---
schema_version: "secwatch.filing_event.v1"
accession: "0000906163-22-000020"
form_type: "8-K"
ticker: "NVR"
cik: "0000906163"
company_name: "NVR INC"
filed_at: "2022-03-24T23:59:59+00:00"
generated_at: "2026-06-26T19:09:09.525221+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Founder Schar to retire; Saville becomes Executive Chairman, Bredow named CEO at NVR

## Summary
- Dwight C. Schar, founder and Chairman, will retire effective May 4, 2022, end of his term.
- Paul C. Saville, current CEO, to be elected to Board and become Executive Chairman on May 4.
- Eugene J. Bredow, President of NVR Mortgage, appointed President and CEO effective May 4.
- Manuel H. Johnson and William A. Moran also retiring from Board at annual meeting.
- Saville was CEO since 2005; Bredow has been with NVR since 2004 and led NVR Mortgage since 2019.

## SEC filing metadata
- accession: 0000906163-22-000020
- form_type: 8-K
- ticker: NVR
- cik: 0000906163
- company_name: NVR INC
- filed_at: 2022-03-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/906163/000090616322000020/0000906163-22-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906163/000090616322000020/nvr-20220322.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000906163-22-000020
- JSON: https://secwatch.observer/filing/0000906163-22-000020.json
- Plain text: https://secwatch.observer/filing/0000906163-22-000020.txt

## Key facts
- Executive change
  Paul C. Saville was appointed as Executive Chairman of the Board at NVR INC.
  - Action: appointed Executive Chairman and will relinquish President and CEO
  - Role: Executive Chairman of the Board
  source text: Effective upon election to the Board, Mr. Saville will be appointed Executive Chairman of the Board and will relinquish the President and Chief Executive Officer positions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/906163/000090616322000020/0000906163-22-000020-index.htm
- Executive change
  Dwight C. Schar departed as Chairman of the Board at NVR INC.
  - Action: retiring
  - Role: Chairman of the Board
  source text: Dwight C. Schar, Chairman of NVR’s Board of Directors, (the “Board”) will be retiring effective May 4, 2022, the end of Mr. Schar’s current term.
  evidence_url: https://www.sec.gov/Archives/edgar/data/906163/000090616322000020/0000906163-22-000020-index.htm
- Executive change
  Eugene J. Bredow was appointed as President and Chief Executive Officer at NVR INC.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: The Board of Directors has appointed Eugene J. Bredow, currently President of NVR Mortgage, to become President and Chief Executive Officer effective May 4, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/906163/000090616322000020/0000906163-22-000020-index.htm

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