Michael Saunders hires new CFO

SARASOTA — Regional real estate brokerage Michael Saunders & Co. has named Eric Resker as its new chief financial officer, it announced in a news release.

Most recently, Resker was senior vice president of financial operations and revenue management for AIMCO, a real estate investment trust. In 2009, Sarasota County appointed him to the 10-member Budget Oversight Committee to review the county's 2010 budget.

Resker, who holds an M.B.A. in accounting and finance from Fordham University, will handle all of the company's financial operations.

“Drayton and I are exceptionally pleased to welcome Eric at such a pivotal moment in our market's recovery,” says Michael Saunders, CEO of the regional brokerage she founded more than 36 years ago, in a release.

Headquartered in downtown Sarasota, Michael Saunders & Co. closed more than $1.4 billion worth of real estate sales in 2011, the firm says. Through July, it says it has closed nearly $1.24 billion in sales, and expects to finish the year selling more than $2 billion.