Lennar Corporation Announces Leadership Changes: New Legal Expertise Added to the Team

Leadership Changes at Lennar Corporation

In a significant move that marks a new chapter for Lennar Corporation, the company has announced the forthcoming retirements of two key executives, General Counsel Mark Sustana and Chief Operating Officer Fred Rothman. Effective September 2, 2025, Sustana will pass the leadership baton to Katherine Lee Martin, who will take on the role of Chief Legal Officer. This strategic transition comes at a time when Lennar is poised for continued growth in the homebuilding industry.

Mark Sustana has been with Lennar since 2005, initially serving as General Counsel and later being elevated to Vice President in 2018. Throughout his tenure, he played a vital role in guiding the company through periods of both extreme growth and challenging economic climates. Sustana was integral in navigating complex legal infrastructures, which allowed Lennar to expand its reach across markets while adapting to regulatory challenges. His departure marks the end of a remarkable leadership period, during which his expertise significantly shaped Lennar’s foundations.

Stuart Miller, Executive Chairman and Co-Chief Executive Officer, lauded Sustana for his unwavering integrity and dedication. He expressed gratitude for Sustana’s service, stating, “Mark has been a trusted leader and advisor, and a steady hand through the last 20 years of change and opportunity at Lennar. His integrity and wisdom have helped shape the foundation we stand on today.” Even after retirement, Sustana will remain available as a consultant to ensure smooth transitions in leadership.

Stepping into Sustana’s shoes, Katherine Lee Martin brings an impressive background that promises to add valuable expertise to Lennar. Having served as the Executive Vice President and General Counsel for The Hertz Corporation, Martin’s leadership experience spans over two decades, covering corporate law, compliance, and governance. Her earlier roles at X Corp and as an Assistant U.S. Attorney have refined her skills in navigating complex legal terrains, which will be essential as Lennar continues to evolve in the rapidly changing housing market.

On her new role, Martin expressed her excitement about joining Lennar, noting the ethical standards and operational excellence that the company embodies. “I’m very pleased to welcome Katherine to Lennar,” Mr. Miller remarked, emphasizing how Martin's experience in corporate law and regulatory matters will perfectly align with Lennar’s strategic vision.

Alongside Sustana's retirement, Chief Operating Officer Fred Rothman will also be stepping down on the same date after nearly two decades with the company. Rothman has been a significant player in Lennar’s operational strategies, including overseeing the company’s shift to more efficient land-light strategies and spearheading initiatives for veterans’ housing. His commitment to corporate responsibility earned him accolades such as the Lee Greenwood Patriot Award for his contributions to charitable endeavors.

Rothman’s departure signals a shift in Lennar's executive structure, as the company does not plan to fill the COO position immediately. Instead, he will serve as a consultant post-retirement, offering insights that will guide Lennar through its transitional phase. With Rothman’s extensive experience since joining in 2006 as the Eastern Regional President, Miller noted how Rothman’s leadership strengths have been crucial in driving Lennar’s homebuilding operations, enhancing efficiencies, and supporting various philanthropic efforts.

Founded in 1954, Lennar Corporation has grown to be one of the leading homebuilders in the United States, creating homes across various demographics. The organization has diversified, engaging in financial services and multi-family property development. As Lennar embarks on this transformative leadership journey, the company is set to leverage the experiences of its new leaders to continue its legacy of quality homebuilding while navigating future expansions.

For more information about Lennar Corporation and its projects, visit Lennar's official website.