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Krannert Executive Forum - Gary Hobbs

Gary Hobbs

Gary Hobbs

Chief Executive Officer

Gary Hobbs is an entrepreneur and former corporate executive with extensive experience in real estate, technology, and healthcare. He started his career as an electrical design engineer and has successfully migrated through the corporate ranks of companies like AT&T, Eli Lilly, and Roche Diagnostics. As an engineer, project manager, business executive, developer, and entrepreneur he has led organizations of up to four hundred people and budget responsibilities spanning well over $100M.

Currently, he is CEO for Black and White Investments, LLC (BWI, LLC). Gary founded BWI in 2005 as a development, property management and construction management company. BWI’s target market is urban development within Indiana and their primary focus is multi-family and mix-use tax credit development. Currently, BWI has a portfolio of eight tax credit projects with several more in the pipeline. One of the more recent and notable developments is First Devington which received the Indianapolis Sustainability Award from the Mayor in 2014.

Gary oversees all financial matters as it pertains to acquiring capital through a variety of methods (mezzanine capital, tax credit financing, venture capital, and debt financing). His leadership and business experience coupled with his financial background has been invaluable in helping BWI establish a firm foundation for the future.

BWI spun off their electrical construction division as a separate entity in 2010 (BWI Contractors, LLC). This entity is now a multi-million dollar business and is one of the largest, non-union, minority-owned electrical contractors in the State of Indiana. They have been involved in some of the most notable projects within Indianapolis such as the Convention Center, the Colts stadium, Avondale Meadows, and the downtown Axis multi-family project.

In addition to his role with BWI, Gary is one of the Managing Partners and Senior Consultants of GLI, LLC (dba HTECH Training). HTECH’s primary focus is strategic consulting and transformational training in the areas of business process improvement and project management. They have perfected a methodology of engagement that integrates process improvement and project management concepts (CMMI, PMI, LEAN, & Six Sigma) in solving complex business technology initiatives. His leadership, project management and process management experience has been invaluable to HTECH as well as BWI.

In addition, Mr. Hobbs has given countless hours and support back to the community. He currently sits on several boards that impact the community that he loves; Boy Scouts of America, Indiana Black Expo, Indianapolis Urban League, Reconnect our Waterways (ROW), Indiana Career Council, and ABC Contractors. He has been honored several times as an outstanding speaker and leader within the public and professional community.

Gary Hobbs holds a B.S. and M.S. in Electrical Engineering, and a M.B.A in Finance from Purdue University. He is a licensed Project Management Professional (PMP) with international notoriety for his insight and contribution to this field. Gary is married and the proud parent of three children.