On January 7, 2016, Meritage Homes CORP announced that Larry W. Seay, Executive Vice President and Chief Financial Officer will retire on March 31, 2016. Mr. Seay will be succeeded by Hilla Sferruzza, current Senior Vice President and Chief Accounting Officer, effective April 1, 2016. Seay joined the company as chief financial officer in April 1996 and has served continuously in that role for the last twenty years.

Sferruzza joined the company in 2006 to be corporate controller in charge of the company's accounting and financial reporting functions. She was named chief accounting officer in 2010 and senior vice president in 2013.