Carol Worsham

President and Chief Executive Officer

Carol Worsham began her property management career in 1978 and has worked as president and CEO of Winterwood, Inc since 1980. Carol is also a member and former president of the Board of Directors for the Kentucky Affordable Housing Association and a member of the Kentucky Governor’s Housing Policy Advisory Committee.

Carol holds an accounting degree as well as Certified Professional Compliance designation as awarded by The Spectrum Companies, and Housing Credit Certification Professional designation as awarded by Theo Pro Compliance and Consulting, Inc. She completed numerous courses and trainings, including HUD and Rural Development seminars on subsidized housing, Spectrum Seminar, HUD and Kentucky Housing Corporation on Fair Housing and Equal Opportunity training sessions.

She also completed Institute of Real Estate Management courses, including Marketing and Leasing Multi-Family Properties and Investment Real Estate – Financial Tools and Property Management Plan – IREM Model. Currently, Carol is responsible for the entire oversight of each Winterwood, Inc property, with hands-on financial planning and execution to maximize the potential of each development. Additionally, she collaborates and networks with community housing advocates to assist in the preservation of affordable housing.

Morten Lillelund

Chief Operating Officer

Morten Lillelund joined Winterwood, Inc’s executive team in the Spring of 2009 with an impressive background in corporate operations. From 1984-1993, Morten held various positions within public accounting, telecommunications, manufacturing and information technologies. From 1993-2008 Morten worked for Lexmark International, Inc., holding several positions, including Country Manager, EMEA CFO, Director of Corporate Planning, and Global Shared Service Center Director. He also completed the Lexmark Senior Management Training for Executives.

In 2008, Morten worked for Amazon.com as the Global Shared Service Director. He holds a graduate degree in economics, has attended Best Practice Finance conferences and boasts extensive training and experience in Executive Public Speaking. Currently, Morten is propelling Winterwood, Inc’s growth with an emphasis on creativity, innovation and efficiency.

Patrick Cox

Chief Financial Officer

Pat Cox joined Winterwood, Inc. as Chief Financial Officer in May, 2010. Over the previous 15 years, Pat held various positions within Accounting and Finance at Lexmark International, Inc. He most recently served in a leadership role on Lexmark’s Global SAP implementation and Business Transformation effort. As CFO, Pat is charged with leading the Winterwood Finance team in an effort to implement and maintain industry best practices in its accounting and finance operations. Pat holds an MBA and Bachelors degree from the University of Kentucky and he passed the CPA exam in 1996.

Fred Worsham III

Asset Manager

Education
• University of Kentucky
• Certified Occupancy Specialist - 2007 (current)
• Spectrum Seminar Courses on FmHA/USDA Rural Development
• Various Kentucky Housing Conference seminars and courses
• Licensed Real Estate Agent
Professional Work Experience
• Worked for Winterwood since 2000 in every aspect of the company
(Administrative, Accounting, Field, Human Resources, etc.)
• Director of Corporate Operations from 2009 until 2010. Now serves as an Asset Manager
• Currently oversees the financial and physical aspects of a large portfolio of properties.

Bill Martin

Director of Human Resources

Bill Martin joined Winterwood, Inc. in November 2010 and assumed the role of Director of Human Resources in February 2011. Over the past 16 years Bill has held various positions in both accounting and human resources. He began his career at Lexmark International, Inc. and worked there for 14 years. His background at Lexmark included accounting, management, ERP implementations, human resource management, international assignment, and other special projects.

In Bill’s last 3 years at Lexmark he held the position of Human Resources Manager for the Latin America division based in Miami, FL and as a Human Resources Generalist as a business partner for multiple divisions at the corporate office in Lexington, KY. Most recently Bill was a Human Resources Manager at Lexington-Fayette Urban County Government. Bill received an MBA from Xavier University and a Bachelors degree in Accounting from Georgetown College.

Currently at Winterwood, Bill is responsible for transforming and leading the Human Resources function into a strong business partner and customer service organization for Winterwood and its employees.

Bryan Lloyd

Director of Development & Operations

Bryan is originally from North Carolina where he attended the University of North Carolina at Chapel Hill. After UNC Bryan went on to be an Air Traffic Controller in the United States Air Force. He was one of the top military air traffic controllers and was highly awarded in his field. After the USAF Bryan moved to Lexington KY to be close to his family. Bryan came to Winterwood after a 12 year career with a major investment firm here in Lexington KY. Bryan began with his career with Winterwood in January 2007.

He works as the Director of Development and Operations having overseen the rehab of more than 20 million dollars of rehab projects in just 4 years. He also works with our office staff here in Lexington to manage the day to day operations and workflow of our offices.