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Lennar logoLennar LEN

Lennar said it appointed Jim Parker as Chief Operating Officer effective June 5, 2026, with the effective date set at June 5, 2026. Parker is 56 years old and has more than 30 years of industry experience.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Lennar said it appointed Jim Parker as Chief Operating Officer effective June 5, 2026, with the effective date set at June 5, 2026. Parker is 56 years old and has more than 30 years of industry experience.

  2. The company said Parker was Area President leading the East operations from December 2025 and served as Regional President from May 2019 to December 2025. Before the 2018 merger with CalAtlantic Homes, he was Regional President of CalAtlantic Homes from October 2015.

  3. Lennar said its Board's Compensation Committee raised Parker's annual cash incentive target to $5,750,000 in connection with his appointment, effective June 5, 2026.

  4. Lennar said David Grove was named Executive Vice President, Homebuilding, effective June 5, 2026. The company said Grove was Area President leading the West operations from December 2025, and that he joined the company as a Construction Area Manager in 1999.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Lennar Appoints Jim Parker as Chief Operating Officer

Lennar said it appointed Jim Parker as Chief Operating Officer effective June 5, 2026, with the effective date set at June 5, 2026. Parker is 56 years old and has more than 30 years of industry experience.

Source · Based on the filing body and exhibits

Parker's Prior Roles and Background

The company said Parker was Area President leading the East operations from December 2025 and served as Regional President from May 2019 to December 2025. Before the 2018 merger with CalAtlantic Homes, he was Regional President of CalAtlantic Homes from October 2015.

Source · Based on the filing body and exhibits

Parker's Annual Cash Incentive Target Raised

Lennar said its Board's Compensation Committee raised Parker's annual cash incentive target to $5,750,000 in connection with his appointment, effective June 5, 2026.

Source · Based on the filing body and exhibits

David Grove Named EVP, Homebuilding

Lennar said David Grove was named Executive Vice President, Homebuilding, effective June 5, 2026. The company said Grove was Area President leading the West operations from December 2025, and that he joined the company as a Construction Area Manager in 1999.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.