The UCP, Inc. Board of Directors has elected Erich H. Speron as a new director, effective December 12th, 2016. Speron will replace current board member John R. Hart, whose resignation is effective when Speron takes office as a Class I Director.
Speron brings 16 years of financial management and advisory experience to his directorial role. He is on the Board of Directors for UCP’s controlling stockholder, PICO Holdings, and also a member of the CFA Institute, the Orange County Society of Financial Analysts, and the First Foundation Advisors investment committee.
Speron has worked with First Foundation Advisors since 2007, and currently manages three portfolios for First Foundation members. He was also a member of JPMorgan’s Institutional Equity division until 2007.
“We are pleased to welcome Eric to our Board,” said Dustin L. Bogue, President and CEO of UCP and a member of its Board of Directors, in a release. “He brings significant financial management, investing and strategic experience that we expect will contribute positively to our continued improvement in profitability and returns on equity. He is aligned with our core values and committed to our goals to build on our revenue momentum, discipline in operations and ongoing transformation of our business to drive shareholder value.”
UCP is ranked No. 58 on the Builder 100, and currently builds and develops in California, Washington, the Carolinas, and Tennessee.
