The Orange County Register staffer Jeff Collins reports on the latest leadership moves at William Lyon Homes.

Co-founder William Lyon moves to chairman emeritus while his son, Bill H. Lyon, succeeds him as chairman. Collins writes:

Bill H. Lyon, 42, also is relinquishing the title of co-CEO, becoming “executive chairman,” meaning he will continue to work with the CEO to establish and implement long-range goals for the Newport Beach-based home builder.

Matt Zaist becomes the sole CEO.

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