Chairman and CEO of BBX Capital Corporation
Alan B. Levan serves as Chairman and CEO of BBX Capital Corporation (OTCQB: BBXT; BBXTB), formally BFC Financial Corporation. Mr. Levan has also served as Chairman and Chief Executive Officer of Levitt Corporation (formerly NYSE: LEV), and Chairman of Bluegreen Corporation (formerly NYSE: BXG).
Throughout his career, spanning more than four decades, Mr. Levan has served as Chairman of four New York Stock Exchange listed companies and been a driving force in raising more than $2 billion in debt and equity. In 1971, at the age of 27, he founded IRE Financial, the predecessor to BBX Capital Corporation, formerly BFC Financial Corporation, and over the next ten years, raised hundreds of millions of dollars and built a national portfolio of real estate exceeding $1.5 billion in value. Mr. Levan spearheaded the acquisition and development of several master-planned communities including tens of thousands of square feet of commercial space, shopping centers and homes. After acquiring control of BankAtlantic in 1984, Mr. Levan built the company into a 100-branch, $6 billion Florida Banking franchise and later led its sale to BB&T. As a director of Benihana, Inc. (formerly listed on NASDAQ: BNHN), Mr. Levan managed the sale of the company. Benihana grew from $2 per share, to a $16.30 per share acquisition deal price. Under his leadership, BBX Capital and BFC Financial have invested in and acquired businesses in banking, retail brokerage and investment banking, timeshare, real estate and other sectors.
Mr. Levan is a member of the Nova Southeastern University (NSU) Board of Trustees, Chairman of the Finance Committee, and Co-Founder and Co-Chairman of the Susie and Alan B. Levan NSU Ambassadors Board. He is Founder and Chairman of the BBX Capital Foundation (formerly BankAtlantic Foundation), which has contributed over $15 million to the South Florida community and is one of Broward County’s largest Habitat for Humanity supporters. He is currently a member of WPO, the successor organization of Young Presidents Organization (YPO). Mr. Levan has received Habitat for Humanity’s Spirit of Humanity Award, NSU’s Entrepreneurship Hall of Fame Award, Greater Miami Chamber of Commerce’s Cutting Edge Award, Sun-Sentinel’s Excalibur Business Leader of the Year Award, and Ernst & Young’s Entrepreneur of the Year award for Florida.