Chief Executive Officer, Founder, and Owner of Glenmark Holding Limited Liability Company
As CEO, Mr. Nesselroad has overall management responsibility for the company, its operating divisions, affiliates, and subsidiaries. In 2011, Mark celebrated 27 years in business. He launched his first business venture in 1984 with the purchase of The Willows Nursing Home in Parkersburg, WV. By 1995, as CEO and co-founder, Mark had grown Glenmark Associates, Inc. into the largest nursing home and related ancillary service company in West Virginia. In 1995, the company sold its healthcare holdings to Multicare Companies, Inc. while keeping its construction and development arm, Glenmark Holding, Limited Liability Company. During the two-year time span from 1995 through 1997, Mr. Nesselroad served as both CEO of Glenmark Holding Limited Liability Company and Senior Vice President of acquisition and development for Multicare Companies, Inc., a NASDAQ Exchange Company. In 1997, Multicare sold its stock to Genesis Health Ventures. This sale allowed Mr. Nesselroad to focus and devote all his talents on the growth and expansion of Glenmark Holding and its development, acquisition, and venture activities.
Mr. Nesselroad’s visionary approach and innate ability to always move forward have transpired into the continued success of the company. Glenmark Holding Limited Liability Company has grown from $23.3 million in assets in 2000 to over $84.3 million in 2010 with over 600,000 square feet of owned properties. The company boasts an annual growth rate of 26.2%. Mark R. Nesselroad and Glenmark Holding Limited Liability Company have made a responsible and innovative impact on the community. In 2000, Mark’s visualization of what the Wharf District of Morgantown could become began to turn into a realization. Through responsible development, the company transformed a run-down area into a profitable and aesthetically pleasing district. The United Center, located at 1085 VanVoorhis Road, Morgantown, WV is an excellent example of efficient use of costly acreage. This class A high-rise structure provides a much needed 78,500 square feet of business space in a densely populated section of town. With the Cheat Lake area of Morgantown becoming more densely populous, Mark recognized a mounting need for retail opportunity; henceforth the Glenmark Centre. Completed in 1999, this Glenmark Holding project was the first large-scale shopping area to be constructed in the Cheat area. The Sabraton area of Morgantown continues to be grown and enhanced through Mark and Glenmark Holding; the latest improvements being the USDA/GSA professional offices, the MedExpress national headquarters and the Suburban Extended Stay Hotel.
Mr. Nesselroad is responsible for the inception of the ever-evolving Mylan Park, a community non-profit recreational and educational campus. He served as Board President of the Park from its start in April of 2000 and held that role through enormous growth over the next nine years. Mylan Park is currently the largest and most diverse special event venue in North-Central West Virginia. Mark continues to serve as a board member of the Park. Mr. Nesselroad also serves on the Board of Directors of United Bankshares Inc., and on the WV United Health System Board. A Morgantown native, Mark is married to his wife Peggy. They have two children.