MCS, a national property preservation company founded in 1986, has hired finance veteran Charlie Plummer as its new CFO, where he will be responsible for the day-to-day operations of the MCS Finance & Accounting Team, while working closely with leadership on strategic planning and growth strategies. Plummer will report directly to Craig Torrance, CEO at MCS, and will serve on the company’s Executive Team.
“The opportunity to partner with the talented MCS leadership team and support their vision for strategic and profitable growth is what appealed most to me,” said Plummer. “I look forward to applying the customer-focused finance approach I’ve developed throughout my career to my new role as CFO at MCS, while developing a high-performing finance team that boosts the Company’s strategic long-term plans.”
Plummer brings more than two decades of transformative finance leadership to MCS, having most recently served as CFO for Camin Cargo Control Inc., a provider of lab testing and inspection services to the oil and gas industry.
“Charlie has over 20 years of finance experience, having served in leadership positions at organizations ranging from Fortune 500 companies like Ford Motor Company and Thermo Fisher Scientific, to CFO roles at successful middle-market businesses,” said Torrance. “His experience and in-depth knowledge has helped organizations deliver on their financial expectations and we’re thrilled to welcome him to the MCS leadership team during this exciting time in the Company’s evolution.”
Continued growth for MCS
The appointment of Plummer to the role of CFO represents the latest growth announcement for MCS, following the company’s recent acquisition of leading property preservation company Five Brothers Asset Management Solutions.
Headquartered in Warren, Michigan, Five Brothers offers a variety of regulatory-compliant default, rental and REO residential and commercial property preservation services, including services for the reverse mortgage industry which will be a new market for MCS. The family-owned Five Brothers has been in existence for more than five decades, and has built a nationwide network of field professionals delivering services designed to maximize asset value and returns for owners, while leveraging technology to ensure compliant and efficient service delivery.
In addition to the Five Brothers acquisition, MCS has opened a Service Center in Memphis, Tennessee, the latest addition to the company’s growing network of self-performing capabilities supporting all facets of the default mortgage, property preservation, commercial and residential rental segments. MCS now has “boots-on-the-ground” representation in 25 markets across the country, plus an extensive network of 30,000 third-party service partners to address property maintenance requests for its growing client base.
The new MCS Tennessee Service Center provides field services for the company’s regional single-family rental (SFR) clients, as well as its commercial and mortgage business lines. The Service Center enter is based in Memphis, but serves the surrounding areas east to Nashville and west to Little Rock, Arkansas, with plans to continue expanding its coverage area throughout the region.
Chad Henry has been appointed as Tennessee Market Operations Director to oversee the new location, bringing more than two decades of construction industry experience to his new role with MCS, including owning his own construction business in the Memphis area for the last seven years, as well as previously owning a construction company in Jackson, Tennessee. He has been in the SFR business for several years and has a strong background in residential construction, including framing, electrical, plumbing, roofing, flooring, painting, drywall, and landscaping.
