Sept 30 (Reuters) - U.S homebuilder KB Home ( KBH ) said
on Monday its finance chief Jeff Kaminski has decided to retire
in early 2025, after more than 14 years in the role.
Kaminski, an industry veteran who joined the homebuilder in
2010, had previously held the role of chief financial officer at
U.S auto parts maker Federal-Mogul.
"Jeff has played a critical role in improving the financial
structure of our business, particularly in architecting and
driving the execution of our returns-focused growth strategy,"
KB Home ( KBH ) CEO Jeffrey Mezger said.
U.S. homebuilder confidence edged up in September as
mortgage rates fell, breaking four months of consecutive
declines, but remained at relatively low levels as rising costs
continued to impede construction.
Kaminski will continue to serve as the CFO through the
filing of KB Home's ( KBH ) 2024 annual report, the company added.