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Friday
May132005

Finchem On Board

I know you haven’t made it in the corporate world until you have at least one raging conflict of interest, but still, Tim Finchem joining the board of KB Homes will definitely raise some eyebrows. Particularly since the Tour pays him a $3.8 million salary and a hefty bonus. Does he really need the side gig? Or have time?

"Tim brings a fresh perspective and a unique set of skills to our board," said KB Home Chairman and Chief Executive Officer Bruce Karatz. "He has driven the professional golf industry to all-time highs in popularity, earnings and partnerships. In addition, as KB Home continues to expand our leadership positions in markets we build and broaden the diversification we offer our homebuyers, his experience in developing land and creating world-renown golf course communities will be extremely valuable."

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