Business
United Homes Group Appoints Jack Micenko as President
COLUMBIA, S.C.--(BUSINESS WIRE)-- United Homes Group, Inc. (“UHG”) (NASDAQ: UHG), a leading homebuilder in the Southeast, today announced that it has
About this update from United Homes Group, Inc
[{"type":"text","content":" COLUMBIA, S.C.--(BUSINESS WIRE)--\nUnited Homes Group, Inc. (“UHG”) (NASDAQ: UHG), a leading homebuilder in the Southeast, today announced that it has appointed Jack Micenko as President of UHG. Michael Nieri, who has been serving as President, will continue in his role as Chief Executive Officer and Chairman of UHG.\n\n\n“Jack is the right person at the right time to join us in leading the next phase of our growth strategy,” said Michael Nieri. “His extensive background in residential housing finance, capital markets and mergers / acquisitions will complement my operational experience to give us the powerful and well-rounded senior management team needed to drive us forward as a public company. Jack was instrumental in ushering UHG into the public markets earlier this year, and his experience and proven leadership will be a positive contributor in moving United Homes Group forward.”\n\n\nMicenko has more than 20 years of experience in the residential real estate and mortgage finance industry, most recently as Managing Director at BTIG, where he led the firm’s Housing Ecosystem investment banking practice, identifying opportunities for corporate clients across all aspects of the residential housing industry. Over his career, Micenko also held related roles at Susquehanna International Group LLP (“SIG”), Lehman Brothers, and Friedman Billings and Ramsey (“FBR”).\n\n\n“I am excited to join the UHG team,” said Micenko. “UHG’s capital efficient ‘land-light’ business model is focused on driving better returns with less risk. At the macro level, limited existing home inventory and attractive demographics should be a tailwind for new construction for years to come, while UHG’s geographic focus on Southeast markets and operational focus on the affordable segments of the market all align to create a compelling, long-term opportunity.”\n\n\nAbout United Homes Group, Inc.\n\n\nUHG is a publicly traded residential builder headquartered in Columbia, SC. The company focuses on southeastern markets with 52 active communities in South Carolina and Georgia and has been recognized as one of the top 50 builders by Builder magazine.\n\n\nForward-Looking Statements\n\n\nCertain statements contained in this release, other than historical facts, may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 19...