With little more than $50,000 and a dream, Larry A. Mizel founded Mizel Development Corporation in 1972, a homebuilding company which later became MDC Holdings, Inc., parent company to Richmond American Homes. Under Larry's leadership, the organization began trading on the NYSE in 1984, grew into a nearly $5 billion business at the height of the last market cycle and is among the most respected in the homebuilding industry. His vision and strategic direction have seen the company through four housing market downturns.
Larry's philanthropic endeavors are wide-ranging. As one of the founders of the Simon Wiesenthal Center, Mr. Mizel has served as the International Chairman of the Board of Trustees since 2003. In addition, he was the founder of the Mizel Museum. Both the Simon Wiesenthal Center and the Mizel Museum promote understanding and tolerance and champion human rights. Larry has received numerous honors and recognition over the years, including being named Honorary Dean of the University of Denver's Burns School of Real Estate and Construction Management and receiving the distinguished 2001 Ellis Island Medal of Honor. Larry also serves as a life member of the Council on Foreign Relations.
David D. Mandarich
President & Chief Operating Officer
David D. 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. A skilled and experienced leader in the homebuilding industry, Mr. Mandarich provides the Board with the benefit of his judgment and his knowledge and understanding of the Company’s homebuilding business and operations.
Senior Vice President & General Counsel
Michael Touff has been guiding MDC's talented in-house legal team for more than 15 years. As the company's Senior Vice President & General Counsel, he continues to pursue his passion for his profession, practicing law on behalf of MDC.
Prior to joining MDC, Michael practiced law for 20 years with several law firms in Denver. He received his BA from Harvard, attended London's School of Economics and then earned his law degree from the University of Michigan.
John J. Heaney
Senior Vice President and Treasurer
John J. Heaney has over 40 years of experience in the homebuilding, mortgage banking and building products industries. He has served as Senior Vice President and Treasurer of MDC since 1999 and has been a Vice President since 1989. John is responsible for all of the treasury functions for MDC and its subsidiaries, and is one of the chairmen of MDC's Asset Management Committee.
In the past, John has served as President and Chief Financial Officer of MDC's mortgage banking subsidiary and has managed other finance subsidiaries of the Company. John, a native of New Jersey, began his career in New York City, relocated to Denver and has lived in Colorado for over 38 years.
John M. Stephens
Senior Vice President and Chief Financial Officer
Stephens possesses more than 20 years of experience in business, accounting and corporate finance, including 5 years in public accounting with the international accounting firm Arthur Andersen LLP and 15 years in homebuilding. Most recently, he served as Senior Vice President and Chief Financial Officer for Standard Pacific Corp., one of the country's largest publicly traded homebuilders, where he led a finance organization of more than 50 people. Stephens brings to MDC his strong financial leadership experience in finance, treasury, SEC reporting, strategic investments and accounting. He holds a bachelor's degree in business economics with an emphasis in accounting from University of California at Santa Barbara and is also a Certified Public Accountant.
Senior Vice President
Vice President - Human Resources; Chief HR Officer
Karen Gard joined MDC with more than 25 years of experience in the human resources field. Prior to her career at MDC, she held a number of senior leadership roles with large-scale companies, including USWest (Qwest), Aramark and Enron.
As a member of MDC's executive team, Karen is the driving force behind the company's approach to recruitment, employment practices and benefits policies. Her wealth of knowledge regarding compensation strategies, talent acquisition and retention, employment law and change management continues to be a major asset to the company and its employees.
Robert N. Martin
Vice President of Finance and Corporate Controller
Bob Martin first joined the MDC team in 2002 as a Financial Analyst, and has since held a number of leadership roles within the company. The Notre Dame alumnus was soon promoted to Senior Financial Analyst, and not long afterward gained the position of Director of Finance and Investor Relations. Bob played a key role in many crucial business decisions that helped MDC maintain its investment-grade status during a time of incredible stress for the industry.
Most recently, Bob's financial acumen and ever-growing experience in the homebuilding industry have earned him the title of VP of Finance and Business Development, where he continues to provide solid financial leadership as the company adapts and grows with the changing needs of the business. Bob is both a Certified Public Accountant and a CFA Charterholder.
Vice President of Information Technology
Joseph H. Fretz
Secretary and Corporate Counsel
Plans and elevations are an artist's conception only and should not be relied upon as a representation of a completed house. The actual home as constructed may or may not contain the features and layouts depicted. Floorplans, elevations, features and related information, and information concerning the pricing and availability of our homes, are subject to change without notice. "Quick Move-In", "Home Under Construction" and "Model Home For Sale" pricing may include special savings. See Sales Associate for details. Drawings shown are not to scale.