Key facts
- Jim Francescon will oversee homebuilding operations, land and related corporate functions in the president role.
- Dale Francescon said the board, Rob and he had planned and executed the succession plan over the past two years.
- Jim Francescon joined Century Communities in 2019 and most recently ran corporate operations, including strategy and M&A.
- He led recent acquisitions of HistoryMaker Homes, Anglia Homes and Landmark Homes of Tennessee, per the announcement.
- Century Communities was ranked 13th by sales volume in the HousingWire Homebuilder Rankings, the company said.
Century Communities Inc. said on November 9 that Jim Francescon, currently executive vice president of corporate operations, will be promoted to president effective January 1, 2027. The company described the move as part of its long-term succession planning.
Rob Francescon, who serves as chief executive officer and president, will remain CEO. Dale Francescon will continue as executive chairman. In the president role, Jim Francescon will oversee Century Communities' homebuilding operations, land and related corporate functions and will help drive strategy and growth, according to the announcement.
"Today's announcement reflects the implementation of a succession plan that our Board, Rob, and I have been planning and executing over the past two years," Dale Francescon said in a statement. Rob Francescon said Jim Francescon had played an integral role in shaping strategic direction and growth, including leading recent acquisitions.
Jim Francescon said he was "honored to take on this role and grateful to our Board, Dale and Rob for their confidence." He joined Century Communities in 2019 and most recently oversaw homebuilding, land, strategy, business development and mergers and acquisitions. In that role he led the acquisitions of HistoryMaker Homes, Anglia Homes and Landmark Homes of Tennessee, which expanded Century's presence in Dallas-Fort Worth, Houston and Nashville, respectively.
Before that he was president of Century Living, the company's multifamily platform, and earlier served as corporate vice president. Prior to joining Century, he worked in private equity at GoldPoint Partners, a subsidiary of New York Life Investments, and in investment banking at J.P. Morgan Securities LLC. The company said it was ranked 13th by sales volume in the HousingWire Homebuilder Rankings.