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Wednesday, April 23, 2014

Weather Forecast

Since the 1930s, we have proudly served the air transportation needs of the people of the Gulf Coast. Today, we continue to upgrade our facility and offer all a range of air travel’s most modern amenities. As an independent, self-funded entity we do it all without local tax dollars.

Herbert A. Meisler - Chairman

Herbert A. Meisler received a B.B.A. from the University of Texas in 1949. Since that time, he founded Consolidated Furniture Industries in Houston, Texas; served as President of the Southwestern Furniture Marketing Association; developed the Richmore Shopping Center in Pasadena, Texas; and developed Gulfway General Hospital in Houston, Texas and served as its President. In 1964, Meisler moved to Mobile and managed Gulf Coast Jewelry and Specialty Company, a family owned catalog distributor of jewelry and small appliances. At the same time, Meisler began Rime Companies (with his brother in law, Harold Ripps), an apartment construction and management company, which they still operate today. In 1966 he constructed and supervised the rental of three office buildings and a restaurant. A key figure in the Mobile civic community, Meisler's civic and philanthropic activities have earned him the respect and appreciation of the citizens of Alabama. These activities include: five different terms as President of the Mobile Jewish Welfare Fund; Vice President, Cancer Society; Vice President, Heart Foundation; Vice President, Alabama Eye Bank; President, University of South Alabama President's Club; and President, Alabama Apartment Council. He also served as president and building fund chairman for the construction of Ahavas Chesed Synagogue in Mobile. In addition, Meisler endows scholarships at the University of Alabama, Birmingham and Birmingham Southern College. Meisler also endows a Chair of Judaic Studies at the University of Alabama, Tuscaloosa and a Chair of Surgery at the University of South Alabama. Meisler has also served on the Boards of the following organizations: Central Bank of the South; Altus Bank; Colonial Properties Trust; Mobile Community Foundation; Providence Hospital Foundation (longest sitting member, 27 years); Better Business Bureau; and Boy Scouts of America. Meisler was the recipient of the Mobile Jewish Community's "Man of the Year" award (1972 and 1987) and received Alabama Eye and Tissue Bank's "Person of Vision" award in 1988, and the City of Mobile's Philanthropist of the Year in 2000. Meisler and his wife, Fanny, have five children and eleven grandchildren.
 



Herbert A. Meisler
Chairman
 

Thomas Busby - Assistant Secretary/Treasurer

Tom Busby began his trading career with Merrill Lynch, and before founding Diversified Training Institute (DTI) in 1996, he was a vice-president of Smith Barney. Tom holds a bachelor's degree in Business Administration from the University of Georgia and a Juris Doctorate degree from Oklahoma City University School of Law. He was a distinguished graduate of the United States Air Force Budget Officer School, and served seven years as an officer in the United States Air Force prior to becoming a professional securities broker and trader. After the market crash of 1987, Tom became a full-time trader to avoid the overnight risk associated with leveraged investments. Tom is an active trader and started DTI because he felt that his knowledge and experience could benefit others interested in learning how to trade the S&P 500 and the Dow Jones futures markets. His unique principles of short-term trading combine both opportunity for reward with steadfast techniques for carefully managing risk. He has developed a trade-tested approach to help those interested in trading these markets to decide whether to be long, short, or out of the market. His teaching methods combine the required intellectual knowledge of the markets with the equally important technical execution skills needed to become a successful trader. Tom's book "Winning the Day Trading Game", published in the fall of 2005, offers an intimate and candid account of his education in trading, including his experience during the market crash of 1987.
 



Thomas Busby
Assistant Secretary/Treasurer

Patricia G. Edington - Secretary

Patricia G. Edington is a licensed Appraiser of personal property. She has served as Chairman or President of various civic groups and organizations, including the Historic Mobile Preservation Society and the Mobile Historic Development Commission. Edington continues to serve on the Boards of several local organizations. For 12 years, she was a member of the Democratic National Committee. During this time, she was twice appointed by the President to represent the Unites States at the Unesco General Conference in Paris. She is presently National Vice Chair of the Democratic National Committee's "Women's Leadership Program."
 



Patricia G. Edington
Secretary

Michael E. Pierce

Michael E. Pierce is a 1991 graduate of Tulane University where he received his Bachelor of Science degree in Business Management.  While at Tulane, he excelled as a student athlete becoming Tulane’s All Purpose Yardage Leader and Pre-Season Street & Smith All-American candidate in 1989 after having graduated from Murphy High School in Mobile Alabama as the All-Time Leading Rusher three years earlier.  Pierce was invited to join the NFL’s Philadelphia Eagles as a free agent in 1990.  Unfortunately, a lingering knee injury caused his retirement before his NFL career could begin.

Michael is Executive Director of the MLK Avenue Redevelopment Corporation (MLKARC).  His primary responsibility is to develop and implement a comprehensive community and economic redevelopment program in the Dr. Martin Luther King, Jr. Avenue community.  Since its inception in 1993, MLKARC has invested HUD HOME Funds in excess of $10 million to construct 126 new affordable homes benefiting several hundred Low–Moderate Income Mobilians.  In 1999 MLKARC invested $1 million to develop commercial retail space along the MLK corridor. At the time of its development of Lincoln Square represented the first new commercial project in the community in over 50 years.  MLKARC recently broke ground on Renaissance Plaza Phase I, a 13,750 square foot retail center being constructed on the southeast corner of Broad and Lyons.  The $2.5 million retail center will provide residents convenient access to goods, services and employment opportunities.  Renaissance Plaza Phase II, a 25,000 square foot retail center will likely to house a large national chain tenant. 
Michael is also President of the Gulf Coast Region for A.G. Gaston Construction.  His responsibilities include directing sales, marketing, operations and financial performance across a geographic area encompassing the coastal areas of Florida, Alabama and Mississippi.

Pierce is also active in civic, community and religious affairs.  He is chairman of the Board of Directors at Commonwealth National Bank, Co-Chair of Mayor-elect Sandy Stimpson’s Transition Team, Past-Chairman of the Board of Directors of the Mobile Area Chamber of Commerce and Past-President of the Rotary Club of Mobile.  He serves on the board of the Mobile Arts & Sports Association and is chairman of the Senior Bowl Hall of Fame Committee. He has also served on the board of the Mobile Area Chamber of Commerce.  Pierce, founding pastor of New Life Ministries, has previously served on the ministerial staffs of New Hope Baptist Church and Shiloh Missionary Baptist Church. Pierce is married to wife, Daphne, and they have two sons, Michael, Jr. and Myles.

W. Lance Covan

W. Lance Covan is the Founder of BonSecour Capital Holdings, LLC, based in Mobile, AL and currently serves as the Chairman of the Board of Mitternight Boiler Works, Inc., located in Satsuma, AL.  Mitternight is a manufacturer of process equipment that focuses on designing and engineering specialty ASME Code vessels for Fortune 500 customers around the world.  These include heat exchangers, chemical reactors, distillation columns and other pressure vessels.

Prior to returning to his hometown of Mobile, Covan served as the president and chief executive officer of the New York Foundation for Leadership at The King’s College in New York City.

Covan moved to New York from Tuscaloosa, AL where he functioned as the Director of Athletic Development for the University of Alabama’s Athletic Department.  In his role there, Covan’s primary responsibility was to work towards securing $150 million in funding for facility enhancements and seeding the Crimson Tide Foundation.

Outside the world of higher education, Covan has also worked with and consulted for various domestic and international non-profit organizations including the Salvation Army, the American Red Cross and International Professional Resources for China.

Throughout his career, Covan has had a keen interest in social enterprise and entrepreneurship and has placed capital in collaboration with venture and private equity funds in industries that include renewable energy, real estate acquisition and development, banking and manufacturing.
Covan currently serves on the board of directors for a variety of organizations and foundations including, PathNorth Board of Advisors in Washington, D.C. and The University of Alabama Entrepreneurship Institute Advisory Board.  Locally, Covan is a member of Mobile Chamber of Commerce Board of Directors and Advisory Board, and is the current Vice Chair of the Economic Development Committee.  He is also a member of Mobile’s own Reese’s Senior Bowl Committee.  Covan is a member of Young President’s Organization and Grace Community Church.

Covan has earned his bachelor’s and master’s degrees from the University of Alabama in Tuscaloosa, AL and completed post graduate studies at Sichuan Union University in Chengdu, China in 1997.  While living in the People’s Republic of China, Lance studied Mandarin Chinese while also studying at a few of China’s most famous universities in Beijing and Shanghai.  Lance and his wife, Shellie Pryor Covan, are natives of Mobile, AL where they reside along with their two children.