secwatch.observer — SEC 8-K summary
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Issuer:     LENNAR CORP /NEW/ (LEN)
CIK:        0000920760
Form:       8-K
Filed at:   2025-11-14T23:59:59+00:00
Accession:  0001628280-25-052423
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lennar Co-CEO Jon Jaffe to retire Dec 31, 2025; no replacement; Miller stays as CEO
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- Jon Jaffe retires after 42 years; resigns as director effective Dec 31, 2025.
- Board size reduced from 10 to 9 members upon Jaffe's departure.
- Stuart Miller continues as Executive Chairman and CEO; no successor named.
- Company cites need to streamline leadership and promote affordability for housing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/920760/000162828025052423/0001628280-25-052423-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/920760/000162828025052423/len-20251112.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-052423

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer