Exiting a market is more involved than just saying goodbye

As it winds down its Florida operations, Kimball Hill Homes offers performance-based incentives to remaining associates there.

 

Exit Strategy

  • Fieldstone Names Arthur President/COO

    F.N.E. Holdings, LLC, Irvine, Calif.,parent of the Fieldstone Group of Companies, on August 10 named C. Alan Arthur president and COO, succeeding Chad Ogden. Arthur had been exec vp and CFO since 2007 and had been running the Utah and Texas home building divisions for the past two years. Earlier...

     
  • Finley Perry

    20 After 20: Finley Perry

    Despite a down economy, Boston-area custom builder/remodeler Finley Perry's business succession plan is right on track.

     
  • Boom looming: retirement is no panacea for a cohort just turning 65

    The Associated Press' Dave Carpenter reports on how the disappearance of pensions, the failure to save, the underperformance of 401(k) programs, and the deflation in housing will hit baby boomers on the verge of retirement: Hard.

     
  • Ashton Woods Names New CEO

    Ashton Woods' board of directors has elected a new chief executive to replace retiring Tom Krobot. Kenneth S. Balogh, the company's COO, will become the new CEO on Jan. 1. In order to have an orderly transition, Krobot, 63, who has been Ashton Woods' president and CEO since 1995, will remain at the...

     
  • Orleans Plans Bankruptcy Exit

    Orleans Homebuilders plans to be out of bankruptcy reorganization before year-end 2010, the company reported Wednesday. A bankruptcy court judge has signed off on Orleans' disclosure plan, sending its reorganization plan off to creditors for a vote. A hearing for the court's approval of the plan is...

     
  • Pulte's Petruska to Retire in August

    Its merger complete and integration on track, PulteGroup has begun to "flatten" the company's structure with the retirement of executive vice president and COO Steven C. Petruska. CEO Richard J. Dugas Jr. will take on Petruska's duties. Dugas served as Pulte's COO from 2002 to 2003.

     
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    Doug Yearley Takes the Reins at Toll Brothers

    20-year company veteran expects to pick up where his mentor, Bob Toll, is leaving off.

     
  • Structure Homes Turns to Academia to Transform Itself for Longevity

    Over 18 months, the Los Angeles area custom builder organized its departments and employees to give each more authority.

     
  • Former Builder Eases Into Island Time

    Arizona's Artisan Homes founder Eric Brown is taking over a restaurant in St. Maarten.

     
  • More Details Emerge About Mercedes Homes’ Reorganization

    Restructuring of ESOP builder would leave employee-investors with nothing and give founding family, which lent the firm millions, sole ownership.