About
Todd A. Wyett
Principal
Todd A. Wyett began his career in the corporate department of Weil, Gotshal & Manges, a global law firm in New York City after graduating from Georgetown University Law School in Washington, D.C. He later served as Vice President, General Counsel and Secretary for Arbor Drugs, Inc., a publicly held chain of more than 230 stores acquired by CVS in 1998 for $1.5 billion.
With a diversified approach that mirrors VERSA Development’s strategy, Wyett has been active in real estate development, land entitlement and property management since 1995.
Wyett specializes in land and infrastructure development of industrial, commercial and multi-family residential properties, and has created Michigan and Ohio projects exceeding $200 million in value. Developments include several large industrial parks, mixed-use projects, shopping centers and build-to-suit credit tenants (CVS, Walgreens, Starbucks, etc.).
Public service positions include:
Served on the board of Detroit Public Television from 2011 – 2020
Appointed by Gov. Rick Snyder in January 2011 to the Michigan State Transportation Commission, whose role is to develop and implement policy and transportation plans for the Michigan Department of Transportation (MDOT). Served until April 2023, including eight years as its chairman.
Served on the board of Detroit Public Television from 2011 – 2020
Appointed by Gov. Rick Snyder in January 2011 to the Michigan State Transportation Commission, whose role is to develop and implement policy and transportation plans for the Michigan Department of Transportation (MDOT). Served until April 2023, including eight years as its chairman.
Currently a member of the Board of Trustees of the Henry Ford Health System Foundation.
Appointment by Gov. Jennifer Granholm in 2008 to the Michigan Economic Development Corporation (MEDC) board and executive committee, where he served until December 2010. In this oversight position, Wyett helped shape policies for state site location assistance, job training grants, tourism promotion and business retention, expansion and relocation projects.
Appointment by Gov. Jennifer Granholm in 2008 to the Michigan Economic Development Corporation (MEDC) board and executive committee, where he served until December 2010. In this oversight position, Wyett helped shape policies for state site location assistance, job training grants, tourism promotion and business retention, expansion and relocation projects.
Appointment by Gov. Granholm to the Michigan State Waterways Commission from 2005-07, including a year as its elected chairman.
Wyett graduated from Milton Academy in Massachusetts and Swarthmore College in Pennsylvania. He previously served on the Board of the Founders Junior Council at The Detroit Institute of Arts.
Wyett graduated from Milton Academy in Massachusetts and Swarthmore College in Pennsylvania. He previously served on the Board of the Founders Junior Council at The Detroit Institute of Arts.
Gregory J. Erne
Principal
Professionally, in his 28 years in the real estate and hospitality industry, Greg has developed, acquired and managed over 18 million square feet of real estate assets and played a key role in over $1 billion in transactions including retail centers, hotels, medical centers, seniors housing and office developments throughout the Midwest and Hawaii. Greg has held key management positions in organization sizes ranging from small entrepreneurial enterprises to large corporations. With Versa, Greg leads the multi-tenant, development and re-development platforms. Active projects are in Hawaii and Michigan, including office, medical office, retail redevelopment, both acquisition and development.
Outside of his professional duties, Greg remains active locally in non-profit organizations such as HAVEN and Cystic Fibrosis, giving his time and energy to specific causes. Part of Greg’s philosophy of giving back with his skill set is taking on a major project for non-profit organizations pro-bono. In 2014, he was the project manager of HAVEN’s state of the art Family Justice domestic abuse shelter, which was constructed ground up in Pontiac, Michigan. One of Greg’s current pursuits is creating affordable housing projects in Michigan to help create housing communities for people of lesser means to live with dignity and comfort, and within good design.