"Ben brings to KB Home a breadth of legal acumen coupled with a unique understanding of corporate affairs, financial strategies and general business leadership," said KB Home Chairman and Chief Executive Officer Bruce Karatz. "We look forward to the valuable contributions he can bring to our rapidly growing business."
Most recently, Hirst was Executive Vice President and General Counsel of Burger King Corporation. As the number two executive in the company, he was involved in every aspect of the business up to and including the company's sale to a private equity coalition. Prior to Burger King, he spent more than 15 years in legal and leadership roles in the airline industry, including serving as Senior Vice President, Corporate Affairs for Northwest Airlines and Vice President, General Counsel and Secretary at Continental Airlines. Hirst holds a BA in Government from Harvard College, as well as a JD from Harvard Law School.
Bart Pachino, a 16-year veteran of KB Home who has served as General Counsel for the last 11 years, will be joining the company's growing Asset Management group, combining his legal expertise and deep knowledge of KB Home's business across the country to drive land and new community development. "This is a fantastic opportunity for Bart to broaden his operational experience at KB Home, and we look forward to utilizing his skills and insight in this critical area of our business," said Karatz.
Building homes for nearly half a century, KB Home is one of America's premier homebuilders with domestic operating divisions in some of the fastest-growing areas of the country including Arizona, California, Colorado, Florida, Georgia, Illinois, Nevada, New Mexico, North Carolina, South Carolina and Texas. Kaufman & Broad S.A., the company's majority-owned subsidiary, is one of the largest homebuilders in France. In fiscal 2003, the company delivered homes to 27,331 families in the United States and France. It also operates a full-service mortgage company for the convenience of its buyers. Founded in 1957, KB Home is a Fortune 500 company listed on the New York Stock Exchange under the ticker symbol "KBH." For more information about any of KB Home's new home communities, call 888-KB-HOMES or visit kbhome.com.
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Contact:
Heather Reeves
949-496-4037
heather@heatherreeves.com