Lgi Homes Inc
Officers & Directors
Eric Lipar. Mr. Lipar is our Chief Executive Officer and serves as Chairman
of our Board of Directors. He has served as our Chief Executive Officer since
2009, as a director since June 2013 and as Chairman of the Board since July
2013. Previously, Mr. Lipar served as our President from 2003 until 2009. Mr.
Lipar has been in the residential land development business since the mid-1990s
and is one of our founders. He has overseen land acquisition, development and
the sales of over 8,500 homes since our inception. Mr. Lipar currently serves
on the Residential Neighborhood Development Council for the Urban Land Institute.
Michael Snider. Mr. Snider has served as our President since 2009, and Chief
Operating Officer since July 2013. He oversees all aspects of our sales, construction,
and product development. Since joining LGI in 2004 as Homebuilding Manager,
Mr. Snider also served as Executive Vice President of Homebuilding (2005-2009)
and President (2009-June 2013). Prior to joining us, Mr. Snider served as a
Project Manager for Tadian Homes, a homebuilder based in Troy, Michigan.
Charles Merdian. Mr. Merdian serves as our Chief Financial Officer, Secretary
and Treasurer. He was elected Secretary and Treasurer in 2013. Prior to becoming
our Chief Financial Officer in 2010, Mr. Merdian was our Controller from 2004
through 2010. Prior to joining us in 2004, Mr. Merdian served as Accounting
and Finance Manager for The Woodlands Operating Company where he specialized
in accounting and financial analysis of real estate ventures, focusing primarily
on residential and commercial developments. Prior to The Woodlands Operating
Company, Mr. Merdian served as an accounting manager working at the Williamson-Dickie
Manufacturing Co. and as a senior auditor for Coopers & Lybrand, L.L.P.
Mr. Merdian has worked in residential real estate and homebuilding finance since
1999. Mr. Merdian is a Certified Public Accountant and is a member of the Texas
Society of Certified Public Accountants.
Jack Lipar. Mr. Lipar has served as our Executive Vice President of Acquisitions
since March 2013. He previously served as Vice President of Acquisitions from
December 2010 through February 2013, and Acquisitions Manager from 2006 to December
2010. Mr. Lipar oversees land acquisitions and development for LGI. Prior to
joining us, Mr. Lipar worked at HP Pelzer, an auto parts manufacturing company
based in Germany, as the Vice President of Purchasing and Director of Operations.
Mr. Lipar was also the General Manager and a member of the Board of Directors
at Alliance Interiors, an affiliate of HP Pelzer. Prior to HP Pelzer, Mr. Lipar
was a worldwide Purchasing Manager for Cooper Standard, one of the world’s
leading manufacturers of automotive parts.
Margaret Britton. Mrs. Britton has served as our Chief Administrative Officer
since August 2013. She is responsible for various corporate areas, including
governance, risk and compliance matters. From 2008 to 2012, Mrs. Britton was
a Director at Deloitte Financial Advisory Services, LLP, where she provided
advisory services and was a leader in their national environmental consulting
practice. She worked as a consultant from 2003 to 2007 and, as such, among other
things, assisted two multinational energy companies with the implementation
and oversight of their Sarbanes-Oxley Act requirements. Prior to 2002, Mrs.
Britton was an assurance partner at Arthur Andersen LLP. Mrs. Britton is a Certified
Public Accountant and a member of the Board of Directors for the Girl Scouts
of San Jacinto Council.
Rachel Eaton. Mrs. Eaton serves as our Chief Marketing Officer and is responsible
for the overall growth and direction of our marketing initiatives, brand image
and social media. Prior to becoming our Chief Marketing Officer in June 2013,
Mrs. Eaton served as our Vice President of Marketing and Administration from
May 2012 through May 2013, Director of Marketing & Special Events from 2007
to May 2012, Executive Assistant from 2004 to 2007. Mrs. Eaton joined the Company
in 2003.
Lgi Homes Inc currently has 1056 employees.
News about Lgi Homes Inc Key Personnel |
LGI Homes Faces Challenges Amidst Strategic Expansion and Declining Revenue per EmployeeBy Author Name CSI Market March 5, 2025In a landscape marked by economic uncertainty and fluctuating housing markets, LGI Homes, Inc. (NASDAQ: LGIH) finds itself at a crossroads. With the announcement of 351 home closings in February 2025, the company continues to execute its growth strategy. However, deeper analysis reveals troubling signs about its operational efficiency and competitiveness in the home construction sector.While LGI Homes reported a robust performance in home closings during February, their revenue per employee has taken a hit, falling to $1,430,258 over the trailing twelve months. This drop raises ...
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LGI Homes Strengthens Position in Fluctuating Market with New Community Launch and Financial ManeuveringIn a strategic maneuver reflective of its enduring commitment to growth and resilience amid a turbulent housing market, LGI Homes, Inc. (NASDAQ: LGIH) has officially announced the opening of a new community in Waynesboro, Pennsylvania, with homes starting in the mid $300,000s. This development marks a significant expansion of LGI s footprint in the Northeastern region of the United States, where the demand for affordable housing persists despite economic volatility.The unveiling of this community not only exemplifies LGI Homes dedication to providing high-quality, affordable housing options but also refle...
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LGI Homes, Inc. Reports January 2024 Home Closings
LGI Homes, Inc., a leading homebuilder in the United States, recently annou...
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LGI Homes, Inc. Reports Promising Home Closings but Faces Challenges with Return on Equity
In November 2023, LGI Homes, Inc. reported the successful closing of 522 homes, signifying a notable increase of 26.7% compared to the previous year. This boost in home closings demonstrates the company s ability to capture a larger market share and meet growing demand. However, upon examining LGI Homes Inc s return on equity (ROE) during the third quarter of 2023, concerns arise as the ROE stands at 10.58%, falling below the company s average ROE of 25.01%.
Despite witnessing a commendable 26.18% growth in net income from the second quarter of 2023, LGI Homes Inc experienced a decreased ROE compared to the p...
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