Shailee Parikh
LGI HomesAbout Shailee Parikh
Independent director of LGI Homes since December 2021; age 44 in the 2025 proxy. Current roles include Chief Operating Officer at Revantage (a Blackstone portfolio company) since November 2024 and Managing Partner at ARK Real Estate, LLC since August 2023. She is designated an “audit committee financial expert,” with prior senior finance and strategy roles at Aon and earlier banking and investment banking experience; education includes an MBA from Stetson University, BS in Industrial Engineering and BA in Economics from Northwestern University .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Aon plc | Global Head of Strategy & Solution Development, Health Solutions | Apr 2020–Aug 2023 | Led strategic planning and solution design; transformational initiatives |
| Aon Business Services | Senior Vice President | 2017–2020 | Operational leadership |
| Aon Hewitt | SVP, Global Service Operations | 2016–2017 | Global operations leadership |
| Aon Hewitt | CFO, EMEA | 2015–2016 | Regional finance leadership |
| Aon plc | Chief of Staff to CEO | 2012–2015 | Executive office support, strategy execution |
| Reunion Bank of Florida | Finance leadership | 2010–2012 | Various finance roles |
| BB&T (formerly Colonial Bank) | Finance leadership | 2005–2010 | Various finance roles |
| Morgan Stanley | Investment Banking Division | 2002–2004 | Analyst/associate, investment banking |
External Roles
| Organization | Role | Start Date | Notes |
|---|---|---|---|
| Revantage (Blackstone Portfolio Company) | Chief Operating Officer | Nov 2024 | Operations, scale, efficiency |
| ARK Real Estate, LLC | Managing Partner | Aug 2023 | Real estate investment & management |
Board Governance
- Committee assignments: Audit Committee member (not Chair) in 2022–2024; Audit Committee Chair is Ryan Edone. Compensation Committee Chair is Maria Sharpe (effective July 1, 2023); Nominating & Corporate Governance Committee Chair is Steven Smith .
- Independence: The Board determined Parikh is independent under NASDAQ standards; the Board is majority independent (all except CEO Eric Lipar) .
- Attendance and engagement: In 2022, all directors attended 100% of Board and committee meetings; Board met six times, Audit four, Compensation five, Nominating four. For 2024, meeting counts were Board five, Audit four, Compensation four, Nominating four; independent directors hold regular executive sessions led by the Lead Independent Director .
- Audit Committee mandate: Oversight of financial statements, compliance, auditor independence/performance, and review/approval of related-person transactions; Parikh qualifies as an Audit Committee financial expert .
Committee Membership Snapshot (Years)
| Year | Board | Audit | Compensation | Nominating & Corporate Governance |
|---|---|---|---|---|
| 2022 | Member | Member | — | — |
| 2023 | Member | Member | — | — |
| 2024 | Member | Member | — | — |
Fixed Compensation
| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Annual cash retainer (non-employee director) | $75,000 | $75,000 | $75,000 |
| Additional cash retainer (chairs; Parikh not chair) | $0 (Parikh) | $0 (Parikh) | $0 (Parikh) |
| Reimbursement of travel expenses | Provided per policy | Provided per policy | Provided per policy |
| Name | Fees Earned (Cash) | Stock Awards (Grant-date fair value) | Total |
|---|---|---|---|
| Shailee Parikh | $75,000 | $155,020 | $230,020 |
| Shailee Parikh | $75,000 | $155,067 | $230,067 |
| Shailee Parikh | $75,000 | $155,067 | $230,067 |
- Non-employee director program: $75k cash retainer; additional cash only for committee chairs (Audit/Comp $20k; Nominating $15k); $155k RSUs annually; one-year cliff vest; change-in-control, disability, death accelerations .
Performance Compensation
- No options or PSUs for directors disclosed; equity is time-based RSUs only (one-year cliff), with standard acceleration on change-in-control, disability, death .
| RSU Grant Details (Directors) | Dec 15, 2022 | Dec 15, 2023 | Dec 15, 2024 |
|---|---|---|---|
| RSUs granted (for following year of service) | 1,490 (2023 service) | 1,221 (2024 service) | 1,553 (2025 service) |
| Grant-date fair value | ~$155,000 | ~$155,000 | ~$155,000 |
| Vesting | 1-year cliff | 1-year cliff | 1-year cliff |
| Acceleration terms | CoC, disability, death | CoC, disability, death | CoC, disability, death |
Other Directorships & Interlocks
- No other public company directorships for Parikh are disclosed in the proxy biographies; external roles include ARK Real Estate and Revantage .
- Lead Independent Director: Bryan Sansbury, serving since 2013, sits on Compensation and Nominating Committees; supports independent oversight .
Expertise & Qualifications
- Finance/strategy/operator profile: senior roles at Aon across finance and operations; designated Audit Committee financial expert at LGI .
- Education: MBA (Stetson); BS Industrial Engineering and BA Economics (Northwestern) .
- Industry experience: Operations and strategy in professional services; current COO role at Revantage emphasizes scalability and operational efficiency .
Equity Ownership
| As-of Date | Shares Beneficially Owned | Percent of Outstanding |
|---|---|---|
| Mar 1, 2023 | — | <1% (“*”) |
| Mar 1, 2024 | 2,795 | <1% (“*”) |
| Feb 28, 2025 | 4,016 | <1% (“*”) |
| Unvested RSUs (as-of) | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|
| Parikh | 2,795 | 1,221 | 1,553 |
- Anti-hedging and insider trading policy: Hedging prohibited; pledging permitted only with pre-clearance. No pledging by Parikh is disclosed; CEO Lipar’s pledge is disclosed separately, highlighting Board oversight context .
Governance Assessment
- Strengths: Independent status and Audit Committee financial expert designation bolster financial reporting oversight; consistent 100% meeting attendance in 2022 supports engagement; independent directors meet in executive session, enhancing governance quality .
- Alignment: Director pay balanced between fixed cash and at-risk equity (RSUs with one-year vest), with growing personal share ownership from 2023 to 2025; no related-party transactions involving Parikh disclosed, and Audit Committee reviews/approves related-person transactions per policy .
- Watchpoints: External operating role at Revantage (Blackstone portfolio company) and ARK Real Estate suggest monitoring for any future transactions with Blackstone-affiliated entities or ARK; the company reports no related party transactions in 2023–2022 (historical 2021 transactions involved other directors/family) . Board permits pledging with pre-clearance; continued monitoring for director pledging remains prudent (no Parikh pledging disclosed) .
Overall view: Parikh’s audit expertise, independent status, and increasing ownership support investor confidence. Lack of performance-based equity for directors is standard; continued RSU grants and attendance support alignment and effectiveness. No conflict signals tied to Parikh are disclosed; governance processes (related-party review, executive sessions) appear robust .