Mr. Richard Beckwitt, also known as Rick, has been the Chief Executive Officer of Lennar Corporation since April 12, 2018. Mr. Beckwitt served as the President of Lennar Corporation since January 12, 2011 until April 12, 2018. His extensive executive experience gained through his service as the President and executive officer of public companies within the homebuilding industry, as well as finance-related experience with a major investment banking firm. From March 2000 to April 2003, Mr. Beckwitt was the Owner and Principal of EVP Capital, L.P., a General Partner of Encore Venture Partners II (Texas), L.P. Mr. Beckwitt was Managing General Partner of Encore Venture Partners, L.P. and Encore Venture Partners II. From 1993 to March 2000, he held various executive officer positions at D.R. Horton. From July 1996 to November 1998, Mr. Beckwitt served as President of D.R. Horton's Investments Division. From November 1998 to March 2000, he served as President of D.R. Horton Inc. He served as an Executive Vice President of Lennar Corp. from March 2006 to January 12, 2011. He served as an Executive Vice President of D.R. Horton Inc. from March 1993 to November 1998. From 1986 to 1993, Mr. Beckwitt worked in the Mergers and Acquisitions and Corporate Finance Departments at Lehman Brothers Inc., specializing in the homebuilding and building products industries. He has been a Director of Lennar Corporation since April 12, 2018. He has been a Director of Eagle Materials Inc. since September 2014 and Five Point Holdings, LLC since May 2016. He served as a Director of DR Horton Inc. from 1993 to November 25, 2003. He served as a Director of Vectrix Business Solutions, Inc.
Lennar Corporation (NYSE: LEN) is a Fortune 500 company based in Miami, Florida, United States, in the Fontainebleau area.[1][2] It was founded in 1954.[3]
Lennar started as a single-family homebuilder in Miami, Florida, in the early 1950s and it has grown by acquisition. It concentrates on single-family attached and detached homes and purchases land through unconsolidated entities. Rialto Capital Managements is part of Lennar’s financial arm. Rialto invests in real estate and manages funds that invest in real estate. It also provides mortgage financing, title insurance, and closing services. While Lennar is an originator, it sells its origination pipeline in the secondary market and doesn’t retain servicing. [4]
