Michael provides strategic financial planning and oversight for Landmark Companies and its affiliates, specifically in terms of annual operating budget preparation for Landmark’s main operating entities (Development, Brokerage, and Construction); development project budget review, financial forecasts, and investor communications; and overseeing the day-to-day finances of Landmark and its growing number of affiliates (currently greater than 30).
Prior to being named CFO, Michael was the Controller for Landmark Companies for four years. Michael brings five years of public accounting experience to Landmark. While obtaining his Bachelor’s Degree at AIB College of business, he was employed by a local, West Des Moines CPA firm where he spent his early years as an Accounting Associate providing compilation and day-to-day accounting services to a wide variety of clients. The services provided, and clients and industries Michael worked with, varied in several respects – a very helpful precursor to the number and types of projects and clients Michael now works with across the industries covered by Landmark Companies and its affiliates. After sitting for and passing the CPA exam, Michael transitioned to the tax and audit department as a Staff Accountant.
Michael has been directly involved in securing financing for nearly 30 phases of 15 various projects, ranging from simple land purchases and long-term land hold note refinancing, to commercial construction and land development loans, to business start-up and operating financing. In securing roughly $70 million of bank financing over the past four years, Michael has fostered relationships with numerous local banks and bankers that we believe allows Landmark to offer clients attractive loan terms for their specific projects. Michael has been indirectly involved in securing an additional $30 million of bank financing for projects where Landmark Development has acted as a consultant for numerous landowners, covering more than 20 phases over a handful of various projects.
Michael brings a vast knowledge of the construction industry to his job as CFO, helping to understand more than “just the numbers” on both construction and development projects. The son of a small town residential contractor, Michael has been around residential construction for as long as he can remember, helping him understand the process and teamwork required to make projects come to fruition.
Michael is a past member of the American Institute of Certified Public Accountants and Iowa Society of Certified Public Accountants. Michael resides in Johnston, with his wife and four young children (and two dogs).