St. Louis’ Largest Homebuilder Names New CFO
Date Posted: April 20, 2018
Posted In: People,
From St. Louis Post-Dispatch: Jeffrey M. Todt has been named the new chief financial officer at McBride Homes.
Todt, who has worked as McBride’s vice president of accounting, will assume the role May 25 and replaces Michael D. Arri, who retired after serving as McBride’s top financial executive for the last 24 years.
Arri oversaw McBride’s banking relationship and financing activities, a critical role as McBride weathered the economic downtown in 2008.
During that time McBride bought hundreds of distressed properties from banks, setting up the Chesterfield-based company to thrive following the recession.
McBride built 854 houses in 2017, up from 742 in 2016. Revenue for the Chesterfield-based company increased from $206 million to $257 million during that same time period.