KB Home announced that Jeff J. Kaminski, its Executive Vice President, has decided to retire in early 2025 after more than 14 years in that position. Mr. Kaminski will continue to serve as Chief Financial Officer through the filing of KB Home?s 2024 Annual Report on Form 10-K and plans to assist the Company with the transition of his position. KB Home is following its succession planning process to identify its next chief financial officer.
KB Home is a homebuilding company, which builds a variety of new homes, including attached and detached single-family residential homes, townhomes and condominiums, designed primarily for first-time and first move-up, as well as second move-up and active adult, homebuyers. It offers homes in development communities, at urban in-fill locations and as part of mixed-use projects. Its segments include homebuilding and financial services. The homebuilding segments is engaged in the acquisition and development of land primarily for residential purposes. The financial services reporting segment offers property and casualty insurance and, in certain instances, earthquakes, flood and personal property insurance to its homebuyers in the same markets as its homebuilding segments and provides title services in the majority of its markets. It offers mortgage banking services, including residential consumer mortgage loan originations, to its homebuyers indirectly through KBHS Home Loans, LLC.
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