The New Home Company announced a series of executive changes that will support and enhance its operations and growth strategies. The company announced that Wayne Stelmar, the company’s Chief Investment Officer, will retire effective February 17, 2017. Mr. Stelmar will assume a consulting role with the company and continue as a member of the company’s Board of Directors and Executive Committee. Tom Redwitz, a co-founder and the company’s current Chief Operating Officer, will assume the role of Chief Investment Officer. Mr. Redwitz will lead the company’s growth initiatives and land strategies while continuing his management in overseeing architecture and product design. Leonard Miller will join the company as its Chief Operating Officer effective March 13, 2017. Mr. Miller was most recently California Regional President for Richmond American Homes, a subsidiary of M.D.C. Holdings Inc., where he has served since 2004. Miller’s proven track record of operational excellence within the public homebuilder sector will be a significant asset to the company as it prepares for additional growth in its core western markets.