William Roberts, the chairman and chief executive officer of Columbus, Ohio-based RED Capital Group, retired from his position in early April.
Roberts came out of retirement in 2010 to lead the acquisition of RED from PNC. The leadership of RED is now moving to Mark Beisler, who will serve as the company’s president, and to Mike Moran, who will assume the role of chairman. Under their leadership, RED will continue to expand its presence in the multi-family, seniors housing and heath care finance arenas. Roberts will serve as a senior advisor to the RCG Holdings LLC Board.
Beisler has been an employee of RED and its predecessor businesses since 1986 and most recently served as chief executive officer of Red Mortgage Capital, LLC, a position which he will continue to hold. Moran served as chief executive officer of ORIX USA’s real estate business, ORIX Capital Markets.