Lennar Corporation
Jonathan M. Jaffe Announces Retirement as Lennar Co-CEO and President
Summary
On November 12, 2025, Lennar Corporation announced that Jonathan M. Jaffe, Co-CEO and President, will retire effective December 31, 2025. Jaffe, who has been with Lennar since 1983, will also step down from his role as a Director. Stuart Miller will continue as Executive Chairman and CEO. The Company does not intend to seek a replacement for Jaffe’s position. This transition aims to streamline Lennar’s leadership and management structure to promote affordability and position the company for future growth.
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About Lennar Corporation
Lennar Corporation is a prominent home construction and real estate company, recognized for building affordable, move-up, and active adult homes. Its primary function is to cater to a diverse range of homebuyers across the United States, offering not only residential properties but also financial services through its mortgage and title operations. Lennar's focus spans across key housing markets, significantly impacting regions with high demand for housing like the Sun Belt states. Besides construction, it integrates technology and sustainability into its projects, enhancing overall community appeal and efficiency. Established in 1954, the company has continually adapted to changing market conditions, contributing to urban development and housing innovation. By maintaining a strong emphasis on strategic land acquisition and development, Lennar plays a vital role in shaping residential trends and addressing the ongoing demand for homes in a variety of economic climates.
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