---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-050493"
form_type: "8-K"
ticker: "CCS"
cik: "0001576940"
company_name: "Century Communities, Inc."
filed_at: "2024-12-27T23:59:59+00:00"
generated_at: "2026-05-28T23:03:52.343875+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Century Communities transitions to single CEO structure; Dale Francescon becomes Executive Chair, Robert Francescon CEO

## Summary
- Dale Francescon named Executive Chair; Robert J. Francescon becomes CEO and President effective Jan 1, 2025.
- Co-CEO structure eliminated; new employment agreements filed for both executives.
- Dale Francescon's base salary set at $1,000,000; eligible for annual bonus with target at least 175% of base.
- Executives may elect part-time Strategic Advisor role with base salary at least $750,000 and reduced compensation.
- Agreements run for initial 5-year term with automatic renewal; termination severance includes 2x base plus 2x average bonus.

## SEC filing metadata
- accession: 0001140361-24-050493
- form_type: 8-K
- ticker: CCS
- cik: 0001576940
- company_name: Century Communities, Inc.
- filed_at: 2024-12-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1576940/000114036124050493/0001140361-24-050493-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1576940/000114036124050493/ef20040727_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-050493
- JSON: https://secwatch.observer/filing/0001140361-24-050493.json
- Plain text: https://secwatch.observer/filing/0001140361-24-050493.txt

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