Beazer Adds Two to Board

Company founder Brian Beazer to step down in February.

2 MIN READ

Beazer Homes USA, Inc., Atlanta (NYSE: BZH) is adding two new members to its board of directors: David Spitz and Chris Winkle will serve as independent directors and have been appointed to the board’s Compensation Committee and Finance Committee respectively.

Spitz is CEO of ChannelAdvisor Corp. (NYSE: ECOM), a leading e-commerce cloud platform that helps retailers improve their performance by expanding online sales channels. In 2018, over 2,800 customers processed approximately $10 billion in gross merchandise value through ChannelAdvisor’s platform.

Winkle is CEO of Sunrise Senior Living, LLC, a leading provider of assisted and independent living, with more than 25,000 residents in 327 senior living communities in the United States, Canada and the United Kingdom.

“We’re excited to welcome David and Chris to our board,” said Allan Merrill, president and CEO of Beazer Homes USA. “Each of them brings valuable experience to Beazer, with David adding significantly to our online marketing and customer experience capabilities and Chris bringing specific expertise in serving the important aging adults demographic.”

These appointments are part of a comprehensive, long-term board succession plan under which three directors will not stand for reelection at the company’s next annual meeting of stockholders, scheduled for early February 2020. The three retiring directors are Brian Beazer, the company’s founder and chairman emeritus, Stephen Zelnak, the current chairman, and Peter Leemputte, a former chairman of the board’s Audit and Compensation Committees. Beazer has served as a director of the company for more than 25 years, since its initial public offering, while each of Mr. Zelnak and Mr. Leemputte has served for more than a decade.

“On behalf of the board of directors and our employees, I want to thank Brian, Steve and Peter for their extraordinary vision, steadfast leadership and immense contributions to Beazer,” said Merrill. “Their dedication to our company, our employees, our partners and our shareholders has been a driving force of our success, and their wisdom and guidance will be missed. In recent years, they have played an integral role in the development and implementation of our balanced growth strategy, which has been instrumental in positioning and transforming the company for the future.”

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