Roger A Cregg

AV Homes, Inc. (Nasdaq:AVHI) a developer and builder of active adult and conventional home communities in Arizona and Florida, today announced the appointment of former PulteGroup executive Roger A. Cregg as its new President and Chief Executive Officer, effective upon the December 3, 2012. Mr. Cregg, who most recently served as Senior Vice President of Finance and Chief Financial Officer of residential and commercial service provider The ServiceMaster Company, brings to AV Homes wide-ranging experience within the homebuilding industry. He joined PulteGroup, Inc. in 1998 and served as Chief Financial Officer with the Company until his retirement from the position of Executive Vice President and Chief Financial Officer in 2011. While at PulteGroup Mr. Cregg was also responsible for information technology, international operations and mortgage and title operations. During his career with the PulteGroup he successfully lead the funding of billions of dollars in capital market transactions and was involved in numerous mergers and acquisitions, including the acquisitions of active adult builder Del Webb in 2001 and Centex Corporation in 2009. Mr. Cregg also previously served as Executive Vice President and Chief Financial Officer at Zenith Electronics, and as Vice President and Chief Financial Officer of Sweetheart Cup Company, Inc., a leading manufacturer and distributor of specialty containers and paper goods. Mr. Cregg graduated from Northeastern University in Boston, with a Bachelor of Science degree in accounting. He earned his Master's degree in Management from Kellogg Graduate School of Management, Northwestern University. He currently serves as a member of the board of directors of Comerica Inc., a commercial bank holding company, and has previously served as chairman and a member of the board of directors of the Detroit branch of the Federal Reserve Bank of Chicago.