LANDSEA HOMES NAMES VINCE RUFFINO NEW DIVISION PRESIDENT IN TEXAS

Landsea Homes Corporation (Nasdaq: LSEA) has appointed Vince Ruffino as the new President for its Texas Division, aiming to leverage his extensive experience in homebuilding.

Rhea-AI Summary

Landsea Homes Corporation (Nasdaq: LSEA) has appointed Vince Ruffino as the new President for its Texas Division, aiming to leverage his extensive experience in homebuilding. Ruffino brings nearly 30 years of expertise, having previously worked with Richmond American Homes and Chesmar Homes. The company is focusing on developing nearly 60% of new homes in Kyle, Texas, emphasizing sustainable and innovative High Performance Homes. Mike Forsum, COO, expressed confidence in Ruffino's leadership while highlighting the potential of the fast-growing Kyle area.

Positive

• Appointment of Vince Ruffino as Texas Division President, bringing nearly 30 years of experience.
• Focus on developing 60% of new homes in Kyle, Texas, a rapidly growing area.
• Introduction of High Performance Home features, appealing to environmentally conscious buyers.

Negative

• None.

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Longtime Texas Homebuilding Executive to Oversee Region

NEWPORT BEACH, Calif., Jan. 23, 2023 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that Vince Ruffino has been named the new President for the Texas Division of the company.

"Vince is a longtime veteran of homebuilding in Texas, which will be very beneficial as our plans for this division come to fruition this year," said Mike Forsum, president and chief operating officer, Landsea Homes. "We are fortunate to have Vince's experience and expertise leading the division as we bring our best-in-class homes to the master-planned community in Kyle, where we are developing nearly 60% of the homes available. New homebuyers will have an opportunity to experience the unique lifestyle offered in one of the fastest-growing cities in Texas."

Ruffino brings nearly three decades of homebuilding experience to Landsea Homes, joining the company after most recently serving as Executive Vice President of Operations/Division President for Richmond American Homes. Previously in Texas he served as a Division Manager for Red Door Homes in Houston after spending nearly a decade as the Vice President of Construction Operations for Chesmar Homes LP. He began his career as Director of Construction for Lennar Homes in Houston. 

"I am very honored and humbled about the opportunity to lead the Texas division of one of the top public homebuilders in the nation, Landsea Homes," said Ruffino. "We have a lot of exciting work ahead of us this year. With more than 900 lots in Kyle, our homes will be the first in Texas to be equipped with our High Performance Home features, which are sure to resonate well with new homebuyers." 

About Landsea Homes Corporation

Landsea Homes Corporation (Nasdaq: LSEA) is a publicly traded residential homebuilder based in Newport Beach, CA that designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company has developed homes and communities in New York, Boston, New Jersey, Arizona, Florida, Texas and throughout California in Silicon Valley, Los Angeles, and Orange County. Landsea Homes was named the 2022 winner of the prestigious Builder of the Year award, presented by BUILDER magazine, in recognition of a historical year of transformation. 

An award-winning homebuilder that builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities, Landsea Homes is known for creating inspired places that reflect modern living and provides homebuyers the opportunity to "Live in Your Element." Our homes allow people to live where they want to live, how they want to live – in a home created especially for them. 

Driven by a pioneering commitment to sustainability, Landsea Homes' High Performance Homes are responsibly designed to take advantage of the latest innovations with home automation technology supported by Apple®. Homes include features that make life easier and provide energy savings that allow for more comfortable living at a lower cost through sustainability features that contribute to healthier living for both homeowners and the planet. 

Led by a veteran team of industry professionals who boast years of worldwide experience and deep local expertise, Landsea Homes is committed to positively enhancing the lives of our homebuyers, employees, and stakeholders by creating an unparalleled lifestyle experience that is unmatched. 

For more information on Landsea Homes, visit: https://landseahomes.com/.

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SOURCE Landsea Homes

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the new Texas Division President for Landsea Homes (LSEA)?

Vince Ruffino has been appointed as the new President for the Texas Division of Landsea Homes.

What new developments is Landsea Homes (LSEA) planning in Texas?

Landsea Homes is planning to develop nearly 60% of new homes in Kyle, Texas.

What are High Performance Homes offered by Landsea Homes (LSEA)?

High Performance Homes are energy-efficient homes with advanced features designed for sustainable living.

When was the press release about Landsea Homes (LSEA) announced?

The press release was announced on January 23, 2023.