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Stock impact report

Larry Keener to Retire as President, Retail at Cavco Industries, Inc.; Matt Niño Named as Replacement

Cavco Industries, Inc. (CVCO) 
US:NASDAQ Investor Relations: investor.cavco.com
Company Research Source: GlobeNewswire
PHOENIX, Feb. 03, 2020 (GLOBE NEWSWIRE) -- Larry Keener has announced his intention to retire from Cavco Industries, Inc. (NASDAQ: CVCO) ("the "Company") effective March 28, 2020. Effective March 29, 2020, Matt Niño has been named to replace Mr. Keener in the role of President, Retail. Larry Keener’s career with the company began in Palm Harbor Homes, Inc., ("PHH") in 1979 at one of PHH’s first two factories. From there he rose to Chief Executive Officer in 1997 and Chairman of the Board in 2005. He was instrumental in growing PHH into a vertically integrated operation that included 19 plants, 153 retail stores, a mortgage company and an insurance company. Since 2011 when PHH was purchased by Cavco, Larry’s leadership has been a steadying force throughout the company. Beyond his tangible business success and the respect he has throughout the industry, Larry has been a mentor, confidant and advisor to many. Matt Niño assumes his new role as the Company’s President of Retail wit Show less Read more
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