HousingWireHousingWire
South Carolina-based homebuilder Mungo Homes announced Monday that Geoff Shiley has assumed the role of CEO. Shiley succeeds longtime CEO Steven Mungo, who will move into the role of executive chairman for the company.
Shiley, who has been with Mungo Homes for nearly 20 years, most recently held the titles of president and chief operations officer. In these roles, he oversaw the acquisitions of Shugart Homes in 2019 and CraftMaster Homes in 2021. Before that, he served in roles that included builder, production manager, sales manager, division president and regional division president.
“It’s an honor to step into the role of CEO,” Shiley said in a statement. “I am deeply committed to carrying on the legacy that Steven and his family have built over the past 71 years. I have seen Steven embody the philosophy that family and faith come before work, and his focus on taking care of one another extends to every employee, homebuyer, and partner. I look forward to his continued guidance as Executive Chairman as we forge new paths of growth and innovation.”
Mungo joined his family’s business in 1981 after graduating from Wofford College. Under his leadership, he expanded the company to more than 550 employees in 10 markets across the Southeast, selling more than 3,800 homes annually with revenues exceeding $1.4 billion. Mungo also became one of South Carolina’s first master builders and was the youngest inductee into the South Carolina Housing Hall of Fame.
“It has been one of my life’s greatest honors to lead Mungo Homes and work alongside such an extraordinarily dedicated team,” Mungo said. “As I transition to the role of Executive Chairman, I remain committed to supporting Geoff, the executive team, and the company’s strategic direction.
“This is an exciting new chapter for Mungo Homes, and I have complete confidence in Geoff’s proven leadership and our team’s ability to continue building on our strong foundation. I look forward to seeing the company thrive and grow in the years ahead.”
