Decision Makers
Board of Directors
Mr. Bolton, age 51, is our President, CEO and Chairman of the Board of Directors. Mr. Bolton joined us in 1994 as Vice President of Development and was named Chief Operating Officer in February 1996 and promoted to President in December 1996. Mr. Bolton assumed the position of CEO following the planned retirement of George E. Cates in October 2001 and became Chairman of the Board in September 2002. Mr. Bolton was with Trammell Crow Company for more than five years, and prior to joining us was Executive Vice President and CFO of Trammell Crow Realty Advisors.
Simon R. C. Wadsworth has served as Chief Financial Officer and Executive Vice President as well as a Director of Mid-America Apartment Communities, Inc. since joining the company in 1994. His responsibilities include financial strategy and accounting, as well as financial planning, management information systems, risk management, external reporting, investor relations, and investment analysis.
Mr. Wadsworth ran his own distribution company in Memphis from 1982 to 1994, while being involved in the acquisition and management of several other businesses. He has prior experience in corporate planning and development with Holiday Inns Inc. and Unilever Ltd.
Mr. Wadsworth has a Bachelor of Arts from Cambridge University in economics (1968), and a Masters of Business Administration from Harvard Business School (1973). He is a native of Birmingham, England and has lived in the United States of America since 1971.
Mr. Wadsworth is active in various community activities including serving as Board President of Ballet Memphis, and treasurer of the University Club of Memphis.
Al Campbell, Executive Vice President, Treasurer and Director of Financial Planning is responsible for managing the funding requirements of the business to support corporate strategy. This includes a portfolio of over $1 billion in various debt instruments, combined with a $700 million portfolio of related hedging instruments. As Director of Financial planning, Mr. Campbell oversees acquisition and disposition underwriting and due diligence processes, as well as financial analysis supporting corporate strategy, business forecasting and budgeting, market research and portfolio planning.
An 18-year veteran of the finance industry, Mr. Campbell joined Mid America in 1998 as Vice President of Financial Planning. In 2002, Mr. Campbell began providing acquisition and disposition analysis in coordination with joint venture partners and portfolio planning for the company. He was promoted to Senior Vice President and Treasurer in 2003.
Mr. Campbell began his career in public accounting with Arthur Andersen, serving numerous large public corporations. He also served in various finance and accounting roles with Thomas & Betts Corporation (a large public electrical supplies manufacturer) prior to joining Mid America. Mr. Campbell graduated Magna Cum Laude from Mississippi State University with a Bachelors of Professional Accountancy and is a Certified Public Accountant.
Ginny Doane, MAA’s Senior Vice President of Training and Marketing, has more than 23 years experience in the apartment industry. She has in-depth experience in property redevelopment and repositioning, as well as new construction design and lease up.
Mrs. Doane has been with MAA since 1989 serving in a variety of operations management roles. She is currently responsible for the company’s marketing and training activities – as well as company-wide policy and procedure development and implementation.
Before taking on this role with MAA, Mrs. Doane was the Operations Director responsible for the company’s North, Central and Coastal Regions. She holds a RAM certification and HUD operations certification.
In 2000, Mrs. Doane won the company’s most prestigious leadership award, the Dee Reed Award for Servant Leadership.
Drew Taylor, Executive Vice President, Director of Asset Management, is responsible for Mid-America's Development Activities, Marketing and Training, Landscape Operations, Maintenance and Capital Improvements and Utilities Management Divisions. He joined MAA in April of 1994 and is a 14-year veteran of the real estate industry. Prior to his current position, Mr. Taylor was a Vice President and Division Director in property management operations overseeing a portfolio of approximately 8,950 apartment homes located in Tennessee, Kentucky, Alabama, Ohio, Virginia, North Carolina, South Carolina and Georgia. He was a Corporate Real Estate Manager for Teradata Corporation in El Segundo, CA and a Series 7 Licensed Institutional Broker for Morgan Keegan in Little Rock, AR before joining the Mid-America management team.
Mr. Taylor received his BA from Vanderbilt University, a Masters in Business Management from Trevecca Nazarene University and a Masters of Business Administration from Trevecca Nazarene University.
Tom Grimes, Executive Vice President and Director of Property Management for Mid-America Apartment Communities, Inc., oversees the company’s entire portfolio of approximately 40,000 units located in 13 states across the Sunbelt region.
Prior to this position Mr. Grimes served MAA as an Operations Director over the Central and North Regions of the company. Mr. Grimes also previously served as Director of Business Development where he worked with the company’s joint venture partners, managed the company’s new development efforts and directed the company’s ancillary income business.
Mr. Grimes joined MAA shortly after its initial public offering in 1994. He holds a BS from Emory University and an MBA from the University of Memphis. In 2006, Mr. Grimes was named one of the Top 40 under 40 National Industry Up and Comers by Multi-Family Executive Magazine.
Mr. Grimes is an active leader in the industry and community. He is on the Lease Advisory Committee for the National Apartment Association and is The Secretary for the Fogelman School of Business Alumni Association at the University of Memphis. He serves on the board of venture capital fund INNOVA, Inc. which is an accelerator/seed fund to drive the development of new bio-technology companies in the Memphis area. He also serves on the Board of the Shelby Farms Park Conservancy which is responsible for the leadership, operations and management of the largest urban park in the United States.
Alan B. Graf, Jr., is executive vice president and chief financial officer of FedEx Corporation. His responsibilities include all aspects of FedEx Corporation’s global financial functions, including financial planning, treasury, tax, accounting and controls, internal audit and corporate development. Graf is a member of the five-person Executive Committee, which is responsible for planning and executing the corporation’s strategic business activities. Before FedEx Corporation was formed in January 1998, Graf served as executive vice president and chief financial officer of FedEx Express. He joined the company in 1980 as a senior financial analyst and has held management positions throughout the Finance division. Graf was born in Evansville, Ind. He earned his bachelor’s degree and his master’s degree in business administration from the Kelley School of Business at Indiana University, where he is a member of the Academy of Alumni Fellows. He serves on the Board of Directors for NIKE Inc., Mid-America Apartment Communities Inc., and Methodist Healthcare. He is also a member of the Dean’s Advisory Council at the Kelley School of Business, is a trustee for the University of Memphis Herff Trust and serves as president of the University of Memphis Athletic Scholarship Fund.
John F. Flournoy has served as the Chairman and Chief Executive Officer since the founding of the Company in 1967. He is a graduate of the University of North Carolina Business School and is a veteran of the United States Marine Corps, in which he served as a fighter pilot. Mr. Flournoy is a past president of the United Way of the Chattahoochee Valley; he has served on the Boys and Girls Club Board for over 35 years, and has been Chairman of the Columbus Gateways Committee since 1981.
| Organization |
Position |
Status |
| Flournoy Development Co. LLC |
Chairman and Chief Executive Officer |
Current |
| Flournoy Construction Company |
Chairman and Chief Executive Officer |
Current |
| Mid America Apartment Communities Inc. |
Board of Directors |
Current |
| W.C. Bradley Co. |
Director |
Current |
| Flournoy Construction Company |
Project Manager |
Former |
| Fdc, Inc. |
|
Former |
| Flournoy Development Co. LLC |
Board of Directors |
Former |
Major General John S. Grinalds USMC (Retired), age 71, has served as a director since November 1997. Mr. Grinalds served as the president of The Citadel from 1997 until August 2005. Prior to assuming the presidency of The Citadel, Mr. Grinalds was the headmaster of Woodberry Forest School. From 1959 to 1991, Mr. Grinalds rose to the rank of Major General in the United States Marine Corps. Mr. Grinalds is also a director of Carolina First Bank and Immunoscience, Inc.
Mrs. McCormick, age 51, has served as a director since March 2006. Ms. McCormick served the Ohio Public Employees Retirement System from 1989 through 2005, most recently directing real estate investments and overseeing an internally managed REIT portfolio. From 2005 to 2006, Ms. McCormick was a strategy consultant for Hawkeye Partners, an investment management firm. Ms. McCormick has held a number of leadership positions on a variety of national and regional real estate associations. Ms. McCormick also serves as a director for EastGroup Properties, Inc.
Mr. Norwood has served as a director since August 2007. Mr. Norwood has served as the President and Chief Executive Officer of Faison Enterprises, Inc., a real estate development and investment company headquartered in Charlotte, North Carolina, since 1994. Prior to joining Faison Enterprises, Inc., Mr. Norwood held a number of positions with Trammell Crow Company including Vice Chairman of Trammell Crow Company, Chairman and CEO of Trammell Crow Realty Advisors, President and CEO of Trammell Crow Real Estate Investors, and Chairman of Trammell Crow Ventures. Mr. Norwood is a member of the Urban Land Institute, International Council of Shopping Centers and the Real Estate Roundtable. Mr. Norwood holds a Bachelor of Arts with honors from Washington & Lee University, a Masters from Duke University and a Juris Doctor cum laude from the University of Georgia School of Law.
Mr. Horn, 65, a private investor, was Chairman of the Board of First Tennessee National Corporation, a banking corporation, from January 1996 until December 2003. He was a director of that company from July 1991 to December 2003 and was its Chief Executive Officer from April 1994 to July 2002, its President from July 1991 to July 2002, and its Chief Operating Officer from 1991 to 1994. He is also a director of Gaylord Entertainment Company, a hospitality and entertainment company, and Mid-America Apartment Communities, Inc., an umbrella partnership real estate investment trust. He has been a director of the Company since July 1995. He is a member of the Human Resources and Nominating/Corporate Governance Committees of the Board.
| Organization |
Position |
Status |
| Harrah's Entertainment, Inc. |
Committee Member |
Current |
| Harrah's Entertainment, Inc. |
Board of Directors |
Current |
| Mid America Apartment Communities Inc. |
Board of Directors |
Current |
| First Horizon National Corporation |
Chief Executive Officer |
Former |
William B. Sansom is a director since November 2006, Mr. Sansom is the Chairman of the Board of Directors, Chief Executive Officer and President of the H.T. Hackney Co. From 1979 to 1981, Mr. Sansom served as the Tennessee Commissioner of Transportation, and from 1981 to 1983 as the Tennessee Commissioner of Finance and Administration. In 2006, Mr. Sansom was named the Chairman of the Board of the Tennessee Valley Authority.
Mr. Sansom also serves as a director for Astec Industries, Inc. and First Horizon National Corporation.
Executive News
-
Mid-America Apartment Communities Announces Date of Second Quarter Earnings Release,...
Reuters - 7/01/09 - View Story
-
Mid-America Apartment Communities Announces Date of Second Quarter Earnings Release, Conference Call
PR Newswire via Yahoo! - 7/01/09 - View Story
-
Mid-America Apartment Communities Establishes $250 MM Acquisition Fund
Reuters - 6/29/09 - View Story
-
Mid-America Apartment Communities Establishes $250 MM Acquisition Fund
PR Newswire - 6/29/09 - View Story
-
Mid-America launches fund for acquisitions
Memphis Business Journal - 6/29/09 - View Story