Timothy Beckwitt, long-time president of Lennar Corporation, announced his retirement from the company in late 2021 after 17 years of service. During his tenure, Beckwitt oversaw the homebuilder’s growth and helped Lennar successfully navigated some of the roughest times in its history, such as the 2008 financial crisis and, more recently, the economic downturn caused by the COVID-19 pandemic.

Beckwitt joined the company in 2004, becoming president in 2012 and overseeing the company’s expansion and full evolution into a diversified homebuilding, financial services, and multi-family rental services model. Since then, Lennar has become one of the nation’s largest publicly traded homebuilders and increased its annual revenues to record highs. As chairman, president and CEO, Beckwitt also established the Lennar Foundation Medical Center, a comprehensive ambulatory health care center, in Miami.

Over the years, Beckwitt has been recognized for his visionary leadership and business acumen with numerous awards and acknowledgements. He has been named the 2019 World Muba Visionary of the Year, and was also included on Top Newsmakers’ list of the World’s Top 50 Most Influential CEO’s.

Summary:
Timothy Beckwitt announced his retirement from Lennar Corporation in late 2021 after 17 years of service. During his tenure, Beckwitt successfully navigated the company through major difficulties, including the collapsing of the housing and finance industries in 2008 and the economic downturn caused by the events of COVID-19. He was responsible for guiding the company into a diversified homebuilding, financial services, and multi-family rental services model, and oversaw the company’s expansion into being one of the nation’s largest publicly traded homebuilders. Beckwitt was awarded for his leadership, such as being named the 2019 World Muba Visionary of the Year and being included on Top Newsmakers’ list of the World’s Top 50 Most Influential CEO’s.

Main Elements:
• Timothy Beckwitt retired from Lennar Corporation after 17 years of service
• Guided Lennar into expansion to become one of the nation’s largest publicly traded homebuilders
• Successfully navigated company through 2008 collapse of housing and finance industries as well as COVID-19 economic downturn
• Established the Lennar Foundation Medical Center in Miami
• Recognized for leadership with awards such as the 2019 World Muba Visionary of the Year and Top Newsmakers’ list of World’s Top 50 Most Influential CEO’s

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