Taylor Morrison Appoints Lou Steffens as Next Chief Financial Officer
"Following an extensive search and interview process of both internal and external candidates, I am proud that we were able to pull from our bench of talented leaders to fill this position," said
Since Steffens joined Taylor Morrison in 2007, he has served as an area and regional president in various markets across the country and as a member of the Executive Leadership Team. As President of Mergers and Acquisitions, he led the organization through six successful acquisitions and integrations that added meaningful operational scale and geographic breadth that transformed the Company's ability to generate long-term shareholder value. Most recently, he has overseen the Company's Results Management Office, where he has spearheaded operational initiatives further enhancing the Company's financial results.
"After helping to guide the Company through significant growth via acquisitions, I am excited about the opportunities we have ahead to fully take advantage of the scale and efficiencies we gained since becoming one of the nation's largest homebuilders," said Steffens. "With the strong foundation developed by Dave, I am confident in the positive momentum he has helped to establish and look forward to working even more closely with our finance team to expedite the execution of our strategic plan."
Prior to joining Taylor Morrison, Steffens worked for two national homebuilders,
After a nine-year history at Taylor Morrison, Executive Vice President and Chief Financial Officer
"It is with tremendous pride and a high level of confidence that I'll be leaving Taylor Morrison in Lou's capable hands. I know he will build upon the financial and operational advantages that we have created and will continue to drive meaningful results in the years ahead. I look forward to watching the Company's continued success," said Cone.
After a collaborative transition with Cone, Steffens will officially assume the Chief Financial Officer position on
About Taylor Morrison
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This press release includes "forward-looking statements." These statements are subject to a number of risks, uncertainties and other factors that could cause our actual results, performance, prospects or opportunities, as well as those of the markets we serve or intend to serve, to differ materially from those expressed in, or implied by, these statements. You can identify these statements by the fact that they do not relate to matters of a strictly factual or historical nature and generally discuss or relate to forecasts, estimates or other expectations regarding future events. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "may," "can," "could," "might," "will" and similar expressions identify forward-looking statements, including statements related to expected financial, operating and performance results, planned transactions, planned objectives of management, future developments or conditions in the industries in which we participate and other trends, developments and uncertainties that may affect our business in the future. Forward-looking statements speak only as of the date they are made. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. This discussion is provided as permitted by the Private Securities Litigation Reform Act of 1995, and all of our forward-looking statements are expressly qualified in their entirety by the cautionary statements contained or referenced in our most recent Annual Report on Form 10-K, including those described under the heading "Risk Factors" in Part I, Item 1A.
CONTACT: Investor Relations
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SOURCE Taylor Morrison