Taylor Morrison has hired Chuck Evans, a financial executive with 16 years of home-building experience, as its new Chief Financial Officer.
"Chuck brings a wealth of knowledge and experience to Taylor Morrison and will be a great complement to our leadership team," CEO Sheryl Palmer said in a prepared release. "His financial expertise in the home building sector will benefit Taylor Morrison greatly as we focus on cash management and controlling costs while moving forward as a developer and builder of new communities."
Evans replaces Marek Bakun, who was in the position on an interim basis after the merger of the company's British parents, Taylor Morrison and George Wimpey. Bakun had been Morrison's CFO before the merger.
Evans, 41, came to Taylor Morrison from Acacia Capital Corp., where he was a senior vp in charge of "seeking (investment) opportunities that everyone believes exist in the market," Evans said. Before that he was CFO and vp of TOUSA's west division.
Evans started out in the home-building business on the ground floor in San Diego, doing tile, electrical and concrete work for his brother. "At one point, tired and exhausted from all the physical labor, he decided to go to college, enrolling in the military with the hope of getting a college education and becoming a pilot. Being 75% color blind squashed that dream, but it did get him a college degree. The CPA has a bachelor's degree in accounting/management from Park College in Parkville, MO. and a master's of business administration from the University of California.
He re-entered the home building arena during the last big downturn in the late 1990s, working for KPMG, then Peat Marwick. "I learned a tremendous amount through working with various banking institutions and dealing with Resolution Trust Company assets," he said. "Every day was a challenge."
"I absolutely love this industry," Evans said. "Even during the tough times I still think it's a very positive thing to do--provide homes for families. I'm probably not just a widget kind of guy. I like the challenge of finding good assets and making the best of them."