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Mike Nuzum

Mike Nuzum
President, CEO

Lucernex Management


Mike Nuzum
President, CEO

In 1965, after college, Mike founded a retail electronics company, which he successfully grew and ultimately sold 6 years later to the parent company of fast food giant Steak ‘n Shake. Mike took an executive position at Steak ‘n Shake and spent the next decade in charge of marketing and development. By the end of the 1970s, Mike left to create Lucerne Realty, which managed store development for large retail and restaurant companies, as well as managed and developed commercial real estate, in the United States and Europe. By the early-1980s he was involved in the acquisition of 9 craft stores which became Michaels Stores Inc., where he developed and managed the original 500-store rollout program. And by the mid-1980s, he co-founded MJ Designs, Inc., was their President and in the 1990s helped grow it to 60 superstores and over $280 million in sales.

In 2000, he founded Lucernex Technologies, with a simple vision: create a practical software platform that could simplify the real estate and construction process, improve the odds of new store success, shorten the time frame and generally make store development easier and more successful.

Today the product, LucernexERP, is fueling the real estate and construction efforts at several major retailers, as well as within the commercial real estate and hotel sectors.


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