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| Robert L. Johnson joins KB Home board of directors KB Home, one of America's largest homebuilders, announced that Robert L. Johnson was unanimously elected to the company's board of directors, bringing the total number of directors to 11, of which 10 are independent. Mr. Johnson is founder and chairman of The RLJ Companies, a business network that owns or holds interests in a diverse portfolio of companies in the financial services, real estate, hospitality/restaurant, professional sports, film production, gaming and recording industries. Mr. Johnson is also the majority owner of the Charlotte Bobcats, the National Basketball Association's (NBA) franchise located in Charlotte, North Carolina. In acquiring the Bobcats, Mr. Johnson became the first African-American majority owner of a major professional sports franchise. Prior to forming The RLJ Companies, Mr. Johnson was founder and chief executive officer of Black Entertainment Television (BET), the first African American-owned company publicly traded on the New York Stock Exchange, which was acquired by Viacom Inc. in 2001. Mr. Johnson continued to serve as chief executive officer of BET until 2006. Before founding BET in 1979, Mr. Johnson served as vice president of government relations for the National Cable & Telecommunications Association, a trade association representing more than 1,500 cable television companies. Mr. Johnson serves on the Lowe's Companies, Inc. board of directors, the IMG Worldwide, Inc. board of directors, the Strayer Education, Inc. board of directors, the NBA Board of Governors, The Johns Hopkins University board of trustees, the Deutsche Bank Advisory Committee, the Wal-Mart Diversity Committee, and The Business Council. He previously served on the board of directors for US Airways, Hilton Hotels Corporation, General Mills, United Negro College Fund, and the National Cable Television Association, and on the board of trustees for the American Film Institute. write your comments about the article :: © 2008 Construction News :: home page |