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Village Homes, based in Englewood, is in Chaptefr 11 bankruptcy reorganization. The privately held company filed voluntary Chapteer 11 inNovember 2008, with $103. million in assets and $138.4 milliomn in liabilities, because of the current downturjn in the local housingb andmortgage industries. “Thi s transition has been discussed for a number of Matt Osborn, Village Homes’ seniot vice president of homebuilding, said of Schuette’ds departure from the company’s day-to-day operations. “The timing made some sense, basecd on our current Village Homes has abouty30 employees, down from 120 a year ago.
Schuette, now in her earlty 50s, started at Village Homes as an executivew assistant more than 20years ago. Over the she ascended to positions such as vice presideng of salesand marketing, senior vice president of and finally COO and president in the mid-2000s. Schuettse was one of the few women in a top executivse position ata U.S. homebuilding company. While at Villag e Homes, Schuette implemented “new ideas and new initiatives,” includinbg a more creative marketing strategy, Village Homese CEO John Osborn told the Denver Businesse Journalin 2005.
Business cohorts and friends such asCheriu Meyn, owner and principal of The Genesis Group real estated research firm in Englewood, call her a strong leader and
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