Corporate Governance - Directors

Board of Directors
Scott D. Stowell
Scott D. Stowell
Chief Executive Officer and President


Director, Chief Executive Officer and President since January 2012. Mr. Stowell was named President in March 2011. Prior to that he served as Chief Operating Officer from May 2007 to March 2011, President of our Southern California Region from September 2002 to May 2007 and President of our Orange County division from April 1996 to September 2002. Mr. Stowell joined the Company in 1986 as a project manager and served progressive roles during his over 25-year tenure at Standard Pacific Homes.

Committee Involvement
Executive Committee Chairperson View Charter
Ronald R. Foell
Ronald R. Foell
Chairman of the Board


Director since 1967, Chairman of the Board since December 2008. Mr. Foell served as President of the Company from 1969 until October 1996. Prior to that and since October 1996 Mr. Foell was a private investor.

Committee Involvement
Nominating and Governance Committee Chairperson View Charter
Executive Committee Member View Charter
Douglas C. Jacobs
Douglas C. Jacobs

Director since May 1998. Executive Vice President- Finance and Chief Financial Officer of Brooklyn NY Holdings LLC, a privately held investment advisory company established to manage the assets of a family and a family trust, including the Cleveland Browns, a professional football team, since January 1, 2006. Prior to that, Executive Vice President—Finance, Chief Financial Officer and Treasurer of the Cleveland Browns from March 2001 to December 2005. Prior to that Mr. Jacobs, among other things, served as a Partner of the accounting firm of Arthur Andersen LLP. Mr. Jacobs is also a Director of Stoneridge, Inc., a designer and manufacturer of electronic systems for motor vehicles, and a member of its audit committee.

Committee Involvement
Audit Committee Chairperson View Charter
Nominating & Governance Committee Member View Charter
Compensation Committee Member View Charter
Executive Committee Member View Charter
Bruce A. Choate
Bruce A. Choate

Director since May 2007. Since December 2002, Mr. Choate has served as Chief Executive Officer, President and Director of Watson Land Company, a privately-held real estate investment trust (“REIT”) located in Carson, California. Prior to December 2002, Mr. Choate served since 1991 as Watson Land Company’s Chief Financial Officer. Mr. Choate also serves on the Board of Directors of AvalonBay Communities, Inc., a publicly traded apartment REIT, and is the Chairman of AvalonBay’s audit committee.

Committee Involvement
Audit Committee Member View Charter
Compensation Committee Chairperson View Charter
David J. Matlin
David J. Matlin

Director since July 2008. Chief Executive Officer of MatlinPatterson Global Advisers LLC, a private equity firm, since 2002. Prior to July 2002, Mr. Matlin was a Managing Director at Credit Suisse First Boston, and head of their Distressed Securities Group since its formation in 1994. Prior to joining CSFB, Mr. Matlin was Managing Director of distressed securities and a founding partner of Merrion Group, L.P., a successor to Scully Brothers & Foss L.P. (1988-1994). Mr. Matlin also serves as an Advisory Board member of Wharton Private Equity Partners (WPEP).
Peter Schoels
Peter Schoels

Director since October 2009. Mr. Schoels has been with MatlinPatterson since its inception in July 2002. Prior to July 2002, Mr. Schoels was a member of Credit Suisse's Distressed Group which he joined in 2001. He has made investments in North America, Latin America, Europe and CIS. Before joining Credit Suisse, Mr. Schoels was Director of Finance and Strategy for Tradeledger and KnowledgePlatform, both subsidiaries of Itim Group Plc (2000-2001). Previously, he was Manager of Mergers and Acquisitions for Ispat International NV (now Mittal Steel), specializing in buying distressed steel assets in emerging markets (1998-2000). Mr. Schoels holds an MBA from U.B.I. (University of Wales and Mercer University) in Brussels, Belgium (1998), and a BA in International Business from Eckerd College, St. Petersburg, Florida (1996). Mr. Schoels is fluent in Flemish, with a working knowledge of French and German.
John R. Peshkin
John R. Peshkin

Appointed director in March 2012. Managing Principal and Founder of Vanguard Land, LLC, a private real estate investment group focused on the acquisition and development of high-quality residential properties since September 2008. Prior to founding Vanguard Land, Mr. Peshkin was Chief Executive Officer of Starwood Land Ventures, LLC from May 2007 to August 2008. Mr. Peshkin began his career at Taylor Woodrow, with progressive roles over nearly 25 years, including six years as Chief Executive Officer of North American operations, from 2000 to 2006. Mr. Peshkin was also a director of WCI Communities, Inc., a Florida builder, from September 2009 to February 2012.

Committee Involvement
Audit Committee Member View Charter
Nominating and Governance Committee Member View Charter
Compensation Committee Member View Charter