Larry S. Wechter, Founding Managing Director
Since Monument was founded in 1996, Mr. Wechter has been responsible for the overall management of Monument and has been active in the sourcing, negotiation, underwriting, closing and disposition of MCP1 and MCP2 investments while executing management-led, leveraged buyouts and recapitalizations.
Prior to founding Monument, Mr. Wechter was a founder and served in the Office of the Chairman as President and Director of ADESA Corporation (NASDAQ: SOLD), the second largest auto auction chain in the world and the largest used car floor plan finance company in the U.S. ADESA currently trades on the New York Stock exchange (NYSE: KAR).
Mr. Wechter serves as the Chairman of the board of Foam Rubber Products, LLC, Felins USA, Inc., and Instrument Development Corporation, Inc, all portfolio companies of MCP2. Mr. Wechter has served on the board of Finish Master, Inc. (NASDAQ:FMST) and Crossmann Communities, Inc. (NASDAQ:CROS), where he chaired various committees including compensation, independence, and audit committees. Mr. Wechter serves on the board of the Ball State University School of Entrepreneurship, the Midwest Entrepreneurship Education Association, and the Indiana University’s Johnson Center for Entrepreneurship and Innovation. Mr. Wechter has been active in all portfolio companies of MCP1 and MCP2. Mr. Wechter has a B.S. from Ball State University and is a CPA and has previously held his NASD Series 7, 24, 27 and 63 securities licenses.
Larry S. Wechter