Lennar Corporation named Jim Parker chief operating officer and David Grove executive vice president, homebuilding, effective immediately.
Parker and Grove had both been serving as area presidents before the promotion. Parker led Lennar’s East operations, while Grove led the West operations.
The changes come after long careers inside the company and the homebuilding industry. Parker has 30 years of industry experience and joined Lennar through its 2018 merger with CalAtlantic Homes, where he had been regional president. Before that, he held leadership roles at John Wieland Homes and Beazer Homes, founded and sold Parker Chandler Homes, and later served as Atlanta division president and area president at Ryland Homes.
Grove also has 30 years of industry experience, but his career has been entirely with Lennar. He joined in 1999 as a construction area manager in Austin, became division president in 2004, led the San Antonio division for more than a decade, oversaw Austin and San Antonio, then moved to Dallas in 2017 as division president of Dallas-Fort Worth. He was named regional president for Texas in 2022 before becoming area president.
Both executives will continue reporting to Stuart Miller, who is executive chairman, chief executive officer and president of Lennar. Miller said Parker and Grove have “consistently delivered strong results” and highlighted their focus on quality homes and customer value. Today the company's shares have moved 0.88% to a price of $91.29. For more information, read the company's full 8-K submission here.
