The New Home Company Makes C-Suite Shifts

The New Home Company Makes C-Suite Shifts

Joseph Davis, Chief Investment Officer of The New Home Company, resigned his post effective June 26, 2015. Mr. Davis, a long-time veteran of The Irvine Company prior to New Home, had served in the role since 2010. Wayne Stelmar, currently the company’s CFO, will step into the CIO role. John Stephens, most recently the CFO for MDC Holdings (parent company of Richmond American Homes), will fill the CFO slot vacated by Mr. Stelmar.

Read More

Previous Low Lot Supply an Issue for Builders
Next OC Leads Southern California in Housing Market Health

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Homebuilders / Land Developers

Homebuilder Confidence Slips in February

The National Association of Home Builders/Wells Fargo index fell to 55 from 57 in January. The drop was attributable to builders active in the Midwest where severe weather resulted in

Homebuilders / Land Developers

New Homebuilding Publics

Among the cohort of new, publicly-traded homebuilders this cycle are UCP and Century Communities. In this Builder Magazine article, a deeper look is taken into the origins and philosophies of

Homebuilders / Land Developers

TRI Pointe Lowers 2015 Guidance

TRI Pointe Homes released mixed 4Q 2014 earnings on Monday. The company reported earnings of 28 cents per share, which was 2 cents higher than analyst expectations. However, the $635M