Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 21, 2021, the Board of Directors (the "Board") of Landsea Homes
Corporation (the "Company") appointed Trenton Schreiner, age 53, to serve as the
Chief Accounting Officer of the Company. Mr. Schreiner will continue to serve as
Senior Vice President of Accounting of the Company, a position he has held since
January of 2021, and will oversee accounting and financial forecasting for the
Company. Mr. Schreiner has over 28 years of experience in the homebuilding
industry, with extensive experience in all accounting and financial aspects of
homebuilding. He previously served as Vice President of Finance of the Company's
Arizona division from January 2020 to January 2021. Prior to that time, he
served as Director of Finance at Garrett Walker Homes from June 2013 to January
2020, as Regional Financial Analyst Manager at K. Hovnanian Homes from January
2010 to June 2013, as Controller at D.R. Horton Inc. from July 2001 to January
2010, and as Accounting Manager/Accounting Clerk at Beazer Homes from August
1992 to July 2001. Mr. Schreiner graduated from Arizona State University and
holds a Bachelor of Science in Accounting.
No material plan, contract, or arrangement was entered into or materially
amended in connection with Mr. Schreiner's appointment as Chief Accounting
Officer of the Company, and there was no grant or award to Mr. Schreiner or
modification thereto under any such plan, contract, or arrangement in connection
with his appointment as the Company's Chief Accounting Officer. Mr. Schreiner
has (i) no family relationship with any director or other executive officer of
the Company or any person nominated or chosen by the Company to become a
director or executive officer; (ii) is not a party to any related person
transaction with the Company; and (iii) has no arrangements or understandings
with any other person pursuant to which he was appointed as Chief Accounting
Officer of the Company.
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