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Beazer Homes Names Christopher Grumboski Vice President, Treasurer

Stocks in this article: BZH

Beazer Homes USA, Inc. (NYSE: BZH) ( www.beazer.com), one of the nation’s top 10 homebuilders, announced today that Christopher Grumboski was named Vice President and Treasurer. Mr. Grumboski will be responsible for all aspects of the treasury function, including cash management, lender and land-banking relations and debt capital markets activities.

“We are pleased to welcome Mr. Grumboski to Beazer Homes,” said Bob Salomon, Executive Vice President and Chief Financial Officer. “His background includes extensive capital markets and corporate banking experience, adding a crucial skillset as we continue to grow the business and return to profitability.”

Prior to joining Beazer, Mr. Grumboski was Director, Debt Capital Markets for SunTrust Robinson Humphrey, Inc. where he was responsible for the structuring, execution, pricing and distribution of public and private debt offerings. Before that, Mr. Grumboski held various corporate banking and capital markets positions at BNP Paribas and Banc One Capital Markets. Mr. Grumboski holds an MBA from DePaul University and a bachelor of science in finance from The University of Illinois at Chicago.

In conjunction with this announcement, Beazer’s former Treasurer, Ekaterina Schwallie, has been named Vice President, National Finance and Strategic Planning. She has assumed the responsibilities for finance, strategic planning and analysis for all three of the Company’s segments.

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 16 states, including Arizona, California, Delaware, Florida, Georgia, Indiana, Maryland, Nevada, New Jersey, New York, North Carolina, Pennsylvania, 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 .

Copyright Business Wire 2010

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