Meritage Homes Welcomes Geisha Williams to Its Board: A Boost for Sustainability and Diversity

Meritage Homes (NYSE: MTH), the fifth-largest public homebuilder in the U.S., has announced the appointment of Geisha Williams to its Board of Directors, effective immediately. Williams, a seasoned energy industry executive, brings over three decades of experience to the Meritage Board, including her role as the former President and Chief Executive Officer at PG&E Corporation. This appointment reflects Meritage's commitment to ongoing board refreshment and increased diversity, expanding the board to 12 members.

Williams' extensive background in renewable energy integration, grid modernization, and smart grid technologies will undoubtedly broaden the Meritage Board's experiences and professional expertise. As the first Latina CEO of a Fortune 200 company, she has been recognized as the highest-ranking Latina leader in business. Her public company director experience includes serving on the Supervisory Board of Siemens Energy AG and the Global Advisory Board for Salesforce. Williams' private board experience includes serving as the Chairperson of Artera Services and Osmose Utilities Services.

"We are pleased to welcome Geisha Williams to our Board," said Steven J. Hilton, executive chairman of Meritage Homes. "At Meritage, we have been focused on deepening the diversity of our perspectives over the past several years and through our last four Board Director appointments. As a seasoned executive, Geisha's extensive operational leadership will further broaden our Board's experiences and professional expertise."

"I am honored to join the Meritage Board," said Ms. Williams. "I look forward to partnering with the Meritage directors and leveraging my insights and background in energy and infrastructure to provide fresh perspectives to the Board."

Meritage Homes is the fifth-largest public homebuilder in the United States, based on homes closed in 2023. The company offers energy-efficient and affordable entry-level and first move-up homes, operating in Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. Meritage has delivered over 190,000 homes in its 38-year history and has a reputation for its distinctive style, quality construction, and award-winning customer experience. The company is an industry leader in energy-efficient homebuilding, an eleven-time recipient of the U.S. Environmental Protection Agency's (EPA) ENERGY STAR Partner of the Year for Sustained Excellence Award and Residential New Construction Market Leader Award, as well as a four-time recipient of the EPA's Indoor airPLUS Leader Award.

Williams' expertise in renewable energy integration and grid modernization can significantly influence Meritage Homes' sustainability initiatives. As a former CEO of PG&E, she championed the integration of renewables and smart grid technologies, which can be beneficial for Meritage Homes' energy-efficient homebuilding focus. Her insights into the latest renewable energy technologies and trends can help Meritage stay at the forefront of sustainable homebuilding. For instance, she can guide the company in incorporating more solar panels, wind turbines, or other renewable energy sources into their home designs, reducing the carbon footprint of the homes they build.

Moreover, Williams' experience in grid modernization can help Meritage Homes better understand and adapt to the evolving energy landscape. This could involve designing homes that are more compatible with smart grid systems, allowing for better integration with renewable energy sources and improved energy efficiency.

Williams' background in energy operations and customer service can also help Meritage Homes enhance their customer experience by providing more energy-efficient and sustainable homes. This could involve offering customers more information about the energy-saving features of their homes, or providing them with tools to monitor and manage their energy usage more effectively.

In conclusion, Williams' appointment to the Meritage Homes Board of Directors brings valuable expertise in renewable energy integration, grid modernization, and sustainability, as well as a diverse perspective that can enhance the company's board refreshment and company culture. Her insights and leadership can help Meritage Homes continue to build energy-efficient and sustainable homes, ultimately benefiting both the company and its customers.