KB Home (KBH) elevates Robert McGibney to CEO as Mezger becomes Executive Chairman

Rhea-AI Filing Summary

KB Home announced a planned leadership transition. The board promoted Robert V. McGibney, currently President and Chief Operating Officer, to President and Chief Executive Officer, effective March 1, 2026, and appointed him to the board, where he will not receive additional director compensation.

Current Chairman and CEO Jeffrey T. Mezger will become Executive Chairman and remain the company’s most senior executive officer with a significant management role. McGibney, age 51, has been with KB Home since 2000 and has held multiple senior operational roles, including Division President, Regional President, Chief Operating Officer and, since 2024, President overseeing company operations.

Insights

Corporate governance and leadership analyst

KB Home outlines an orderly CEO transition while keeping long-time leader Jeffrey Mezger in an active executive chair role.

KB Home is shifting day-to-day leadership to Robert McGibney, promoting him from President and Chief Operating Officer to President and Chief Executive Officer effective March 1, 2026. He also joins the board but will not receive extra compensation for board service, which keeps his pay structure focused on his executive role.

Jeffrey Mezger moves from Chairman and CEO to Executive Chairman, remaining the most senior executive officer with a significant management role. This structure blends continuity with leadership development, as McGibney brings over two decades at the company and extensive operational experience. Future disclosures in company filings may provide more detail on how responsibilities are allocated between the CEO and Executive Chairman roles.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report: January 22, 2026

(Date of earliest event reported) 

KB HOME

(Exact name of registrant as specified in its charter)

Delaware

1-9195

95-3666267

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

10990 Wilshire Boulevard

Los Angeles, California 90024

(Address of principal executive offices) (Zip Code) 

Registrant’s telephone number, including area code: (310) 231-4000

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock (par value $1.00 per share)			KBH			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Agreements of Certain Officers.

(b), (c) and (d) On January 22, 2026, the board of directors of KB Home (“Company”) promoted Robert V. McGibney, currently the Company’s President and Chief Operating Officer, to President and Chief Executive Officer and appointed him as a director, each effective March 1, 2026. As a director, he will not serve on any committees of the board nor receive any additional compensation for his board service. Upon Mr. McGibney’s becoming President and Chief Executive Officer, Jeffrey T. Mezger, currently the Company’s Chairman and Chief Executive Officer, will transition to serve as Executive Chairman of the board. In that new role, Mr. Mezger will be the most senior executive officer of the Company and continue to have a significant management role.

Mr. McGibney, age 51, joined the Company in 2000 in its Las Vegas division and held roles of increasing responsibility, from Division President (2012) to Regional General Manager (2016), Regional President (2018), and Chief Operating Officer and Executive Vice President (2021). In 2024, McGibney was elevated to President, with overall responsibility for the Company’s operations. McGibney earned a Bachelor of Science in Accounting/Finance from Missouri State University.

There are no arrangements between Mr. McGibney and any other persons pursuant to which he was appointed to serve in the above roles, and no family relationships between him and any Company director or executive officer. Additionally, Mr. McGibney has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

A copy of the press release announcing Mr. McGibney’s appointment as Chief Executive Officer is filed as Exhibit 99.1 to this report and is incorporated herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1    Press release announcing Robert V. McGibney’s appointment as Chief Executive Officer

104    Cover Page Interactive Data File (embedded within the Inline XBRL document).

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EXHIBIT INDEX

Exhibit No.						Description
99.1						Press release announcing Robert V. McGibney’s appointment as Chief Executive Officer
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 28, 2026

						KB Home
						By:			/s/ William A. (Tony) Richelieu
									William A. (Tony) Richelieu
									Vice President, Corporate Secretary and Associate General Counsel

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FAQ

What leadership change did KB Home (KBH) announce in this 8-K?

KB Home promoted Robert V. McGibney to President and Chief Executive Officer effective March 1, 2026. He also joins the board as a director, while Jeffrey T. Mezger becomes Executive Chairman and remains the company’s most senior executive officer with a significant management role.

What role will Jeffrey T. Mezger have at KB Home (KBH) after March 1, 2026?

Jeffrey T. Mezger will transition from Chairman and Chief Executive Officer to Executive Chairman of the board. In this new role, he remains the company’s most senior executive officer and continues to have a significant management role, supporting continuity in KB Home’s leadership structure.

Who is Robert V. McGibney, the new CEO of KB Home (KBH)?

Robert V. McGibney is KB Home’s President and Chief Operating Officer, promoted to President and Chief Executive Officer effective March 1, 2026. He joined the company in 2000 and has held senior roles including Division President, Regional President, Chief Operating Officer, and President overseeing overall operations since 2024.

When does Robert V. McGibney become CEO of KB Home (KBH)?

Robert V. McGibney becomes President and Chief Executive Officer of KB Home effective March 1, 2026. On that date, he assumes the CEO role from Jeffrey T. Mezger, who moves to Executive Chairman while remaining the company’s most senior executive officer with a major management role.

Will Robert V. McGibney receive extra pay for serving on KB Home’s board?

No. The filing states that as a director, Robert V. McGibney will not serve on any board committees and will not receive additional compensation for his board service. His compensation will therefore remain tied to his executive responsibilities rather than separate director fees or retainers.

Does KB Home (KBH) disclose any related-party or family relationships for Robert V. McGibney?

No related-party or family ties are disclosed. KB Home states there are no arrangements with other persons for his appointment, no family relationships with any director or executive officer, and no material interest in transactions that would require disclosure under Item 404(a) of Regulation S-K.