Ashton Woods Homes—No. 14 on the 2022 Builder 100— has announced that chief financial officer Cory J. Boydston is retiring, effective Dec. 31, 2022. The board of directors for Ashton Woods has chosen Zachary R. Sawyer as the new CFO upon Boydston’s retirement.
“It has been an honor and an absolute pleasure to have served in this role with Ashton Woods over the last 13 years and to be a part of this exceptional leadership team and company,” says Boydston. “I am proud to have played a role in the many milestones the company has achieved, and I am confident the company will continue to prosper with Zack serving as CFO, as I move on to new adventures.”
Boydston has been CFO since 2009 and has been a driving force in Ashton Woods’ strategic growth. Ashton Woods has expanded into new markets and is now recognized as one of the largest private home building companies in the U.S. Within her 13 years, the company has grown from approximately $300 to over $3 billion in annual revenues.
Ken Balogh, CEO of Ashton Woods, states, “Cory has been a key contributor to Ashton Woods’ leadership team and has been instrumental in our growth and success over the last 13 years. Cory has had a tremendous career over more than three decades in the industry, and on behalf of myself, our leadership team, and our board of directors, I want to thank Cory for her many contributions and her partnership; it has been a privilege to work with her over these many years.”
He continues, “During her tenure, Cory has established and retained a talented finance team, led by Zack Sawyer with whom I also work and partner closely. I am confident Zack will continue Cory’s disciplined approach to the business and commitment to our success, and I’m also confident Zack will lead a successful transition and set the stage for continued success. We are all grateful for Cory’s contributions to our organization and wish her the very best in her next chapter.”
In 2008, Sawyer joined the company and has held many roles during his tenure, including in internal audit, corporate accounting, and financial planning and analysis. He was promoted to corporate controller in 2014 then to senior vice president and chief accounting officer in 2017. Sawyer will continue to also serve as the chief accounting officer after his transition to CFO.
