2023-06-17 17:32:18
Meritage Homesthe fifth largest public housing developer in the United States, recently announced, as part of its renewal process, the appointment of Dennis V. Arriola as an independent director.
Arriolawho became the company’s 12th director, noted in a press release:
I am honored to join the Meritage Board. This homebuilder has successfully scaled the business while offering quality and energy efficiency to its clients
Arriola, who will start working in July as an operating partner at Sandbrook Capital, a private equity firm focused on transforming investments in energy infrastructure, was previously CEO of Avangrid, Inc., a sustainable energy company where he led the growth of utility and renewable energy trade groups, while strengthening investor engagement.
Bringing close to 30 years of leadership experience and extensive experience in the utility and clean energy sectors, with more than 15 years serving as an executive officer, Arriola has an MBA from Harvard University and received a bachelor’s degree in economics from Stanford University.
Among some of the leadership positions that Arriola has held throughout his corporate career, the following stand out:
- Chief Sustainability Officer, Executive Vice President and Group President at Sempra Energy
- President and CEO of Southern California Gas Company
- CFO of solar technology company SunPower Corporation, San Diego Gas & Electric, and Southern California Gas Company
- Executive Director at Avangrid Inc.
Currently, he serves as a CEO at ConocoPhillips.
“We are pleased to welcome Dennis to our Board. As a seasoned executive, his extensive operational and financial insights will further strengthen our Board with a diverse set of leaders, while his renewable energy expertise can help Meritage effectively navigate improving the resiliency of our new homes,” he said. Steven J. Hilton, CEO of Meritage Homes.
Shopping for a new home should be enjoyable, so choose whatever way works best for you. Walk through the virtual floorplans or stop by for an in-person tour to touch and feel all our design finishes. pic.twitter.com/CFDaf0dYZy
— Meritage Homes (@MeritageHomes) October 21, 2022
Arriola is also a member of the board of directors of the Automobile Club of Southern California (AAA) and previously served on the boards of directors of the Edison Electrical Institute, the US Chamber of Commerce, the Latino Economic Institute of California, the California Business Roundtable and the American Gas Association.
Likewise, he has been a nonprofit board member of United Way of Greater Los Angeles, Latino Donor Collaborative, Southern California Leadership Council, San Diego Symphony Orchestra Association and San Diego Foundation.
“Meritage Homes is the fifth largest public home builder in the US and is focused on quality, stylish and energy efficient homes. I’m proud to be associated with a company that helps families achieve an important part of the American Dream: homeownership! I look forward to working with CEO Steven Hilton and the board to support CEO Phillippe Lord and the Meritage team!” Arriola wrote in his LinkedIn profile.
Meritage Homes, with operations in Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina and Tennessee, offers affordable, energy-efficient homes for starters and newcomers alike.
The industry’s leading energy-efficient homebuilder, is a ten-time recipient of the Environmental Protection Agency’s (EPA) ENERGY STAR Partner of the Year Award for Sustained Excellence, a recognition given for innovation and leadership in the energy efficiency industry.
They were also winners of the 2023 Market Leader Award for Certified Homes, and the 2022 Indoor airPLUS Leader Award from the EPA.
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