Business
KB HOME NAMES ROBERT MCGIBNEY CHIEF EXECUTIVE OFFICER
KB Home (NYSE: KBH) today announced 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.
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[{"type":"text","content":"Jeffrey Mezger Becomes Company's First Executive Chairman ","length":61,"tagName":"p","attribs":{}},{"type":"text","content":"LOS ANGELES, Jan. 28, 2026 /PRNewswire/ -- KB Home (NYSE: KBH) today announced 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.","length":506,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/KB Home)","displaySize":"","headline":null,"caption":"(PRNewsfoto/KB Home)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/abde400ab60ec2cf4033197f0a6d5a84"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/crwYNGc.I73YBHZPJhqnQA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/abde400ab60ec2cf4033197f0a6d5a84","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/2857912/KB_Home_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"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.","length":189,"tagName":"p","attribs":{}},{"type":"text","content":"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. As the most senior executive officer of the Company, he will continue to have a key management role with KB Home, including overseeing its high-level strategy, and supporting McGibney in his assumption of the duties of Chief Executive Officer.","length":638,"tagName":"p","attribs":{}},{"type":"text","content":"McGibney, 51, joined KB Home in 2000 in its Las Vegas division, and held roles of increasing re...