Eric Lipar is the CEO and Chairman of LGI Homes, a company he co-founded. He has a degree in Business Administration from the University of Texas at Austin and has worked in the residential land development industry since the mid-1990s....
Eric Lipar is the CEO and Chairman of LGI Homes, a company he co-founded. He has a degree in Business Administration from the University of Texas at Austin and has worked in the residential land development industry since the mid-1990s. Under his leadership, LGI Homes has grown rapidly, closing over 10,000 homes in a year and expanding into 19 states with 101 active communities. His role involves making big decisions about land acquisition, development, and home sales, focusing on delivering homes to entry-level buyers. Eric is also known for his straightforward approach to business, linking the company's success to performance metrics like home closings and pre-tax income. In the past year, he earned a total compensation of about $5.3 million, which reflects his significant impact on the company's growth and performance. Interestingly, he also has family ties within the company, with his uncle serving on the board and his cousin working in acquisitions. Eric is a hands-on leader who values strategy and results, making LGI Homes a standout in the homebuilding industry.