BELL ATLANTIC PROPERTIES
President and Chief Executive Officer
Sectors: B2B, Financial Services
Wholly owned investment real estate subsidiary of Fortune 10 company.
· $300MM revenue / $1.0BB assets / 60 FTE.
· Occupancy rose from 61% to 87% over four-year period
· Created/implemented performance improvement plan driving 22% cash flow CAGR
· Management led buyout exit (see above) with equity creation of ~$75 mm
Investor: Bell Atlantic Corporation (now Verizon Corp)