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Lennar ( (LEN) ) just unveiled an announcement.
On January 13, 2025, Sidney Lapidus, a long-standing member of Lennar Corporation’s Board of Directors, announced his decision not to seek re-election at the upcoming 2025 Annual Meeting. Lapidus, who has served as Chair of the Independent Directors Transactions Committee, will continue in his current roles until his term ends. His departure is not due to any disagreements with the company. In turn, the Board will reduce its size from eleven to ten members following his exit. Lapidus, a retired partner of Warburg Pincus, brought significant experience in corporate governance and business to Lennar, with his contributions recognized by Stuart Miller, the company’s Executive Chairman and Co-CEO.
More about Lennar
Lennar Corporation is a leading homebuilder with a focus on constructing quality homes and properties, leveraging extensive expertise in the homebuilding industry.
YTD Price Performance: 0.60%
Average Trading Volume: 2,419,107
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $36.46B
See more insights into LEN stock on TipRanks’ Stock Analysis page.
