Wurtsbaugh Bio

Michael J. Wurtsbaugh joined the Michelson Organization in 2002 as Vice President after working as a consultant for FanZ Enterprises, Inc., a NASCAR team and merchandising company. Prior to joining FanZ, Mr. Wurtsbaugh was Vice President – Finance and Acquisitions and Chief Investment Officer for The Medve Group, Inc., a St. Louis, Missouri – based private investment company and fully-integrated developer/owner/manager of commercial real estate on a national basis. At Medve, Mr. Wurtsbaugh was responsible for investment management, banking relationships, project financing, acquisitions and dispositions, project coordination, due diligence, legal matters and tax planning. During his tenure, Mr. Wurtsbaugh negotiated and consummated approximately $135 million of portfolio transactions. In addition, he arranged and negotiated approximately $175 million of financing, including senior, subordinated and mezzanine positions. Prior to Medve (from 1993 to 1997), Mr. Wurtsbaugh was Vice President/Sr. Relationship Manager for Mercantile Bank of St. Louis, National Association, in St. Louis, Missouri. Relationship management responsibilities for the approximately $30 billion regional bank included new business development and portfolio maintenance for a portfolio of approximately $125 million in loan commitments. Awarded "Deal of the Year" in 1995, for a proactive $35 million syndicated credit facility he established for a strategically important relationship. Mr. Wurtsbaugh also conducted due diligence reviews of acquired banks for the bank holding company. Prior to Mercantile (1986-1993), Mr. Wurtsbaugh was in commercial banking for regional commercial banks in the Chicago Illinois Metro market and was a Bank Liquidation Specialist for the Federal Deposit Insurance Corporation. Mr. Wurtsbaugh earned an MBA from the Graduate School of Business, Eastern Illinois University, Charleston, Illinois and a B.S. in Finance, with a concentration in Accounting, from Indiana University, School of Business, Bloomington, Indiana.