Ted Meylor Assumes Role of CEO for RED Capital Group
- Apr 10, 2015
Colombus, Ohio–RED Capital Group LLC and ORIX USA Corporation announced that Edward Meylor will be assuming the role of CEO for RED Capital Group, as Mike Moran, current CEO, transitions back to the parent company, ORIX USA.
Moran was named as Chairman and CEO of RED in 2012, two years after ORIX purchased the company, to transition the company after its founder, William E. Roberts, retired. Under Moran’s leadership, RED continued to expand its presence and reputation in the multifamily, seniors housing, and affordable housing industries.
Meylor joined RED in May 2014, as executive chairman, working with Moran to grow the RED portfolio and foster new opportunities for the firm. He takes on the additional responsibilities that come with the CEO role with plans to further grow the RED portfolio.