Beazer Homes USA Inc. announced that Danny R. Shepherd has been elected to its board of directors effectively immediately. He will also serve on the compensation and Audit Committees of the Board of Directors. Mr. Shepherd's election is part of the company's normal board of directors succession process in connection with the retirement of Larry T. Solari at the end of his term in February 2017. Mr. Solari has served on the Company's Board of Directors since the Company's initial public offering in 1994.
Beazer Homes USA, Inc. is a geographically diversified homebuilder. The Company operates through three segments: West, East and Southeast. Its West segment includes Arizona, California, Nevada, and Texas. Its East segment includes Indiana, Maryland/Delaware, Tennessee, and Virginia. Its Southeast segment includes Florida, Georgia, North Carolina, and South Carolina. It uses its digital and traditional marketing vehicles and other promotional activities, including its Website www.beazer.com, real estate listing sites, digital advertising, including search engine marketing and display advertising, social media, video, brochures, direct marketing, and out-of-home advertising, including billboards and signage located in the areas of its developments, as well as additional activities. The Company has operations in approximately 13 states within three geographic regions in the United States. The Company has maintained and owned approximately 242 model homes.