MIKE DAVENPORT
DIVISION PRESIDENT / VICE PRESIDENT
Startups / Turnarounds / P&L / Sales & Marketing Multi-Site Operations / Fundraising Project Management / Growth Strategies / Cost Control Real Estate Investment and Development
Blend operations and business expertise with marketing know-how to drive growth for startups and Fortune 500 industry leaders. Consistently identify and capitalize on new opportunities that increase profitability, improve operations, and control costs. Manage multi-site operations and budgets in excess of $75M annually.
*-Started consulting and brokering firm, The Gibraltar Co., targeting senior living industry. *-Turned around division for Toll Brothers within twelve months. *-Took over $6M division at Toll Brothers and grew to $38M in annual revenues. *-Generated 110 pre-sale contracts with 20% earnest money, realizing $50M+ in backlog for Toll Bros.
Key Skills: Leading teams to achieve goals that result in strong sales, excellent customer satisfaction and profits. Developing new projects and opening new markets. Crafting and implementing aggressive marketing plans. Forming strategic partnerships and deal-making with vendors, contractors and government agencies.
SELECTED ACCOMPLISHMENTS
Started consulting and brokering firm, The Gibraltar Co., targeting senior living industry. Targeted the continuing care sector with emphasis on the independent, assisted and memory care components. Investigated private investors looking for strong margin real estate development opportunities. Assembled research into a professional investor presentation and gathered prime locations.
Turned around division for Toll Brothers within twelve months. The division was deep in the red after its failure to open a new market. Completely restructured division. Replaced staff, renegotiated contracts, implemented new procedures and replaced 80% of the contractors and vendors. Improved production and quality. Launched a targeted PR campaign to restart sales and implemented a strategy to enhance customer satisfaction.
Took over $6M division at Toll Brothers and grew to $38M in annual revenues. Entered market where two companies controlled 60% of the market share with the balance split among several well-established companies. Built a sales and production team. Acquired strategic land positions and created communities with superior amenities not found in the market. Established each community as its own profit center and outsold competitors, exceeding their reported profit margins by 3% while growing the division almost 50% annually.
Generated 110 pre-sale contracts with 20% earnest money, realizing over $50M in backlog for Toll Brothers. The Chicagoland market was slowing, competition was intense and there was an over abundance of product on the market. Recruited experienced local sales consultants and put together a team of smart and entrepreneurial project managers. Conducted weekly trainings and kept goals and accountability in sight. Emphasized direct marketing, Internet, e-mail, phone-a-thons, seminars, off road site visits, and well designed temporary sales offices.
CAREER HISTORY
President, The Gibraltar Company, 2007 to present. Started up real estate development company targeting new investments and the senior living industry. Purchased and redeveloped downtown mixed-use retail and residential properties, turning them into attractive acquisitions and negotiated sale to investor. Perform consulting work for investors on RFP projects and cultivate senior living development opportunities.
Division President & Vice President, Toll Brothers, 2000 to 2007. Held P&L responsibility for $75M while managing 90 people for this $6B residential development and home building company. Direct land acquisition, government approvals, land planning, infrastructure planning and development, financial performance, product development, recruiting, marketing, merchandising, sales, construction, QC, budgets, and asset management.
General Manager, Key Homes, 1997 to 2000. Recruited to lead business expansion and land acquisition enabling company-development of home sites. Held P&L responsibility while directing all facets of land acquisition, entitlements, product development, and sales/marketing.
Early Career: Operations Manager/Project Manager, RA Davenport & Associates and Production Manager, Edwards Development Company.
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