Irving, Texas-based multifamily developer JPI has restructured its senior leadership team, appointing Brad Taylor as its new CEO, adding Chris Clayton as CFO, and establishing a board of directors.
Brad Taylor, formerly JPI’s chief development officer and national managing partner, will lead the company’s day-to-day operations in his new role. “The future is incredibly bright for JPI,” said Taylor. “I consider it an honor to lead this organization of talented individuals, and I believe that our people and their unwavering commitment to excellence will fuel the success of JPI for years to come.”
The core leadership team will report to Taylor, including Rosie Cooper, executive vice president and managing partner for the Western region; Dusty Broadway, senior vice president and national construction partner; and new CFO Clayton.
Clayton has over 30 years of financial and executive experience. He comes to JPI from Forest City Realty Trust, where he served as its executive vice president and treasurer. In his new role, he will lead capital markets efforts, particularly platform capital, and guide JPI’s financial, accounting, operations, and administration support teams. “I am elated to join the JPI family and to start the next chapter of my career,” said Clayton. “I am looking forward to immersing myself in the organization to best prepare it for the future.”
The new board of directors will consist of Bobby Page, Ron Ingram, Mark Bryant, and Kirk Motsenbocker, who have served as the company’s executive committee previously. The board will provide advisory support to the senior leadership team regarding the company’s direction and planning, as well as general corporate governance, according to JPI.
JPI has been the largest multifamily developer in the Dallas-Fort Worth metro for the last four years and was named the eighth-largest multifamily developer and ninth-largest multifamily contractor in the U.S. by the NMHC in 2019.
