Michael M. Sachs
Chairman and Chief Executive Officer, Westrec Marinas and Related Companies
Michael M. Sachs passed away peacefully at his home on April 11, 2019, days shy of his 78th birthday. Michael was always admired for his energy, determination, sharp mind and business acumen. A graduate of the University of Illinois (B.S., Accounting, 1962) and Stanford University Law School (J.D., 1965), he was also a Certified Public Accountant in Illinois (the youngest ever at the time) and California.
Michael practiced law at Kindel and Anderson, became a Partner at Agnew, Miller and Carlson, and then formed his own firm, Sachs and Phelps in 1982. Michael served as Executive Vice President and General Counsel of Public Storage, Inc., from 1982 to 1990, where he helped to raise over $3 billion in equity capital. In 1987, he conceived the idea of storing boats in the same manner as people’s personal goods, and with that stroke of genius, formed Westrec Financial Inc. Michael was the principal architect behind the formation, development and capitalization of Westrec Marinas, which has been successful for over 30 years. Michael served on the Board of Directors of many public and private companies during his career, and was frequently sought out by acquaintances for advice on startup companies. He was always generous with his time
and advice.
Michael is survived by his wife of over 30 years, Maureen, his sister Rosanne Ezer (Steve Ezer), nieces Debbie Ezer and Melissa Martin (Paul Martin) and grand nephews Bradley and Derek Martin.
William W. Anderson
President Westrec Marina Management, Inc.
818-907-0400 x224
[email protected]
Encino, CA
Bill Anderson has been providing leadership for Westrec Marina Management, Inc. since 1989. Mr. Anderson worked for the U.S. Department of the Interior for 13 years developing urban waterfront areas throughout the United States. He has an extensive background in governmental relations, having testified before the United States Congress as well as numerous state and governmental agencies. Mr. Anderson spent five years in the hospitality and tourism industry as Vice President of the Malibu Conference Center. Mr. Anderson served for five years as the President of the Association of Marine Industries (previously Marina Operators Association of America) and has twice been recognized by the National Marine Manufacturers Association for his support of the marine industry and boating access. He is a past Board Member of the Grand Canyon National Park Foundation and served for 6 years on California’s Marine Life Protection Act Blue Ribbon Task Force. Mr. Anderson is a nationally recognized speaker on recreational management and development issues and is a graduate of Penn State University.
Jeffrey K. Ellis
CFO-Westrec Financial, Inc.
818-907-0400 x243
[email protected]
Encino, CA
Jeff Ellis has been with Westrec since 1989 and been CFO since 1996. Mr. Ellis is responsible for maintaining relations with investors and corporate lenders, monitoring compliance issues on existing debt, and coordinating, overseeing and finalizing financing for new acquisitions and construction projects. In addition, he is responsible for negotiating and overseeing the company’s property and liability insurance, health care and workers compensation plans which cover Westrec’s 500+ employees. Mr. Ellis has been involved with raising over $40 million in capital for Westrec marina acquisitions and ventures and is responsible for ensuring compliance with Federal, State, Local and tax reporting requirements for all corporate and partnership entities. Mr. Ellis received a BS degree from California State University, Northridge in 1982 and a CPA certification from the State of California in 1984. Before joining Westrec Mr. Ellis was VP, Controller for an affiliate of Public Storage, Inc. and an audit manager at Price Waterhouse Coopers.
Scott Stevenson
Executive Vice President
[email protected]
Chicago, IL
Scott Stevenson joined Westrec in 1991 and oversees operations for Westrec in the northeastern US. Since 1996, Mr. Stevenson has managed the Chicago Park District’s 10 harbors accommodating over 6000 boats. He has over 30 years of experience in the marine industry with direct responsibility managing over 40 marinas. His experience encompasses developments in Hong Kong, Mexico and the US and includes construction, management and marketing. In addition, Mr. Stevenson has been involved as a designer and manufacturer of floating marinas with over 250 projects constructed worldwide. He has operated a variety of marina facilities including dry stack storage buildings, service facilities, and marine retail space. As the architect of the $100+ million renovation plan for the Chicago harbors, Mr. Stevenson has been instrumental in the improvement of income of these Harbors from a breakeven point in 1995 to over $13 million in 2013. During the same period, revenue has grown from $5 million to over $24 million. Mr. Stevenson serves on numerous boards and commissions in the Chicago area and holds both and MBA and a BA in International Relations from Brigham Young University.
Ruth Black
Vice President, Finance
[email protected]
Encino, CA
Ruth Black is responsible for financial and tax reporting, budgeting, and monthly variance analysis for the 20+ Westrec managed marinas throughout the US. She also oversees the financial and tax reporting for the private limited partnerships , limited liability companies, and affiliated subsidiaries that comprise Westrec Financial, Inc. Ms. Black also oversees the administration of Westrec’s insurance and technology policies. She received a BA degree in Economics-Business from the University of California, Los Angeles in 1986 and earned a CPA certification from the State of California in 1991. Prior to joining Westrec in 1992, Ms. Black was a Senior Auditor at Ernst & Young LLP, Los Angeles.
Patrice Poleto
Vice President of Human Resources
818-907-0400 x240
[email protected]
Encino, CA
Patrice Poleto joined the Westrec Management Team in December 2016. She brings over 30 years of experience and knowledge to the global human resource function for Westrec Marinas. Patrice has worked in a number of public and private companies, and diverse industries including high tech-electronics manufacturing, entertainment, medical equipment manufacturing and agriculture. Patrice and her team are responsible for the management and administration of all human resource functions, which include employee/labor relations, training, staffing, employee compensation and benefits, payroll and other related areas. Ms. Poleto holds a BS degree in Organization Management from the University of Phoenix. Patrice stays active in the HR community and continues her education through seminars and on-line training.
James L. Frye, CMM
Vice President of Business Development
[email protected]
Warrenton, VA
With Mr. Frye’s direction, Westrec is leveraging the strongest business operations infrastructure in the marina industry for organizational growth. Mr. Frye has more than 25 years of experience as a senior operations manager, overseeing more than 35 marinas across the US. Mr. Frye is the president emeritus of the Association of Marina Industries (AMI) and vice chair of the Recreational Boating Leadership Council. He is a certified marina manager (CMM) and faculty for the International Marina Institute’s Advanced Marina Management training. He is the host of the International Marina and Boatyard Conference (IMBC), the industry’s largest conference and trade show. He holds a BS in Business and Psychology from the University of Massachusetts at Amherst. Mr. Frye is located in the greater Washington DC region.
Alex Laidlaw
Vice President of Operations
[email protected]
Buford, GA
Alex Laidlaw is a thirty-year professional in the marine industry, and currently is the Vice President of Operations for Westrec Marinas and Area Vice President for the three Georgia marinas: Holiday on Lake Lanier, Sunrise Cove, and Allatoona Landing Marine Resort. Those marinas comprised of some 2500 slips, over 12 million dollars in annual revenues and 50 million dollars in assets. He is a Certified Marina Manager (CMM). He currently sits on AMI’s Emeritus Board of Directors and is a Past Chairman of the Board. He currently holds the office of Vice President of Lanier Partners of North Georgia, a 501 (c) (3) charitable organization. He is a Former Board Member of the National Marine Manufacturers Association, the Marina Operators of Lake Lanier, the editorial Board of Boating Industry Magazine, the Marine Environmental Education Foundation, and the Recreational Boating and Fishing Foundation. He was raised on the shores of the Chesapeake near Baltimore, Maryland. He started his marine career with E & B Marine Supply while attending college at Towson State University. His family owned and operated a fourteen-store chain BoatGear America. He is located on Lake Sidney Lanier, just north of Atlanta, Georgia.
Gary Groenewold, CMM
Vice President of Southern Area
954-926-0300 x4
[email protected]
Dania Beach, FL
Gary Groenewold is responsible for all operating issues, business development, and acquisitions throughout Florida, the Caribbean, and South and Central America. Mr. Groenewold has over 20 years experience working on a variety of marina development and consulting projects throughout the region. This includes the design, construction, and operation of a variety of marina facilities offering both wet and dry storage and their ancillary amenities. Serving his third term on the Executive Board of the International Superyacht Society (ISS) Mr. Groenewold is Chairman Emeritus of the Association of Marina Industries (AMI) and former board member of the National Marine Manufacturers Association (NMMA). He is also an active member of the International Marinas Group (IMG) of the International Council of Marine Industry Associations (ICOMIA) and holds a 500 gross ton captain's license. Mr. Groenewold is based out of Westrec’s Southern Regional Office in Florida.
Narvel Lassiter, CMM
Vice President of Construction and Risk Management
[email protected]
Dallas, GA
Narvel Lassiter is responsible for the evaluation, planning, design, permitting, project costing and contractor management of all companywide construction projects and capital improvements. He ensures that all marina construction, projects and upgrades are completed within projected timelines and within budget constraints. In the last twenty years Mr. Lassiter has been involved in over 140 such projects in the Westrec system.
Ronaldo Souza, CMM
Director of Westrec Marinas, Latin America and Certified Marina Planner
+55-21-99394-1404 (cell)
[email protected]
Rio de Janeiro, Brazil
Ronaldo Souza oversees all marina operations and consulting projects for Westrec interests throughout South and Central America and the Caribbean. Mr. Souza was instrumental in the formation and founding of Westrec Marinas Latin America (WMLA). Mr. Souza is a certified marina manager, a certified engineer and marina designer and has designed over 50 marinas for both Westrec and his own company, SQUALO Marinas, LTD, SA. He positions Westrec as a leader in waterfront design and development. He has personally been involved with more than 100 marina projects in the last 15 years throughout South America, Brazil, Peru and Argentina.
John Louis, CMM
Southern Regional Manager
954-926-0300 x4
[email protected]
Dania Beach, FL
Directing the daily operations of all of Westrec’s interests in the southern region, Mr. Louis oversees some 400 wet slips, over 900 dry storage slips, as well as retail stores, fuel docks, boat rentals, and restaurants. Responsible for all area marina operating budgets and for developing budgets for any new company property acquisitions in the region, Mr. Louis is skilled in the intricacies and elements relating to privatized marinas. With over 20 years experience in dry storage and retail operations, he has renovated and re-merchandised multiple retail store facilities and supervised new rack construction and the re-racking of existing dry storage facilities for the company. Involved in numerous marina acquisitions and consulting projects, Mr. Louis routinely delivers expertise in operations with recommendations for capital improvements and equipment, retail store layouts and design, and dry stack configurations. A current member of the Association of Marina Industries (AMI), he is a Certified Marina Manager (CMM) and was previously on the Board of Directors for Miami's Marine Council and served as its Treasurer for two years.

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