Antonio B. Mon

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Mon Ousted from TOUSA CEO Post

He will be be replaced by John R. Boken within the next 30 days. Read more

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TOUSA CEO Likens Current Market to 80's Slump

Technical Olympic USA Inc. (TOUSA) is reporting a net loss of $132 million in the second quarter, joining a plethora of public home builders reporting quarterly losses. "We all know that the housing industry is in a downturn," CEO Antonio B. Mon said Thursday during a company teleconference addressing the second quarter earnings of TOUSA. "We are struggling as an industry to pinpoint where the bottom is and when the recovery will take place." Read more

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