Columbia, South Carolina-based United Homes Group Inc. (NASDAQ: UHG), a residential builder focused on southeastern markets, announced that Michael Nieri, the company’s founder, chairman, and CEO, will transition to executive chairman on Oct. 1.
Jamie Pirrello, a former regional president for Century Communities Inc. (NYSE:CCS) who serves as a member of United Homes Group’s board of directors and a consultant to the company, was named interim CEO while a search is conducted for a permanent chief executive.
Nieri founded the company as Great Southern Homes in 2004 led it through a transition to becoming a public company in 2023. Nieri also helmed the company through its completion of three homebuilder acquisitions since becoming a public company.
“I am incredibly proud of what this company has accomplished,” said Nieri. “We have assembled an excellent management team that is focused on growing the business and executing on our objectives as a public company. Our tremendous growth and transformation, including becoming a publicly traded company and listing on Nasdaq in 2023, necessitates these changes and this division of responsibilities. I’m excited about this transition to the next phase of leadership of the company and partnering with Jamie to further the company’s growth trajectory. As executive chairman, I will stay engaged with the company’s strategic initiatives but also explore other things that are important to me, including philanthropic activities and spending more time with my family and my grandchildren.”
Photo of Michael Nieri courtesy of Clemson World’s Instagram page
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