IRVINE, Calif.--(BUSINESS WIRE)--TRI Pointe Homes Southern California, a division of top 10 public homebuilder by equity market capitalization TRI Pointe (NYSE: TPH), announced today that Tom Grable has been promoted to division president. Grable is known for a collaborative leadership style, community development expertise, and a keen eye and passion for innovative home design.
As division president, Grable will focus on developing and implementing strategy and the annual operating plans for the division, while nurturing the company’s brand and building relationships with the larger community.
“Tom’s talent is obvious to anyone who has worked with him, here at TRI Pointe, or at any point in his impressive career in the building industry,” said TRI Pointe President and Chief Operating Officer Tom Mitchell. “He was one of our earliest team members, and with his active involvement in our industry and other community organizations, Tom makes a difference in the lives of others. As division president of TRI Pointe Homes Southern California, his capable leadership will be a tremendous asset to the company.”
Grable has been Vice President of Project Management since he joined TRI Pointe in 2010. Prior to TRI Pointe, he was with William Lyon Homes from 1998 to 2009 where he started as a Project Manager, became a Vice President in the Southern California Division in 2005, and Orange County Division Manager in 2006 and 2007.
In addition, Grable has served on the Building Industry Association (BIA) of Southern California’s Board of Directors since 2006, leading the BIA-OC Chapter as its President in 2006 while also serving as long-range planning committee representative and political action committee trustee. He also has held community leadership positions with the Saddleback Valley YMCA.
“Everything about the new home market in Southern California, from the buyer profiles to the fluctuating trends, is dynamic,” Grable said. “We understand this area, what makes it unique, and how to create a quality product the market will want. As the local housing market evolves, I’m eager to find more innovative ways to achieve even greater success with our customers, with the community and with our team.”
With Grable’s promotion, Tom Mitchell will focus on his role as President and Chief Operating Officer of TRI Pointe, with particular involvement with TRI Pointe Homes and Pardee Homes in California, Colorado and Nevada. CEO Doug Bauer will manage the remaining companies under the TRI Pointe brand, including Quadrant Homes, Maracay Homes, Trendmaker Homes and Winchester Homes.
About TRI Pointe Homes Southern California
Based in Irvine, California, TRI Pointe Homes Southern California designs, constructs and sells innovative single-family homes and condominiums. Founded on more than a century of combined real estate industry experience, the company is dedicated to bringing housing to both urban infill and award-winning master-planned communities throughout core growth markets in Southern California. Dedicated to insightful design and superior craftsmanship, the company is setting a new standard in homebuilding and customer experience. TRI Pointe is the recipient of various awards, including a first-place ranking in the 2013 Eliant Homebuyers' Choice Awards for homebuyers’ satisfaction with their purchase experience. For more information about TRI Pointe Homes Southern California, which is a division of top 10 public homebuilder by equity market capitalization TRI Pointe (NYSE: TPH), please visit www.tripointehomes.com
Forward-Looking Statements
Except for the historical information contained in this press release, the matters set forth in this press release, including statements regarding the Company's plans with respect to building and selling homes, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, the effect of general economic conditions, including employment rates, housing starts, interest rate levels, availability of financing for home mortgages, the strength of the U.S. dollar, adverse weather, regulatory approvals, labor shortages and other risks detailed in the Company's Annual Report on Form 10-K for the year ended December 31, 2013 and other documents subsequently filed with or furnished to the Securities and Exchange Commission. However, it is not possible to predict or identify all such risks and uncertainties. Consequently, while the foregoing list is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. These forward-looking statements are based on current information that may change and you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update any forward-looking statement to reflect events or circumstances after the issuance of this press release.
