Legacy Housing Corporation appoints Jeff Fidelman as president

BEDFORD, Texas, Sept. 12, 2023 (GLOBE NEWSWIRE) — Legacy Housing Corporation (“Legacy” or the “Company,” NASDAQ: LEGH) announced that Jeff Fidelman has joined the company today as Chief Financial Officer (“CFO”).

Duncan Bates, President and CEO, commented, “I am excited to have Jeff join our team as CFO. Jeff is a proven CFO who brings significant experience in the finance, accounting and operations areas of Legacy. He has held senior leadership positions at public and private companies, and will be… His experience, background and education are a great addition to our leadership team.

Mr. Fidelman replaces Ronald Arrington, who resigned as CFO on September 11, 2023.

“I want to thank Ron for his dedicated service to Legacy and wish him great success in his future endeavors,” Duncan continued.

Jeff Fidelman Biography

Mr. Fidelman (54) is a seasoned executive with over thirty years of experience in finance, strategy and operations. He has extensive experience with global companies, both public and private, in numerous industries including manufacturing, distribution, technology, and food and beverage. He has held leadership roles in corporate finance, global finance operations and accounting, capital markets, product management, and manufacturing operations. Most recently, he ran his own consulting firm providing CFO and transaction advisory services to middle market companies. Previously, he served as CFO for Pioneer Wine & Spirits, Orion Technologies and Substrate Technologies. Mr. Fidelman holds a bachelor’s degree in electrical engineering from Stanford University and an MBA from the Wharton School at the University of Pennsylvania.

About the Heritage Housing Company

Legacy builds, sells and finances manufactured homes and “tiny homes” that are distributed through a network of independent retailers and company-owned stores. The company also sells directly to manufactured housing communities. Legacy is the fifth largest producer of manufactured homes in the United States according to the number of manufactured homes based on information available from the Manufactured Housing Institute and the Institute of Construction Technology and Safety. With current operations primarily focused in the Southern United States, we offer our clients a range of quality homes ranging in size from approximately 395 to 2,667 square feet and 1 to 5 bedrooms, with 1 to 3 1/2 bathrooms. Our homes range in price, at retail, from approximately $33,000 to $180,000.

Investor inquiries:
Duncan Bates, (817) 799-4837

Media inquiries:
Kira Hovancic, (817) 799-4905

(tags for translation) Nasdaq: LEGH

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