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AI brief of an SEC Form 8-K · Lennar (LEN)

Lennar co-CEO Jonathan Jaffe to retire December 31, 2025; Stuart Miller to remain CEO

Neutral Impact 4 of 5 leadership Written later

Lennar co-Chief Executive Officer and President Jonathan Jaffe will retire and resign from the board effective December 31, 2025, after notifying the board on November 12, 2025. The company does not plan to replace his role, and Stuart Miller will continue as Executive Chairman and Chief Executive Officer. The filing does not include financial results, but the change removes a senior leadership position and reduces the board from ten to nine members.

Key points

  • Jaffe, who joined Lennar in 1983 and has been co-CEO and president since September 2023, retires effective December 31, 2025
  • Lennar does not intend to seek a replacement for Jaffe's position at this time
  • Board plans to reduce its size from ten members to nine, effective December 31, 2025
  • Miller remains Executive Chairman and becomes sole Chief Executive Officer; the company said the timing reflects the need to remake its organizational and cost structure

The filing

CompanyLennar (LEN)
Form8-K, current report
Filed with the SECNov 14, 2025, 5:25 PM ET
Accession number0001628280-25-052423

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 14, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.