Newport Beach’s William Lyon Homes Inc. on Monday named three directors to its board, including former The Irvine Company executive Gary Hunt.
Hunt formerly was an executive vice president and board member of the Irvine Co. He’s now a managing partner of California Strategies LLC, a lobbying firm in Newport Beach.
Harold Greene, and Arthur Laffer also were named to the homebuilder’s board.
Greene most recently served as the managing director for Charlotte, N.C.-based Bank of America Corp.’s California commercial real estate division. There he managed an investment portfolio worth $2.6 billion.
Laffer, known for his supply-side economic theory, founded Laffer Associates in San Diego. He provides economic research and global investment research consulting services to real estate asset managers, pension funds, financial institutions, and corporations.
He was involved in California’s Proposition 13.
The three new directors were elected during a meeting of Lyon’s board Monday.
They replace board members who resigned amid a dispute with Chief Executive William Lyon over his failed bid to take the company private.
