Fred J. Napolitano, Sr.

Owner/Director

Fred Napolitano is Chairman of the Board of Pembroke Enterprises, Inc., a commercial real estate and development firm headquartered in Virginia Beach, and a Partner in The Terry•Peterson Companies.

As a builder/developer in Hampton Roads since 1955, Fred took an especially active role in the home building industry early on, eventually becoming President of the National Association of Home Builders in 1982. During his term, he spent much of his time in Washington where he worked very closely with both the President and Congress helping to solve the nation's homebuilding problems.

Fred has served on numerous boards and advisory councils, among them the Federal Home Loan Bank Board, the Federal National Mortgage Association ("Fannie Mae") Board, and the most recent, the Commonwealth of Virginia's Industrial Development Services Advisory Board. Fred also served on, and even chaired for two years, the Board of Commerce of the Commonwealth of Virginia, to which he was originally appointed by former Governor Chuck Robb, and then reappointed by Governor Gerald Baliles. He was also appointed by the Mayor of the City of Virginia Beach to serve on the Labor Day Review Commission.