Mike Craft
Chief Executive Officer at The Village At Germantown- Claim this Profile
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Bio
Experience
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The Village At Germantown
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United States
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Hospitals and Health Care
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1 - 100 Employee
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Chief Executive Officer
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Jan 2019 - Present
Germantown, TN The Village at Germantown is an upscale Continuing Care Retirement Community. The Village offers independent living in both stand-alone villas and apartments and a Healthcare Center. The Healthcare Center provide assisted living facilities, a memory care facility and a skilled nursing facility which provides both long-term care and shorter-term rehabilitation services. The Village is well known for its outstanding facilities, service, dining and activities.
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Chief Financial Officer
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Aug 2018 - Dec 2018
Germantown, Tennessee The Village at Germantown is an upscale Continuing Care Retirement Community. The Village offers independent living in both stand-alone villas and apartments and a Healthcare Center. The Healthcare Center provides,assisted living facilities, a memory care facility and a skilled nursing facility which provides both long-term care and shorter-term rehabilitation services. The Village is well known for its outstanding facilities, service, dining and activities.
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Chief Financial Officer
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May 2015 - Aug 2018
Privately-held mechanical design, construction and distribution company serving the grain storage system industry in a multi-state area. Selected as CFO after leveraged buyout to serve as senior executive and advisor to CEO and to revamp accounting and operational methodologies. Oversee activities which include accounting, HR, IT, insurance, legal, finance, external auditing and tax accounting. Work with CEO to determine and execute strategic direction for all areas of the company and to… Show more Privately-held mechanical design, construction and distribution company serving the grain storage system industry in a multi-state area. Selected as CFO after leveraged buyout to serve as senior executive and advisor to CEO and to revamp accounting and operational methodologies. Oversee activities which include accounting, HR, IT, insurance, legal, finance, external auditing and tax accounting. Work with CEO to determine and execute strategic direction for all areas of the company and to position the company for growth and expansion. Show less
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Chief Financial Officer
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Apr 2014 - Apr 2015
Greater Memphis Area Privately-held hot mix asphalt paving contractor and supplier operating 4 hot mix plants and 5 gravel pits used to support projects for the private sector as well as for federal, state, and local governments (street, road and interstate overlays, new road construction, etc.). Selected as organization's first CFO, as direct report to President. Oversaw activities spanning accounting, HR, IT, legal, outside auditing and tax accounting.
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Peabody Hotels and Resorts
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United States
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Hospitality
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100 - 200 Employee
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Chief Financial Officer & Executive Vice President
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Nov 1994 - Feb 2014
As CFO and EVP, I oversee accounting, finance, purchasing, internal audit, and information technology organizations as member of senior executive committee. I provide financial leadership and counsel to individual hotel general managers; instrumental in positioning each site for financial success and superior customer service. Within my scope of responsibility, I am charged with establishing and maintaining lender relationships as integral component of securing capital for projects. I have led… Show more As CFO and EVP, I oversee accounting, finance, purchasing, internal audit, and information technology organizations as member of senior executive committee. I provide financial leadership and counsel to individual hotel general managers; instrumental in positioning each site for financial success and superior customer service. Within my scope of responsibility, I am charged with establishing and maintaining lender relationships as integral component of securing capital for projects. I have led efforts to identify, select, purchase, and install business-critical software and technology systems across entire company portfolio. • Lending – Worked with 11 domestic and international banks to establish $405 million lending solution. • Savings – Cut construction costs $6 million at one hotel. • Purchasing – Eliminated ~$800,000 in outsourced purchasing costs by insourcing $75 million of FF&E purchasing. • Business Continuity – Solidified company existence during times of negative economic impact (9/11/01 and national recession of 2008/2009). • Acquisition and Development – Served as primary contact with selling parties, attorneys, and lenders to effectively oversee all due diligence efforts. • Divestiture – Coordinated due diligence with acquiring entities, attorneys, and lenders. Show less
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Holiday Inn Club Vacations
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United States
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Hospitality
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700 & Above Employee
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Chief Financial Officer & Senior Vice President
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Mar 1993 - Nov 1994
My role as CFO and Senior Vice President included overseeing finance, accounting, IT and mortgage servicing of major timeshare resort developer.
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Senior Manager
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Jun 1982 - Mar 1993
Audit and business advisory services to clients was my expertise in the areas of hospitality, distribution, manufacturing, real estate and various services. I also significantly contributed to mergers and acquisitions while at Arthur Andersen.
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Education
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Arkansas State University
Bachelor of Science (BS), Accounting -
The University of Memphis
Master of Business Administration (MBA)