Chair’s Circle


Roger Boyer


Brad Holmes


Clark Ivory


Ellis Ivory


Michael Morris

Board Chairman

Rick Woodbury


Roger Boyer

As Chairman of The Boyer Company, Roger serves as a director and advisor to The Boyer Company. Under Roger’s direction The Boyer Company has developed more than 30 million square feet of commercial projects throughoutthe Intermountain West, including office buildings, shopping centers, medical offices, hotels, apartments, and special use facilities. Roger has served in numerous community positions such as the Utah Arts Council, Pioneer Memorial Theater (Chairman, 1984–1986), United Way (Chairman, 1985–1986), Salt Lake Area Chamber of Commerce (Chairman, 1986–1987), Salt Lake Public Utilities Advisory Board, Utah Division of Business and Economic Development Board (Chairman 1989–1991), Economic Development Corporation of Utah Board, Salt Lake Convention and Visitors Bureau Board and the Federal Reserve Board (Salt Lake Branch, Chairman 2003–2005). Currently he is on the University of Utah Hospital Advisory Board, University of Utah National Advisory Committee, ARUP Laboratories Board and is a Trustee at the University of Utah.

Roger received his Bachelor of Science at the University of Utah in Salt Lake City, Utah and his Master of Business Administration at the Harvard Graduate School of Business Administration in Boston, Massachusetts.

Developer. Builder. Competitor. Biker. Runner. BYU Grad (Accounting). Back-Country Snowmobiler. Backpacker. Dad. Husband.


Brad Holmes

As president for Larry H. Miller Real Estate (LHMReal Estate), Brad oversees development, construction, and management of properties owned and operated by the Larry H. Miller Company.

Brad also leads LHM Real Estate’sexpanding efforts to identify, acquire and develop properties that strengthen the health of the surrounding community and enhance the prosperity and day-to-day lives of Utahns. The latest examples areLHM Real Estate’sacquisition of the nationally renowned Daybreak communityin 2021 and Destination Homes in 2022.

With a master’s degree in real estate development from the University of Utah, Brad has two decades of construction and property management experience. Prior to joining LHMReal Estatein 2012, Brad managed residential sales and construction at Holmes Homes for over 12 years.

This breadth of experience, both in residential and commercial development, gives Brad a well-rounded perspective on the needs of tenant businesses, development partners, homebuilders and homeowners —a perspective that naturally produces exceptional outcomes for all stakeholders.

Brad’s free time revolves around the game of golf, a love he readily shares with his four children, Haylee, William, Annie, and Thomas. Brad lives in South Jordan, Utah with his wife Sunny.

Career Highlights:

  1. Acquisition and strategic growth plan for the nationally renowned master-planned community ofDay break located in South Jordan, Utah.
  2. Acquisition and strategic management for Destination Homes a Utah-based homebuilder.
  3. Managed award-winning renovation of Vivint Arena located in Salt Lake City, Utah.
  4. Managed 115 properties throughout the western United States representing $1 billion in total asset value.


Clark Ivory

Clark has been the Chief Executive Officer of Ivory Homes, Salt Lake City, Utah since 2000. Ivory Homes has been Utah’s Number One Homebuilder for 29 consecutive years, having sold over 18,000 single-family homes.In 2006 Clark formed ICO which has become one of Utah’s largest apartment builders and property management companies.

Clark was a director of the Salt Lake City branch of the Federal Reserve Bank of San Francisco from 2006 to 2011 and served as chairman of the Salt Lake branch for three years. He served on the University of Utah Board of Trustees from 2007 to 2014, serving as chairman for five years. Clark is currently co-chairman of the Real Estate Advisory Board to the David Eccles School of Business and serves on the Advisory Board for the Kem C. Gardner Policy Institute.

Clark is the past chairman of the Board of Governors for the Salt Lake area Chamber of Commerce, a past member of the Intermountain Healthcare Board of Trustees and a founding member of the Prosperity 2020 movement that focuses on improving education in Utah for students of all ages.

From 2014 to 2017, Clark served as the president of the Romania-Moldova Mission for the Church of Jesus Christ of Latter-DaySaints. This experience led Clark to establish the Utah-MoldovaBusiness Partnership to help educate and assist young entrepreneurs in navigating the hurdles of starting a business in Eastern Europe.

Clark D. Ivory graduated from the University of Utah with a BA in Political Science in 1988. In 1992 he received an MBA from Harvard Business School.Clark and his wife Christine reside in Holladay, Utah and are the parents of four daughters and one son. Clark enjoys spending time with his family, playing golf and tennis with friends, and traveling with his wife.


Ellis Ivory

In 1964, after his graduation from the University of Utah, Ellis R. Ivory started out in the real estate business. Three years later, Ivory and his brother-in-law, Roger Boyer, formed Ivory and Boyer Company, the original developer of the Bloomington project, south of St. George, Utah.

During the 70s, Ivory prospered in the residential lot business as Ivory and Company, developing 400 subdivisions throughout Utah. Then came 1983, a rough economic time of tough career-altering decisions for Ivory. Before then, Ivory and Company sold allits Bloomington lots to homebuilders. However, with interest rates hitting the roof at 18%, builders were going broke and unfinished homes were being abandoned. Ivory had never wanted to be a homebuilder, but he felt he had no choice but to salvage the subdivisions. In 1983, he built 30 homes.

Five short years of unfailing long days later, Ivory Homes was the number one homebuilder in Utah, a top rank the company has maintained for the past 18 years. In 2000, Ivory sold the business to his son, Clark, who continues to build the Ivory legacy, a legacy that this summer will include the completion of the company’s ten thousandth, (yes that’s 10,000) home.

Ivory currently serves as chairman of the Board of the Deseret News Publishing Company; Vice Chairman of the Newspaper Agency Corporation and Chairman of the Board of Trustees of This is the Place Foundation.He and his wife, Katie, have seven children and 21 grandchildren.


Michael Morris

Michael joined Zions Bancorporation in 2007, where he began in the role of Managing Director, Real Estate Capital Markets. In 2009, he transitioned to EVP of Real Estate Banking, Zions First National Bank. In August, 2013, he assumed the role of CCO, Bancorporation. Prior to joining Zions Bancorporation he was Managing Director for JP Morgan Real Estate, Executive Vice President for Bank One, and Senior Vice President for First Interstate Bank of California. He has overseen several business lines throughout his career such as consumer and commercial loan originations, portfolio management, workouts and syndications.

Michael is the senior credit officer for the enterprise and oversees the credit risk function, which includes key areas such as the credit approval process and policy, credit quality, portfolio stress testing, risk grading, allowance for credit loss, and credit MIS. Michael serves on the following key management committees; executive management, capital management, concentration management, new products and technology, securities oversight and enterprise risk management.

Michael received his Bachelor’s degree from the University of Utah, and attended the Grazadio Graduate School of Business at Pepperdine University. He has served on the boardsof the Utah State Fair, Ballet West, Hogle Zoo and he Chaired the Utah School Trust Lands Board for several years. He currently serves as a director on the Ivory Boyer School of Real Estate at the University of Utah, the Thunderbird Foundation, a Utah non-profit, and as a director of the Salt Lake Country Club.

Board Chairman

Rick Woodbury

W. Richards Woodbury served as President/CEO of Woodbury Corporation for 31 years until 2011. He then served as a Mission President from 2011-2014. He returned to again take an active role in real estate development and management at Woodbury Corporation and is currently board chairman.

He is an active partner/member in more than 150 real estate properties. Some of Woodbury Corporation’s projects include University Mall (Place) in Orem, The Meadows in American Fork, Canyon Creek Shopping Center in Spanish Fork, the Utah Valley Business Park in American Fork, Magic Valley Mall in Twin Falls, Sandy Park office buildings, eight office buildings at the University of Utah Research Park and fourteen hotels. He has also been an active Investment Committee member in three private entity equity real estate funds.

Rick has been active in trade association activities, serving as past chair of both the Public Policy Coordinating Committee and the Federal Tax Committee of the National Association of Realtors, and past state chairman of the International Council of Shopping Centers. He is also a member of NAIOP, the Urban Land Institute and the Utah and American Bar Association.

Rick graduated from University of Utah Magna Cum Laude with a B.A. in Economics (1973), and then earned both MBA and JD degrees from Harvard University (1977). He chaired the Utah Valley University National Business Advisory Board in 2004 and has actively participated on said Board from 2001 to present. Rick currently serves as a Trustee of the Utah School & Institutional Lands Administration. He has taught or lectured at UVU, BYU, Westminster and the University of Utah.

Executive Committee

Founder and Co-Managing Partner

Michael Augustine

Executive Director

Dana Baird

Chief Operations Officer

Nate Ballard


Scott Bates


Andrew Bybee


J. Philip Cook

Chief Real Estate Officer

John Creer

Co-Founder & Managing Director

Rocky Derrick

Executive Vice President / COO / CFO

Lee B. Dial

Founder and Managing Partner

Jeff Duke


Fred Fairclough, Jr.

President and COO

Rob Fetzer

Nevada Regional President

Marlise Fisher

Director of Development

Jeff Gochnour

Senior Managing Director

Dusty Harris

First Vice President

Barb Johnson

Sales Director

Ronda Landa


Timothy Mitchell