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Jim Maginn

President & CEO

Jim joined Watt in 1986 as Chief Financial Officer. In the early nineties he assumed the position of President of Watt Companies. Jim oversaw the acquisition and several JV’s eventually evolving into John Laing Homes which built over 3,000 homes per year. In 2003, Jim established a joint venture, which sought to build a significant national shopping center ownership and management platform in the United States. During the next four years, the venture acquired over 700 retail centers, with more than 100 million square feet, with properties located in 38 states and a total asset value in excess of $11.0 billion. Watt successfully exited the JV in 2008. In 2010, Jim stepped down as President and started a division which focuses on investing directly in commercial and residential projects.

Before coming to Watt, Jim was Manager of Corporate Banking for California First Bank (Union Bank), a wholly owned subsidiary of the Bank of Tokyo/Mitsubishi Group. Jim received his B.S. from the U.S. Naval Academy and MBA from UCLA. Jim spent 20 years in the Navy, both active duty and reserves. He retired as a Navy captain.

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