Management ChangeJun 8, 2026, 06:06 AM
Lennar Names Jim Parker COO, David Grove EVP Homebuilding
AI Summary
Lennar Corporation announced the appointment of Jim Parker as Chief Operating Officer and David Grove as Executive Vice President, Homebuilding, effective June 5, 2026. Both executives have over 30 years of industry experience and previously served as Area Presidents, leading the company's East and West operations, respectively. In connection with his appointment, Mr. Parker's annual cash incentive target was increased to $5,750,000. Lennar's Executive Chairman, CEO, and President, Stuart Miller, praised them as tenured and proven leaders.
Key Highlights
- Jim Parker appointed Chief Operating Officer, effective June 5, 2026.
- David Grove named Executive Vice President, Homebuilding, effective June 5, 2026.
- Mr. Parker's annual cash incentive target increased to $5,750,000.
- Both executives bring over three decades of homebuilding industry experience.
- Parker previously led Lennar's East operations; Grove led West operations.
- Both will continue to report to Stuart Miller, Executive Chairman, CEO, and President.
Price Impact
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