Green Brick Partners, Inc. Announces Promotion of Jed Dolson to President
30 Octobre 2023 - 9:06PM
Green Brick Partners, Inc. (NYSE: GRBK) (the “Company” or “Green
Brick”) today announced the promotion of Jed Dolson to President
and Chief Operating Officer. This announcement recognizes the
significant contributions and leadership of Mr. Dolson that have
played an integral role in Green Brick’s growth, including being
named by Fortune Magazine the past four years as one of the fastest
growing public homebuilders and land development companies in the
country.
Mr. Dolson first joined Green Brick in 2010,
serving as our primary development consultant. Mr. Dolson then
served from 2013-2017 as Green Brick’s Head of Land Acquisition and
Development. From 2017 to 2020, Mr. Dolson served as the President
of the Texas Region until his promotion to Executive Vice President
and Chief Operating Officer in September 2020. Mr. Dolson received
a bachelor’s degree in civil engineering from Texas A&M
University and a master’s degree in Civil Engineering from Stanford
University.
James Brickman, a Co-Founder and CEO of Green
Brick, said, “Jed and I have worked side by side for almost 14
years. He understands our business top-down and bottom-up, earning
his way to this position of leadership by working tirelessly
day-after-day and year-after-year in all aspects of our business.
Jed exemplifies our values set forth in the acronym H.O.M.E. based
on the way he approaches every area of our company, including
working with our trade partners, development and strategic
partners, and guiding our employees with honesty, objectivity,
maturity, and efficiency. His strategic and disciplined approach to
our operations has led to Green Brick’s success, including
overseeing the growth of our 7 subsidiary builder brands. Jed has
also spearheaded the astounding expansion of one of those builders,
Trophy Signature Homes, which has gone from starting from scratch
in 2018 to one of the leading builders in the Dallas-Fort Worth
area, as well as Trophy’s successful launch in the Austin market
this year.”
David Einhorn, a Co-Founder and Chairman of the
Green Brick Board of Directors, said, “Jed is knowledgeable,
genuine, driven, and has been an invaluable member of the Company’s
management team. Jed and Jim have served as a dynamic duo that have
built Green Brick from a homebuilding company that sold less than a
dozen homes in its first year in 2009 to a publicly traded
homebuilding and land development company that generated revenue in
excess of $1.7 billion last year with some of the best performance
metrics of any homebuilder. I look forward to continuing to work
directly with Jed in his new role as President as part of the next
chapter of the Green Brick story.”
Mr. Dolson said, “I am honored and privileged to
have helped Green Brick reach levels I would never have imagined
back when I first started at the company. But I am even more
excited about the runway for growth I see for Green Brick over the
next several years. With the strong financial and operational
platform we’ve built and, most importantly, the team we have
assembled, I am confident we are heading to a bright future.”
About Green Brick Partners,
Inc.Green Brick Partners, Inc. is a diversified
homebuilding and land development company that operates in Texas,
Georgia, and Florida and has a non-controlling interest in a
Colorado homebuilder. Green Brick owns five subsidiary homebuilders
in Texas (CB JENI Homes, Normandy Homes, Southgate Homes, Trophy
Signature Homes, and a 90% interest in Centre Living Homes), as
well as a controlling interest in a homebuilder in Atlanta, Georgia
(The Providence Group) and an 80% interest in a homebuilder in Port
St. Lucie, Florida (GHO Homes). Green Brick also owns a
noncontrolling interest in Challenger Homes in Colorado Springs,
Colorado, and retains interests in related financial services
platforms, including Green Brick Title and BHome Mortgage. The
Company is engaged in all aspects of the homebuilding process,
including land acquisition and development, entitlements, design,
construction, marketing, and sales for its residential
neighborhoods and master-planned communities. For more information
about Green Brick Partners Inc.’s subsidiary homebuilders, please
visit greenbrickpartners.com/homebuilders.
Forward-Looking and Cautionary
Statements:This press release contains “forward-looking
statements”, within the meaning of the Private Securities
Litigation Act of 1995, regarding our future operations and
financial results and our ability to take advantage of our future
growth opportunities. These forward-looking statements reflect our
current views about future events and involve assumptions which may
be affected by risks and uncertainties in our business, as well as
other external factors, which could cause future results to
materially differ from those expressed or implied in any
forward-looking statement. These risks include, but are not limited
to: (1) our inability to successfully execute our strategies,
including an inability to grow our operations or expand our Trophy
brand; (2) our inability to implement new strategic investments;
(3) difficulty in obtaining sufficient capital to fund our growth;
and (4) our ability to meet our debt service obligations. For a
more detailed discussion of these and other risks and uncertainties
applicable to Green Brick please see our most recent Annual Report
on Form 10-K filed with the Securities and Exchange Commission.
Contact: Benting
HuVice President of
Finance469-573-6755IR@greenbrickpartners.com
Green Brick Partners (NYSE:GRBK)
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