Chief Financial Officer & Executive Vice President, Meritage Homes
Search every verified Hilla Sferruzza interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a September 2020 interview, Sferruzza stated that she did not believe the economic recovery would be a "sharp V" or that conditions would quickly return to her initial budget. She noted that the "downside models" the company had modeled in March had proven more pessimistic than the actual outcome, and that Meritage Homes had continued operating under a modified model after being deemed an essential service during the pandemic lockdown. She added that the company's results were improving. In December 2019, Sferruzza was named the FEI Arizona CFO of the Year. In remarks about her work, she said she "fundamentally believe[s]" in what she does and expressed satisfaction from being affiliated with a home builder, particularly in serving the entry-level market and seeing Millennials enter their first new homes.
“I don't think anyone is intimating, myself included, that this is a sharp V recovery or that by summertime it's gonna feel exactly like my initial budget that I submitted to the board in January.”
“The downside models that we were originally modeling back half of March we've seen reality much more stable than that.”
“There was a downside scenario where we assumed zero homes were sold during the month of April and maybe even May because we didn't know that we would be considered an essential service at that time.”
“We were deemed an essential service so we continued to operate in a modified model of course during the entire quarantine lockdown period.”
FEI Arizona is pleased to announce this year's Sponsors CFO of the Year winner is Hilla Sferruzza, Vice President and CFO for ...
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