Woodbury Corp., a full-service real estate management and development company based in Salt Lake City, has named Scott S. Bishop as its new president. Bishop will continue to serve as chief financial officer in addition to president. Bishop is part of the fourth generation of Woodbury’s family leadership and has been with the company for over two decades.
“I am honored and humbled to have the opportunity to help lead our business through this next chapter,” said Bishop. “I look forward to working with not only family members, but with all of the incredible current and future employees as Woodbury Corp. continues to grow.”
A Woodbury press release said Bishop will be instrumental in guiding the upcoming fifth generation of family members into the 105-year-old business and mentoring them as they engage in various projects across the company’s portfolio. Bishop will continue to focus on the company’s debt portfolio with an emphasis on forging new relationships and deepening association with existing investors, tenants, community leaders, contractors and lenders, the release said.
“As we continue to transition our company leadership, I am excited for Scott to add the role of president to his CFO responsibilities. His deep understanding of our business lines, projects and finances, coupled with his common-sense approach to meeting business challenges, gives me great confidence in our future,” said Randy Woodbury, vice chairman of Woodbury Corp.
“It’s an honor to have Scott as a member of our executive team. He has been a huge part of our success over the last decade,” said Taylor Woodbury, CEO of Woodbury. “During his time as CFO, he has negotiated and overseen the closing of over $7 billion of commercial debt across over 550 loans and 70 different lenders. He’s done this while exemplifying the fairness and integrity that is so important to our organization. I know he is well-respected in the commercial lending community. We’re so fortunate to have him helping us in what is one of the most critical aspects of our business.”