KAUFMAN AND BROAD NAMES NEW VICE PRESIDENT, FINANCE
KAUFMAN AND BROAD NAMES NEW VICE PRESIDENT, FINANCE LOS ANGELES, Nov. 25 /PRNewswire/ -- Kaufman and Broad Home Corp.
(NYSE: KBH) today announced it has appointed William K. Sacks vice president, finance, effective immediately.
Sacks will manage a variety of corporate functions, including treasury, accounting, tax and management information systems. He reports to R. Chad Dreier, senior vice president and chief financial officer. Prior to joining Kaufman and Broad, Sacks was chief financial officer at Security Pacific Merchant Bank, which he joined in 1989. Previously, he served as chief financial officer at First Interstate Investment Services Inc., and also spent seven years with the Los Angeles office of Arthur Andersen & Co. A native Michigan, Sacks earned his bachelor's degree in accounting from Michigan State University. In a related development, Kaufman and Broad also announced it has promoted Marc Chasman to the position of treasurer, effective immediately. Chapman, who reports to Sacks, joined the company in 1990 as manager, corporate finance and most recently served as manager, strategic planning. He is responsible for cash and risk management, liaison with the company's banks, and financial analysis. Chasman served in positions with Citicorp and Chase Manhattan Bank prior to joining Kaufman and Broad. He holds a bachelor's degree in economics from the University of Pennsylvania and a master's of business administration degree from the Anderson Graduate School of Management at UCLA. Los Angeles-based Kaufman and Broad is the largest producer of single-family housing in California and the largest builder in metropolitan Paris, France, where the company develops commercial office properties and a variety of residential investment properties in addition to single-family homes. -0- 11/25/91 /CONTACT: Bernard Sandalow of Kaufman and Broad, 310-443-8040/ (KBH) CO: Kaufman and Broad Corp. ST: California IN: SU: PER
AL -- LA030 -- 6912 11/25/91 14:12 EST
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|Date:||Nov 25, 1991|
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