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home / news releases / NVR - NVR announces board and CEO changes

NVR - NVR announces board and CEO changes

NVR Inc.
NVR (NYSE:NVR) announced that Dwight C. Schar, Manuel H. Johnson and William A. Moran have announced their intention to retire from the company board and will not stand for re-election at the 2022 Annual Meeting of Shareholders. Mr. Schar has been Chairman of the Board since September 1993 and is the founder of NVR; he served as CEO  from 1993 through June 2005. Mr. Johnson has served as the Chairman of the Audit Committee since 1993 while Mr. Moran has provided the Board with homebuilding and land development expertise during his long tenure. Paul C. Saville, current President and CEO, will stand for election to the Board at the 2022 Annual Meeting of Shareholders; on his election, Mr. Saville will be appointed Executive Chairman of the Board and will give up the President and CEO positions. The Board has appointed Eugene J. Bredow as president & CEO; he is working with the company since 2004 and has served as President of NVR

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NVR announces board and CEO changes
Stock Information
Company Name: NVR Inc.
Stock Symbol: NVR
Market: NYSE
Website: nvrinc.com
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