People: Municipal Mortgage & Equity LLC (MMAB.PK)
MMAB.PK on OTC Markets Group
1.45USD
17 May 2013
1.45USD
17 May 2013
Price Change (% chg)
$0.02 (+1.40%)
$0.02 (+1.40%)
Prev Close
$1.43
$1.43
Open
$1.45
$1.45
Day's High
$1.48
$1.48
Day's Low
$1.43
$1.43
Volume
129,707
129,707
Avg. Vol
108,633
108,633
52-wk High
$1.50
$1.50
52-wk Low
$0.20
$0.20
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Mark Joseph |
73 | 2005 | Chairman of the Board |
Michael Falcone |
50 | 2005 | President, Chief Executive Officer, Director |
Lisa Roberts |
45 | 2011 | Chief Financial Officer, Executive Vice President |
Gary Mentesana |
47 | 2010 | Executive Vice President, Treasurer |
Earl Cole |
58 | 2004 | Executive Vice President |
Jason Antonakas |
2012 | Chief Accounting Officer | |
J. Grant |
2013 | Director | |
Francis Gallagher |
52 | 2012 | Independent Director |
Douglas McGregor |
70 | 1999 | Independent Director |
Fred Pratt |
67 | 2003 | Independent Director |
Frederick Puddester |
57 | 2011 | Independent Director |
Biographies
| Name | Description |
|---|---|
Mark Joseph |
Mr. Mark K. Joseph is Chairman of the Board of Municipal Mortgage & Equity, LLC. He has been Chairman of the Board of MuniMae since 1996. From founding in 1996 until January 1, 2005, he served as Chief Executive Officer. He served as the President of the managing general partner of the SCA Tax-Exempt Fund Limited Partnership, predecessor, from 1986 through 1996. Mr. Joseph is the Founding Chairman of The Shelter Group, a multifamily development firm. Mr. Joseph is a former director of Provident Bankshares Corporation prior to its acquisition by M & T Bank. |
Michael Falcone |
Mr. Michael L. Falcone is President, Chief Executive Officer, Director of Municipal Mortgage & Equity, LLC. Mr. Falcone has been a director of MuniMae since 1999. Mr. Falcone has been the Chief Executive Officer and President of MuniMae since January 1, 2005. Prior to his appointment as Chief Executive Officer, he served as Chief Operating Officer since 1997. Prior to joining MuniMae, he was a Senior Vice President of Shelter Development Corporation, where he was employed from 1983 to 1996. |
Lisa Roberts |
Ms. Lisa Marie Roberts is Chief Financial Officer, Executive Vice President of Municipal Mortgage & Equity, LLC., since August 23, 2011. Prior to her appointment as Chief Financial Officer, she served as Corporate Controller and Senior Vice President since joining MuniMae in November 2007. Prior to joining MuniMae, Ms. Roberts was a Managing Director within the Financial Services practice of Navigant Consulting, Inc., a global consulting firm providing operational, dispute, investigative, risk management and financial advisory solutions to the market. She joined Navigant Consulting, Inc. in 2006. Previous to this, she was Vice President and head of Corporate Accounting for Freddie Mac. She joined Freddie Mac in 1994. Prior to joining Freddie Mac, Ms. Roberts was an auditor for Arthur Andersen LLP practicing within their Financial Services division. She joined Arthur Anderson in 1990. Ms. Roberts is a graduate of Virginia Tech with a B.A. in Economics and a Masters in Accounting. |
Gary Mentesana |
Mr. Gary A. Mentesana is an Executive Vice President, Treasurer of Municipal Mortgage & Equity, LLC. He has been responsible for Corporate Capital since February 2008. He has been an Executive Vice President of MuniMae since 2003 and has been in leadership positions since joining MuniMae in 1996. Mr. Mentesana joined MuniMae in 1996 when the Company succeeded the SCA Tax-Exempt Fund Limited Partnership, whom he had been with since 1988. Before SCA Tax-Exempt Fund Limited Partnership, Mr. Mentesana was an active Certified Public Accountant and worked for Coopers and Lybrand. Mr. Mentesana graduated from the University of Rhode Island. |
Earl Cole |
Mr. Earl W. Cole is an Executive Vice President of Municipal Mortgage & Equity, LLC., since 2004. In addition, Mr. Cole is the Company’s Chief Credit Officer and Head of Credit Strategy. Prior to assuming his current roles, Mr. Cole oversaw the loan servicing and construction management of MuniMae’s real estate Portfolio Management and Asset Management functions. Mr. Cole joined the predecessor, the SCA Tax-Exempt Fund Limited Partnership, in 1989 and has served in various leadership positions with MuniMae since 1996. Prior to joining SCA Tax-Exempt Fund Limited Partnership, Mr. Cole worked for the United States Department of Housing and Urban Development for 13 years, where he was engaged in a number of activities, including loan origination and servicing and community planning and development. Mr. Cole is a graduate of the University of Maryland with a B.A. in Economics. |
Jason Antonakas |
Mr. Jason Antonakas is appointed as the Chief Accounting Officer of Municipal Mortgage & Equity, LLC, effective from December 17, 2012. Mr. Antonakas is a certified public accountant (Maryland) and was previously the Controller for Williams Scotsman, a subsidiary of Algeco Scotsman, for two and one-half years, after more than 11 years with KPMG, LLP, most recently as a senior manager in the Baltimore, Maryland office. |
J. Grant |
Mr. J.P. Grant has been appointed as the Director of Municipal Mortgage & Equity, LLC, effective January 1, 2013. Mr. Grant is the founder, President and CEO at Grant Capital Management, Inc. (previously First Municipal Credit Corporation), where he has specialized in providing tax-exempt financing to city and state governments since the company’s founding in 2000. Prior to that, he held positions in sales for IBM Corporation - Public Sector and Federal Data Corporation. |
Francis Gallagher |
Mr. Francis X. Gallagher is an Independent Director of Municipal Mortgage & Equity, LLC., since February 6, 2012. Mr. Gallagher is a Managing Partner at Charlesmead Advisors LLC, where he leads investment banking efforts to focused subsectors within the telecommunications industry, including wireline and wireless services and internet infrastructure. From 2005 to 2011, Mr. Gallagher was a Managing Director at Stifel Nicolaus Weisel, Incorporated, a investment bank, where he managed and led the Telecommunications Industry Banking Group. From 1997 to 2005, Mr. Gallagher spent eight years in a variety of executive positions with Legg Mason Wood Walker Incorporated, where he was responsible for investment banking coverage of a variety of and small-capitalization telecommunications companies. |
Douglas McGregor |
Mr. Douglas A. McGregor is an Independent Director of Municipal Mortgage & Equity, LLC., since 1999. In 2002, In 2002, Mr. McGregor retired as Vice Chairman and Chief Operating Officer of The Rouse Company, formerly a real estate development and management company, a position he held since 1998. Mr. McGregor had been with The Rouse Company since 1972. Mr. McGregor has experience in real estate development and management. |
Fred Pratt |
Mr. Fred N. Pratt is an Independent Director of Municipal Mortgage & Equity, LLC., since July 2003. From November 2006 until August 2009 Mr. Pratt was the President of Benchmark Assisted Living, a private company that operates senior living facilities. From 2003 to November 2006, Mr. Pratt provided real estate investing and consulting advice. Prior to that, Mr. Pratt co-founded the Boston Financial Group, a real estate investment manager, operator, and service provider that managed billions in real estate investments, which was acquired by Lend Lease Corporation Limited, a international retail and residential property group, in 1999. Mr. Pratt served Lend Lease in several capacities including as Chief Executive Officer of Lend Lease Real Estate Investments (U.S.) from 2001 through 2003. |
Frederick Puddester |
Mr. Frederick W. Puddester is an Independent Director of Municipal Mortgage & Equity, LLC., since August 10, 2011. Beginning July 1, 2011, Mr. Puddester is the Vice President for Finance and Administration for Williams College where he is responsible for financial reporting, planning and forecasting as well as debt financing and tax compliance. From 2007 to 2011, prior to joining Williams College, Mr. Puddester served as senior associate dean for finance and administration at the Johns Hopkins University Zanvyl Krieger School of Arts and Sciences. From 2000 to 2007, Mr. Puddester served as the executive director of budget and financial planning for Johns Hopkins University. From 2000 until he joined the Company’s Board of Directors, Mr. Puddester served on the board of MuniMae TE Bond Subsidiary, LLC, a subsidiary of the Company. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Mark Joseph |
1,000,680 |
Michael Falcone |
507,115 |
Lisa Roberts |
370,433 |
Gary Mentesana |
378,453 |
Earl Cole |
-- |
Jason Antonakas |
-- |
J. Grant |
-- |
Francis Gallagher |
-- |
Douglas McGregor |
-- |
Fred Pratt |
-- |
Frederick Puddester |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Mark Joseph |
239,753 | 1,955,789 |
Michael Falcone |
105,316 | 620,717 |
Lisa Roberts |
0 | 0 |
Gary Mentesana |
51,908 | 300,080 |
Earl Cole |
0 | 0 |
Jason Antonakas |
0 | 0 |
J. Grant |
0 | 0 |
Francis Gallagher |
0 | 0 |
Douglas McGregor |
0 | 0 |
Fred Pratt |
0 | 0 |
Frederick Puddester |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
GRANT JAMES PRESTON III |
6,165 | $1.01 |
MCGREGOR DOUGLAS A |
6,165 | $1.01 |
GALLAGHER FRANCIS X JR |
6,165 | $1.01 |
PUDDESTER FREDERICK W |
6,165 | $1.01 |
FALCONE MICHAEL L |
5,000 | $0.79 |
FALCONE MICHAEL L |
2,000 | $0.67 |
FALCONE MICHAEL L |
578 | $0.63 |
FALCONE MICHAEL L |
12,026 | $0.63 |
FALCONE MICHAEL L |
12,026 | $0.63 |
FALCONE MICHAEL L |
5,000 | $0.65 |
FALCONE MICHAEL L |
200 | $0.66 |
FALCONE MICHAEL L |
5,000 | $0.71 |
FALCONE MICHAEL L |
3,100 | $0.70 |
FALCONE MICHAEL L |
1,500 | $0.65 |
FALCONE MICHAEL L |
5,000 | $0.62 |
FALCONE MICHAEL L |
1,500 | $0.64 |
GALLAGHER FRANCIS X JR |
19,704 | $0.32 |
PRATT FRED NEWELL JR |
19,704 | $0.32 |
BAUM CHARLES C |
19,704 | $0.32 |
PUDDESTER FREDERICK W |
19,704 | $0.32 |
MCGREGOR DOUGLAS A |
40,000 | $0.40 |
MCGREGOR DOUGLAS A |
19,704 | $0.32 |
MENTESANA GARY A |
100,000 | $0.35 |
MCGREGOR DOUGLAS A |
39,326 | $0.32 |
JOSEPH MARK K |
16,500 | $0.33 |

