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LGI Homes, Inc. Appoints Shailee Parikh to its Board of Directors

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LGI Homes announced the appointment of Shailee Parikh as an independent director to its Board, effective December 31, 2021. Currently serving as Global Head of Strategy and Solution Development for Health Solutions at Aon, Parikh brings extensive experience in corporate strategy, operations, and finance. Her prior roles include CFO of EMEA at Aon Hewitt and various positions at Reunion Bank of Florida and Morgan Stanley. CEO Eric Lipar expressed enthusiasm over her diverse expertise, which will enhance the Board's perspectives. LGI Homes has a strong track record, having closed over 50,000 homes and ranked 10th in residential building.

Positive
  • Appointment of Shailee Parikh enhances the Board's diversity and expertise.
  • Parikh's extensive experience in corporate strategy and finance may positively influence company direction.
Negative
  • None.

THE WOODLANDS, Texas, Dec. 08, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has appointed Shailee Parikh as a new independent director to its Board, effective December 31, 2021.

As Global Head of Strategy and Solution Development for Health Solutions at Aon plc, a leading global professional services firm, Ms. Parikh is responsible for leading strategic planning, solution design and development, and product lifecycle management for Aon’s Health business.

Prior to Ms. Parikh’s current role, she has held various leadership positions within Aon including Chief Financial Officer of EMEA, Aon Hewitt; Senior Vice President, Global Business Services; and Chief of Staff to the Chief Executive Officer of Aon plc. Ms. Parikh is a proven leader, having managed several transformational initiatives that successfully reshaped the business and delivered enhanced operational and financial outcomes. Prior to her roles with Aon, Ms. Parikh served in various finance leadership capacities, including roles with Reunion Bank of Florida, BB&T (formerly Colonial Bank) and within the Investment Banking Division of Morgan Stanley.

Ms. Parikh holds an MBA from Stetson University, a BS in Industrial Engineering and a BA in Economics from Northwestern University.

Eric Lipar, Chairman and Chief Executive Officer, stated, “We are excited to welcome Shailee Parikh to LGI Homes’ Board of Directors. Shailee’s broad, multi-disciplinary experience in global corporate strategy, operations and finance will provide valuable perspectives and enhance the diversity of expertise on our Board.”

About LGI Homes, Inc.

LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes. As one of America’s fastest growing companies, LGI Homes has a notable legacy of more than 18 years of homebuilding excellence, over which time it has closed more than 50,000 homes and has been profitable every year. Headquartered in The Woodlands, Texas, LGI Homes has operations across 35 markets in 19 states and, since 2018, has been ranked as the 10th largest residential builder in the United States based on units closed. Nationally recognized for its quality construction and exceptional customer service, LGI Homes’ commitment to excellence extends to its more than 900 employees, earning the Company numerous workplace awards at the local, state and national level, including Top Workplaces USA’s 2021 Cultural Excellence Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.

CONTACT:
Joshua D. Fattor
Vice President of Investor Relations
(281) 210-2586
investorrelations@lgihomes.com


FAQ

Who is Shailee Parikh and what is her role at LGI Homes?

Shailee Parikh is the newly appointed independent director at LGI Homes, effective December 31, 2021. She has extensive experience in corporate strategy and finance.

What experience does Shailee Parikh bring to LGI Homes?

Shailee Parikh has served in leadership roles at Aon, including Global Head of Strategy and Solution Development, and has a background in finance leadership with companies like Reunion Bank of Florida and Morgan Stanley.

When did Shailee Parikh join the Board of Directors of LGI Homes?

Shailee Parikh joined the Board of Directors of LGI Homes on December 31, 2021.

What impact might Shailee Parikh's appointment have on LGI Homes?

Parikh's appointment could provide valuable perspectives and enhance the Board's strategic direction, potentially benefiting the company's growth.

LGI Homes, Inc.

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THE WOODLANDS