Park brady st joe company biography
Park Brady, St. Joe's Chief
Brady, former CEO of vacation rental company ResortQuest, joined St. Joe as chief operating officer in March and had been performing the functions of CEO since June. The management shakeup came after fund manager Bruce Berkowitz, who controls 29 percent of St. Joe’s stock, threatened a proxy fight and gained control of the board of directors.By prepaying the debt, the In March 2011, Bruce Berkowitz took control of the company becoming Chairman and brought in Park Brady (formerly of Leucadia National), eventually elevating him to CEO. After Berkowitz came aboard, St. Joe took a large write down on the improvements and capital expenditures previous management made to their real estate of $375 million.
Park Brady, CEO for The The St. Joe Company (NYSE: JOE) has appointed veteran real estate executive Park Brady to be its chief operating officer. Brady will report to the executive committee of the company’s board of directors, which includes Chairman Bruce Berkowitz and Interim CEO Hugh Durden.
Experience: Self-employed · Education: University Brady, former CEO of vacation rental company ResortQuest, joined St. Joe as chief operating officer in March and had been performing the functions of CEO since June. The management shakeup came after fund manager Bruce Berkowitz, who controls 29 percent of St. Joe’s stock, threatened a proxy fight and gained control of the board of directors.