MIAMI, Aug. 3, 2023
/PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one
of the nation's leading homebuilders, announced today that Lennar's
Board of Directors has elected Serena
Wolfe to serve as a member of the Board of Directors,
effective September 2, 2023, for a
term extending until Lennar's 2024 Annual Meeting of
Stockholders.
Ms. Wolfe has served as Chief Financial Officer of Annaly
Capital Management, a leading diversified capital manager with
investment strategies across mortgage finance since December 2019. Prior to joining Annaly in 2019,
Ms. Wolfe had served as a Partner at Ernst & Young since 2011.
Ms. Wolfe held a variety of roles across industries since beginning
her career at Ernst & Young in 1998, including most recently as
Ernst & Young's Central Region Real Estate Hospitality &
Construction leader from 2017 to November
2019. Ms. Wolfe has nearly 25 years of experience in
accounting, of which 18 years were focused solely on the real
estate and financial services sectors. Ms. Wolfe is also currently
a director of Doma Holdings, Inc., where she serves as the Chair of
the Audit & Risk Committee.
Stuart Miller, Executive Chairman
of Lennar, said, "I have worked alongside Serena for two years as a
director of Doma Holdings, Inc., a publicly traded real estate
technology company in which Lennar has an investment and where
Serena also serves as a director and Chair of the Audit Committee.
I have had the opportunity to watch the credible work that Serena
has brought to the Board and the Audit Committee at Doma. Her
outstanding credentials include two decades of experience in public
accounting. Serena's election to our Board will assure that Lennar
continues to provide the precision and transparency in our
financial reporting and to meet the rigorous standards for the
conduct of our business that our investors have come to expect from
our company."
About Lennar
Lennar Corporation, founded in 1954, is
one of the nation's leading builders of quality homes for all
generations. Lennar builds affordable, move-up and active adult
homes primarily under the Lennar brand name. Lennar's Financial
Services segment provides mortgage financing, title and closing
services primarily for buyers of Lennar's homes and, through LMF
Commercial, originates mortgage loans secured primarily by
commercial real estate properties throughout the United States. Lennar's Multifamily
segment is a nationwide developer of high-quality multifamily
rental properties. LENX drives Lennar's technology,
innovation and strategic investments. For more information about
Lennar, please visit www.lennar.com.
Contact:
Ian Frazer
Investor Relations
Lennar Corporation
(305) 485-4129
View original
content:https://www.prnewswire.com/news-releases/lennar-elects-serena-wolfe-to-the-board-of-directors-301893035.html
SOURCE Lennar Corporation