Veteran Real Estate Executive Assumes Overall Operational Responsibilities For Fieldstone in California, Utah and Texas
IRVINE, Calif. – Aug. 10, 2011 – C. Alan Arthur has been appointed President of FNE
Holdings, LLC (FNE), the parent company of the Fieldstone Group of Companies
(Fieldstone). The announcement was made by William H. McFarland, Chief Executive
Officer of FNE.
“Alan has served in a variety of senior management roles during his 20-year career with
Fieldstone, and has managed almost every area of residential development during both
strong and challenging market conditions,” said McFarland. “We are fortunate to have
Alan’s kind of business experience and expertise, as well as his high personal values and
other positive individual qualities, and I am looking forward to him taking charge of the
overall operational responsibilities for Fieldstone.”
Since 2007, Arthur has been executive Vice President and Chief Financial Officer and
during the past two years has assumed additional roles at Fieldstone, including the
management of both the Utah and Texas operations. In his new role as President, Arthur
will have direct responsibility for the operations of Fieldstone in California, Utah and
Texas. He also retains many of his responsibilities as Chief Financial Officer.
“I know I speak for the entire board in sharing that we believe Alan’s broad base of
experience in both financial and operational management roles, his negotiating and deal
structuring skills and his other experience and talents are a perfect fit for the needs of
Fieldstone today,” said Peter Ochs, co-founder and chairman of the board of FNE.
“I am very honored and excited to be appointed to the position of President of Fieldstone.
As I have assumed additional roles and responsibilities in recent years, during which both
Fieldstone and the home building industry have faced many challenges, it has become my
passion to successfully manage Fieldstone through these difficult economic times and
into a prosperous future,” said Arthur.
“I am highly energized by this new role and look forward to continuing to work with Bill
McFarland, Peter Ochs, and the Fieldstone Board as well as the other managers and staff
at Fieldstone.”
Prior to joining Fieldstone, Arthur was an audit manager and consultant with Price
Waterhouse and Kenneth Leventhal & Co. Alan has also served on the boards for
various non-profit organizations.
About The Fieldstone Group of Companies
The Fieldstone Group of Companies (Fieldstone) traces its history back to 1981. Since
that time, companies within Fieldstone have acquired, managed and developed numerous
communities in Southern California, Texas and Utah ranging in size from small
subdivisions to large master planned communities. Since inception, Fieldstone has
completed the construction and sale of more than 26,000 attached and detached homes
with revenues totaling approximately $6.7 billion. In addition, Fieldstone provides fee
building, property management and consulting services to financial institutions, investors
and other land owners. Companies within Fieldstone are privately-held with offices in
Irvine, California and Salt Lake City, Utah For more information,
