Cavco Industries, Inc. Announces Executive Changes
February 04, 2020 at 03:31 am IST
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Larry Keener has announced his intention to retire from Cavco Industries, Inc. effective March 28, 2020 . Effective March 29, 2020, Matt Niño has been named to replace Mr. Keener in the role of President, Retail. Matt Niño assumes his new role as the Company’s President of Retail with over 30 years of retail experience, 23 of those years with the Palm Harbor Villages ("PHV") organization. For the past 17 years, Matt has served as Executive Vice President of Retail with responsibilities spanning the breadth of the Company’s retail operations. Mr. Niño will be responsible for oversight of existing retail operations and, more broadly, for developing strategies to strengthen the market presence of Cavco manufactured homes nationwide.
Cavco Industries, Inc. designs and produces factory-built homes. Its segments include Factory-built Housing and Financial Services. The Factory-built Housing segment includes wholesale and retail factory-built housing operations. The Financial Services segment includes manufactured housing consumer finance and insurance. Its factory-built homes are distributed through a network of independent and Company-owned retailers, planned community operators and residential developers. Its manufactured homes are marketed under a variety of brand names, including Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, MidCountry and Solitaire. It is also a producer of park model recreational vehicle (RVs), vacation cabins and factory-built commercial structures, as well as modular homes. CountryPlace Acceptance Corp. is its finance subsidiary and Standard Casualty Co. (Standard Casualty) is its insurance subsidiary.