Thursday, April 5, 2007

UPDATE 1-KB Home names Bollenbach nonexecutive chairman

(Reuters) - Bollenbach is co-chairman and chief executive of Hilton Hotels Corp. .

In order to improve corporate governance, KB Home said its board created the position of independent nonexecutive chairman in November 2006 following an internal probe into its stock options practices. Bollenbach in this capacity is not an employee of KB Home.


Read more at Reuters.com Bonds News

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