WILLIAM LYON HOMES (NYSE:WLH) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
(b) On February 17, 2017, General William Lyon notified William Lyon Homes, a Delaware corporation (the “Company”), of his resignation as a director of the Company, effective February 17, 2017. General Lyon’s resignation as a director of the Company was not the result of any dispute or disagreement with the Company on any matter relating to the operations, policies or practices of the Company. General Lyon has been an extremely valuable member of the Company’s Board of Directors (the “Board”), as well as the Board of Directors of its predecessor, including serving as Chairman of the Board of the Company’s predecessor since 1987 and in that capacity for the Company from 1999 to March 2016, and the Company expresses its appreciation for General Lyon’s many years of service in such capacities. The Board determined that General Lyon will continue to be invited to attend Board meetings in a non-voting role as a Board observer, as appropriate. Further, the Board elected to have General Lyon continue to serve in his current employee position of Chairman Emeritus of the Company.
About WILLIAM LYON HOMES (NYSE:WLH)
William Lyon Homes is a regional homebuilder. The Company is engaged in the design, construction, marketing and sale of single-family detached and attached homes in California, Arizona, Nevada, Colorado, Washington and Oregon. The Company operates through six segments: California, Arizona, Nevada, Colorado, Washington and Oregon. The Company’s California Segment consists of operations in Orange, Los Angeles, San Diego, Riverside, San Bernardino, Alameda, Contra Costa and San Joaquin counties. The Arizona Segment consists of operations in the Phoenix metropolitan area. The Nevada Segment consists of operations in Clark and Nye counties. The Colorado Segment consists of operations in Douglas, Grand, Jefferson and Larimer counties. The Washington Segment consists of operations in King, Snohomish and Pierce counties. The Oregon Segment consists of operations in Clackamas and Washington counties. The Company owns approximately 13,480 lots. WILLIAM LYON HOMES (NYSE:WLH) Recent Trading Information
WILLIAM LYON HOMES (NYSE:WLH) closed its last trading session up +0.06 at 18.01 with 197,598 shares trading hands.