Co-Founder Tommy Beadel to Lead as Co-Chairman of the Board of Directors for Thomas James Homes following the company's new chapter after 16 years of success and growth
ALISO VIEJO, Calif., June 15, 2023 /PRNewswire-PRWeb/ -- Thomas James Homes (TJH), the largest replacement homebuilder in the country, today announces James Mead's appointment to Chief Executive Officer. Co-founder Tommy Beadel, TJH's CEO since the company's inception in 2006, will continue as Co-Chairman of the Board of Directors, and will support Mr. Mead as he transitions into his new role. As CEO, Mr. Mead will focus on corporate strategy and execution, as he leads the company through the evolution of its business model as the premier replacement home builder in the country's best markets.
Bringing over 25 years of C-suite experience in public companies and management responsibility across nearly every sector of real estate, Mr. Mead joined TJH in March 2021 as Chief Financial Officer, and has been instrumental in the company's success. In his time at TJH, Mr. Mead has been a driving force behind operating process innovation, the acceleration of technology development, and the development of value creation strategies in addition to building a strong financial foundation. Mr. Mead demonstrated exceptional leadership throughout the organization, allowing the replacement homebuilder to re-envision its business plan while honoring TJH's core pillars.
"When I think about the last year at Thomas James Homes, I can't help but see an impressive magnitude of positive change," says Mr. Mead. "Tommy has placed us on the right track; my job going forward is to continue our important mission. Leading a quality and values-driven organization like Thomas James Homes means something to me and our team is positioned for success. Tommy's values of family, community and innovation have been pillars of the company, and that will not change under my leadership."
In the company's 16 years, TJH has proven that its business model to build replacement housing in the most desired communities in the country at scale meets the discerning wants and needs of its clients, and provides an underpinning of financial success through a team of the best professionals in the industry; relationships and partnerships based on honesty and trust; and a product created to align with the values which are the foundational elements of why Mr. Beadel started TJH have been the key. Working in partnership together, Mr. Mead and Mr. Beadel have driven a renewed focus on process, organization, and execution for the company, leading TJH into its new chapter.
"In Jamie's time at Thomas James Homes, he has positively impacted every part of the business. His experience and demonstration of leadership throughout the organization has allowed us to re-envision the way we run the company," says Mr. Beadel. "Over the past 12 months I have worked tirelessly to personally assemble a leadership team that can move Thomas James Homes into the next evolution of the company's life; build a business that is a proven success, create a name that's recognized for award-winning home design, and prove there is a larger market for what we provide. I'm thrilled to see what our next chapter looks like under Jamie's leadership, and have nothing but confidence for this exciting new era of Thomas James Homes."
Additional organizational changes effective immediately include Steve Kalmbach's promotion to President and Chief Operating Officer. Mr. Kalmbach joined TJH in April of 2022, coming from an over 20-year distinguished career at Pulte Homes. Over the course of the last year, Mr. Kalmbach has professionalized operations and simplified TJH's business model, developing clear direction and accountabilities while creating an organization for success.
Further, Bill Welsh has been promoted to Chief Financial Officer. Mr. Welsh joined TJH in January as Chief Accounting Officer coming from Shake Shack, a multibillion-dollar public company. Mr. Welsh has been immediately impactful by bringing in institutional processes, creating a discipline in accounting, and hiring best in class talent to fill key open positions.
This strategic new chapter follows TJH's recent debut of its Private Client Group, developed in an effort to support the company's BUILD by TJH solution across its core markets: Southern California, Northern California, the Pacific Northwest, Colorado, and Arizona. With a commitment to "unlock access to the coolest neighborhoods, one new home at a time," the well-established company is putting a stronger emphasis on its BUILD offering, which enables homeowners to unlock the value and potential of their existing home by rebuilding a new, larger one in its place—all with the confidence of TJH's pricing and on-time delivery guarantees.
About Thomas James Homes:
Headquartered in Aliso Viejo, California, Thomas James Homes (TJH) is the leading single-lot replacement homebuilder unlocking invaluable access to new homes in the coolest neighborhoods. TJH has more than 500 homes in production across Southern California, Northern California, the Pacific Northwest, Colorado, and Arizona. Delivering design-driven homes in communities within major metro areas where new construction is rare and in demand, TJH's customer-centric solutions include options to build a new home on an existing homesite, personalize a pre-construction home, or buy a completed home curated by in-house design experts. Committed to long-term trade partnerships and recognized by the National Association of Home Builders for its award-winning agent program, TJH exists to help everyone in its marketplace thrive. Thomas James Homes is owned by Funds managed by Oaktree Capital Management, L.P. To learn more visit tjh.com.
Media Contact
Media Contact, Thomas James Homes, 1 661.607.9397, tjh@candrpr.com
SOURCE Thomas James Homes
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