Robert Dozier
About Robert Dozier
Robert Dozier (age 57) is an independent director of United Homes Group and has served on the board since 2023, following service on Great Southern Homes’ board from December 2021 until the business combination . He chairs the Nominating and Corporate Governance Committee and sits on the Audit, Compensation, and Related Party Transactions Committees; he is currently CEO of Palmetto Citizens Federal Credit Union (since February 2023) and previously held senior roles at First Reliance Bancshares/First Reliance Bank and the Federal Home Loan Bank of Atlanta; he holds a Political Science degree from the University of South Carolina and is a former USC Board of Trustees member .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| First Reliance Bancshares (holding company for First Reliance Bank) | President; Chief Operating Officer at FRB | Jan 2020 – Dec 2022 | Community bank operating in SC and NC; operational leadership |
| Federal Home Loan Bank of Atlanta | EVP & Chief Business Officer | Jun 2011 – Dec 2019 | ~$100B wholesale bank; oversight of business development serving 850 institutions |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Palmetto Citizens Federal Credit Union | Chief Executive Officer | Feb 2023 – present | Regional credit union leadership |
| University of South Carolina | Board of Trustees (former) | Not disclosed | Former trustee; ties to SC business community |
Board Governance
- Independence: The board determined Mr. Dozier is independent under Nasdaq and SEC rules .
- Committee assignments:
- Audit Committee – Member; chaired by Lead Independent Director Jason Enoch; 4 meetings held in 2024 .
- Compensation Committee – Member; chaired by Alan Levine; 2 meetings held in 2024 .
- Nominating & Corporate Governance Committee – Chair; conducted business by unanimous written consent, no physical meetings in 2024 .
- Related Party Transactions Committee – Member; chaired by Jason Enoch; oversees transactions involving Executive Chairman Michael Nieri or affiliates per charter and the certificate of incorporation .
- Attendance: The board met 7 times in 2024; each incumbent director attended at least 75% of board and applicable committee meetings .
- Lead Independent Director: Jason Enoch serves as Lead Independent Director .
- Controlled company context: UHG is a Nasdaq “controlled company” due to majority voting power held by Executive Chairman Michael Nieri; UHG does not currently rely on controlled company exemptions but may in future .
- Hedging/pledging: Directors and officers are prohibited from hedging and pledging company securities under UHG’s insider trading policy .
Fixed Compensation
Director compensation framework (year ended 2024):
| Component | Amount ($) | Notes |
|---|---|---|
| Annual cash retainer | 75,000 | Paid to all non-employee directors |
| Committee membership fee | 6,000 | Per committee; RPT Committee differs |
| Related Party Transactions Committee membership fee | 10,000 | Higher fee reflecting oversight scope |
| Committee chair fees – Nominating & Governance | 12,000 | Chair premium |
| Committee chair fees – Compensation | 12,000 | Chair premium |
| Committee chair fees – Audit | 15,000 | Chair premium |
| Committee chair fees – Related Party Transactions | 20,000 | Chair premium |
| Lead Independent Director fee | 30,000 | Applies to LID only |
Mr. Dozier’s 2024 director compensation:
| Component | Amount ($) |
|---|---|
| Fees Earned or Paid in Cash | 104,833 |
| Stock Awards | 28,640 |
| Option Awards (grant-date fair value) | 124,100 |
| Total | 257,573 |
Performance Compensation
- Equity awards to directors are granted “from time to time”; specific performance metrics or vesting schedules for director grants are not disclosed in the proxy .
- Equity mix and disclosure: | Item | Disclosed? | Source | |---|---|---| | Director stock award metrics (TSR, revenue, EBITDA, ESG) | Not disclosed | Directors may receive equity; no performance metric disclosure | | Grant dates/units for director equity | Not disclosed | Only grant-date fair values reported |
Other Directorships & Interlocks
| Company | Role | Interlock/Conflict |
|---|---|---|
| None | — | Mr. Dozier serves on no other public company boards per UHG proxy |
Expertise & Qualifications
- Banking and financial services leadership across regional and wholesale institutions; business development and operations expertise .
- Deep South Carolina business community connections; USC governance experience; relevant for nomination processes and stakeholder engagement .
- Committee breadth (Audit, Compensation, Nominating, RPT) indicates broad governance capability and board effectiveness .
Equity Ownership
| Holder | Class A Shares Beneficially Owned | % of Class A | Class B Shares Beneficially Owned | % of Class B |
|---|---|---|---|---|
| Robert Dozier | 107,271 | * (<1%) | — | — |
- Less than 1%
Policy highlights:
- Hedging and pledging of company securities prohibited for directors .
- Beneficial ownership calculations follow SEC rules including exercisable securities within 60 days .
Governance Assessment
-
Strengths:
- Independent director with extensive financial services experience; chairs Nominating & Governance and serves on Audit and Compensation, supporting board effectiveness and oversight .
- Board-wide attendance met at least 75%; Audit and Compensation held regular meetings; Nominating conducted actions via unanimous written consent—evidence of active governance cadence .
- Compensation Committee independence affirmed; no interlocks or insider participation among committee members, enhancing pay governance .
- Participation on Related Party Transactions Committee provides structural oversight of transactions involving the controlling shareholder, a critical investor safeguard in a controlled company .
-
Risks/RED FLAGS and mitigants:
- Controlled company status concentrates voting power with Executive Chairman Michael Nieri (majority voting control), which can dampen minority shareholder influence; board states it does not currently rely on controlled company exemptions, partially mitigating governance risk .
- Extensive related-party transactions with Nieri-affiliated entities (engineering services, lot purchases, leases, services, and contracting) present potential conflicts; the dedicated RPT Committee (including Dozier) and formal policies provide oversight, but the breadth of related-party dealings remains a structural red flag that investors should monitor .
- Nominating Committee had no physical meetings in 2024 (actions by unanimous written consent); while procedurally valid, investors may prefer visible meeting activity in a controlled context; Dozier’s chair role suggests accountability for nomination processes .
Overall signal: Dozier’s independence, multi-committee roles, and financial sector leadership are positives for governance robustness. The controlled company environment and pervasive related-party transactions increase the importance of his chairmanship of Nominating and membership on the RPT and Audit Committees for maintaining investor confidence .