Century Communities Inc. (NYSE: CCS) announced on Monday that Jim Francescon has been promoted to president, effective Jan. 1, 2027, as part of the company’s long-term succession planning process.
The company, ranked 13th by sales volume in the HousingWire Homebuilder Rankings, said Dale Francescon will continue to serve as executive chairman. Rob Francescon, who currently serves as chief executive officer and president, will remain CEO.
As president, Jim Francescon will oversee Century Communities’ homebuilding operations, land and related corporate functions and will help drive the company’s 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, executive chairman of Century Communities, said in a statement. “We have been very thoughtful in how we have approached succession, with the goal of best positioning Century for long-term alignment with shareholders, success and growth.”
“Jim has played an integral role in shaping our strategic direction and our growth into one of the largest homebuilders in the country, including leading our recent acquisitions that have deepened our footprint and strengthened our platform,” Rob Francescon, CEO of Century Communities, said. “I look forward to continuing to work closely with Jim and our entire executive team as we position Century for continued success.”
Jim Francescon said he is “honored to take on this role and grateful to our Board, Dale and Rob for their confidence.”
“We have built a strong operating platform and a talented team, and I am excited about the opportunities ahead as we continue to grow and deliver on our promise of A Home for Every Dream®,” he said.
Francescon joined Century Communities in 2019 and most recently served as executive vice president, corporate operations, overseeing much of the company’s corporate operations, including homebuilding, land, strategy, business development, and mergers and acquisitions.
In that role, he led the company’s acquisition strategy, including recent 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 serving as executive vice president, Francescon 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.
He holds a Bachelor of Science in business administration with a concentration in finance and real estate and a Master of Science in finance from the University of Denver. Francescon also serves as a trustee of the University of Denver, Children’s Hospital Colorado Foundation and ACE Scholarships Colorado.
