– USA, CA – KB Home (NYSE: KBH) today announced the election of Kevin Eltife and Arthur Collins to its Board of Directors effective on October 8, 2020.
Mrs. Eltife and Collins were also appointed to the Audit and Compliance Committee.
“We are pleased to welcome Kevin to our Board of Directors. With more than three decades of experience in real estate and distinguished history of public service in Texas, including his current role as the Chairman of the Board of Regents for The University of Texas System, whose members are appointed by the Governor, and more than a decade as a state Senator, we believe Kevin will be a valuable addition to our Board,” said Chairman, President and CEO, Jeffrey Mezger.
He added: “Kevin’s significant presence in Texas, our largest market by annual homes delivered, is particularly important to us, and we look forward to his strategic insights regarding this key component of our business.”
“Art is an accomplished business leader and strategic thinker, who is highly regarded for his expertise in public affairs and public policy, which we believe will meaningfully enhance the existing capabilities of our Board,” continued Jeffrey Mezger. “We look forward to Art’s insights and valuable perspective, which we are confident will be beneficial to us as we continue to execute on our balanced approach of expanding our scale while increasing our returns.”
About Kevin Eltife
Mr. Eltife is the owner of Eltife Properties, Ltd., a commercial real estate investment firm, which he founded in 1996. He has deep expertise in overseeing complex real estate development projects, a strong background in executive leadership and governance, and considerable policymaking and civic engagement experience. Mr. Eltife has served as the Chairman of The University of Texas System Board of Regents since 2018, following his initial appointment to that board in 2017. Previously, Mr. Eltife served for 12 years as a Texas State Senator and six years as the Mayor of Tyler, Texas.
About Arthur Collins
Mr. Collins is the Founder and Managing Partner of theGROUP, a government relations and strategic communications consulting firm based in Washington, D.C. He has more than 30 years of experience advising corporate leaders, heads of state and their governments, and non-profit executives and their boards across a broad range of matters, including financial services, trade, energy, information technology, healthcare, consumer products, agriculture, transportation, manufacturing, and national security. He currently serves on the board of directors of RLJ Lodging Trust, an NYSE-listed real estate investment trust. Besides, he serves as Vice-Chair of the Brookings Institution Board of Trustees and Chairman of the Morehouse School of Medicine Board of Trustees.
About KB Home
KB Home is one of the largest and most recognized homebuilders in the United States and has been building quality homes for over 60 years. Today, KB Home operates in 42 markets across eight states, serving a wide array of buyer groups. What sets us apart is how we give our customers the ability to personalize their homes from homesites and floor plans to cabinets and countertops, at a price that fits their budget. We are the first builder to make every home we build ENERGY STAR certified. In fact, we go beyond the EPA requirements by ensuring every ENERGY STAR certified KB home has been tested and verified by a third-party inspector to meet the EPA’s strict certification standards, which help to lower the cost of ownership and to make our new homes healthier and more comfortable than new ones without certification. We also work with our customers every step of the way, building strong personal relationships so they have a real partner in the homebuying process, and the experience is as simple and easy as possible.
For more information: https://www.kbhome.com/
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