LOS ANGELES--(BUSINESS WIRE)--
KB Home (NYSE: KBH) today announced the election of James C. ("Rad")
Weaver to its board of directors on October 5, 2017. The addition of Mr.
Weaver expands the board to 10 members, nine of whom are independent.
Mr. Weaver was also appointed to the board's audit and compliance
committee.
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KB Home Elects James C. ("Rad") Weaver to Its Board of Directors (Photo: Business Wire)
"We are excited to welcome Rad to our board of directors. He is a leader
with considerable experience across a broad range of industries, and
brings to the board valuable insight on economic and regulatory
policymaking, further enhancing its capabilities," said Jeffrey Mezger,
chairman, president and chief executive officer. "In addition to his
impressive professional achievements and significant community
involvement, Rad has a substantial presence and is well-regarded in
Texas, KB Home's largest market by homes delivered."
Since 2006, Mr. Weaver has been the Chief Executive Officer of McCombs
Partners, the investment management division of McCombs Enterprises,
overseeing the implementation of the firm's investment strategies,
including management of its direct investments in private operating
businesses. He began his career at McCombs as an investment analyst in
2000. Mr. Weaver also serves as the Chair Pro Tem of the San Antonio
Branch of the Federal Reserve Bank of Dallas; a member of The University
of Texas System Board of Regents, The University of Texas Development
Board, The University of Texas Chancellor's Council, The University of
Texas Investment Management Company Board, the McCombs School of
Business Advisory Board, and the Texas Business Leadership Council; the
Chair of the San Antonio Chamber of Commerce; a Trustee of St. Mary's
Hall; and a director of several private companies, including Circuit of
the Americas, Cox Enterprises, Inc. and Southern Towing Company.
About KB Home
KB Home (NYSE: KBH) 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 homebuilder
listed on the New York Stock Exchange, 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171010005625/en/
KB Home
Jill Peters, Investor Relations Contact
(310) 893-7456
investorrelations@kbhome.com
or
Susan
Martin, Media Contact
(310) 231-4142
smartin@kbhome.com
Source: KB Home
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