Jeffrey J. McCall, formerly CFO/Americans with REGUS PLC, has been named chief financial officer and executive vice president of Standard Pacific Corp. (NYSE:SPF), effective June 1.
McCall succeeds John Stephens, who Standard Pacific said is leaving the company to pursue other opportunities. McCall will report to Chief Executive Officer Ken Campbell.
"Having worked with Jeff in the past, I know firsthand the unique perspective from beyond the home-building industry that he will bring to our company as we continue to navigate the current market environment," said Campbell. "His ability to translate his extensive financial expertise into actionable business strategies will uniquely position our company for further success."
REGUS PLC is a large provider of workplace solutions. During his seven years with REGUS, he was responsible for the financial, strategic and operating direction for the Americas region, which includes 500 locations in 15 countries. McCall had previously serviced a CFO and EVP of HQ Global Workplaces, Inc., whih was acquired by REGUS in 2004.
Earlier in his career, McCall served as a Principal at Casas, Benjamin & White, LLC, a financial advisory services firm specializing in middle market mergers, acquisitions, divestitures, restructurings and private equity investments.
Regard Stephens, StanPac CEO Ken Campbell said, "John has been an integral part of the transformation of Standard Pacific Homes from a company that many had counted out of the game to one of the leaders in our industry. He led the recent refinancing of over $1.3 billion of our near-term debt and procured our $210 million unsecured revolving credit facility, positioning the company for years of growth to come. We wish John all the best."