This story has been updated to include comments from Adams & Reese Chairman Gif Thornton.
XMi Holdings Inc., the holding company for a number of local operating and investment businesses under Mike Shmerling’s umbrella, has recruited former Gaylord Entertainment and Ryman Hospitality Properties executive Carter Todd to be its general counsel.
Todd, who has been a Metro Council member since 2007, also is rejoining law firm Adams and Reese as special counsel. Before joining Gaylord in 2001, he was a partner at Stokes & Bartholomew, which merged into Adams and Reese last decade.
“Each of XMi’s 28 affiliated businesses and over 100 clients will benefit not only from Carter’s vast legal expertise, but also from his business wisdom and connections in the community,” said James Phillips Jr., CEO of XMi Holdings. “Carter will also be a trusted advisor and close confidant to me as XMi continues its rapid expansion.”
Gif Thornton, chairman of Adams and Reese's executive committee, described Todd as "one of the most highly-respected, well-known attorneys and political figures" in Nashville.
“Carter brings extensive legal experience to Adams and Reese in corporate transactions having served as Executive Vice President and General Counsel of Gaylord Entertainment until its conversion into a REIT in 2013,” Thornton said.
XMi Holdings owns controlling and non-controlling interests in transportation — it recently upped its stake in Gray Line of Tennessee — as well as finance, human resources, health care and real estate. The company also runs the XMi High Growth Development Fund under the state’s TNInvestco banner.
At Gaylord and its successor Ryman, Todd also was the chief ethics and compliance officer. He is a graduate of Vanderbilt Law School and received his bachelor’s at Davidson College. He also has taught in the MBA program at Belmont’s Jack. C. Massey Graduate School of Business and is a board member and former chairman of Nashville Sports Council, among others.