Randy Klapstein, CEO and Brian J. Stoddard, CA, President & COO. (Photo by Camie Leard)
Carlisle’s philosophy is not new, in fact when the company was originally established this same objective was a guiding principle. The Carlisle Group evolved from Pointe of View, a brand the company operated under for many years. The transition from Pointe of View to Carlisle was to facilitate the introduction of the current president, Stoddard, as a new shareholder, and to take the company in a different direction, which ironically, was a return to its original roots. “Over the years, the company has built in excess of 25,000 condominiums with projects in several locations in Canada and the United States, and we’ve learned that being spread out across several markets is not necessarily better than
concentrating on a few strategic markets,” says Randy Klapstein, CEO, Carlisle Group. “Developments across North America made for some interesting challenges and certainly that was the case when the U.S. market collapsed,” he adds. Klapstein is definitely not one to look back and dwell on the past, but if you press him he will tell you that he watched 80 per cent of the company’s balance sheet evaporate overnight when the U.S. market collapsed. “For a couple of years, there was a period when we were not having any fun,” says Stoddard. “We worked very hard to liquidate projects in a market that was spiralling down-
Carlisle Group | 30th Anniversary | 3