BNET Industries

Market Cap:$80.3M
Last Fiscal Year Sales:$691.4M
  • Public
  • US
Dow Jones Description

Bluegreen Corporation (NYSE:BXG) is a leading provider of Colorful Places to Live and Play through two principal operating divisions. With over 185,000 owners, Bluegreen Resorts markets a flexible, real-estate based vacation ownership plan that provides access to more than 40 resorts and an exchange network of over 3,700 resorts and other vacation experiences such as cruises and hotel stays. Bluegreen Communities has sold more than 55,000 planned residential and golf community homesites in 32 states since 1985. Founded in 1966, Bluegreen is headquartered in Boca Raton, Fla. In 2005, Bluegreen ranked No. 57 on Forbes' list of The 200 Best Small Companies and No. 48 on FORTUNE?S list of America's 100 Fastest Growing Companies.

Senior Vice President, President and Chief Executive Officer of Bluegreen Communities
Daniel C. Koscher
Number of Employees 3,369
Contact Information

4960 Conference Way North

Suite 100

Boca Raton, Florida 33431

www.bluegreenco...

(561) 912-8000

NAICS Code Other Activities Related to Real Estate: 531390

Recent Events

  • BFC Financial purchases Bluegreen common shares

    11/19/09 - Merger / Acquisition - View Story

  • Tentative Q3 2009 BFC Financial Corp Earnings Release - ESTIMATED

    11/16/09 - Licensing / Contract - View Story

  • Bluegreen earnings dip

    11/09/09 - Financial Announcement - View Story

  • Innseason Resorts South Mountain Reaches Agreement With Bluegreen Corporation

    8/28/09 - Joint Venture / Alliance - View Story

  • Bluegreen Corp. Q2 income doubles

    8/07/09 - Financial Announcement - View Story

News & Analysis

bluegreen corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Daniel C. Koscher Senior Vice President, President and Chief Executive Officer of Bluegreen Communities
John M. Maloney President and Chief Executive Officer
Anthony M. Puleo Senior Vice President, Chief Financial Officer and Treasurer
Raymond S. Lopez Chief Accounting Officer & Vice President
Sheila B. Donahoe Senior Vice President and Chief Information Officer
Susan J. Saturday Senior Vice President and Chief Human Resources Officer
David A. Bidgood Senior Vice President and Executive Vice President of Sales & Marketing, Bluegreen Resorts
Allan J. Herz Senior Vice President, Mortgage Operations and Assistant Treasurer
David L. Pontius Senior Vice President and President of Bluegreen Resorts
James R. Martin Senior Vice President, General Counsel and Clerk
Lani M. Liber Senior Vice President, Owner Relations

Board of Directors

Name (plus bio) Position
Alan B. Levan Chairman
Arnold Sevell Board of Directors
J Larry Rutherford Board of Directors
John E. Abdo Vice Chairman
John Laguardia Board of Directors
Joseph C. Abeles Board of Directors
Lawrence Cirillo Board of Directors
Mark A. Nerenhausen Board of Directors
Norman H Becker Board of Directors
Robert F. Dwors Board of Directors
Scott W. Holloway Board of Directors

Daniel C. Koscher Senior Vice President, President and Chief Executive Officer of Bluegreen Communities Daniel C. Koscher joined Bluegreen in 1986. During his tenure, he has served in various financial management positions including Chief Accounting Officer and Vice President and Director of Planning/Budgeting. In 1996, he became Senior Vice President and President, Bluegreen Communities. In 2005 he was appointed Senior Vice President, and President and Chief Executive Officer, Bluegreen Communities. Prior to his employment with Bluegreen, Mr. Koscher was employed by the William Carter Company, a manufacturing company located in Needham, Massachusetts. He has also been employed by Cipher Data Products, Inc., a computer peripheral manufacturer located in San Diego, California, as well as the State of Nevada as an audit agent. Mr. Koscher holds an M.B.A. along with a B.B.A. in Accounting and is a Registered Resort Professional.

Organization Position Status
Bluegreen Corporation Senior Vice President, President and Chief Executive Officer of Bluegreen Communities Current
Bluegreen Corporation President, Bluegreen Communities Former
Bluegreen Corporation Chief Accounting Officer Former
Bluegreen Corporation Vice President Former
Bluegreen Corporation Director of Planning, Budgeting Former

Organization Position Status
Bluegreen Corporation President and Chief Executive Officer Current
Bluegreen Corporation Chief Executive Officer Former
Bluegreen Corporation Chief Operating Officer Former
Bluegreen Corporation Executive Vice President Former
Owners Club, Ltd. Senior Vice President of Sales Former
Hilton Grand Vacations Company Director of Sales and Marketing Former
Bluegreen Corporation Director Former

Anthony M. Puleo Senior Vice President, Chief Financial Officer and Treasurer Anthony M. Puleo joined Bluegreen in 1997 as Chief Accounting Officer. In 1998, Mr. Puleo was elected Vice President, and he was elected Senior Vice President in 2004. In 2005 Mr. Puleo was also appointed Interim Chief Financial Officer and subsequently Chief Financial Officer and Treasurer. From December 1990 through October 1997, Mr. Puleo held various positions with Ernst & Young LLP, most recently serving as a Senior Manager in the Assurance and Advisory Business Services group. Mr. Puleo holds a B.B.A. in Accounting.

Organization Position Status
Bluegreen Corporation Senior Vice President, Chief Financial Officer and Treasurer Current
Bluegreen Corporation Board of Directors Current

Raymond S. Lopez Senior Vice President, Chief Accounting Officer Raymond S. Lopez joined Bluegreen in 2004 as Controller. In 2005 he was appointed Vice President and Chief Accounting Officer. In 2008 Mr. Lopez was appointed Senior Vice President and Chief Accounting Officer. Prior to joining Bluegreen, Mr. Lopez served as Manager of External Reporting for Office Depot, Inc. and as a Senior Auditor with Arthur Andersen LLP, respectively. Mr. Lopez is a Certified Public Accountant and holds a B.S. in Accounting.

Organization Position Status
Bluegreen Corporation Chief Accounting Officer & Vice President Current
Office Depot, Inc. Manager of External Reporting Former
Bluegreen Corporation Controller Former
Arthur Andersen LLP Senior Auditor Former

Organization Position Status
Bluegreen Corporation Senior Vice President and Chief Information Officer Current
Martha Stewart Living Omnimedia, Inc. Chief Information Officer Former
Martha Stewart Living Omnimedia, Inc. Senior Vice President Former
AutoNation, Inc. Vice President of Information Technology Former

Susan J. Saturday Senior Vice President, Chief Human Resources Officer Susan J. Saturday joined Bluegreen in 1988. During her tenure, she has held various management positions including Assistant to the Chief Financial Officer, Divisional Controller and Director of Accounting. In 1995, she was elected Vice President and Director of Human Resources and Administration. In 2004, Mrs. Saturday was elected Senior Vice President and Chief Human Resources Officer. From 1983 to 1988, Mrs. Saturday was employed by General Electric Company in various financial management positions including the corporate audit staff. Mrs. Saturday holds a Masters of Science in Human Resource Management and a B.B.A. in Accounting.

Organization Position Status
Bluegreen Corporation Senior Vice President and Chief Human Resources Officer Current

David A. Bidgood President of Bluegreen Resorts Field Sales & Marketing David A. Bidgood joined Bluegreen in 1997 as Vice President of Bluegreen Resorts’ Sales and Marketing upon the company’s acquisition of RDI Group where he was a partner and employed since 1985. In 2001 Mr. Bidgood was promoted to Senior Vice President, National Sales and Marketing, Bluegreen Resorts. In 2008 he was promoted to Senior Vice President and Executive Vice President of Sales and Marketing, Bluegreen Resorts. In this position, he managed over 4,000 sales and marketing professionals, 29 sales operations and 15 marketing regions. In 2009, Bluegreen transformed the sales and marketing operation into a major division of the company and David was named President of Bluegreen Field Sales and Marketing.

Organization Position Status
Bluegreen Corporation Senior Vice President and Executive Vice President of Sales & Marketing, Bluegreen Resorts Current

Allan J. Herz joined Bluegreen in 1992 and was named Director of Mortgage Operations in September 1992. Mr. Herz was elected Vice President in 1993 and Senior Vice President in 2004. From 1982 to 1992, Mr. Herz worked for AmeriFirst Federal Savings Bank based in Miami, Florida. During his 10-year tenure with the bank, he held various lending positions, the most recent being Division Vice President in Consumer Lending. Mr. Herz holds a B.B.A. and an M.B.A.

Organization Position Status
Bluegreen Corporation Senior Vice President, Mortgage Operations and Assistant Treasurer Current
Bluegreen Corporation Director of Mortgage Operations Former

David L. Pontius President of Bluegreen Management Services Dave L. Pontius joined Bluegreen in 2007 as Senior Vice President and President, Bluegreen Resorts, and was promoted to President of Bluegreen Management Services in 2009 when Bluegreen transformed the resort and resort management operation into a major revenue-driven operation of the company. Mr. Pontius has 27 years of experience in the vacation ownership industry, including extensive experience in sales, marketing, product development and finance. From 2002-2007, Mr. Pontius worked at Wyndham Vacation Ownership, Inc. and its sister company RCI Global Vacation Network (RCI). From 2006-2007, he served as Executive Vice President, Hospitality, Strategic Planning and Chief Customer Officer at Wyndham Vacation Ownership. In this capacity, he authored and directed various initiatives aimed at improving customer service and satisfaction, and held responsibility for every facet of the Hospitality Division including resort operations and service delivery to more than 800,000 owners. Additionally, he led the company’s overall strategic planning activities, new program initiatives and the development of a fractional product for the luxury segment. From 2002-2006, Mr. Pontius served as President and CEO of RCI North America where he oversaw the region's business-to-business and business-to-consumer operations. From 1996-2002, Mr. Pontius served in positions of increasing responsibilities at Hilton Grand Vacations where he finished as Senior Vice President of Operations. From 1992-1996, Mr. Pontius served as Chief Operating Officer of Vacation Internationale, one of the pioneer companies in timesharing and points-based clubs.

Organization Position Status
Bluegreen Corporation Senior Vice President and President of Bluegreen Resorts Current

James R. Martin joined Bluegreen in 2004 as Senior Vice President, General Counsel and Clerk. During 1973 Mr. Martin was an associate in the law firm of Brundage & Yates in Denver, Colorado. From 1974 to 1976 Mr. Martin served as an Assistant Attorney General for the State of Colorado. From 1978 to 1983, he held positions as Vice President and General Counsel, and as President and Chief Operating Officer of Butterwick Enterprises, Ltd., a timeshare resort developer and operator in Denver. From 1983 to 1985, Mr. Martin served as Counsel to the law firm of Schmidt, Elrod & Wills in Denver where he was involved in real estate and timeshare law. From 1985 to 2004, Mr. Martin was a Partner in the law firm of Baker & Hostetler LLP in Denver where he was a member of the firm's Hospitality Industry Team. Mr. Martin holds a Bachelor of Arts degree in history from Denison University in Granville, Ohio and a Juris Doctorate degree from the University of Denver College of Law.

Organization Position Status
Bluegreen Corporation Senior Vice President, General Counsel and Clerk Current
Baker & Hostetler LLP Partner Former
University of Denver Doctorate degree Former
University of Denver Sturm College of Law Juris Doctorate Former
Denison University Bachelor of Arts Former

Organization Position Status
Bluegreen Corporation Senior Vice President, Owner Relations Current
Sunterra Corporation Director Former

Organization Position Status
Woodbridge Holdings Corporation Chairman and Chief Executive Officer Current
Bankatlantic Bancorp, Inc. CEO Current
Bluegreen Corporation Chairman Current
Bankatlantic Bancorp, Inc. Chairman of The Board Current
BFC Financial Corporation Chairman, President & CEO Former
BFC Financial Corporation Chairman, President & CEO Former
Woodbridge Holdings Corporation CEO Former
Bankatlantic Bancorp, Inc. President Former
Woodbridge Holdings Corporation President Former
Bankatlantic Bancorp, Inc. Officer Former
Woodbridge Holdings Corporation Board of Directors Former
Bluegreen Corporation Board of Directors Former
Tulane University Bachelor's degree Former
Nova Southeastern University member Former

Organization Position Status
Sevell Realty Partners, Inc. President Current
Sevell Realty Partners, Inc. Licensed Real Estate Broker Current
Bluegreen Corporation Board of Directors Current

Organization Position Status
Southstar Development Partners, Inc Chief Executive Officer Current
Southstar Development Partners, Inc President Current
Bluegreen Corporation Board of Directors Current
South Star Founder Former
University of Virginia M.B.A. Former
Virginia Military Institute B.S. Degree In Civil Engineering Former

John E. Abdo has been the Vice Chairman of Woodbridge Holdings Corporation and its predecessors since its inception and of BFC Financial Corporation since 1993, while serving as a BFC board member since 1988. He has been the Vice Chairman of the Board of Directors and Chairman of the Executive Committee of BankAtlantic Bancorp, Inc. since 1987. He is also Vice Chairman of the Board of Directors of Bluegreen Corporation, and a member of the Board of Directors of Benihana, Inc. A successful real estate investor and developer in his own right, Mr. Abdo has made a career of developing residential communities as well as commercial structures throughout South Florida for more than 25 years. His company has built over 5,000 residences, which for a time made it one of the largest residential builders in Florida’s Broward County. Mr. Abdo has a wide range of contacts and experience in diverse industries. Mr. Abdo is the President of the Broward Performing Arts Foundation, a $60 million theater for the Performing Arts that serves all of South Florida and a member of the Board of Directors of PACA (Performing Arts Authority). He is a graduate of Florida State University.

Organization Position Status
Woodbridge Holdings Corporation Vice Chairman Current
BFC Financial Corporation Vice Chairman Current
Woodbridge Holdings Corporation Vice Chairman Current
Bluegreen Corporation Vice Chairman Current
Benihana Inc. Board of Directors Current
Paca, Inc. Board of Directors Current
Benihana Inc. Co-Chairman, Vice Chairman Current
Bankatlantic Bancorp, Inc. Vice Chairman Current
Performing Arts Limited President Former
Woodbridge Holdings Corporation President Former
Woodbridge Holdings Corporation Director Former
Bluegreen Corporation Board of Directors Former
Bankatlantic Vice Chairman Former
Bankatlantic Bancorp, Inc. Director Former
Florida State University Former
Benihana Inc. member Former

John Laguardia became a Director in 2000. In 2005, Mr. Laguardia became Senior Vice President, Levitt Corporation. During the period 2004 to 2005, he was appointed Chairman and Chief Executive Officer of Bowden Building Corporation. From 1999 - 2004, he served as President and Chief Operating Officer of ALH II, Inc., a holding company involved in the roll-up of regional homebuilders located in the southeastern United States. From 1997 through 1999, Mr. Laguardia served as the Executive Vice President and Chief Operating Officer of Atlantic Gulf Communities, Inc. Mr. Laguardia was the President and Chief Executive Officer for American Heritage Homes from 1994 to 1997.

Organization Position Status
Woodbridge Holdings Corporation Senior Vice President, Corp Acq Current
Bluegreen Corporation Board of Directors Current
Bowden Building Corp. Chief Executive Officer Former
Bowden Building Corp. Chairman Former

Joseph C. Abeles a private investor, served as a Director from 1987 through 2000. Mr. Abeles currently holds the honorary title of Director Emeritus and has no voting power on our Board of Directors.

Organization Position Status
Bluegreen Corporation Board of Directors Current

Lawrence A. Cirillo became a Director in October 2003. Mr. Cirillo was Principal Partner and President of Atlantic Chartering, an oil tanker brokerage company, from 1979 until Atlantic Chartering merged with Seabrokers, Inc., a subsidiary of Clarkson, Ltd. Mr. Cirillo served as a Vice President of Seabrokers, Inc. until 2000. From 2000 to present, Mr. Cirillo has served as a tanker broker with Southport Maritime, Inc.

Organization Position Status
Bluegreen Corporation Board of Directors Current

Organization Position Status
Broward Center for The Performing Arts Chief Executive Officer Current
Bluegreen Corporation Board of Directors Current
Broward Center for The Performing Arts President Former
Florida Atlantic University Adjunct Professor Former
Florida Atlantic University Graduate Former

Organization Position Status
Ram Venture Holdings Corp President Current
Proguard Acquisition Corp Officer Current
Benihana Inc. Chairman Current
Bluegreen Corporation Board of Directors Current
Ram Venture Holdings Corp Director Current
Benihana Inc. Director Current
Touche Ross & Co. Partner Former
Ram Venture Holdings Corp Officer Former

Organization Position Status
AutoNation, Inc. Senior Vice President of Corporate Real Estate Services Current
Bluegreen Corporation Board of Directors Current

Scott Holloway has been engaged in the real estate finance industry in South Florida since 1977 when he became President of the Barnett Bank in Fort Lauderdale. In 1986, Holloway established Hampton Financial Group, Inc. In 1997, he became the exclusive Mortgage Market Advisor for Prudential Life Insurance Company and was responsible for originating all of Prudential's commercial and multifamily loans in South Florida. In 2000, he and ten other principals founded iCAP Realty Advisors which grew to be the sixth largest financial intermediary for commercial mortgage originators in the United States. In February, 2005, Holloway as a founding principal of US Realty Capital established this national company with his associates. Over the years, Holloway has generated more than $1 billion in loans while actively participating in professional and community activities including the Mortgage Bankers Association, International Council of Shopping Centers and the National Association of Industrial and Office Parks. Holloway has served as an elected public official and as a director for various civic and philanthropic endeavors throughout South Florida. He is also a director of Bluegreen Corporation (BXG NYSE). Educated at the University of Florida (degree in Business with major in Management), Holloway earned his Master in Business Administration degree from the University of North Florida with a concentration in Finance. He also completed the Graduate School of Credit and Financial Management at Dartmouth. In addition, Holloway is a licensed real estate salesman and a mortgage broker.

Organization Position Status
US Realty Capital, LLC Principal Current
Philadelphia Private Capital, LLC Principal Current
Bluegreen Corporation Board of Directors Current
Realty Advisors, Inc. Founder Former
Icap Realty Advisors, LLC Principal Former

Executive News

  • BankAtlantic prices stock offering at $2 a share

    South Florida Business Journal - 8/21/09 - View Story

  • BFC Financial Q2 losses widen

    South Florida Business Journal - 8/11/09 - View Story

  • BankAtlantic looking to raise $100M

    Biz Journals - 8/10/09 - View Story

  • BankAtlantic Bancorp, Inc. Announces Proposed Rights Offering

    Forbes.com - 8/10/09 - View Story

  • BankAtlantic Bancorp, Inc. Announces Proposed Rights Offering

    Business Wire - 8/10/09 - View Story

  • Bluegreen Corp. Q2 income doubles

    Biz Journals - 8/07/09 - View Story

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     BXG $2.47 -0.05 (-1.98% )
Average Volume 74,502
Shares Outstanding 32.55M
Market Cap 80.4M
Year High 3.99
Year Low 0.6
Earnings Per Share 0.07
P/E Ratio 35.29
Dividend N/A
Yield N/A
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