Kaufman & Broad CEO and Mayor Richard Riordan to Speak about Hiring and Retaining Top Employees in a Tight Labor Market at JVS Third Annual Strictly Business Lunch

May 9, 2000 (Los Angeles) – Kaufman and Broad Chairman and CEO Bruce Karatz will share strategies for hiring and retaining top employees in Los Angeles’ current tight labor market at the Third Annual JVS Strictly Business Lunch today from 11:30 a.m. to 1:30 p.m. at Hotel Le Meridien at Beverly Hills.

 

Karatz employs a unique combination of motivational activities to attract and retain nearly 4,000 employees working in six Western states. Kaufman and Broad Home Corporation, one of the nation’s largest homebuilders, posted 1999 revenues of $3.8 billion and built homes for more than 22,000 families in the U.S. and France.

Tickets are $75 per person. Limited seating is still available; for reservations call Karen at (323) 761-8888, ext. 102

The program at the Third Annual Strictly Business Lunch also features Mayor Richard Riordan, CNN’s Jim Moret as Master of Ceremonies, and Andrea Van de Kamp, West Coast chairman for Sotheby’s and chairman and CEO of the Performing Arts Center of Los Angeles County.

JVS’ Strictly Business series showcases the partnerships between JVS and the Los Angeles area business community. Each year, hundreds of large corporations, small businesses and non-profit organizations save valuable time and money by using JVS’ services to find the best qualified employees. In fact, each year JVS helps employers fill more than 1,000 positions. Because JVS provides award-winning training and career counseling to its clients, employers who hire JVS clients gain employes who are highly capable, motivated, reliable and eager to learn and succeed.

At this event, JVS will honor four Employees of the Year who have built, enhanced or changed their careers with the assistance of JVS. We will also honor a Corporate Citizen of the Year, Gap Inc., which hired 75 JVS clients in 1999.

Jewish Vocational Service is a non-profit, non-sectarian organization that helps people find work or redirect their careers, and helps businesses find qualified employees. JVS provides an array of career counseling, job search and employer consulting services from three offices in Los Angeles, West Hollywood and the San Fernando Valley. Founded in 1931, JVS now serves more than 6,000 people in greater Los Angeles each year. As an affiliated agency of The Jewish Federation, JVS receives funding from that organization, as well as from the United Way; government agencies, public and private foundations, private donors and corporate partners. For more information about JVS, visit www.jvsla.org.

For more information about Kaufman and Broad's communities, call 1-888-KB-HOMES or visit the Company's Web site at www.kbhome.com.

Kaufman and Broad Home Corporation is one of the largest homebuilders in the United States. Headquartered in Los Angeles, the Company has operating divisions in Arizona, California, Colorado, Nevada, New Mexico and Texas. Kaufman & Broad S.A., the Company’s majority owned subsidiary, is also one of the largest homebuilders in France.

For More Information Contact:
Kate Mulhearn
(310) 231-4015
kmulhearn@kbhome.com