LOS ANGELES--(BUSINESS WIRE)--
KB Home (NYSE:KBH), one of the nation's largest and most recognized
homebuilders, today announced that Dr. Stuart Gabriel was elected to its
board of directors at the company's Annual Meeting of Stockholders on
April 7, 2016. Following his election, Dr. Gabriel was appointed to the
board's Audit and Compliance Committee.
"We are very pleased to welcome Stuart to our board of directors," said
Jeffrey Mezger, president and chief executive officer. "His broad
professional and academic experience, as well as substantial depth of
knowledge in both real estate and economics, position him to provide a
valuable perspective to our company and the board. The board is
confident that his expertise and counsel will help support KB Home's
ongoing efforts to enhance stockholder value."
Dr. Gabriel, 62, is the director of the Richard S. Ziman Center for Real
Estate at the University of California, Los Angeles, and Professor of
Finance and Arden Realty Chair at the UCLA Anderson School of
Management. Prior to joining UCLA in 2007, he was director and Lusk
Chair in Real Estate at the USC Lusk Center for Real Estate, and was
Professor of Finance and Business Economics at the Marshall School of
Business at the University of Southern California. Dr. Gabriel
previously served on the economics staff of the Federal Reserve Board in
Washington, D.C., as a visiting scholar at the Federal Reserve Bank of
San Francisco, and as President of the American Real Estate and Urban
Economics Association. Dr. Gabriel serves as a director of KBS Real
Estate Investment Trust, Inc., KBS Real Estate Investment Trust II, Inc.
and KBS Real Estate Investment Trust III, Inc., and is a consultant to
corporate and governmental entities. He holds a Ph.D. in Economics from
the University of California, Berkeley.
For more information about KB Home, visit www.kbhome.com
or call 888-KB-HOMES.
About KB Home
KB Home is one of the largest and most recognized homebuilders in the
United States and an industry leader in sustainability, building
innovative and highly energy- and water-efficient new homes. Founded in
1957 and the first NYSE-listed homebuilder (ticker symbol: KBH), the
company has built nearly 600,000 homes for families from coast to coast.
Distinguished by its personalized homebuilding approach, KB Home lets
each buyer choose their lot location, floor plan, décor choices, design
features and other special touches that matter most to them. To learn
more about KB Home, call 888-KB-HOMES, visit www.kbhome.com
or connect on Facebook.com/KBHome
or Twitter.com/KBHome.
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KB Home
Susan Martin, Media
310-231-4142
smartin@kbhome.com
or
Jill
Peters, Investors
310-893-7456
jpeters@kbhome.com
Source: KB Home
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