LOS ANGELES–(Business enterprise WIRE)–KB Household (NYSE: KBH) these days announced the election of Brian R. Niccol to its Board of Administrators on July 8, 2021. Mr. Niccol was also appointed to the Board’s Management Enhancement and Compensation Committee. Alongside with Mr. Niccol’s election to the Board, Michael M. Wooden, a Board member because 2014, has assumed the advisory role of Director Emeritus, stepping down from the Board, as effectively as its Audit and Compliance and Nominating and Company Governance Committees. With these adjustments, the Company’s Board will stay at 12 users, eleven of which are impartial.
“We are extremely enthusiastic to welcome Brian to our Board of Administrators,” claimed Jeffrey Mezger, Chairman, President and Chief Government Officer. “He is a demonstrated chief with broad experience throughout operational method, digital internet marketing and brand name creating, which have been critical advancement drivers of the firms he has led. In addition, Brian’s dedication to sustainability as a strategic priority will be insightful for us as we proceed to advance our environmental, social and governance initiatives.”
“Continuing our Board’s considerate and proactive strategy to succession scheduling, Mike is transitioning at his suggestion into a Director Emeritus purpose, serving as a non-voting advisor to the Board,” Mezger continued. “This will present continuity and empower the Board to have the reward of Mike’s on-going insights and contributions as well as Brian’s perspectives.”
Brian R. Niccol is the Chairman and Main Government Officer of Chipotle Mexican Grill, Inc. (NYSE: CMG), which operates 2,800 corporation-owned dining places throughout the U.S, as effectively as in Canada and Europe. Mr. Niccol has served as Chipotle’s Chief Executive Officer due to the fact 2018 and as Chairman of its Board considering the fact that 2020. Previously, he expended 13 several years in unique divisions of Yum!Brands (NYSE: YUM), most not long ago serving as Main Government Officer of Taco Bell Corp. from 2015 to 2018 and as its President from 2013 to 2014. Before in his occupation, Mr. Niccol used 10 a long time at Procter & Gamble Co., serving in various model administration positions. Mr. Niccol is a member of the board of directors of The Chipotle Cultivate Basis, Chipotle’s nonprofit corporation, and earlier served on the board of Harley-Davidson, Inc. (NYSE: HOG).
About KB Property
KB Home is 1 of the premier and most identified homebuilders in the United States and has crafted virtually 650,000 top quality houses in our a lot more than 60-year record. Right now, KB Home operates in 45 markets from coastline to coastline. What sets KB Home apart is the exceptional personalization we offer our homebuyers—from people buying their very first house to knowledgeable buyers—allowing them to make their property uniquely their very own, at a cost that suits their finances. As the leader in electricity-effective homebuilding, KB Household was the 1st builder to make each and every home it builds Energy STAR® certified, a regular of strength functionality attained by less than 10% of new households in The usa, and has created much more Energy STAR accredited properties than any other builder. An electricity-effective KB house will help reduce the expense of ownership and is intended to be more healthy, far more cozy and better for the setting than residences without certification. We build strong, personal interactions with our consumers so they have a true husband or wife in the homebuying system. As a result, we have the difference of getting the #1 buyer-ranked national homebuilder in third-celebration consumer satisfaction surveys. Master far more about how we make households created on relationships by viewing kbhome.com.