United Homes Group Announces Board of Directors Update
22 Abril 2024 - 4:00PM
Business Wire
United Homes Group, Inc. (“UHG” or the “Company”) (Nasdaq: UHG)
announced today that David Hamamoto has resigned from the Board of
Directors. Mr. Hamamoto was the founder and principal sponsor of
DiamondHead Holdings Corp., which subsequently merged with Great
Southern Homes to create UHG, now a publicly-traded homebuilder.
The Company is also announcing that Mr. Hamamoto’s seat will be
filled by Jamie Pirrello, a 30-year veteran of the homebuilding
industry whose resume includes leadership roles at publicly traded
homebuilders including Century Communities, Inc. (NYSE: CCS), NVR
(NYSE: NVR) and UCP, Inc. (NYSE: UCP).
Mr. Hamamoto commented, “It’s been an honor to partner with
Michael Nieri and team over the past few years to help guide his
company into the public markets. As we’ve recently recognized the
one-year anniversary of the business combination between Great
Southern Homes and DiamondHead Holdings and the listing of UHG, the
time is right to bolster the team with a seasoned homebuilding
professional of Jamie’s caliber. As an equity investor in the
company, I look forward to its continued growth.”
UHG Chairman and CEO Michael Nieri stated, “David was critical
in helping me fulfill my vision in becoming a publicly traded
homebuilder, particularly at a time when macro headwinds were a key
focus of investor sentiment around our industry. He’s been a great
partner – I thank him for his contributions and wish him well in
future endeavors. At the same time, I’m excited to welcome Jamie to
the UHG team. His industry experience will be an asset to the
organization now and in the future.”
Mr. Pirrello is currently the Managing Partner of
Berkeley-Columbia Consulting Group. From 2018 through February
2023, Mr. Pirrello served as a Regional President for Century
Communities, overseeing the company’s Southeast, Texas and Florida
regions. From 2017 to 2018, Mr. Pirrello was the CFO of Interior
Logic Group, one of the nation’s largest flooring and finishes
contractors to homebuilders, multifamily builders, and big box home
supply stores. During his tenure at ILG, he guided the company
through its merger with Interior Specialists, ILG’s largest
competitor, in early 2018. From 2016 to 2017, Mr. Pirrello was the
CFO of UCP, a San Jose-based land developer and homebuilder that
was acquired by Century Communities in 2017. Before UCP, Mr.
Pirrello spent most of his 30 years in homebuilding with large
public and private builders, including PulteGroup, Inc. (NYSE:
PHM), NVR, First Homebuilders of Florida, and BCB Homes, in markets
throughout the United States. He has raised billions of dollars in
capital, both public and private, and including debt and equity.
Mr. Pirrello has extensive experience in M&A transactions and
homebuilding operations. Mr. Pirrello earned two MBAs, from
Columbia University and the University of California at Berkeley,
and his undergraduate degree in accounting from Juniata
College.
Mr. Pirrello stated, “I’m thrilled to join the UHG Board of
Directors and believe my experience is uniquely aligned to help the
company accomplish its medium and long-term growth goals. The
combination of UHG’s strong legacy foundation and investments over
the past year as a public company to drive future growth are a
great platform for future success.”
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version on businesswire.com: https://www.businesswire.com/news/home/20240422633151/en/
Investor Relations Contact: Drew Mackintosh
drew@mackintoshir.com Mobile: 310-924-9036
Media Contact: Erin Reeves-McGinnis
erinreevesmcginnis@unitedhomesgroup.com Phone: 844-766-4663
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