KB Home Names Robert McGibney President and Chief Operating Officer
24 Janeiro 2024 - 6:29PM
Business Wire
KB Home (NYSE: KBH) today announced that Robert McGibney has
been promoted to President in addition to his current role of Chief
Operating Officer, effective February 1, 2024. In this expanded
position, Mr. McGibney will continue to have overall responsibility
for the Company’s operations, while also directing business
strategy, community count and revenue growth, along with leadership
development. Additionally, Mr. McGibney will continue to lead key
strategic support functions such as architecture, design studio,
marketing, national contracts, sustainability, and financial
services operations.
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KB Home Names Robert McGibney President
and Chief Operating Officer (Photo: Business Wire)
“I am pleased to announce Rob’s promotion, which will further
support our planned increase in community count this year, and
position the Company for future revenue growth,” said Jeffrey
Mezger, Chairman and Chief Executive Officer. “Rob joined KB Home
over two decades ago and is a great example of our ability to grow
talent within the Company. He has done a tremendous job building
robust businesses across our footprint and has been an outstanding
operator throughout his KB Home career. Rob’s appointment to
President, along with several regional management additions, are
important steps in structuring our team to take full advantage of
the opportunities available to us and achieving our strategic goal
of top 5 or better market share position in each of our served
markets.”
Mr. McGibney joined KB Home in 2000 as a Financial Analyst in
the Las Vegas division and went on to lead several key areas within
the division, including land development, purchasing and
operations. He held roles of increasing responsibility, with
promotions to Senior Vice President, Executive Vice President and,
in 2012, Division President in Las Vegas. In 2016, he was promoted
to Regional General Manager of the company’s Arizona and Nevada
businesses and in 2018, became Regional President, with additional
responsibility for our California divisions. Since 2021, Mr.
McGibney has served as a Chief Operating Officer and Executive Vice
President of KB Home.
About KB Home
KB Home is one of the largest and most recognized homebuilders
in the United States, operating in 47 markets from coast to coast,
and building over 680,000 quality homes in our more than 65-year
history. What sets KB Home apart is our focus on building strong,
personal relationships with every customer — from those buying
their first home to experienced buyers — so they have a real
partner in the homebuying process. No two KB homes are the same.
That’s because every home is uniquely built for each customer, at a
price that fits their budget. As the leader in energy-efficient
homebuilding, KB Home was the first national builder to make a
broad commitment to building ENERGY STAR® certified homes, a
standard that fewer than 10% of new homes nationwide meet, and KB
Home has built more ENERGY STAR certified homes than any other
builder. An energy-efficient KB home helps lower the cost of
ownership and is designed to deliver greater comfort and well-being
than new homes without certification. Reflecting the company's
commitment to creating an exceptional homebuying experience, KB
Home is the #1 customer-ranked national homebuilder based on
homebuyer satisfaction surveys from a leading third-party review
site. Learn more about how we build homes built on relationships by
visiting kbhome.com.
Forward-Looking and Cautionary Statements. This release
contains statements regarding future financial and operational
growth, performance and market share positions that are
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are not
guarantees of future performance, and actual events and results may
differ materially from those expressed in such statements due to a
number of factors, including economic and business conditions; our
ability to successfully implement our current and planned
strategies and initiatives related to our product, geographic and
market positioning; and if we can successfully implement our
business strategies and achieve any associated financial and
operational targets and objectives. Please see our periodic reports
and other filings with the Securities and Exchange Commission for a
further discussion of risks and uncertainties applicable to our
business.
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version on businesswire.com: https://www.businesswire.com/news/home/20240124453441/en/
Craig LeMessurier, KB Home 925-580-1583
clemessurier@kbhome.com
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