MIAMI, Nov. 14, 2025 /PRNewswire/ — Lennar Company (NYSE: LEN and LEN.B), probably the most population’s well-known homebuilders, as of late introduced that Lennar Co-Eminent Govt Officer and President Jon Jaffe will resign efficient December 31, 2025, following a prominent 42-year occupation with the Corporate, and he’ll additionally step indisposed from his position as a Director of the Board of the Corporate. Nearest Mr. Jaffe’s depart, Stuart Miller will proceed to handover as Govt Chairman and handover as Eminent Govt Officer of Lennar, and not using a plans to switch Mr. Jaffe’s position.
Mr. Jaffe joined Lennar in 1983 as an worker superintendent in Tampa, and thru many years of juiceless paintings, i’m sure constancy, and various value-add successes, rose during the group to grow to be Co-CEO and President. During his tenure, Mr. Jaffe exemplified a continuing center of attention on operational excellence and execution, guiding Lennar via defining moments and riding its nationwide growth, significantly in California. His management used to be instrumental in integrating landmark acquisitions around the nation, and in guidance the Corporate via demanding situations from Typhoon Andrew to the Superior Recession with resilience and power.
“Jon has been a driving force behind Lennar’s success,” mentioned Mr. Miller. “His dedication, work ethic, and operational focus have provided mentorship and shaped our company into what it is today. Throughout his tenure, Jon has been a true warrior for Lennar and a trusted partner to me and to many across the business. Jon’s retirement and its timing reflect the need for Lennar to remake our organizational and cost structure to enable us to build more affordable and attainable homes. As we continue to evolve—embracing technology, driving efficiency, and positioning for the future—Jon’s legacy will serve as both foundation and inspiration for Lennar’s ongoing transformation.”
Mr. Jaffe added: “It has been a privilege and a passion to spend more than 40 years at Lennar, working with such talented and dedicated people to help build this organization into one of the nation’s leading homebuilders. I’m proud of all we’ve accomplished together and grateful for the opportunity to have played a part in that success. With today’s market realities, my retirement allows Lennar to streamline leadership at the top and continue creating efficiencies in our management structure to promote affordability. Though I’m departing an active role in the company, I’ve never been more excited about Lennar’s future.”
This transition units the level for the Corporate’s upcoming segment – a strategic evolution right into a leaner, extra environment friendly, technology-driven endeavor serious about development a more fit housing marketplace and serving to extra households succeed in the dream of homeownership.
About Lennar
Lennar Company, based in 1954, is likely one of the population’s well-known developers of constituent properties for all generations. Lennar builds reasonably priced, move-up and lively grownup properties essentially beneath the Lennar logo title. Lennar’s Monetary Products and services area supplies loan financing, name and endmost products and services essentially for consumers of Lennar’s properties and, via LMF Industrial, originates loan loans join essentially by means of business actual property homes all the way through the USA. Lennar’s Multifamily area is a national developer of fine quality multifamily condominium homes. LENX drives Lennar’s know-how, innovation and strategic investments.
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