Meritage Homes Welcomes Geisha Williams to Its Board

Meritage Homes Expands Leadership with Geisha Williams' Appointment

Meritage Homes (NYSE:MTH), renowned as the fifth-largest public homebuilder in the United States, has made a significant move by adding Geisha Williams to its Board of Directors. This decision reflects Meritage's commitment to diversifying its leadership and promoting fresh perspectives as it expands its board to a total of 12 directors. Williams's appointment is not just a number; it signifies the company's dedication to fostering a varied range of insights that can drive its strategy forward.

Geisha Williams: A Trailblazer in the Energy Sector

With over 30 years in the energy sector, Geisha Williams brings a wealth of experience that Meritage values. Prior to joining Meritage Homes, Williams served as President and CEO of PG&E Corporation, a notable public entity in the natural gas and electric markets. Her leadership at PG&E was marked by her groundbreaking initiatives in renewable energy integration and smart grid technologies. Williams also holds the distinction of being the first Latina CEO of a Fortune 200 company, highlighting her significant role as a leader in the corporate world.

Williams began her illustrious career in 1983 at Florida Power & Light Company, where she took on various roles that provided her with a comprehensive understanding of customer service, marketing, and operations within the energy sector.

Board Experience Enhancing Strategic Direction

Currently, Geisha Williams is also part of the supervisory board at Siemens Energy AG (XTRA: ENR), where she contributes to committees focused on sustainability and finance. Her previous experience includes membership on the Global Advisory Board for Salesforce (NYSE: CRM) and board roles with Artera Services and Osmose Utilities Services. Her extensive board experience equips her with the skills needed to make valuable contributions to Meritage’s strategic discussions.

Welcoming Geisha to the Meritage Family

Steven J. Hilton, the executive chairman of Meritage Homes, expressed enthusiasm about Williams joining the Board, stating, "At Meritage, we have prioritized increasing diversity in our perspectives over the years, especially through our recent board appointments. Geisha's operational expertise and seasoned leadership will enrich our Board's discussions and enhance our decision-making processes." This illustrates the enthusiasm within the company for leveraging Williams's unique insights.

Geisha's Vision for Meritage

In her acceptance, Williams expressed her excitement, saying, "I am honored to join the Meritage Board. I look forward to collaborating with fellow directors and utilizing my background in energy and infrastructure to bring fresh insights to the Board." Her blend of experience in energy and commitment to innovative strategies aligns seamlessly with Meritage’s mission and vision for the future.

About Meritage Homes Corporation

Meritage Homes stands out as a leader in the residential construction industry in the U.S. Based on homes closed in recent years, it ranks fifth among public homebuilders. The company is well-known for its energy-efficient offerings, specifically tailored for entry-level and first move-up buyers.

Throughout its 38-year journey, Meritage has successfully built over 190,000 homes, delivering quality constructions recognized for style and customer satisfaction. The company's commitment to sustainability is underscored by numerous accolades, including being a recipient of the U.S. Environmental Protection Agency's ENERGY STAR Partner of the Year awards and their focus on energy-efficient homebuilding.

Frequently Asked Questions

What was the reason for Geisha Williams' appointment?

Her appointment is aimed at enhancing diversity and bringing new perspectives to the Meritage Board.

What experience does Geisha Williams bring to the Board?

Williams brings over 30 years of experience in the energy industry, including executive roles at PG&E Corporation and substantial board experience.

How does Meritage Homes envision the impact of this appointment?

Meritage aims to leverage Williams' insights to enrich board discussions and enhance strategic planning and operational excellence.

What is the focus of Meritage Homes as a company?

Meritage Homes focuses on building energy-efficient and affordable housing, catering primarily to entry-level and first move-up buyers.

How is Meritage Homes recognized in the industry?

Meritage is recognized as a leader in energy-efficient homebuilding, receiving various awards for its commitment to sustainability and customer satisfaction.

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