Mattamy Homes Announces New Board Member English Français

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Sep 06, 2017, 09:30 ET

Seasoned industry expert Margaret Whelan joins Board of North America's largest privately owned homebuilder

TORONTO, Sept. 6, 2017 /PRNewswire/ - Mattamy Homes is pleased to announce the appointment of Margaret Whelan to its Board of Directors. Ms. Whelan is a seasoned executive and real estate industry expert with a deep knowledge of industry drivers, players, valuation and financing.

Seasoned real estate industry expert Margaret Whelan has joined the Board of Directors of Mattamy Homes, North America's largest privately owned homebuilder. (CNW Group/Mattamy Homes Limited)

"We're very excited to have an individual with Margaret's background, expertise and network joining Mattamy's Board of Directors and look forward to benefiting from her advice on a range of strategic and business issues," says Peter Gilgan, Mattamy's Founder & CEO. "In particular, Margaret has a wealth of experience in global capital markets, having worked with many North American homebuilders in a banking and financial advisory capacity. Her diversity of skills and experience will be invaluable on our Board as we continue to significantly grow our business across North America."

Ms. Whelan currently serves as Chief Executive Officer of Whelan Advisory LLC, which she founded in 2014 to provide strategic and financial counsel to public and private companies. Previously Ms. Whelan ran the finance group of Tricon Capital Group, a publicly traded $1 billion market cap real estate private equity firm. She also spent 18 years on Wall Street, largely focused on the real estate sector. This included roles at JP Morgan (as a Managing Director and Senior Coverage Partner in the Real Estate and Lodging group) and UBS (as a Managing Director and highly regarded stock analyst).

Ms. Whelan was recognized by Forbes as being amongst "Wall Street's Best Stock Pickers" and "Best Analysts" and was a member of Institutional Investor's All-American Research Team from 2002 to 2007. In 2008, she was listed among Business & Finance's "Top 50 Most Influential Irish American Business Leaders." Ms. Whelan earned her Bachelor's degree with an honors in Commerce from the University College of Dublin, Ireland in 1994. She currently serves on the public board of TopBuild Corp. (2017 revenues $1.7 billion), the leading installer and distributor of insulation products to the US construction industry (NYSE:BLD). Additionally, she serves as an Advisor on the private board of John Burns Real Estate Consulting LLC, an independent research and consulting services firm to the US housing industry.

Privately owned Mattamy Homes chose to establish an external Board of Directors of knowledgeable advisors in 2010 as a governance best practice. In addition to Ms. Whelan, the other external members of Mattamy's Board also have significant experience and expertise:

Dave Williams (Lead Director), former non-Executive Chairman of Shoppers Drug Mart, and former CFO and President, Eastern Canada Operations, of Loblaw Companies Ltd.
Rupert Duchesne, former Group Chief Executive of Aimia
The Honorable David H. Wilkins, former US Ambassador to Canada and Partner, Nelson Mullins Riley & Scarborough LLP

About Mattamy Homes
Mattamy Homes is the largest privately owned homebuilder in North America, with operations across the United States and Canada. Mattamy has sold more than 90,000 homes in hundreds of communities. In the United States, the company is represented in nine markets – Charlotte, Phoenix, Tucson, Jacksonville, Orlando, Tampa, Sarasota, Naples and Southeast Florida – and in Canada, those communities stretch across the Greater Toronto Area, as well as in Ottawa, Calgary and Edmonton. Visit www.mattamyhomes.com for more information.