Bill Mason Named Vice President of Asset Management for the Commercial & Industrial Division of St. Joe.JACKSONVILLE, Fla.--(BUSINESS WIRE)--June 11, 1998--David D. Fitch, Senior Vice President and General Manager of the Commercial & Industrial Division of The St. Joe Company The St. Joe Company (NYSE: JOE)is a land development company and Florida's largest private landowner, owning about 805,000 acres (0 km) in the state [1]. (NYSE NYSE See: New York Stock Exchange :SJP SJP Sarah Jessica Parker (actress) SJP Students for Justice in Palestine SJP St. John's Preparatory School SJP Society of Japanese Pharmacopoeia SJP Singapore Justice Party SJP Saint Joseph's Preparatory School ), announced today that William L. Mason, a veteran asset and property management executive, has been named the Commercial & Industrial Division's Vice President of Asset Management. Mason has over 20 years' experience in managing commercial real estate and will oversee the asset and property management of all St. Joe operating properties, which includes the commercial and industrial properties of Gran Central Corporation. Gran Central is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Florida East Coast Industries (NYSE:FLA), in which St. Joe has a 54 percent equity interest. "St. Joe continues to build an unprecedented team to take advantage of our land holdings and financial strength, as well as bring innovative ideas to the world of commercial/industrial real estate," said Fitch. "Bill shares our vision, and his extensive experience will enable us to carry out this strategy and assist in producing value from these assets." Mason came to St. Joe from Paragon/Insignia Financial Group of Washington, D.C., where he was Vice President of the Mid-Atlantic Region. Before joining Paragon/Insignia in 1992, he served as regional marketing director for Homart Development Company for four years. From 1981-1988, he gained vast real estate development and management experience in Dallas, Tex., with Cadillac Fairview Urban Development. Mason, a native of Hinesville, Ga., acquired his bachelor of arts degree in public administration from the University of Georgia Organization The President of the University of Georgia (as of 2007, Michael F. Adams) is the head administrator and is appointed and overseen by the Georgia Board of Regents. at Athens. He earned his masters degree in city planning and urban development from Georgia Institute of Technology Georgia Institute of Technology, in Atlanta, Ga.; coeducational; state supported; chartered 1885, opened 1888. It is a member school in the university system of Georgia. Significant among its facilities and programs are the Frank H. , and continued his post-graduate study in London, England, at the Architectural Association School of Architecture The Architectural Association School of Architecture (more usually known as the AA or AA School of Architecture) is one of the leading architectural schools in the UK. Its wide-ranging programme of exhibitions, lectures, symposia and publications have given it a central position in . He and his wife, Jan, have two children. St. Joe, a publicly held company based in Jacksonville, is Florida's largest private land owner and is engaged in commercial/industrial, master-planned communities, resort and location-based entertainment development. The company also has interests in timber and transportation. CONTACT: St. Joe Company, Jacksonville Jerry M. Ray, 904/858-2707 |
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