KB Home names Robert McGibney President and COO effective Feb 1, 2024; base salary raised to $900K

KB HOME

Robert McGibney promoted to President in addition to COO, effective February 1, 2024.
McGibney to oversee operations, business strategy, community count, revenue growth, and leadership development.
CEO Mezger states promotion supports planned community count increase and top-5 market share goal.
Annual base salary increased to $900,000 in conjunction with the promotion.
McGibney joined KB Home in 2000; previously served as EVP and COO since 2021.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Jeffery T. Mezger

Chairman and Chief Executive Officer

KBH · KB HOME

Effective: 2024-02-01
Successor: Robert V. McGibney
Filed: January 24, 2024, 6:59 PM ET

At that time, Jeffery T. Mezger, KB Home’s president and chief executive officer since 2006 and chairman since 2016, will become chairman and chief executive officer.

Appointed

Robert V. McGibney

President and Chief Operating Officer

KBH · KB HOME

Effective: 2024-02-01
Filed: January 24, 2024, 6:59 PM ET

the KB Home board of directors elected Robert V. McGibney, KB Home’s executive vice president and chief operating officer, as president and chief operating officer, effective February 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffery T. Mezger changed role as Chairman and Chief Executive Officer at KB HOME.

Action: become
Role: Chairman and Chief Executive Officer

Exact text from the filing

At that time, Jeffery T. Mezger, KB Home’s president and chief executive officer since 2006 and chairman since 2016, will become chairman and chief executive officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert V. McGibney was elected as President and Chief Operating Officer at KB HOME.

Action: elected
Role: President and Chief Operating Officer

Exact text from the filing

the KB Home board of directors elected Robert V. McGibney, KB Home’s executive vice president and chief operating officer, as president and chief operating officer, effective February 1, 2024.

View on SEC.gov

KB HOME filing history →

Source: SEC EDGAR

accession 0000795266-24-000020

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