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.
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Low Lot Supply an Issue for Builders
