PLANO, Texas, March 20, 2025--(BUSINESS WIRE)--Green Brick Partners, Inc. (NYSE: GRBK) (the "Company" or "Green Brick") today announced the promotion of Bobby Samuel to Executive Vice President of Land. This announcement recognizes the significant contributions and leadership of Mr. Samuel that have played an integral role in Green Brick’s growth, including being named by Fortune Magazine the past six years as one of the fastest growing public homebuilders and land development companies in the country.

Mr. Samuel first joined Green Brick in 2018, serving as our National Vice President of Land. In this role, Mr. Samuel has and continues to oversee the land acquisition and development activities of Green Brick and its subsidiary builders. Mr. Samuel received a bachelor’s degree in civil engineering from Texas A&M University and a Master of Business Administration from the Neeley School of Business at Texas Christian University.

Jim Brickman, a Co-Founder and the CEO of Green Brick, said, "Bobby’s promotion to Executive Vice President and now serving as one of our named executive officers recognizes not only Bobby’s accomplishments and contributions, but also emphasizes how we view land as the foundation of our business and the driver of our profitability and our industry-leading margins." Mr. Brickman continued, "When Bobby started we only had approximately 6,300 lots owned and controlled, while, as of the end of 2024, that number has grown to over 37,800, a 500% increase in a 7-year timeframe. We’ve been able to expand our land position, including in some of the best new home markets in the country, through the hard work and skill of Bobby and his team. It is not a coincidence that Green Brick’s overall growth correlates with the expansion of our strong land and lot positions. This promotion recognizes the vital role that Bobby has and will continue to play in the overall growth story of our Company."

Mr. Samuel said, "I am honored and privileged to have played a part in the tremendous growth of Green Brick over the last seven years. But I am even more excited about what I see on the horizon for Green Brick’s future. I am surrounded by a tremendously skilled and dedicated team on the land acquisition and development side of our business. I look forward to helping our team members execute on Green Brick Partners’ superior land and lot position."

About Green Brick Partners, Inc.

Green Brick Partners, Inc (NYSE: GRBK), the third largest homebuilder in Dallas-Fort Worth, is a diversified homebuilding and land development company that operates through its seven subsidiary homebuilders in Texas, Georgia, and Florida. Green Brick owns five subsidiary homebuilders in Texas (CB JENI Homes, Normandy Homes, Southgate Homes, Trophy Signature Homes, and a 90% interest in Centre Living Homes), as well as a controlling interest in a homebuilder in Atlanta, Georgia (The Providence Group) and an 80% interest in a homebuilder in Port St. Lucie, Florida (GHO Homes). Green Brick also retains interests in related financial services platforms, including Green Brick Title, Green Brick Mortgage, and Green Brick Insurance. Green Brick is engaged in all aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, and sales for its residential neighborhoods and master-planned communities. For more information about Green Brick Partners Inc.’s subsidiary homebuilders, please visit https://greenbrickpartners.com/brands-services/.

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Forward-Looking and Cautionary Statements:

This press release contains "forward-looking statements", within the meaning of the Private Securities Litigation Act of 1995, regarding our future operations and financial results and our ability to take advantage of our future growth opportunities. These forward-looking statements reflect our current views about future events and involve assumptions which may be affected by risks and uncertainties in our business, as well as other external factors, which could cause future results to materially differ from those expressed or implied in any forward-looking statement. These risks include, but are not limited to: (1) our inability to successfully execute our strategies for growth, including an inability to grow our operations or expand our Trophy brand; (2) the advantages of our land acquisition and development strategies and locations and expectations that our land and lot positions will continue to grow our business; (3) our inability to implement new strategic investments and expansion into new markets, including the Austin and Houston markets; (4) difficulty in obtaining sufficient capital to fund our growth; and (5) our ability to meet our debt service obligations. For a more detailed discussion of these and other risks and uncertainties applicable to Green Brick please see our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250320131294/en/

Contacts

Benting Hu
Vice President of Finance
469-573-6755
[email protected]

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