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Stock impact report

KB HOME NAMES ROBERT MCGIBNEY CHIEF EXECUTIVE OFFICER [Yahoo! Finance]

KB Home (KBH) 
Last kb home earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.kbhome.com
Company Research Source: Yahoo! Finance
that, as part of its long-term succession planning process, its board of directors appointed Robert McGibney as President and Chief Executive Officer, effective March 1, 2026. At that time, McGibney, a KB Home veteran with over 25 years of service, will succeed Jeffrey Mezger, who will become KB Home's first Executive Chairman of the board after serving as Chief Executive Officer for two decades and Chairman since 2016. The board also appointed McGibney as a director, effective March 1, 2026, and will nominate him to stand for election as a director at the Company's 2026 Annual Meeting of Stockholders. Mezger, 70, who joined KB Home in 1993, was instrumental during his tenure as Chief Executive Officer in repositioning the Company's operations and optimizing its distinctive Built to Order business model through several market cycles to generate profitable growth and solid stockholder returns, along with industry-leading customer satisfaction levels and sustainability achievements. Show less Read more
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