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The company … One of the first jobs of the new board will be to elect a member to take over the chairman’s role from Mr. Capellas. That division of responsibility was one of 78 corporate governance recommendations Mr. Breeden filed …

The company’s current and future construction of about 2,500 units over the next 24 months means the creation of over 500 jobs. “Year after year we keep our goal on one thing, and that is doing projects and doing them well,” Breeden …

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