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Centex Corporation Announces Senior Management Team
Changes
DALLAS, May 18, 2004 /PRNewswire-FirstCall via COMTEX/ -- Centex Corporation
(CTX)
today announced the expansion of and changes to the company's Senior
Management Team. The announcements were made by Timothy R. Eller, who was
named Centex's Chairman and Chief Executive Officer effective April 1, 2004.
Centex Executive Vice President and Chief Legal Officer Raymond G. Smerge
said he will retire on December 31, 2004 after 36 years with the company. He
will be succeeded by Brian J. Woram, 43, currently General Counsel of Centex
Homes, who will become Senior Vice President and Chief Legal Officer of
Centex Corporation next January.
Jonathan R. Wheeler, 52, has joined Centex's senior leadership team as
Senior Vice President - Organization Development, a newly created position.
Mr. Woram joined Centex Homes in 1995 and has served in his current position
since 1998. Prior to joining Centex Homes, Mr. Woram spent nine years in
private law practice and two years in the energy industry. He received his
law degree from the University of Texas at Austin, where he served on the
Texas Law Review.
Mr. Wheeler will provide leadership in areas such as human resource
development and business process improvement. Since 1997, Mr. Wheeler has
been Senior Vice President of Organization Development for Centex Homes.
Prior to joining Centex Homes, Mr. Wheeler held senior operations and staff
positions in the manufacturing and services industries. He received his MBA
from the Wharton School of the University of Pennsylvania.
Mr. Wheeler will join Mr. Smerge, Leldon E. Echols, Centex's Executive Vice
President and Chief Financial Officer, and Robert S. Stewart, Senior Vice
President - Strategic Planning and Marketing, on the Senior Management Team
reporting to Mr. Eller. Mr. Woram will become part of the Senior Management
Team when Mr. Smerge retires.
Through its subsidiaries, Dallas-based Centex consistently ranks among the
nation's largest homebuilders, non-bank-affiliated retail mortgage lenders
and commercial contractors. The company also has operations in home services
and title and insurance.
Centex Corporation was recently ranked No. 12 on Business Week magazine's
eighth annual list of the Top 50 best performing companies in America. The
company consistently ranks among FORTUNE magazine's list of "America's Most
Admired Companies" in the homebuilding industry. For more information visit
www.centex.com.
CPLBF
SOURCE Centex Corporation
Sheila E. Gallagher, Vice President - Corporate Communications,
or Gayle A. Goodman, Project Manager, Public Relations, both of
Centex
Corporation, +1-214-981-5000
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