---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-032661"
form_type: "8-K"
ticker: "LEN"
cik: "0000920760"
company_name: "LENNAR CORP /NEW/"
filed_at: "2023-09-20T23:59:59+00:00"
generated_at: "2026-06-10T12:53:53.337082+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Lennar elects former Walmart EVP Dacona Smith to board, effective Sept 22, 2023

## Summary
- Dacona Smith, former Walmart EVP and COO of Walmart U.S. Stores, elected to Lennar board effective Sept 22, 2023.
- Board size increased from 10 to 11 members; Smith's term expires at the 2024 annual meeting.
- Smith retired from Walmart after 30+ years, beginning as hourly associate; brings operational efficiency expertise.
- Smith qualifies as independent under NYSE standards; will receive prorated director compensation.
- No arrangements or transactions with Smith or immediate family requiring disclosure.

## SEC filing metadata
- accession: 0001628280-23-032661
- form_type: 8-K
- ticker: LEN
- cik: 0000920760
- company_name: LENNAR CORP /NEW/
- filed_at: 2023-09-20T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920760/000162828023032661/0001628280-23-032661-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920760/000162828023032661/len-20230918.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-032661
- JSON: https://secwatch.observer/filing/0001628280-23-032661.json
- Plain text: https://secwatch.observer/filing/0001628280-23-032661.txt

## Key facts
- Executive change
  Dacona Smith was elected as director at LENNAR CORP /NEW/.
  - Action: elected
  - Role: director
  source text: the Board of Directors (the “Board”) of the Company, upon the recommendation of the Board’s Nominating and Corporate Governance Committee, had elected Dacona Smith to serve as a director, effective September 22, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/920760/000162828023032661/0001628280-23-032661-index.htm

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