Pulte Group Inc. (PHM), the biggest U.S. homebuilder, hired a new division president for its Houston operations just days after the head of its mortgage unit was named chairman-elect of the Mortgage Bankers Association, a research and lobbying group for the mortgage industry.
Kevin Meuth, a division president for Meritage Homes for the past five years, Friday was named Pulte's Houston division president. He will oversee about 100 employees and 27 communities in the metro area.
"Kevin has developed strong relationships with land developers and trade partners across the Houston market while building extensive expertise in the purchasing, construction and homebuilding operations disciplines," said Harmon Smith, Gulf Coast Area President of Pulte Group. "With his extensive experience in homebuilding, Kevin understands how to deliver profitable results during these challenging times."
On Wednesday, Pulte Mortgage president and CEO Debra W. Still was named chairman-elect of the MBA during the group's annual convention in Chicago.
Still, with more than three decades of experience in the mortgage industry, will become chairman of the MBA board in 2012-13. She was previously vice chairman.
"Deb is a highly regarded and valued member of PulteGroup's senior management team and a recognized expert in the mortgage industry," said Pulte Group Chairman, President and CEO Richard J. Dugas, Jr. "Given her technical expertise and the high-standards she sets for herself as well as those surrounding her, Deb is well-suited to help guide the MBA and address major issues facing the mortgage industry today."
Write to Liz Enochs.