Meritage Homes Appoints Geisha Williams as Director

By Tamara Parker • Monday, January 06 10:20 • Permanent Link

Meritage Homes (NYSE:MTH) has appointed Geisha Williams as an independent director to its board of directors, increasing its size to 12 directors. Williams brings over three decades of experience in the energy industry, culminating with her role as the former president and chief executive officer at PG&E Corporation. She was the first Latina CEO of a Fortune 200 company and has been recognized as the highest-ranking Latina leader in business.

Meritage Homes, the fifth-largest public homebuilder in the United States, closed on the construction of homes in 2023. The company has delivered over 190,000 homes in its 38-year history and has operations in Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee.

Meritage has been focusing on deepening the diversity of its perspectives over the past several years and through its last four board director appointments. The company's executive chairman, Steven J. Hilton, expressed the company's pleasure in welcoming Geisha Williams to the board, adding that her extensive operational leadership will further broaden the board's experiences and professional expertise.

Geisha Williams currently serves on the supervisory board of Siemens Energy AG and was a member of the global advisory board for Salesforce from 2022 to 2024. She also has private board experience with Artera Services and Osmose Utilities Services.

As an industry leader in energy-efficient homebuilding, Meritage has received numerous awards from the U.S. Environmental Protection Agency, including the Energy Star Partner of the Year for Sustained Excellence Award and Residential New Construction Market Leader Award, as well as the Indoor airPLUS Leader Award.

The appointment of Geisha Williams to the board demonstrates Meritage Homes' commitment to ongoing board refreshment and increased diversity, and the company plans to consider her for appointment to one or more board committees over the next several regularly scheduled board meetings. Following these announcements, the company's shares moved 0.9%, and are now trading at a price of $76.44. Check out the company's full 8-K submission here.

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