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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest reported event): January 8, 2018
BEAZER HOMES USA, INC.
(Exact name of registrant as specified in its charter)
DELAWARE | 001-12822 | 54-2086934 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||
1000 Abernathy Road, Suite 260
Atlanta Georgia 30328
(Address of Principal Executive Offices)
(770) 829-3700
(Registrant’s telephone number, including area code)
None
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On January 8, 2018, Beazer Homes USA, Inc. (the “Company”) announced that Keith L. Belknap had joined the Company as Executive Vice President and General Counsel, succeeding Kenneth F. Khoury, formerly Executive Vice President, General Counsel and Chief Administrative Officer. This change is part of a planned transition of responsibilities that will lead to Mr. Khoury’s eventual retirement. Mr. Khoury remains with the Company as Executive Vice President, Administration, and will continue managing the Company’s Human Resources and Information Technology functions.
As a result of these changes, certain terms of Mr. Khoury’s Employment Agreement dated September 18, 2014 are amended as set forth on the attached Schedule A and incorporated herein by reference.
Item 8.01 | Other Events |
On January 8, 2018, the Company issued the attached press release announcing that Keith L. Belknap has joined the Company as Executive Vice President and General Counsel, effective January 8, 2018. Mr. Belknap was most recently Executive Vice President, Business Development, General Counsel, Corporate Secretary and Chief Compliance Officer of Mueller Water Products, Inc.
Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BEAZER HOMES USA, INC. | ||||||||
Date: | January 8, 2018 | By: | /s/ Kenneth F. Khoury | |||||
Kenneth F. Khoury Executive Vice President, Administration | ||||||||
Schedule A to Item 5.02
Changes to Mr. Khoury’s Employment Agreement dated September 18, 2014.
1. Section 3 (a), Position with the Company: title: Executive Vice President-Administration.
2. Section 4 (a), Base Salary: $300,000.
3. Section 4 (b), Annual Performance Bonus: target bonus of 50% of base salary.
Beazer Homes Names Keith Belknap Executive Vice President and General Counsel
ATLANTA, January 8, 2018 -- -- (BUSINESS WIRE)-- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today announced the appointment of Keith Belknap as Executive Vice President and General Counsel. Mr. Belknap has practiced law for over 25 years, with both private practice and extensive in-house experience, including legal and strategic roles directly related to the building products and residential real estate industries. Most recently, Mr. Belknap was Executive Vice President, Business Development, General Counsel, Corporate Secretary and Chief Compliance Officer of Mueller Water Products, Inc. Prior to that time, he served as Senior Vice President and General Counsel of PRIMEDIA, Inc., a digital media and real estate advertising company. In addition, Mr. Belknap has held senior legal positions with PPG Industries and Georgia-Pacific Corporation. He began his legal career at Skadden, Arps, Slate, Meagher & Flom LLP, where he practiced for 10 years. He received a Bachelor of Arts degree from the University of Tulsa and a Juris Doctor from Harvard Law School.
Mr. Belknap succeeds Kenneth F. Khoury, currently Executive Vice President, General Counsel and Chief Administrative Officer of the Company as part of a planned transition of Mr. Khoury’s responsibilities that will lead to his eventual retirement. Mr. Khoury remains with the Company and will continue managing the Company’s Human Resources and Information Technology functions.
Headquartered in Atlanta, Beazer Homes is one of the country’s 10 largest single-family homebuilders. The Company’s homes meet or exceed the benchmark for energy-efficient home construction as established by ENERGY STAR® and are designed with Choice Plans to meet the personal preferences and lifestyles of its buyers. In addition, the Company is committed to providing a range of preferred lender choices to facilitate transparent competition between lenders and enhanced customer service. The Company offers homes in Arizona, California, Delaware, Florida, Georgia, Indiana, Maryland, Nevada, North Carolina, South Carolina, Tennessee, Texas and Virginia. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol “BZH.” For more info visit Beazer.com, or check out Beazer on Facebook and Twitter.
CONTACT: Beazer Homes USA, Inc.
David I. Goldberg
Vice President, Treasurer and Investor Relations
770-829-3700
investor.relations@beazer.com