Mikell McElroy is an executive with over 25 years of experience in residential home building. As Division President for M/I Homes in Charlotte from 2008 to 2014, he increased profits from a $500K loss to $6.8M, the highest in Charlotte history, by growing revenues and reducing costs. Previously as Division President for Centex Homes in Charlotte from 1997 to 2008 and Tampa from 1990 to 1997, he consistently ranked in the top divisions and increased annual earnings. McElroy has a track record of improving operating efficiency, expanding market share, and mentoring future division presidents.

1. MIKELL A. MCELROY
609 White Tail Terrace, Waxhaw, NC 28173, Cellular 704-577-0510 - mike@mikellmcelroy.com
Executive Profile
Division President with more than 25 years of experience throughout North Carolina, South Carolina, and Florida.
Management background includes operations,finance and accounting, budgeting and forecasting, profit and loss,
administration, recruiting and staff development, quality assurance,marketing, sales,and public relations. Increased efficiency,
reduced costs,and increased profits through utilization of strong troubleshooting and problem resolution skills, while
streamlining and determining optimum use of facilities and personnel. Key core competencies include:
• Project Development • Executive Coaching • Team Building
• Business Growth Strategies • Human Resource Management • Decisive Leadership
• Budget Planning & • Diverse Market/Industry • Cost Containment
Forecasting Knowledge & Profit Growth
Professional Background
M/I HOMES, Charlotte, NC Dec. 2008 – Oct. 2014
DIVISION PRESIDENT
• 2009-2013-Responsible for earnings increase from a loss of 500K to 6.8M profit, highest in Charlotte history.
• Responsible for increasing gross margins from 11% to 22%
• Streamlined operating efficiency thereby increasing profits 7%
• Took builder ranking from #12 to #6 (M.O.R.E. Report)
• Responsible for growing the division from 200 to 400 closings
• Successfully contracted,purchased,entitled, and engineered over 2000 lots
• Successfully reduced warranty expenses by 50%
• Managed a structural warranty issue affecting 80 homes worth 40 million.
Centex Homes, Charlotte, NC 1997 ~ 2008
DIVISION PRESIDENT
• 1997-2000-Responsible for earnings increases from $500K to $10M
• 2001-2007-Responsible for earnings increases from $10M $34M
• Ranked #2 in Market for fiscal year 2007; growing division to 1,010 homes
• Received Top 3 rated JD Power 4 consecutive years
• Successfully introduced value F & J product to produce over 500 annual closings in 5 years
•Highly regarded for recruiting & mentoring three individuals to go on to be division presidents upon leaving Centex Charlotte
•Successfully opened & managed a satellite operation in the Triad NC area, until it became a standalone division 3 yrs later.
• Led ACE initiative for B & M and O/H reduction
Centex Homes, Tampa, FL 1990 ~ 1997
DIVISION PRESIDENT
• Ranked in the top 10 divisions for Centex Homes 5 consecutive years
• Accomplished a 21% ROA for five consecutive years
• 1996-Received Builder of the Year (BAGT)
• Successfully managed sales for 18 months while holding Division President Role
Education
Bachelor's Degree, Building Construction 1986
University of Florida, Gainesville, FL
Sigma Lambda Chi-Honors Society
Graduated with Academic Honors
Associations – Certifications - Awards
• 1996-BAGT Builder of the Year
• 1996-Big Brothers/Big Sisters-Tampa Florida
• 2005-2007-Morrison YMCA Board of Directors Charlotte
• 2001-2004-TEC member, Charlotte, NC