MDC announces CFO departure

Denver-based home builder MDC Holdings announced SVP and CFO Christopher Anderson has concluded his employment, effective Nov. 5.

The company, which builds homes under the name Richmond American Homes, said Anderson will provide consulting services to the company for 90 days.

The company did not announce a replacement.

"For the past two and a half years, Chris has been an integral part of our team," said Larry Mizel, MDC's chairman and CEO. "As a leader in the company, Chris' ability to identify and solve key business issues has led to long-lasting improvements to our operations. As the leader of the finance organization, he has been an excellent steward of our investment grade balance sheet and has consistently demonstrated strong financial integrity. We regret seeing him go and wish him well."

"I am honored to have had the opportunity to spend the past few years with MDC," Anderson said. "I am grateful to senior management, the board of directors and the investment community for their support during my tenure, and I will do all that I can to ensure a smooth transition of my responsibilities over the next several months."