Jan 2005 - Present
Jan 1989 - Jan 2005
Sterling Acceptance Corporation/D&M Industries
Professional and Educational Networking
Hobbies & Interests Fly Fishing, Hiking, Hunting, Theater Musical, Symphony and Opera
An executive with long experience in the private sector, Michael R. Mace was chosen in 2005 as president of RockyMountainCollege specifically because of his business acumen. The private, liberal arts school in Billings, Montana had suffered five consecutive years of budget deficits but during his tenure Mr. Mace has engineered a remarkable financial and academic turnaround at the school. Within a year and a half, Michael Mace had eliminated RockyMountainCollege’s operational deficit and reduced the college’s overall debt by 20%. Before he came to RockyMountainCollege, Michael Mace had spent more than 15 years as the founding partner of Sterling Acceptance Corporation/D&M Industries, one of the nation’s leading value-added manufacturers and distributors of doors, windows, and other building supplies to residential and commercial clients. His accomplishments at D&M Industries include presiding over a 12% annual revenue growth rate and growing earnings per share by more than 21%. He also helped pioneer the key-card lock movement in the American hotel and lodging industry. In 2005, he sold D&M Industries and was named president of RockyMountainCollege, whose Board considered the business sector its best resource for leadership in helping the college overcome its persistent budgetary and accreditation issues. Through a combination of administrative savvy and financial expertise, he has helped RMC balance its budget, reaffirm its accreditation, and increase enrollment by 59%. He will be retiring from the RMC presidency in 2013 in order to re-enter the private sector. Alongside his work with RMC, Mr. Mace stays involved in his local community. A former board member of St. VincentHospital, he works closely with charities such as the American Cancer Society, the Boys and Girls Club, and the Peace Institute. Mr. Mace holds a Bachelor’s degree in Business Administration with a focus in accounting and finance from MontanaStateUniversity. A graduate of the Minnesota Executive Program at the University of Minnesota’s CarlsonGraduateSchool, he has also completed an Institutional Education Management program at Harvard’s Graduate School of Education.
• Past Board Member – St. Vincent Hospitals – Sisters of Charity – Leavenworth Kansas• Chairman – Rocky Mountain Technology Foundation – Billings Clinic/ Rocky Mountain College• Past Board Member /Past President – Montana Captive Insurance Association• Past Board Member – Big Sky Economic Development Commission• Past Board Member – Yellowstone Art Museum • Previous Trustee – Rocky Mountain College• Past Board Member – Rocky Mountain Bank – Member Heartland Financial Inc. Dubuque, Iowa• Past Board Member – Guardian Technologies; traded on the New York Stock Exchange• Member – Cosmos Club; Washington DC
Sterling Acceptance Corporation/D&M Industries - Founding Partner