Lennar’s co-CEO announces retirement

(Disclosure: Rose Law Group represents Lennar.)

By Symone Strong | Builder

After 17 years with Lennar, Rick Beckwitt has decided to retire as a co-CEO and co-president and resign as a member of the board of directors of the company.

Beckwitt’s retirement will be effective Sept. 1. With this change, Stuart Miller will continue as executive chairman and will additionally become co-CEO to lead Lennar in partnership with Jon Jaffe, co-CEO and president.

“It has been a true honor to work with the many extraordinary professionals at Lennar,” states Beckwitt. “Together, we have built a best-in-class home building giant that is a source of pride and a model of excellence in the industry. I am very proud to have been a part of the many successes that have been recorded over the past years and want to wish the Lennar associates great success in the future as they continue to execute, innovate, and lead.”

According to Lennar, Beckwitt joined the company in March 2006 as executive vice president. He was a member of the executive team and worked diligently to weather the collapse of the housing and finance industries during the Great Recession. By April 2018, Beckwitt became CEO of Lennar, and, in 2020, he was joined by Jaffe as co-CEO and co-president.

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