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Posts Tagged ‘new president’

Modular Manufacturer Sold to Investment Firm

February 13th, 2013 Comments off

PRNewsWire reports CoveView Capital Partners, LLC has acquired all the assets of modular builder HandCrafted Homes, LLC of Henderson, NC. Paul Jarvis, the new President of HandCrafted Homes, says, “The infusion of new capital will allow us to fund growth initiatives as the housing markets begin to recover, and is well timed for the upcoming spring selling season. We are excited to partner with an experienced investor such as CoveView to create a great organization around an already strong brand.” HandCrafted builds modular homes, apartments and commercial buildings. As MHProNews has learned separately, CoveView is a private investment firm based in Stamford, Conn., formed in 2009 by three former J.P. Morgan bankers. The selling price was not immediately available.

(Image credit: HandCrafted Homes, LLC)

MHI Appoints New President/CEO

February 16th, 2012 Comments off

In an exclusive communication from MHI, MHProNews.com has learned Richard “Dick” Jennison has been chosen to head the Manufactured Housing Institute (MHI). The former partner and Senior Vice President at Omni Solutions Group where he managed their large not-for-profit business practice, Jennison previously spent nearly eight years as president of CEO of the Brick Industry Association (BIA). At BIA he combined several regional organizations into a national advocacy group in Washington, D.C., and created a new organizational structure to address the burdensome governmental regulations that constricted the industry. He has prior experience in retail advertising and financial services. “It is a tremendous privilege to join MHI and I am honored to be selected for this great opportunity,” Jennison stated. “I am excited to work with the MHI leadership, members and staff to represent this important sector of the housing industry in Washington, D.C.” Says MHI Chiarman Joe Stegmayer, “We are pleased to welcome Dick Jennison as the new President and CEO. He brings tremendous credentials and demonstrated leadership ability at multiple associations.” Jennison will begin Feb. 21 in his new post.

(Graphic credit: MHI)