Governance at a Glance
|Nominating and Corporate Governance
Patrick Beirne is an independent director of the Company. Mr. Beirne is a homebuilding executive with nearly three decades of experience and a track record of operational excellence and sound strategic planning for businesses that require infrastructure and business development. Mr. Beirne is currently President of Nelson Pipeline Constructors, a leading utility contractor specializing in the construction of underground sewer, water, and storm sewer pipelines. Prior to working at Nelson Pipeline Constructors, he worked at Pulte Group, Inc. for 29 years in various roles, including Central Area President. As Central Area President, and a member of Pulte Group’s executive team, he helped develop strategies for the firm’s long-term vision, oversaw operations in 10 states, and consistently grew the operation faster than other Pulte operations. Mr. Beirne earned a BS degree from Michigan State University, is a Licensed General Contractor (Florida), and is active in many community and charity organizations.
Mark W. Harding
Mark W. Harding joined Pure Cycle in 1990. During his tenure, Mr. Harding has been responsible for the acquisition of over $100 million of water and land interests. He serves as a director on several advisory boards relating to water and wastewater issues in the Denver region and is charged with identifying ways in which Colorado can address the water shortages facing Front Range cities. Mr. Harding holds a Bachelor’s in Computer Science and a Master’s in Business Administration, each obtained from the University of Denver.
Peter Howell is an Independent Director of the Company. Mr. Howell was appointed to fill a vacancy on the board in February 2005. From 1997 to present, Mr. Howell has served as an officer, director, or advisor to various business enterprises in the area of acquisition, marketing, and financial reporting. From August 1994 to August 1997, he served as the Chairman and Chief Executive Officer of Signature Brands USA, Inc. (formerly known as Health-O-Meter), and from 1989 to 1994 served as Chief Executive Officer and a director of Mr. Coffee, Inc. Mr. Howell is a member of the board of directors of Great Lakes Cheese, Inc., a privately held company. He also spent 10 years as an auditor for Arthur Young & Co. (now Ernst & Young). Mr. Howell received an MA in Economics from Cambridge University.
Wanda J. Abel
Wanda J. Abel is an Independent Director of the Company. Since 1993, Ms. Abel has been a partner at the law firm of Davis Graham & Stubbs LLP, a Denver, Colorado-based firm, where she began as an associate in 1986. She has served as corporate counsel to the Company since 1990 and as securities counsel from 1990 to 2020. In addition, she has represented both public and private companies in securities matters, mergers and acquisitions, complex commercial agreements, financings, and ventures, and served as in-house counsel for an NYSE listed company. Ms. Abel received a Bachelor of Arts degree and a Master of Library Science from Indiana University and a Juris Doctor degree from the University of Colorado Law School. In determining Ms. Abel’s qualifications to serve on the board of directors, the board has considered, among other things, her expertise in securities law, corporate governance, and complex commercial agreements, in particular her extensive knowledge of and experience with our State Land Board Lease and the other Rangeview Water Agreements.
Jeff Sheets is an Independent Director of the Company. Mr. Sheets has been a real estate development executive for over 35 years, specializing in commercial real estate. He has extensive knowledge in office, retail, industrial flex development, land development, master planning, and entitlements for both residential and commercial projects, land acquisitions and property assessment. For the past 29 years, Mr. Sheets has been a Vice President at Koelbel & Company, a private Colorado commercial and residential development company, and has been involved in projects throughout the Front Range of Colorado. He earned an undergraduate degree from Westmont College in Santa Barbara and a master’s degree from the University of Denver.
Fredrick A. Fendel III
Fredrick (Rick) A. Fendel III is an Independent Director of the Company. Mr. Fendel brings over 40 years of water rights legal experience to the Board, representing the Company in its water rights matters for the past 18 years. Mr. Fendel retired from his law practice in 2020 and was elected to the board of directors in 2021. Mr. Fendel received a BA degree from the University of Colorado and a JD degree from the University of Michigan Law School.
Daniel R. Kozlowski
Daniel R. Kozlowski is an Independent Director of the Company. Mr. Kozlowski is the founder and managing member of Plaisance Capital LLC, which is the company’s largest shareholder. Mr. Kozlowski brings more than 20 years of institutional investing experience to the Board having worked at Janus Capital Corporation as a portfolio manager of approximately $4 billion of capital in the Janus Contrarian Fund. Mr. Kozlowski earned a BBA from the University of Miami and an MBA from the University of Chicago’s Booth School of Business.