Ryland Announces Organizational Changes
WESTLAKE VILLAGE, Calif. -- June 4, 2013
The Ryland Group, Inc. (NYSE: RYL), today announced that Pete Skelly,
President of Ryland’s Homebuilding Operations Group, has been promoted to the
position of Chief Operating Officer of the parent company effective June 3,
2013. Mr. Skelly has 25 years of experience with Ryland in a variety of
financial and operational leadership positions. During his career, Mr. Skelly
has held positions as Regional Vice President of Financial Operations,
Division President and Region President.
Additionally, Alan Goldsticker and Tom Jacobs, respectively the Indianapolis
and Houston Division Presidents of Ryland Homes, will both become Area
Presidents for Ryland Homes reporting to Mr. Skelly. All of Ryland’s division
operations will report to either Mr. Goldsticker or Mr. Jacobs.
“We are pleased that our current rate of growth and improving profitability
has created the need for additional leadership opportunities,” said Larry
Nicholson, Ryland’s CEO and President. “These promotions will allow Pete to
focus more time on strategic and growth oriented strategies. Furthermore, we
are proud that we have talented individuals within our organization like Alan
and Tom that are capable of filling these new positions. I look forward to
working with Pete, Alan and Tom in their new roles.”
Headquartered in Southern California, Ryland is one of the nation's largest
homebuilders and a leading mortgage-finance company. Since its founding in
1967, Ryland has built more than 300,000 homes and financed more than 250,000
mortgages. The Company currently operates in 14 states across the country and
is listed on the New York Stock Exchange under the symbol "RYL."
The Ryland Group, Inc.
VP, Investor Relations and Corporate Communications
Press spacebar to pause and continue. Press esc to stop.