Robert R. Dillard Joins KB Home as Executive Vice President and Chief Financial Officer

Rhea-AI Summary

KB Home (NYSE: KBH) has appointed Robert R. Dillard as Executive Vice President and Chief Financial Officer, effective March 31, 2025. Dillard joins from Sonoco Products Company where he served as CFO, overseeing net sales of $5.3 billion in 2024.

Dillard brings diverse experience, having previously held positions as President of Domtar Personal Care Europe and President of Stanley Hydraulics at Stanley Black & Decker. Chairman and CEO Jeffrey Mezger highlighted Dillard's combined operations and finance expertise, emphasizing his proven leadership and focus on driving profitability and returns.

Positive

• Appointment of experienced CFO with proven track record in managing $5.3B revenue operations
• New CFO brings diverse executive experience across operations and finance
• Strategic hire focused on driving profitability and returns

Negative

• New CFO won't start until March 31, 2025, creating a transition period

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today announced that it has appointed Robert R. Dillard as the Company’s Executive Vice President and Chief Financial Officer, effective March 31, 2025. Most recently, Mr. Dillard was the Chief Financial Officer at Sonoco Products Company (NYSE: SON), a packaging and industrial products company, with 2024 net sales of $5.3 billion. Previously, he was the President of Domtar Personal Care Europe, a division of Domtar Corporation, and the President of Stanley Hydraulics, a division of Stanley Black & Decker (NYSE: SWK).

“On behalf of the entire KB Home team, we welcome Rob to the Company,” said Jeffrey Mezger, Chairman and Chief Executive Officer. “Rob is a well-rounded and seasoned executive with both operations and finance experience, including business unit P&L responsibility, at a number of different industrial and consumer companies. In addition, he is a proven and thoughtful leader, highly skilled in accounting and finance, with a focus on driving profitability and returns. I am looking forward to his partnership in leading KB Home forward,” concluded Mezger.

About KB Home

KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 49 markets, have built nearly 700,000 quality homes in our more than 65-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional homebuying experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250324035632/en/

For Further Information:

Jill Peters, Investor Relations Contact

(310) 893-7456 or

investorrelations@kbhome.com

Source: KB Home

FAQ

When will Robert Dillard start as CFO at KB Home (KBH)?

Robert Dillard will begin his role as Executive Vice President and CFO at KB Home on March 31, 2025.

What was Robert Dillard's previous position before joining KBH?

He was the Chief Financial Officer at Sonoco Products Company (NYSE: SON), which had net sales of $5.3 billion in 2024.

What executive experience does KBH's new CFO Robert Dillard have?

Dillard has experience as CFO of Sonoco Products, President of Domtar Personal Care Europe, and President of Stanley Hydraulics at Stanley Black & Decker.

Why did KB Home (KBH) choose Robert Dillard as their new CFO?

KBH selected Dillard for his combined operations and finance experience, proven leadership, accounting skills, and focus on driving profitability and returns.