REAL ESTATE DEVELOPMENT
Rancho Mission Viejo appointed Donald L. Vodra as Vice-Chairman of the Board of Directors and promoted Jeremy Laster and Elise Millington to the positions of President and Chief Operating Officer, respectively.
“Over the past few years, we have been working hard to identify and transition to the next generation of Ranch leadership,” said Tony Moiso, Chairman and Chief Executive Officer, Rancho Mission Viejo. “Jeremy has gleaned a lot of experience during his time with us, learning all aspects of our many and varied businesses. His attention to detail and gift for instilling and fostering teamwork at all levels make him the right person to lead us into the future. He will be one of Orange County’s great business leaders for decades to come.”
Moiso added, “Elise’s breadth and depth of knowledge, business acumen, leadership traits and ability to work constructively with people inside and outside of our team, has proven to always produce the very best results. She is an outstanding professional executive.”
“I am very pleased that Don has agreed to serve as Vice Chairman of our Board,” noted Moiso. “He has been a valuable and strong leader and mentor for our team, and we are grateful for the opportunity to continue to utilize his expertise. We have endured the twists and turns of the last 27 years together, and his experience and guidance will prove vital in this new role. Today’s announcements position us for greatness for the next 25 years and beyond and allows us to continue to stay true to the values and traditions that have come to define The Ranch.”
Vodra will transition from President to the newly created Vice-Chairman role after twenty-seven years of service to the company. As Vice-Chairman, he will continue to provide counsel as well as guide strategic planning, investment management and risk management at the Board level.
Laster will be responsible for the daily management of all Rancho Mission Viejo enterprises, including larger scale master-planned community development, land management (The nature Reserve at Rancho Mission Viejo), ranching and farming, commercial properties and investments. Laster joined the company in 2001 as a Project Manager.
Millington joined Rancho Mission Viejo in 2004, as Vice President of Finance. She was promoted to Senior Vice President and Chief Financial Officer in 2014, and Executive Vice President in 2019. Millington will continue to serve as CFO in addition to her new daily responsibilities as COO.
“I’m proud of what we have accomplished over the last 50-plus years,” noted Moiso. “Through the decades, we have done our best to help establish communities that enrich the lives of Ranch residents by providing a diversity of housing opportunities, hundreds of acres of parks and sports fields, miles of trails and roads, new schools, fire stations and other public facilities, local employment and retail centers, as well as thousands of acres of protected open space. I am confident this new leadership team is perfectly suited to take The Ranch to new heights as we look to the future.”