Lennar Corporation (NYSE: LEN and LEN.B) late Wednesday announced that Fred Rothman has been promoted to the position of Chief Operating Officer.

Rothman will continue to oversee the company's East Homebuilding Region and will take on an expanded role in Lennar's strategic land acquisition program. Jon Jaffe, who previously held the title of both President and Chief Operating Officer will continue to serve as the company's President with responsibility for the company's operations nationally.

Fred Rothman, Lennar COO.
Fred Rothman, Lennar COO.

Rick Beckwitt, CEO of Lennar, said, "Fred is an outstanding leader, and I am very pleased to have him become our Chief Operating Officer. His management skills are extraordinary, and he has been an integral part of our leadership team since joining Lennar in 2006. Given Fred's longstanding role in the company and broad understanding of the home building industry, he is perfectly suited to help expand our strategic land acquisition program."

Rothman has been involved in home building for more than 30 years. He joined Lennar in 2006, initially specializing in land acquisitions and overseeing the company's Northeast home building operations. He was promoted to Regional President of the Northeast in 2008, which subsequently expanded to include Lennar's entire Eastern United States home building operations. He earned a B.A. from the University of Pennsylvania in 1981 and a J.D. from New York University School of Law in 1984