{"id":39033,"date":"2023-05-04T17:19:21","date_gmt":"2023-05-04T21:19:21","guid":{"rendered":"https:\/\/www.noticiasnewswire.com\/?p=39033"},"modified":"2023-05-04T17:20:06","modified_gmt":"2023-05-04T21:20:06","slug":"miriam-hernandez-kakol-appointed-to-the-board-of-directors-of-hovnanian-enterprises-inc","status":"publish","type":"post","link":"https:\/\/www.noticiasnewswire.com\/es\/miriam-hernandez-kakol-appointed-to-the-board-of-directors-of-hovnanian-enterprises-inc\/","title":{"rendered":"Miriam Hernandez-Kakol Appointed to the Board of Directors of Hovnanian Enterprises, Inc."},"content":{"rendered":"

MATAWAN, N.J. \u2014 January 24, 2022 \u2014 (LATINX NEWSWIRE<\/a>) \u2014 Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced today that Miriam Hernandez-Kakol, the retired Partner and Global Head, Management Consulting Practice of KPMG LLP, has been appointed to its Board of Directors effective immediately. The addition of Ms. Hernandez-Kakol expands Hovnanian\u2019s Board of Directors to eight members, six of whom are independent directors. Ms. Hernandez-Kakol is a transformational global business leader who has built and scaled multiple businesses to success and solved critical challenges across diverse industries. She has more than 20 years of experience architecting data-driven, technology-enabled programs at leading Fortune 100 companies.<\/p>\n

\u201cWe could not be more thrilled to welcome Miriam to Hovnanian\u2019s Board of Directors,\u201d stated Ara K. Hovnanian, Chairman of the Board, President and Chief Executive Officer. \u201cHer extensive strategic advisory expertise and considerable experience in driving growth initiatives and programs across business platforms, while enhancing profitability will help guide us as we execute on our growth plans, including our goal to increase our profitability. Miriam\u2019s accumulation of business experiences will be invaluable as our Board of Directors assists us in positioning ourselves for long-term success.\u201d<\/p>\n

Ms. Hernandez-Kakol most recently served as Senior Partner and Global Head-Management Consulting Practice at KPMG. In this role, Ms. Hernandez-Kakol was responsible for the largest and fastest-growing business within KPMG\u2019s advisory portfolio, including guiding the strategy of its 20,000+ member consulting team and continuing the business\u2019 double-digit growth trajectory. Earlier on in her 13-year career at KPMG, she held other senior leadership roles of increasing responsibility. Before that, Ms. Hernandez-Kakol was a senior vice president at BearingPoint (formerly KPMG Consulting), where she led multiple practices while significantly growing revenue and segment profitability. Ms. Hernandez-Kakol began her career with Pacific Telephone and then Telcordia Technologies (Bell Communications Research) where she rose through the business gaining expertise in networks, technology and call centers.<\/p>\n

Ms. Hernandez-Kakol is currently an Executive Board member of the Hispanic Technology Executive Council; Co-Chair of the National Academy Foundation STEM Committee and Board Member of Junior Achievement New Jersey. For the past five years, she has been featured as one of ALPFA\u2019s (Association of Latino Professionals for America) and Fortune\u2019s 50 most powerful Latinas.<\/p>\n

About Hovnanian Enterprises\u00ae<\/h3>\n

Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Matawan, New Jersey and, through its subsidiaries, is one of the nation\u2019s largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C., and West Virginia. The Company\u2019s homes are marketed and sold under the trade name K. Hovnanian\u00ae Homes. Additionally, the Company\u2019s subsidiaries, as developers of K. Hovnanian\u2019s\u00ae Four Seasons communities, make the Company one of the nation\u2019s largest builders of active lifestyle communities.<\/p>\n

Additional information on Hovnanian Enterprises, Inc. can be accessed through the \u201cInvestor Relations\u201d section of the Hovnanian Enterprises\u2019 website at\u00a0http:\/\/www.khov.com<\/a>. To be added to Hovnanian’s investor e-mail list, please send an e-mail to\u00a0IR@khov.com<\/a>\u00a0or sign up at\u00a0http:\/\/www.khov.com<\/a>.<\/p>\n

FORWARD-LOOKING STATEMENTS<\/strong><\/p>\n

All statements in this press release that are not historical facts should be considered as \u201cForward-Looking Statements\u201d within the meaning of the \u201cSafe Harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such forward-looking statements include but are not limited to statements related to the Company\u2019s goals and expectations with respect to its financial results for future financial periods.<\/p>\n

Although we believe that our plans, intentions, and expectations reflected in, or suggested by, such forward-looking statements are reasonable, we can give no assurance that such plans, intentions, or expectations will be achieved. By their nature, forward-looking statements: (i) speak only as of the date they are made, (ii) are not guarantees of future performance or results, and (iii) are subject to risks, uncertainties, and assumptions that are difficult to predict or quantify.<\/p>\n

Therefore, actual results could differ materially and adversely from those forward-looking statements as a result of a variety of factors. Such risks, uncertainties and other factors include, but are not limited to,<\/p>\n

(1) changes in general and local economic, industry, and business conditions and impacts of a significant homebuilding downturn;<\/p>\n

(2) shortages in, and price fluctuations of, raw materials and labor, including due to changes in trade policies, including the imposition of tariffs and duties on homebuilding materials and products and related trade disputes with and retaliatory measures are taken by other countries;<\/p>\n

(3) the outbreak and spread of COVID-19 and the measures that governments, agencies, law enforcement, and\/or health authorities implement to address it;<\/p>\n

(4) adverse weather and other environmental conditions and natural disasters;<\/p>\n

(5) the seasonality of the Company\u2019s business;<\/p>\n

(6) the availability and cost of suitable land and improved lots and sufficient liquidity to invest in such land and lots;<\/p>\n

(7) reliance on, and the performance of, subcontractors;<\/p>\n

(8) regional and local economic factors, including dependency on certain sectors of the economy, and employment levels affecting home prices and sales activity in the markets where the Company builds homes;<\/p>\n

(9) increases in cancellations of agreements of sale;<\/p>\n

(10) fluctuations in interest rates and the availability of mortgage financing;<\/p>\n

(11) changes in tax laws affecting the after-tax costs of owning a home;<\/p>\n

(12) legal claims brought against us and not resolved in our favor, such as product liability litigation, warranty claims, and claims made by mortgage investors;<\/p>\n

(13) levels of competition;<\/p>\n

(14) utility shortages and outages or rate fluctuations;<\/p>\n

(15) information technology failures and data security breaches;<\/p>\n

(16) negative publicity;<\/p>\n

(17) high leverage and restrictions on the Company\u2019s operations and activities imposed by the agreements governing the Company\u2019s outstanding indebtedness;<\/p>\n

(18) availability and terms of financing to the Company;<\/p>\n

(19) the Company\u2019s sources of liquidity;<\/p>\n

(20) changes in credit ratings;<\/p>\n

(21) government regulation, including regulations concerning development of land, the home building, sales, and customer financing processes, tax laws, and the environment;<\/p>\n

(22) operations through unconsolidated joint ventures with third parties;<\/p>\n

(23) significant influence of the Company\u2019s controlling stockholders;<\/p>\n

(24) availability of net operating loss carryforwards;<\/p>\n

(25) loss of key management personnel or failure to attract qualified personnel; and<\/p>\n

(26) certain risks, uncertainties, and other factors described in detail in the Company\u2019s Annual Report on Form 10-K for the fiscal year ended October 31, 2021, and the Company\u2019s Quarterly Reports on Form 10-Q for the quarterly periods during fiscal 2021 and subsequent filings with the Securities and Exchange Commission. Except as otherwise required by applicable securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances, or any other reason.<\/p>\n","protected":false},"excerpt":{"rendered":"

MATAWAN, N.J. \u2014 January 24, 2022 \u2014 (LATINX NEWSWIRE) \u2014 Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced today that Miriam Hernandez-Kakol, the retired Partner and Global Head, Management Consulting Practice of KPMG LLP, has been appointed to its Board of Directors effective immediately. The addition of Ms. Hernandez-Kakol expands Hovnanian\u2019s Board of… Continue Reading<\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[2143],"tags":[],"class_list":{"0":"post-39033","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-sin-categorizar","7":"entry"},"acf":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"Jay Cruz","author_link":"https:\/\/www.noticiasnewswire.com\/es\/author\/jcruz\/"},"_links":{"self":[{"href":"https:\/\/www.noticiasnewswire.com\/es\/wp-json\/wp\/v2\/posts\/39033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.noticiasnewswire.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.noticiasnewswire.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.noticiasnewswire.com\/es\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.noticiasnewswire.com\/es\/wp-json\/wp\/v2\/comments?post=39033"}],"version-history":[{"count":0,"href":"https:\/\/www.noticiasnewswire.com\/es\/wp-json\/wp\/v2\/posts\/39033\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.noticiasnewswire.com\/es\/wp-json\/wp\/v2\/media?parent=39033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.noticiasnewswire.com\/es\/wp-json\/wp\/v2\/categories?post=39033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.noticiasnewswire.com\/es\/wp-json\/wp\/v2\/tags?post=39033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}