Michael Towbes is chairman of The Towbes Group, Inc., a real estate development, construction, and property management company, and owner and chairman of Montecito Bank & Trust. He has been active in real estate development since 1956. He is the chief financial officer of The Towbes Foundation, which was established by him and his late wife, Gail. The foundation supports numerous local community, cultural, and educational organizations.
Born and raised in Washington, D.C., Mike graduated with a bachelor of science degree in civil engineering from Princeton University and attended graduate school in structural engineering at MIT. He has been a resident of Santa Barbara since 1960.