Leadership

John D. Rood
Chairman
The Vestcor Companies, Inc.

Mr. Rood began his real estate career in 1983 as founder of The Vestcor Companies. Under his direction, the company focused on brokerage of multifamily properties and then expanded into real estate investments, development, and construction. As the managing partner for over 71 investment partnerships, Mr. Rood is responsible for acquisition or development, management and disposition of properties in the portfolio. A total of fifty-seven communities, consisting of over 10,000 units, have been acquired or developed by partnerships managed by Mr. Rood.

In September of 2004, President George W. Bush appointed Mr. Rood as United States Ambassador to the Commonwealth of the Bahamas where he served until 2007. An April, 2005 article from The Freeport News, commented, "John D. Rood is the quintessential diplomat. Ever since he presented his credentials to Governor General Dame Ivy Dumont, he has been a model diplomat, as he has sought to keep the promise he made to 'work with my Bahamian friends, old and new, to advance our common interests and to help attain lasting prosperity and security for our two countries and the region.'"

The Ambassador's commitment to public and professional service is reflected in his many activities outside his professional life. In 2002, he was appointed by Florida Governor Jeb Bush as a commissioner of the Florida Fish and Wildlife Conservation Commission where he served as a commissioner and chairman until 2004. Mr. Rood is a former board member of the James Madison Institute. He is a Rotarian and past president of the Rotary Club of Mandarin. He was a member of the University of North Florida Business Advisory Council and has served as a visiting professor at the university. U.S. Department of Housing and Urban Development Secretary Mel Martinez appointed Mr. Rood to the Advisory Council on Renewal Communities to help local communities take advantage of tax incentives to stimulate job growth and economic development. Mr. Rood was appointed by Mayor John Peyton to serve as co-chairman on the Jacksonville Journey. This program addressed the rise in Jacksonville's crime and resulted in a multifaceted approach which was implemented by Mayor Peyton. Mr. Rood is a board member of the Tiger Academy which provides the children of Jacksonville's northwest quadrant a structured and nurturing learning environment. In 2009, Ambassador Rood was appointed by Florida Governor Crist as the Republican Party of Florida Finance Chairman. Since May of 2009, Mr. Rood has served on the board of Alico Inc. (ALCO). Mr. Rood is a current member of the Florida Council of 100. In January 2010, Mr. Rood was appointed by Governor Crist to serve on the Board of Governors of the State University System. In April 2010, Mr. Rood received an honorary degree of Doctor of Laws from Flagler College in recognition of his public service. Mr. Rood was elected to membership on the Board of Trustees of Flagler College in October 2010. In 2012, he became a member of the Board of Advisors for the JU Public Policy Institute

Mr. Rood is the proud father of three children. He is a licensed pilot and an avid sportsman.

C. Stephens Moore
Vice President and Chief Financial Officer
The Vestcor Companies, Inc.

Responsible for the overall finance and accounting functions of The Vestcor Companies, Steve Moore coordinates treasury and risk management, secures financing for new and existing developments, and monitors performance of the company's portfolio of investments. He maintains ongoing relationships with Vestcor's key business partners including financial institutions, insurance companies, professional-services firms, and government agencies. He has over ten years of finance and accounting experience, resulting in significant expertise in accounting, finance and risk management.

William L. Morgan
President
Vestcor Communities, Inc.

With numerous projects under his direction, Will Morgan brings to Vestcor Communities a well-rounded base of financial and development experience. Vestcor Communities successfully leverages Vestcor's prior multifamily experience in design, development, and asset management to produce quality investment properties in several multifamily niches. Most recently, Mr. Morgan has established Vestcor as a leading developer and asset manager of best-in-class, purpose-built student housing communities in the Southeast. He is responsible for generating all new business in this sector, including market and site selection, project design and development, asset management oversight, capital structuring and investor relations.

Stephen A. Frick
President
Vestcor Development Corporation, Inc.

Steve Frick is responsible for the development, financial, and administrative operations of Vestcor Development Corporation, Inc. With over 30 years of experience in the housing-finance industry, his responsibilities include regional affordable-housing development activity under the Housing Credit and Mortgage Revenue Bond programs, as well as other financing programs that assist in the creation of affordable multifamily rental communities. Additionally, Mr. Frick oversees the asset management functions associated with the limited partnership ownership entities of the existing properties in the Vestcor portfolio.

Jennifer R. Hoover
Vice President
The Vestcor Companies, Inc.

Jennifer Hoover is responsible for The Vestcor Companies brokerage activities, including both residential and commercial property management. In addition, Mrs. Hoover oversees a wide array of operations within the Vestcor Companies. Prior to her appointment as Vice President of The Vestcor Companies, Mrs. Hoover worked for Vestcor Communities in both sales and development and received her Florida Real Estate Broker's License in 2006.