KB Home Elects Kevin P. Eltife to Its Board of Directors
October 13 2020 - 4:10PM
Business Wire
KB Home (NYSE: KBH) today announced the election of Kevin P.
Eltife to its Board of Directors on October 8, 2020. Mr. Eltife was
also appointed to the board’s Audit and Compliance Committee.
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KB Home Elects Kevin P. Eltife to Its
Board of Directors (Photo: Business Wire)
“We are pleased to welcome Kevin to our Board of Directors. With
more than three decades of experience in real estate and a
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 Jeffrey
Mezger, Chairman, President and Chief Executive Officer. “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.”
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 for six years as the Mayor of Tyler,
Texas.
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.
Learn more about how we build homes built on relationships by
visiting kbhome.com.
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Jill Peters, Investor Relations Contact (310) 893-7456 or
investorrelations@kbhome.com
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