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Centex Rooney Construction Co., Inc. Announces Promotions to Financial Services.


Business Editors/Real Estate Writers

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--June 19, 2003

Raymond C. Southern, Chief Executive Officer of Centex Rooney Construction Company, Inc., is pleased to announce the promotions Doug Simms to Chief Financial Officer, Andrew Colb to Controller and Mary Mallard to Assistant Controller in the company's corporate Financial Services Department.

Mr. Simms received his Business Administration degree in Accounting from the University of Texas at El Paso The University of Texas at El Paso, popularly known as UTEP, is a public, coeducational university, and it is a member of the University of Texas System. The school is located on the northern bank of the Rio Grande, in El Paso, Texas, and is the largest university in the . He joined the Centex organization in 1998 as Controller and was promoted to Vice President in 2000. He has over 17 years of experience in the financial industry. Doug's responsibilities as Chief Financial Officer will encompass all company financial aspects including financial reporting, annual budgeting, owner financing, risk management, insurance and loss control, as well as contract review and project accounting training.

Mr. Colb, a certified Public Accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
, is a graduate of Florida Atlantic University “FAU” redirects here. For other uses, see FAU (disambiguation).
Florida Atlantic University, also referred to as FAU or Florida Atlantic, is a public, coeducational research university with its main campus in Boca Raton, Florida, United States.
, with a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 degree in Accounting and Finance. He also completed courses in the Advanced Certificate Program in Accountancy at Florida International University Florida International University, primarily at University Park, Miami; coeducational; chartered 1965, opened 1972. A research university, it has 18 colleges and schools and many specialized centers and institutes, including those in biomedical engineering, database . He has over 15 years of accounting and finance experience. Mr. Colb joined Centex Rooney in 1997 as a Senior Financial Analyst and was promoted to Assistant Controller in

2000. With this promotion to Controller, his responsibilities will expand to include management of the Company's accounting functions.

Mrs. Mallard joined Centex Rooney in February 2000 as a Staff Accountant. Promoted to Senior Financial analyst in 2001, she received her degree in Business Administration in accounting from Florida Atlantic University. Mary began her career providing financial services in the construction industry 15 years ago. With this promotion to Assistant Controller, her responsibilities will expand to include financial reporting, job costing and general ledger, as well as staff management and development.

"The restructuring of the Financial Services Department will provide Centex Rooney with the proper level of management and talent to meet the challenges ahead. These accounting professionals, properly positioned, will address the growth issues that we expect to face in the future," said Mr. Southern, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. .

Centex Rooney, Florida's largest general contractor and construction manager, is a subsidiary of Centex Construction Group, a division of Centex Corporation (NYSE NYSE

See: New York Stock Exchange
:CTX CTX Context (Management; Tandem)
CTX Centex Corporation (stock symbol)
CTX Centrex
CTX Cyclophosphamide
CTX Corporate Trade Exchange
CTX Cytoxan
CTX Cholera Toxin
CTX Clinical Trial Exemption
). Dallas-based Centex ranks as one of America's largest home builders and non-bank-affiliated retail mortgage originators. Centex also has operations in home services, financial services and investment real estate, and owns a majority interest in a publicly held construction products company. Centex ranks No. 1 for the third consecutive year on FORTUNE(R) magazine's list of "America's Most Admired Companies A yearly publication by Fortune Magazine, America's Most Admired Companies consists of corporations that are highly esteemed by the likes of Business Executives, Directors, and Analysts. A survey is taken of close to 3300 professionals who give their opinions on the companies. " in the engineering and construction category.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 19, 2003
Words:424
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