KB Home (NYSE:KBH), which in September announced it was resuming home building operations in the Mid-Atlantic region, on Thursday named new presidents--both veterans of Pulte Homes--to run the Washington D.C. Metro and Carolinas divisions. Both are new positions.
John Reeves was named president of KB's Washington, D.C. Metro division, which includes the states of Maryland and Virginia. He has responsibility for all operations in the divison, including land acquisition, construction, sales and customer service.
Previously, Reeves was COO of the Silver Companies in Virginia, a commercial and residential real estate investment and development company. Prior to Silver, Reeves was with Pulte Homes for eight years, where he served as president of its Washington Division, one of the largest operating divisions in the company. Reeves is a graduate of Colgate University with a B.A. in Economics and from the University of Hartford with an M.S. in Public Accounting.
"John's broad experience in land acquisition, planning, development and operations, combined with his deep knowledge of the vibrant local housing market surrounding our nation's capital, will help KB Home offer a top notch built-to-order homebuying experience to area residents," said Vince DePorre, regional president of KB Home.
In the Carolinas divison, Jon Hardy was named president, where he'll oversee all home building operations throughout the Raleigh, Charlotte, Charleston and Columbia markets. Hardy was division president for Pulte Homes in Charlotte and brand manager for Pulte's Del Webb division and also spent 12 years at Ryland Homes, most recently as division president for its Carolinas division, which included the Charlotte, Greensboro, Greenville and Charleston markets. Hardy holds a bachelor's degree in science business management from Robert Morrison University.
"Jon brings over 30 years of building industry experience to this role ... His talent, energy and in-depth market knowledge will be invaluable as we open new communities and introduce new home designs for homebuyers in the Carolinas," said DePorre.
Learn more about markets featured in this article: Washington, DC.