LUMBERYARDS

KB Homes wisens up with smart home features

BY HBSDealer Staff

In an effort to step up its commitment to energy efficiency and emerging technology, KB Home announced Tuesday that all of its new homes will be equipped with "smart" Wiser home management systems. The feature will allow homeowners to monitor their energy consumption in real time from their mobile devices or computers.

"This system is … a sign of our times," said Jeffrey Mezger, president and CEO of KB Home. "Not only do consumers want ‘smart’ phones, they want ‘smart’ homes as well."

The system allows users to view daily energy usage in both dollars and kilowatts and can be upgraded to include home automation features, such as remote door, lighting, thermostat and security.

The Wiser system is not the first step KB Homes has taken to equip its homes for the 21st century. KB Homes are all Energy Star certified and feature WaterSense fixtures, low-VOC paint, programmable thermostats and energy-conserving windows.

KB Homes is the first builder to adopt the Wiser system.

According to a 2012 report by Juniper Research, the smart home market is on pace to be valued at $60 billion by 2017, compared with $25 billion last year. The vast majority of the growth — 82% — is predicted to be driven by smart entertainment features.

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PEOPLE IN THE NEWS: Jeanine Montgomery

BY HBSDealer Staff

Beacon Roofing Supply has appointed Jeanine Montgomery as VP and chief accounting officer, effective July 8. Montgomery is replacing current CAO Rick Welker, who will remain on board as acting CFO for approximately one month to assist with the transition.

"Jeanine has a strong history of consolidated SEC financial reporting, SOX oversight and compliance, M&A financial analysis and leadership development that makes her a perfect fit for Beacon," said CFO Joe Nowicki. "We feel very fortunate to bring a talented executive with her depth of financial experience to our team."

Montgomery will operate out of the company’s Herndon, Va., office and will oversee Beacon’s financial/SEC reporting and accounting policies.

Montgomery most recently served as the VP accounting and corporate controller for GeoEye/Digital Globe for the past five years. A certified CPA and a member of the AICPA, Montgomery brings a varied background in accounting and financial management to the table. 

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PEOPLE IN THE NEWS: Edward F. Lonergan

BY HBSDEALER Staff

Owens Corning has announced that Edward F. Lonergan, president and CEO of Chiquita Brands International, has been elected to the company’s board of directors, effective Sept. 18, 2013.

"We welcome Ed to our board of directors," said Owens Corning chairman and CEO Mike Thaman. "His global experience and strong commercial background make him a valuable addition to the board.  We are delighted to have recruited such an outstanding director."

Lonergan was named CEO of Chiquita in 2012, and currently serves on the company’s board of directors. He previously served as director, president and CEO of Diversey, a global provider of sustainable cleaning, sanitation and hygiene solutions, from February 2006 through the sale of the company to Sealed Air Corporation in October 2011. Prior to that, he served as president, Commercial Operations Europe for The Gillette Company. He held various positions at Procter & Gamble from 1981 to 2002.

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