Birmingham, AL, November 6, 2007, Daniel Corporation announced today that Scott Pulliam has been named as Senior Vice President, Chief Investment Officer for the company. In this position Pulliam will assume primary responsibility for Daniel’s Investment Committee and investment management process. As Chief Investment Officer, Pulliam will be part of the executive management group for Daniel.

 

Pulliam will be responsible for raising debt and equity capital, capital market activities, financial engineering and other deal-structures for Daniels’ properties and portfolio assets. As CIO, Pulliam will also oversee the Investment Group and all due diligence processes related to investment and development projects, as well as assist in identifying, negotiating and recommending the acquisition of and/or investment in real estate properties. 

 

“The growth of our portfolio coupled with our larger more complex development projects has generated a need for a strong senior level investment officer,” stated Chris Brown, President of Daniel Corporation. “Scott has a proven track record in producing and managing many types of real estate investments. Scott’s solid reputation, integrity and business principles are perfectly aligned with Daniel’s culture and business philosophy,” Brown further stated.  

 

Pulliam joins Daniel from Compass Bank where he served as Senior Vice President, Production Manger in the Commercial Real Estate Department since 1999. In that role he closed and serviced over $1.3 billion in loans while generating fee income from derivatives, insurance and cash management services for the bank. Prior to Compass, Pulliam was vice president at Laureate Realty Services, Inc, where he was responsible for originating long-term permanent financing for developers and owners of commercial real estate properties and was involved in the acquisition and disposition of real estate assets. 

Pulliam is a 1989 graduate of Birmingham-Southern College with a Bachelor of Science in Economics. He started his banking career at Amsouth Bank in the commercial real estate department from 1989-1996.