By Mike Sunnucks | Rose Law Group Reporter
Taylor Morrison Home Corp. has named Christopher Yip to its board of directors.
Yip, 39, is a partner with RET Ventures, an early-stage venture capital firm focused on real estate technology.
Yip succeeds former U.S. Sen. Jeff Flake, who was appointed by President Joe Biden as Ambassador to Turkey.
“We are deeply grateful for the leadership, unique public policy and governance experience, and business acumen that Senator Flake brought to our board,” said Taylor Morrison Chairman and CEO Sheryl Palmer. “The individuals selected to join our board offer a diverse spectrum of backgrounds, leadership, and business experience. With significant expertise in the real estate technology space, Chris will be a wonderful asset to our board as Taylor Morrison continues to lead the industry in the digitization of homebuying.”
Flake was a top GOP backer of Biden in the 2020 presidential race against former President Donald Trump.
Yip’s experience in the real estate technology space comes as Scottsdale-based Taylor Morrison and other builders look to leverage technology assets to help market and sell homes.
“At the start of the pandemic, many companies struggled to meet their customers’ changing needs, but market-leading firms found technology tools instrumental in helping them navigate this new reality, ” said Yip. “I’m excited to join the board of directors at Taylor Morrison—an early adopter of innovative homebuying technologies—and applaud their efforts to quickly digitize their business model. I look forward to working with this talented team and offering my knowledge of real estate technology to Taylor Morrison as it continues down the path of revolutionizing the home shopping and buying experience.”
Prior to Park City, Utah-based RET Ventures, Yip was an investor at TPG Capital as was previously with McKinsey & Company.