Champion Homes announced the implementation of a succession plan in which Tim Larson, the company’s chief growth officer, has been appointed president, CEO and a member of the board of directors, effective immediately. He succeeds Mark Yost in these roles. Yost will be available as needed to support an orderly transition.
Larson joined Champion Homes in 2021. He was responsible for leading the company’s direct-to-consumer growth and brand transformation while driving a customer-centric approach to the business. Larson is an accomplished executive in the consumer products and manufacturing industries, including serving as CEO of Jostens Inc. and chief marketing officer and senior vice president of global customer excellence at Polaris Industries.
“As we engaged in our ongoing succession planning activities, the Board determined that Tim has the right set of leadership, operational and financial skills and experience to lead Champion Homes as it embarks on its next phase of growth,” said Eddie Capel, board chair. “Since joining the company, Tim has been instrumental in developing and executing our digital direct-to-consumer strategy, expanding our retail footprint, and driving a customer-centric approach to the business. We are confident now is the right time to transition leadership and that he will continue to build on the progress achieved during Mark’s tenure as CEO. We remain on track to deliver solid results in our third quarter and will look to capitalize on new opportunities to unlock even more value for our shareholders with Tim at the helm. On behalf of the Board of Directors, I thank Mark for his leadership as CEO of Champion Homes and his many contributions over the past decade.”
Larson said, “It is an especially exciting time at Champion Homes. There is a tremendous opportunity to expand and elevate offsite built homes through customer-centric product and service innovation, in support of both homeowners and our retailers. I look forward to working with our CFO, Laurie Hough, and the entire outstanding Champion team as we evolve and grow our portfolio of housing solutions.”
“It has been a privilege to serve as CEO, and I am proud of what our team has accomplished during my tenure at Champion Homes,” Yost said. “Having worked closely with Tim in recent years, I am confident in his ability to lead the company forward.”
