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R. Chad Dreier was elected president and chief executive officer of Ryland on November 29 1993 and chairman on December 21 1994. With a career spanning more than 20 years in the homebuilding industry Mr. Dreier possesses a unique combination of experience and proven results in finance homebuilding and mortgage operations. Over the course of his career Mr. Dreier has earned a reputation for building strong profitable businesses with the most notable of his successes being the rebuilding of Ryland.
Under his leadership Ryland has achieved a turnaround like no other in the homebuilding industry. In addition to surpassing the company's profit goals Mr. Dreier has vastly improved the quality of the company's home designs and land positions as well as put in place a high-caliber management team. Today the company's financial position is stronger than it has ever been. As evidenced by consistent record results from 1998 through the current year Mr. Dreier has clearly established Ryland as a leader in its industry.
Mr. Dreier has established a strategy to position Ryland for continued growth and profitability while reinforcing the company's position as a dominant high-volume production homebuilder by:
Focusing on entry-level and first- and second-time move-up buyers.
Providing homebuyers with the best value in terms of both product and price.
Building upon the strength of the company's national brand and reputation for customer service.
Maintaining geographic diversification.
Following a decentralized operating strategy to capitalize on the company's extensive local market knowledge.
This clear strategy has set a strong foundation for Ryland's continued success.
Mr. Dreier earned his bachelor's degree in accounting in 1969 from Loyola Marymount University in Los Angeles and was a first lieutenant in the United States Air Force from 1969 to 1972. He serves on the board of Occidental Petroleum Corporation is chairman of the board of trustees for Loyola Marymount University and is a member of the Policy Advisory Board of Harvard University's Joint Center for Housing Studies.
Mr. Dreier is an avid sports fan enjoys collecting sports memorabilia and owns a first-class baseball card collection. He and his wife Ginni live in Santa Barbara Calif. They are active members of the community providing both personal and financial support to a number of community organizations especially those dedicated to literacy education and health-related causes.
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