– USA, AZ – Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, today announced that its CEO, Phillippe Lord joined the board of directors on February 17, 2021, bringing the board to a total of 10 members.
Mr. Lord, who previously served as COO of Meritage Homes, became CEO on January 1, 2021, replacing former Chairman and CEO Steve Hilton who has since transitioned to the role of executive chairman.
“I would like to welcome Mr. Lord onto the Board. This is an exciting time for Meritage, given the momentum from the strong 2020 results. On behalf of the Board, we look forward to partnering with Mr. Lord to continue to deliver shareholder value by focusing on Meritage’s long-term growth strategy while realizing environmental, social, and governance initiatives that will enhance the company culture in the near and longer-term.” said Peter Ax, lead independent director.
About Meritage Homes
Meritage Homes is the seventh-largest public homebuilder in the United States, based on homes closed in 2019. Meritage offers a variety of homes that are designed with a focus on first-time and first move-up buyers in Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee.
The Company has closed over 135,000 homes in its 36-year history and has a reputation for its distinctive style, quality construction, and award-winning customer experience. Meritage is the industry leader in energy-efficient homebuilding and a seven-year recipient of the U.S. Environmental Protection Agency’s ENERGY STAR Partner of the Year for Sustained Excellence Award since 2013 for innovation and industry leadership in energy-efficient homebuilding.
For more information: https://www.meritagehomes.com/
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