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Meritex
MANAGEMENT TEAM

The management team at Meritex is made up of the following executives:

Harry (Paddy) McNeely - Chairman & CEO

  • Experience:
    - Over 24 years experience in real estate and finance
    - Chairman & CEO - Meritex Enterprises
    - Vice President - National City Bank of Minneapolis
  • Professional Affiliations:
    - Member: NAIOP
  • Accomplishments / Accreditation:
    - Initiated restructuring of Meritex’ real estate portfolio and operations
    - Formerly Chief Administrative Officer and Manager of various company properties

Thomas Hotovec - Chief Financial Officer

  • Experience:
    - Over 14 years experience in accounting, finance and capital markets
    - Chief Financial Officer - Meritex Enterprises
    - Vice President Accounting/Finance - General Growth Properties
  • Professional Affiliations:
    - Member: Institute of Management Accountants
    - NAIOP
    - NAIOP Capital Market III Forum
    - Association for Corporate Growth
  • Accomplishments / Accreditation:
    - Completed acquisitions of companies, portfolios and properties totaling over $5 billion
    - Executed several billion dollars of debt and equity financing
    - Certified Public Accountant, and Certified Management Accountant

Dan Williams - Chief Investment Officer

  • Experience:
    - Over 25 years real estate experience in asset management, property acquisitions / dispositions, construction management, and facilities planning
    - Chief Investment Officer - Meritex Enterprises
    - Vice President - Meritex Enterprises
    - Construction Manager - Honeywell
    - Facilities Planner - Rockwell International
  • Professional Affiliations:
    - Member: NAIOP, BOMA
  • Accomplishments / Accreditation:
    - Coordinated the acquisition / disposition of over $200 million in real estate
    - Directed successful management and leasing of real estate portfolio exceeding 10 million square feet valued over $300 million
    - Oversaw construction management and facilities planning of 5 million square feet

Arvid Povilaitis - Chief Operating Officer

  • Experience:
    - Over 23 years of commercial real estate experience in property management and accounting
    - Chief Operating Officer - Meritex Enterprises
    - Sr. Vice President - Equity Office Properties Trust
  • Professional Affiliations:
    - Member: BOMA
  • Accomplishments / Accreditation’s:
    - Successfully managed 280% growth of regional portfolio over 7 years
    - Lead major restructuring of management offices for greater operational efficiencies
    - Certified Public Accountant
OWNERSHIP
  • Private company founded in 1916
  • Third generation active in management
  • Ownership passing to fourth generation
GOVERNANCE
  • The majority of board members are independent
  • Board focus on fiduciary governance and strategic practice
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