Georgina Macdonald - Resume

 

 

Dynamic, creative executive - CEO, COO, Sales and Marketing Manager in the areas of software, banking, real estate, and investor relations. Accomplishments include:

·        Led a software company through business plan redirection, raised venture funding (oversubscribed in 2001), built a management team, sales staff and new product development team.

·        Led an internal start-up at Fleet Financial Services to a $4 billion in asset industry leader in 2+ years, tripling net revenues.                                                

 

  GeoVue Inc., Boston, MA    2000-2001

Chairman and CEO

Joined this 7-year-old stalled company in May 2000 to put together a revised business plan, raise venture financing, and assemble a management team. Left in November 2001 when company had accomplished all of the above goals, and increased sales by 40%; remain a significant shareholder.

 

Morgan Group LLC, Boston, MA    1997-current    

President

Started a consulting and investment management firm to focus on entrepreneurial ventures for technology-driven companies.   See www.morganllc.com

 

FLEET FINANCIAL GROUP, Inc.    Boston, MA    1991 – 1997

FLEET INSURANCE SERVICES    1996 – 1997

Senior Vice President

Joined this start-up effort at Fleet in 1996 with responsibility for a broad array of insurance products, distributed through Fleet's existing channels to commercial,   private banking and small business customers.  Responsible for getting Fleet's   160 Private Clients Group relationship managers knowledgeable in financial planning process   and trained and licensed as life insurance agents.  Business sold to Travelers in 1997.

FLEET REAL ESTATE CAPITAL, Inc.    1993 – 1996

President and Chief Executive Officer

Took charge of a Fleet company that specialized in acquisition, management, and disposition of loans and real estate assets for institutional investors. Grew it from $400 million asset portfolio to $4 billion in assets in two and a half years. Expanded from single business line to three, from one office and 65 people to nine offices and 180 people.  Net revenues increased by a factor of 3.  Company was sold to Mellon Bank in 1996.

 

RECOLL MANAGEMENT CORPORATION (RECOLL)    1991 – 1993

Senior Vice President, Division Head, Owned Real Estate (ORE) 1992 – 1993

Managed the Owned Real Estate division of RECOLL Management Corporation, a Fleet subsidiary established to manage and liquidate special loan and asset pools.

Responsible for 150 employees, an annual budget in excess of $75 million, and annual sales in excess of $350 million. The Division's portfolio included approximately 1,200 real estate assets totaling more than $750 million in value. Assets ranged to $30 million in value and most were operating properties.  Increased sales year-to-year by more than 120% while decreasing expenses and headcount by more than 20%.

Senior Vice President, Department Head, Marketing and Sales   1991 – 1992

Headed up the newly established Marketing and Sales department for RECOLL’s Owned Real Estate division. Led department consisting of 65 people, handling sales and marketing of $600-$700 million of owned real estate assets in 17 states.  Doubled sales rate in one year.

THE MERIDIAN GROUP, Inc.,    Providence, RI   1986 - 1992

President and General Partner

Founded private investment firm to invest in commercial real estate projects in joint venture with developers. Consulted in a variety of workout assignments for financial institutions with troubled loan portfolios.

 

FLEET FINANCIAL GROUP,    Providence, RI    1977 – 1986

FLEET NATIONAL BANK    1981 – 1986

Senior Vice President

Built a team of well trained, lending officers; increased outstanding loans by more than 50%.

Selected by Fleet Chairman Terry Murray to organize and manage blue-ribbon economic development effort for the State of Rhode Island.  Recruited Ira Magaziner to be on the project.  The culmination of the two-year Business/Labor/Education Commission was a blueprint/action plan to improve the State of Rhode Island’s industry and to establish new ventures.  The effort drew tremendous national acclaim.

Director, Corporate Communications    1977 – 1981

Managed all investor, public, media, and government relations for this New York Stock Exchange Company. Tripled analyst coverage.  Built an innovative investor communications program to regain analyst confidence. Created targeted financial advertising program to broaden market for stock. Revamped shareholder communications; developed prize-winning annual reports and quarterly. Directed government affairs effort to achieve legislative objectives. Administered corporate charitable foundation.

 

FREEMAN TRANSFER PRINTING COMPANY    1976 – 1977 

Product and Marketing Manager

Developed overall marketing direction for the company and directed liaison with manufacturing facility to meet production goals.

 

REALTY INCOME TRUST    1973 – 1976

Director of Investor Relations

Managed financial investor communications program for this $100 million American Stock Exchange REIT. Wrote prize-winning real estate glossary which became industry standard.

 

THE PROVIDENCE JOURNAL ,   Providence, RI    1972 - 1973

Copy Editor, Section Editor and covered special events

 

THE COURIER TRIBUNE,     Bloomington, IN    1970 – 1971

Editor, South Central Topics

 

YACHT RACING MAGAZINE,    Chicago, IL    1968 – 1969

Assistant Editor

 

 

EDUCATION

Indiana University, Bloomington, IN    1964 – 1968

Majored in history with a minor in journalism

Various courses at MIT and Harvard associated with business and real estate finance

REGIONAL AND LOCAL BOARD MEMBERSHIPS

·        Board Member, Massachusetts Women’s Forum

·        Board Member, First Trade Union Bank

·        Founding Steering Committee member, New England Women in Real Estate