Ball Ventures Announces Promotion of Executives and Interim CEO
Ball Ventures Announces Promotion of Executives and Interim CEO
IDAHO FALLS, Idaho, April 1, 2024 – Ball Ventures, LLC is pleased to announce Tahri Molifua and Kimberly Meyer have been promoted to Co-Managing Directors and Board member Rick Bozzelli has begun serving as Interim CEO. Molifua was most recently Ball Ventures’ President of Real Estate and Meyer its CFO. Both will continue to serve in these capacities in addition to their Co-Managing Director duties.
Molifua joined Ball Ventures in 2012 to lead the asset management functions for its real estate holdings and has provided strategic leadership and capital allocation to help grow Ball Ventures’ business pursuits. He holds a Master’s degree in Real Estate from Cornell University and a Bachelor of Science degree in Communications from Brigham Young University-Idaho.
Meyer came to Ball Ventures in 2023 as its first Chief Financial Officer after serving as the CFO of Billingsley Company, a family real estate development company, for 20-years. Meyer was instrumental in her former company’s success, which experienced 5.3x growth during her tenure. She graduated from the University of Texas and received her Texas CPA designation in 1993.
Molifua expressed that, “the quality of our people at Ball Ventures is at the core of our success in the past and our growth strategy for the future. I appreciate the opportunity to build on the foundation that Cortney Liddiard and Allen Ball, our founders, have laid.” Meyer added, “Ball Ventures is well-positioned for continued growth in the coming years. I look forward to working with our phenomenal partners and employees to build on the 22-year foundation that has shaped our company.”
Prior to Bozzelli’s retirement from TAB Bank, where he served as Chairman, President, and CEO, he had nearly four decades of executive leadership experience in family owned privately held conglomerates. This includes most recently serving as CFO and Treasurer of FJ Management (FJM), a family-owned conglomerate, comprised of investments in multiple industries. Bozzelli earned a Bachelor of Science from The University of Alabama, completed the Master’s in International Tax Program at New York University and the Executive in Residence Program at Birmingham Southern College.
“As a Board member, I’ve seen first-hand the passion and determination of the Ball Ventures leadership team, which is at the core of why our Board and the Ball family are so committed to our continued growth,” explained Bozzelli. “I’m excited to be an integral part of continuing that culture during this next chapter for Ball Ventures.
As a part of the transition plan that has been in process for several months, the Ball Ventures Board of Directors has engaged Russell Reynolds Associates, an executive recruiting firm, to conduct a search for the next CEO. Cortney Liddiard, Ball Ventures’ CEO of 22-years, will work closely with Molifua, Meyer, Bozzelli, and the Board through this transition.
About Ball Ventures, LLC
Founded by Allen Ball and Cortney Liddiard in 2002, Ball Ventures is an entrepreneurial real estate development and investment firm with diversified assets in real estate, private company principal investing and ownership, and in private equity fund investments. BV has a team of more than 70 talented employees and investment professionals. They are responsible for projects in 17 states and through various partnerships are responsible for generating employment for over 1,000 Idahoans and another 600+ out-of-state workers.
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Media Contact
Amanda Logan, Director of Public Affairs
amanda@ballventures.com
208-656-7074