P. Wesley Foster, Jr.

P. Wesley Foster, Jr., Chairman and Chief Executive Officer, The Long & Foster Companies.

"P. Wesley Foster, Jr. is founder, chairman and chief executive officer of The Long & Foster Companies —Long & Foster Real Estate, Inc., Prosperity Mortgage Company, Mid-States Title Insurance Agency, Inc., and Long & Foster Insurance Agency, Inc. He founded Long & Foster Real Estate, Inc. in 1968, along with a partner, Henry A. Long. Wes Foster handled the residential real estate arm of the business and Henry Long handled commercial. In July 1979, Mr. Foster became sole owner and Long & Foster has grown to the largest privately-owned real estate company in America. Wes Foster is a founding member of The Leading Real Estate Companies of the World and the Realty Alliance, both of which are trade groups consisting of the nation’s leading brokers.

"Presently, Foster is seated on the board of directors of Lane Construction Corporation of Meridien, Conn. and the George C. Marshall Foundation. He has also served on the board of directors of RELO®, The Leading Real Estate Companies of the World (a global network of large real estate companies), The Greater Washington Board of Trade, Metro Board of Directors of First American Bank of Maryland, and the Board of Directors of First Union National Bank of Virginia. He was named “Entrepreneur of the Year” in 1991 for real estate in the Greater Washington, D.C. area by Ernst & Young and co-sponsors Merrill Lynch and Inc. Magazine. In 1987, Wes Foster was elected Chairman of the Washington/Baltimore Regional Authority and is past Chairman of The Business Development Bureau of The Greater Washington Board of Trade.

"Foster is a 1956 graduate of the Virginia Military Institute and was an Army artillery officer, stationed in Darmstadt, Germany. He functioned in the capacity of Fire Direction Officer of the D. Battery 28th Artillery 8th Division (An Honest John Rocket Battery). He also served as special weapons liaison officer to the German III Corps.

"Foster resides in McLean with his wife, Betty, and they have three grown children and four grandchildren."