Mori Hosseini

Mori Hosseini

Mori Hosseini (HonDoc '13; '78, '79, '82, DB)

  • Member since 1999
  • Chairman, Board of Trustees since 2014
  • Chairman, Committee on Trustees
  • Chairman, Executive Committee
  • Chairman, Facilities & Capital Planning Committee

Career Highlights 

Mori Hosseini is founder, Chairman, and CEO of ICI Homes, one of Florida’s largest residential homebuilder/developers. Born in Iran, Hosseini was primarily educated in London, England, where he received a degree in Aeronautical Engineering from Chelsea College of Aeronautical Engineering.  He then attended Embry-Riddle Aeronautical University where he received a B.S. in Aeronautical Studies in 1979 and a Master of Business Administration in 1982. He also received an Honorary Doctorate of Humane Letters in 2013.

Hosseini founded ICI Homes in 1980. Consistently ranked by Builder Magazine among the nation’s Top 100 homebuilders, ICI Homes has built thousands of homes and has created some of the largest master development communities in many major Florida markets, including the counties of Volusia (corporate office headquarters), Flagler, St. Johns, Duval, Nassau, Seminole, Orange, Osceola, and Brevard. In addition to master development and homebuilding operations, Hosseini is involved in many other enterprises throughout Florida, including a lumber company and a title insurance company.

Hosseini, his wife, and three daughters are longtime residents of Ormond Beach, Florida.

More About the Chairman

Hosseini serves on several corporate, civic, and public boards and associations. His affiliations include the following:
  • Chairman of the Board of Trustees – University of Florida
  • Board Member – Enterprise Florida Inc.
  • Board of Directors – International Speedway Corporation
  • Chairman of the Board of Trustees – Embry-Riddle Aeronautical University
  • Chairman of the Board – Allstar Building Materials
  • Chairman of the Board – Southern Title Family of Companies
  • Former Vice Chair of the Board of Trustees – University of Florida
  • Former Chairman and Board Member – Board of Governors, State University System of Florida
  • Former Chairman and Board Member – Halifax Health Medical Center
  • Former Chairman and Board Member – Pinnacle Bank
  • Former Member – Board of Advisors – Hearthstone Path of Growth – CalPERS
  • Former Member – The Florida Council of 100 Inc.

Recognized for his countless professional, industry, civic, and personal contributions to the community and the nation, many honors have been bestowed on Hosseini, including the following:

  • 2017 Distinguished Service Award – Florida Association of Colleges and Universities
  • 2016 Outstanding Philanthropist – Volusia/Flagler Chapter of the Association of Fundraising Professionals
  • 2015 Herbert M. Davidson Memorial Award for Outstanding Community Service – Community Foundation of Volusia & Flagler
  • 2014 and 2006 Builder of the Year, ICI Homes – Northeast Florida Builders Association
  • 2013 Doctorate of Humane Letters, Honorary Degree – Embry-Riddle Aeronautical University
  • 2011 Hearthstone Humanitarian Award – Builder Magazine
  • 2010 Glenn and Connie Ritchey Community Service Award – Council on Aging
  • 2010 Five Proclamations on “Mori & Forough Hosseini Day” – Volusia County Council, Volusia County School Board, City of Daytona Beach, City of Ormond Beach, City of Port Orange
  • 2009 Spirit of Hope Award – Habitat for Humanity
  • 2007 Inducted into the Hall of Fame – Home Builders Association
  • 2007 Opening and dedication of the Mori Hosseini Center – Daytona State College
  • 2006 Ellis Island Medal of Honor − Entered into the U.S. Congressional Record
  • 2006 Lou Fuchs Award − Daytona Beach/Halifax Area Chamber of Commerce
  • 2006, 2000, 1999, 1998 Recognition Award – Habitat for Humanity
  • 2002 Dedication of ICI Center –  Embry-Riddle Aeronautical University
  • 2002 Declaration of June 6, 2002, as “Mori Hosseini Day” – Volusia County Council
  • 2001 Community Leadership Award – City of Daytona Beach
  • 2001 Leadership Award – Salvation Army
  • 1998 Builder of the Year – Volusia Homebuilders Association
  • 1997 Enterprise Award – Daytona Beach/Halifax Area Chamber of Commerce
  • 1994 Entrepreneur of the Year, Construction and Real Estate Industry – Ernst & Young/Merrill Lynch Florida

Stepping up to the Challenges

When it comes to chairmanships, Hosseini has stepped up to that role many times, never shying away from what it takes to bring about positive change or improvement. On Jan. 1, 2014, the founding Chairman and Chief Executive Officer of ICI Homes made Embry-Riddle history, becoming the first alumnus to chair the university’s Board of Trustees. On that same day, he also became Chairman of the Board of Governors for the State University System of Florida, which provides oversight and direction for 12 Florida public universities.

Hosseini’s rise to the top in matters of business and higher education has been no accident. His commitment to getting results and supporting the things he cares about most make him a top target for leadership opportunities throughout the state of Florida and beyond.

“Whatever I decide to do, I always look at what the end goal is, whether it’s in fundraising, business, anything,” Hosseini said.

Opportunity Knocks

When he came to the United States in 1976, after completing a bachelor’s degree in Aeronautical Engineering at London’s Chelsea College, his goal was to continue his education and pursue a career in the aviation/aerospace industry. He went after it with his typical tenacity, completing three degrees at Embry-Riddle’s Daytona Beach Campus, but when opportunity came knocking in the real estate market, Hosseini’s keen business instincts kicked in and led him along another path. Instead of becoming an airline executive, he founded one of Florida’s largest residential development and home-building businesses.

“I kept thinking today, tomorrow, the next day, I’m going to go back into aviation, but by the time I got my master’s degree in 1982, I was entrenched,” Hosseini said.

Even though Hosseini’s real-estate success kept him from pursuing his aviation career, he never let that stop him from continuing to support the aviation industry that he has always been so passionate about. 

Joining the Embry-Riddle Board of Trustees in 1999, he made it a priority to plan for the university’s future. “My biggest accomplishment has been the creation of a master plan for the university that, for the next 50 years, will set us in very good shape for growth. We’re thinking of 50 years from now, not today,” he said.

Alumni Understanding

For Hosseini, serving on the Board is a matter of loyalty and sound business. “As an alumnus, Embry-Riddle is near and dear to my heart. But it’s also a tremendous asset to our community, so I’ve had a stake in it throughout my adult life.”

He added, “I think alumni have a keen understanding of the core values of the university. The more they’re involved, the more they give back to the university that taught them. The way I see it, the people who came before me, helped me get here; and the people before them, helped them. And I need to help the future generation.”

Hosseini not only has given of his time, but also has generously supported the university financially. His contributions of time, expertise, and personal resources have secured more than $40 million in state funding to support ongoing programming and multiple infrastructure projects. His donations largely contributed to Embry-Riddle’s ICI Center athletics fieldhouse, which is named in honor of his company.

In 2016 the Board of Trustees also voted to honor Hosseini with the naming of the campus’ new student union building, which is set to open in 2018.

As one of the top five donors in university history, Hosseini feels it is a great honor to be able to help transform and support his alma mater.

In 2018, the University dedicated the Mori Hosseini Student Union on the Daytona Beach Campus. Mr. Hosseini was a passionate champion for the creation of this iconic building that now serves as a transformational student center.

“To me, philanthropy comes easy,” Hosseini said. “Giving in and of itself is a gift, whether it’s your time or your financial support. I have been able to transfer much of my success into the capacity to give back and this is most fulfilling and extremely important to me – to witness results that make a difference.”