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 RELOR, 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.
For more information, visit
http://www.longandfoster.com/About_Us/Executive-Team.aspx