The New Home Company (NYSE: NWHM), Alisa Viejo, Calif. announced late Tuesday that Chief Operating Officer, Leonard S. Miller, was elected President and Chief Operating Officer of the company, effective January 23, 2019.

“Leonard has proven himself to be a valuable addition to our team and is ideally suited to assume the role of President of NEW HOME,” said Chief Executive Officer Larry Webb. “This new position reflects our confidence in Leonard’s abilities both as a leader and operator and will go a long way towards helping the Company achieve its goals.” Webb will continue in his current role as Chairman of the Board and Chief Executive Officer.