Prev Close
$28.85
Open
--
Day's High
$29.01
Day's Low
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Volume
265,003
Avg. Vol
576,436
52-wk High
$33.20
52-wk Low
$25.89

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Summary

Name Age Since Current Position

Larry Mizel

71 1999 Chairman of the Board, Chief Executive Officer

David Mandarich

66 1999 President, Chief Operating Officer, Director

John Stephens

45 2012 Chief Financial Officer, Senior Vice President, Principal Accounting Officer

Michael Touff

69 1999 Senior Vice President, General Counsel

Herbert Buchwald

83 2007 Lead Independent Director

Raymond Baker

63 2012 Independent Director

Michael Berman

63 2006 Independent Director

David Blackford

65 2001 Independent Director

Paris Reece

2013 Independent Director

David Siegel

57 2009 Independent Director

Bob Martin

VP - Finance and Business Development

Biographies

Name Description

Larry Mizel

Mr. Larry A. Mizel is Chairman of the Board, Chief Executive Officer of MDC Holdings Inc. Mr. Mizel founded the Company in 1972 and has served as a Director and Chairman of the Board since its inception. He was appointed Chief Executive Officer of the Company in 1988, a position he currently holds. Mr. Mizel has provided the Company with and judgment, serving as the Chief Executive Officer and Chairman of the Board of Directors, and working to further the long-term interests of the Company’s Shareholders.

David Mandarich

Mr. David D. Mandarich is President, Chief Operating Officer, Director of MDC Holdings Inc. Mr. Mandarich has been associated with the Company since 1977. He was elected President and Chief Operating Officer of the Company in June 1999, a position he currently holds. He previously had been elected Chief Operating Officer in March 1996, Co-Chief Operating Officer in September 1994 and Executive Vice President-Real Estate in April 1993. He was a Director from September 1980 until April 1989, and has been a Director continuously since March 1994.

John Stephens

Mr. John M. Stephens is Chief Financial Officer, Senior Vice President, Principal Accounting Officer of MDC Holdings, Inc. He previously was with Standard Pacific Corp., one of the country’s homebuilders, serving as Chief Financial Officer from February 2009 through June 2011, Senior Vice President from May 2007 through June 2011, Corporate Controller from November 1996 through February 2009, and Treasurer from May 2001 until October 2002 and from November 2009 through June 2011. Prior to Standard Pacific, Mr. Stephens was an audit manager with the international accounting firm Arthur Andersen LLP.

Michael Touff

Mr. Michael Touff is Senior Vice President, General Counsel of MDC Holdings Inc. He was elected Senior Vice President and General Counsel of the Company in July 1999, having been elected previously as Vice President and General Counsel in December 1994. From August 1992 through December 1994, he was an officer in the law firm of Ireland, Stapleton, Pryor & Pascoe, P.C. Prior to August 1992, Mr. Touff was an officer in the law firm of Holmes & Starr, a Professional Corporation. Mr. Touff also is an officer, director or both of several of the Company’s subsidiaries.

Herbert Buchwald

Mr. Herbert T. Buchwald is Lead Independent Director of MDC Holdings Inc. He is a principal in the law firm of Herbert T. Buchwald, P.A. and president and chairman of the board of directors of BPR Management Corporation, a property management company located in Denver, Colorado, positions he has held for more than the past five years. Mr. Buchwald has been engaged in the acquisition, development and management of residential and commercial real estate in Florida, New Jersey and Colorado, through both publicly and privately held ventures for more than forty years. As an attorney, he has been admitted to practice before federal and state trial and appellate courts in Florida and Colorado. In addition, he holds an accounting degree and formerly was a practicing Certified Public Accountant. He has been a member of the Company’s Board of Directors since March 1994. Since March 2007, he has served as the Lead Director.

Raymond Baker

Mr. Raymond T. Baker is an Independent Director of MDC Holdings Inc. He has served as President of Gold Crown Management Company, a real estate asset management company from 1974 to present. He is the founder and has served as Co-Director of the Gold Crown Foundation since 1986. He also is a member of the Board of Directors of Alpine Banks of Colorado, Steele Street State Bank & Trust, and Land Title Guarantee Company. Mr. Baker is currently serving as Chairman of the Board of the Denver Metropolitan League Baseball Stadium District and Chairman of the Board of the Metropolitan Football Stadium District (Denver). From February 2004 until May 2007, he served as a director of Central Parking Corporation. He has over thirty-five years experience in the real estate and banking industries.

Michael Berman

Mr. Michael A. Berman, M.D., is an Independent Director of MDC Holdings Inc. He has over 30 years experience in the financial services industry. He is a member of Applied Capital Management, a private investment management firm located in Scottsdale, Arizona, and has served as its chairman from 2002 to date. From 2005 to 2006, he also served as the chief executive officer of First Ascent Capital, a financial services firm located in New York. From July 2006 until December 2008, he served as president and chief executive officer of Real Estate Equity Exchange, Inc. (Rex & Co.), a financial services firm located in San Francisco, California. From January 1990 to March 1999, Mr. Berman was employed by The Nomura Securities Co., Ltd. (Tokyo) group of companies, where he held several senior executive positions, including that of President and CEO of Nomura Holding America Inc. and Chairman of Capital America, Nomura’s commercial real estate lending subsidiary. In April 2006, Mr. Berman became a Director of the Company and, in September 2006, he was appointed a director of HomeAmerican Mortgage Corporation (“HomeAmerican”), the Company’s wholly owned mortgage subsidiary.

David Blackford

Mr. David E. Blackford is an Independent Director of MDC Holdings Inc. He has over 35 years experience in the banking industry. He was employed by California Bank & Trust, California banking institution, between 1998 and 2001 as managing director, serving on the board of directors and the Senior Loan Committee for Real Estate Finance. In May 2001 he was appointed chairman, president and chief executive officer of that bank, positions he currently holds. He also is an executive vice president of Zions Bancorporation, the parent company of CB&T. Prior to 1998, he served as an executive officer in several financial institutions, including Bank One and Valley National Bank. He joined the Company’s Board of Directors in April 2001.

Paris Reece

Mr. Paris G. Reece III has been appointed as an Independent Director of MDC Holdings, Inc., effective May 20, 2013. Mr. Reece was formerly the Company’s Chief Financial Officer and Principal Accounting Officer. He has been retired since August 1, 2008. Since retiring, among his other charitable activities, Mr. Reece has served, and continues to serve, as President of Cancer League of Colorado, an all-volunteer nonprofit organization that raises funds to support cancer research and cancer-related services in Colorado.

David Siegel

Mr. David Siegel is an Independent Director of MDC Holdings Inc. He has been a partner in the law firm of Irell & Manella LLP for more than twenty years, where he leads that firm’s securities litigation practice and formerly was the firm’s Managing Partner. Mr. Siegel’s law practice, for which he is nationally recognized, is concentrated on securities class actions, corporate governance, risk management and SEC reporting standards. Mr. Siegel has chaired and is a frequent speaker at various seminars on securities litigation, class actions, and trial techniques. He has been named by his peers as one of the “Best Lawyers in Commercial Litigation” in The Best Lawyers in America guide.

Bob Martin

Basic Compensation

Name Fiscal Year Total

Larry Mizel

12,068,800

David Mandarich

12,225,700

John Stephens

1,213,910

Michael Touff

1,169,110

Herbert Buchwald

--

Raymond Baker

--

Michael Berman

--

David Blackford

--

Paris Reece

1,102,490

David Siegel

--

Bob Martin

--
As Of 30 Dec 2013

Options Compensation

Name Options Value

Larry Mizel

1,793,950 48,526,780

David Mandarich

1,793,950 48,314,090

John Stephens

0 0

Michael Touff

218,697 4,861,300

Herbert Buchwald

0 0

Raymond Baker

0 0

Michael Berman

0 0

David Blackford

0 0

Paris Reece

527,940 14,118,205

David Siegel

0 0

Bob Martin

0 0
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