NVR appoints new members to board of directors
Reston, Va.-based NVR, parent of Ryan Homes, NVHomes, Fox Ridge Homes and Rymarc Homes, has announced that Alfred E. Festa and W. Grady Rosier will join its board of directors as independent directors, effective Dec. 1, 2008.
Festa has also been appointed as a member of the Audit, Qualified Legal Compliance and Nominating Committees; and Rosier has been appointed as a member of the Compensation and Corporate Governance Committees.
Festa is chairman, president and CEO of W.R. Grace & Co. He has also held management positions with Morgenthaler Private Equity Partners, ICG Commerce, Allied Signal and General Electric.
Rosier is president and CEO of McLane Co., a subsidiary of Berkshire Hathaway.