Industry & Services >> CEO Interviews >> February 16, 2004

PARIS REECE III – M.D.C. HOLDINGS INC (MDC)

PARIS G. (GARY) REECE III is Executive Vice President and Chief Financial Officer of M.D.C. Holdings, Inc., a $2.9 billion New York Stock Exchange company that builds single-family homes under the name 'Richmond American Homes' in 13 states and is the largest homebuilder in Colorado. With 28 years of experience in the corporate finance, accounting and tax arena, Mr. Reece works very closely with MDC's Chairman and President in developing and carrying out the company's strategic direction. In addition, he has direct responsibility for MDC's investor and public relations, accounting, treasury, tax, payroll, risk management and strategic planning functions. Mr. Reece joined MDC as Vice President of Tax in 1988. He was promoted to Chief Financial Officer in 1990 and to Executive Vice President in 1999. Prior to joining MDC, Mr. Reece served as Director of Tax Planning for Occidental Petroleum Corporation, where he worked from 1977 until 1988. Mr. Reece is a graduate of the University of Texas at Austin with a BBA in Accounting, and has a CPA license in the State of Texas. He is a member of the American Institute of Certified Public Accountants, the Texas Society of CPAs and the Financial Executives Institute, and serves on the Board of Advisors for the School of Accountancy at the University of Denver's Daniels College of Business. Profile
TWST: We'd like to begin with a brief historical sketch of M.D.C.

Holdings and a picture of things as they are now.

Mr. Reece: M.D.C. Holdings was formed in 1972 with $50,000 of