As Founder and CEO of Preferred, Michael O’Neill is the energetic leader of a privately held investment company. Through his visionary leadership, integrity, entrepreneurial spirit and instinct, Mr. O’Neill drives Preferred’s business growth as well as its culture.
Mike began his career with First Pennsylvania Bank in 1984 with a focus on lending to aggregate and mining process companies. In 1988, he formed O’Neill Properties with his brother Brian and in 1992 founded Preferred Real Estate Investments, one of the most respected and talented real estate companies on the East Coast.
Mike’s vision and his knack of creating opportunities proved rewarding upon his decision to exit the real estate market in 2005. This led him back to his roots, in the industrial minerals industry, when he began acquiring aggregate/industrial mineral companies in late 2006. In his current position, Mike plays in integral role in developing and sustaining business relationships with the premier companies in the marketplace.
Mike holds a bachelor’s degree from Villanova University in Finance and a J.D. from Temple University.
Mike is actively involved in local communities and government. Michael is the Chairman of Business Leadership Organized for Catholic Schools (also known as “BLOCS”), a non-profit organization supporting Catholic schools in the Philadelphia area. In addition to BLOCS, Mike is co-founder of the Philadelphia School Partnership and also sits on the board of the Mastery Charter Schools and is chairman of their High Tech High Foundation in Philadelphia. His philanthropic work includes charitable efforts in Chester, Pennsylvania, and securing a Ray & Joan Kroc grant to build a community center in north Philadelphia.