Atlanta-based Beazer Homes operates in 13 states across the U.S. providing homeowners with the bene ts of design and comfort and the value of home performance and money-saving features. The well-constructed homes do not sacri ce their distinct form for optimal functional.
In August 2019, the company announced Stephen Zelnak, the company’s current Chairman, would be retiring in February 2020 and Beazer’s Board of Directors has appointed Allan P. Merrill, the company’s Chief Executive Officer, to serve as Chairman of the Board, and Norma Provencio, an independent director, to serve as Lead Director.
Zelnak stated, “We believe Allan and Norma are the right people to lead the next phase of the Company’s balanced growth strategy – they are extraordinary and capable leaders who have the experience, qualities, and skills necessary for their important new roles, and I wish them all the best in the years ahead.”
The scal year results for Beazer Homes showed a steady direction, “We finished fiscal 2019 with a strong fourth quarter, positioning us for growth in revenue, profitability and returns in the coming year,” said Merill. “Operational improvements in sales pace, community count and gross margins re ected the decisive actions we took to combat challenging market conditions in the rst and second quarters. We also made improvements to our balance sheet during the year.”
With new leadership and a strong outlook, Merill stated, “Looking forward, we believe these operational and capital structure improvements will accelerate our progress toward our multi-year balanced growth objectives, which include achieving double digit returns on our assets and reducing debt below $1 billion.”
With a commitment to home performance, the homebuilder exceeds the latest ENERGY STAR standards in its communities. From ooring and lighting to cabinets and countertops, products are incorporated for innovation and quality. As an added bene t, Beazer’s quality assurance program, SSQ (Safety, Schedule, Quality) consists of internal and external inspections that guarantee ‘Every Home, Every Room, Every Day’ is inspected throughout the build of every home.
Most recently, Beazer Homes announced its newest community, Windrow at The Cove in Sacramento, California. The Cove features four distinct neighborhoods, each with architectural highlights and intelligent design. This master-plan will be home to 590 residences, offering trendy single-family and townhome living.
For more information, visit www.beazer.com.