Dominion Homes Nominates Robert McMaster to Board
March 24 2006 - 4:48PM
Business Wire
Dominion Homes (Nasdaq:DHOM) announced today that Robert R.
McMaster has been nominated to stand for election to the Dominion
Homes Board of Directors at the Company's 2006 Annual Meeting. Mr.
McMaster is a former managing partner at the Columbus office of
KPMG, LLP, and currently serves on the board of directors of
American Eagle Outfitters, Inc., and as chairman of The Columbus
Foundation audit committee. "We are excited and honored that Bob
has agreed to accept a nomination for election to our board," said
Douglas G. Borror, Dominion Homes, Inc. Chairman and CEO. "We will
benefit from his wealth of knowledge in both operational and
financial disciplines, and look forward to his contribution." Mr.
McMaster will fill a vacancy on the Board created by the retirement
of C. Ronald Tilley, former Chairman and CEO of Columbia Gas
Distribution Companies. Mr. Tilley, who has served on the Dominion
Homes Board of Directors since 1996, will be retiring from the
Board effective as of the 2006 Annual Meeting. Mr. Borror stated,
"I want to personally thank Ron for all of his guidance over the
years. As our lead director for the past 3 years, Ron has shown
great leadership and unwavering dedication to our Company." In
addition, Gerald E. Mayo has informed the Company of his decision
not to seek re-election at the Company's 2006 Annual Meeting. Mr.
Mayo has served on Dominion's Board of Directors since the Company
became publicly traded in 1994. He is also a former Chairman of the
Audit Committee and is currently a member of the Compensation
Committee. "Gerry has served our Company well in the 12 years he
has been a Board member. We have benefited greatly from his wise
counsel and remarkable leadership over the years. We truly
appreciate his many contributions, and wish him the very, very
best," Mr. Borror said. Dominion Homes offers a variety of homes,
which are differentiated by size, price, standard features and
available options. The Company's "The Best of Everything"
philosophy focuses on providing its customers with unsurpassed
products, quality and customer service. Additional information
about the Company and its homes is located on its website
(www.dominionhomes.com). Certain statements in this news release
are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements involve
known and unknown risks, uncertainties and other factors that may
cause actual results to differ materially. Such risks,
uncertainties and other factors include, but are not limited to,
weather conditions, changes in general economic conditions,
fluctuations in interest rates, increases in raw materials and
labor costs, levels of competition and other factors described in
the Company's Annual Report and Form 10-K for the year ended
December 31, 2004. All forward-looking statements made in this
press release are based on information presently available to the
management of the Company. The Company assumes no obligation to
update any forward-looking statements.
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