---
schema_version: "secwatch.filing_event.v1"
accession: "0000795266-24-000020"
form_type: "8-K"
ticker: "KBH"
cik: "0000795266"
company_name: "KB HOME"
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T19:37:49.953967+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000795266-24-000020
- form_type: 8-K
- ticker: KBH
- cik: 0000795266
- company_name: KB HOME
- filed_at: 2024-01-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/795266/000079526624000020/0000795266-24-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/795266/000079526624000020/kbh-20240118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000795266-24-000020
- JSON: https://secwatch.observer/filing/0000795266-24-000020.json
- Plain text: https://secwatch.observer/filing/0000795266-24-000020.txt

## Key facts
- Executive change
  Jeffery T. Mezger changed role as Chairman and Chief Executive Officer at KB HOME.
  - Action: become
  - Role: Chairman and Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/795266/000079526624000020/0000795266-24-000020-index.htm
- Executive change
  Robert V. McGibney was elected as President and Chief Operating Officer at KB HOME.
  - Action: elected
  - Role: President and Chief Operating Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/795266/000079526624000020/0000795266-24-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.