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Dream Finders Homes DFH

US equityMarket cap rank #3358Residential Construction
$9.36 −$0.15 (-1.53%)
Market open · Oct 8, 10:00 am ET · After hours $9.50 0.00%
Open$9.35
Prev close$9.50
Day range$9.18 – $9.38
Volume33.6K
Market cap$846.96M
P/E (TTM)6.6
Dividend yield–
Founded2008
CEOMr. Patrick O. Zalupski
Employees1,911
HeadquartersJacksonville, United States of America
Websitewww.dreamfindershomes.com

Revenue per employee

$1.5M$2.0M$2.6M$3.1MDec '20Dec '22Dec '25

1,911 employees as of 2025/FY (+13.3% YoY). Revenue per employee is total revenue divided by headcount — a rough productivity gauge, not a per-worker pay figure.

Management team

Patrick O. Zalupski President, Chief Executive Officer and Co-Chairman of the Board
Age 45 · Total comp. $10,227,930.00 · As of 16 Jul 2026

Mr. Zalupski, is our President and Chief Executive Officer (CEO) and has served as Chairman of the Board of Directors since January 2021. He has served as the CEO of our primary operating subsidiary, Dream Finders Homes LLC (DFH LLC), since its formation in December 2008, and as the CEO and a member of the board of managers of DFH LLC since its formation in 2014. He is responsible for our overall operations and management and is heavily involved in the origination, underwriting and structuring of all land investment activities. Under Mr. Zalupski's leadership, we have grown from closing 27 homes in Jacksonville, Florida during our inaugural year in 2009 to establishing operations in markets across the Southeast, Mid-West and Mid-Atlantic regions of the United States, and have closed over 46,500 homes since our inception through the end of 2025. Prior to founding DFH LLC, Mr. Zalupski was a Financial Auditor for FedEx Corporation's Internal Audit Department in Memphis, Tennessee and worked in the real estate sales and construction industry as Managing Partner of Bay Street Condominiums, LLC from 2006 to 2008. He previously served on the investment committee of DF Capital Management, LLC, an investment manager focused on investments in land banks and land development joint ventures to deliver finished lots to us and other homebuilders for the construction of new homes. Mr. Zalupski currently serves as a member of the University of Florida's board of trustees. In September 2025, Mr. Zalupski further expanded his leadership in professional sports by becoming the majority owner, managing partner, and co-chair of the Tampa Bay Rays Major League Baseball franchise, as well as the principal owner of the Tampa Bay Rowdies professional soccer team; these roles are expected to provide opportunities in our new Tampa Bay market and other Florida communities, including expanding DFH's marketing footprint. Patrick Zalupski, President and Chief Executive Officer, serving as the other Co-Chairman of the Board.

L. Anabel Ray Senior Vice President and Chief Financial Officer
Age 44 · Total comp. $2,576,825.00 · As of 15 Apr 2026

Ms. Ramsay joined us in 2018, serving in the position of Vice President and Treasurer, and as a member of the Asset Management Committee. Ms. Ramsay was appointed to Interim CFO on October 6, 2021, and promoted to Senior Vice President and CFO on April 1, 2022. Ms. Ramsay has been responsible for balance sheet management, capital allocation, cash forecasting and overall supervision of our accounting, tax, treasury and investor relations functions, including overall management of our debt, compliance, and reporting for lenders, investors, sell-side analysts and shareholders. Prior to joining us, Ms. Ramsay served as the Vice President of Finance for the Americas region at Macquarie Group Limited, an Australian multinational independent investment bank and financial services company, from April 2016 to May 2018, overseeing financial and internal tax reporting for over 200 U.S. legal entities in the energy, capital and credit markets space and subsequently managing the financial audit process for Macquarie Group Limited's aircraft leasing business. Prior to joining Macquarie Group Limited, Ms. Ramsay served as the Corporate Accounting Manager at Fidelity National Financial, a provider of title insurance and settlement services to the real estate and mortgage industries, in the title insurance business from November 2014 to April 2016. Ms. Ramsay started her career at Aeroflex Incorporated, a former publicly listed aerospace and defense electronics manufacturer, where she worked from 2002 to 2014. Ms. Ramsay is an advisory member of the Florida Institute of CFOs, is a board member of Jet HomeLoans LP and is a member of Dream Finders' Investment Committee. Ms. Ramsay is a Certified Public Accountant and received a B.B.A in Accounting, Financial Economics and Economics from Lincoln Memorial University.

Leonard M. Sturm Independent Director
Age 71 · Total comp. $239,659.00 · As of 15 Apr 2026

Mr. Sturm, has served as a member of the Board of Directors since September 2022. Mr. Sturm retired at the end of 2014 as an audit partner in the New York office of KPMG LLP (KPMG) after a 37 year career conducting financial statement audits of primarily public companies and audits of internal controls under Section 404 of the Sarbanes-Oxley Act. He was a member of the New York audit leadership team for a number of years through 2012, and subsequently joined KPMG's department of professional practice, assuming certain national responsibilities for KPMG's quality review process until his retirement. Mr. Sturm also served as a member of KPMG's audit committee for three years. During his tenure at KPMG, Mr. Sturm authored the annual Metropolitan New York Regional Software Industry Outlook, which provided comprehensive industry analysis and benchmarking data. Mr. Sturm was also a founder and treasurer on the board of directors of LISTnet, was the chairman of the board of directors for the Long Island Software and Technology Incubator, served as the treasurer on the board of directors of Gold Coast Villas Association, served as a member on the board of directors of the Huntington Chamber of Commerce, and served on the board of directors of Esplanade Lake Club Homeowners Association, Inc. He also served as president of the New York Chapter of the Association of Government Accountants, was a member on the defense contractor committee of the American Institute of CPA's and co-authored the Government Contractors Industry Audit and Accounting Guide. Mr. Sturm currently serves as a member of the board of directors and chairman of the audit committee of Jolley Holding Aruba, which consists of numerous private companies that primarily operate in commercial real estate, car dealership, car rental, retail and wholesale businesses. In that capacity, Mr. Sturm assists in board oversight of the integrity of the financial statements, the monitoring and management of financial risks, the effectiveness of internal financial controls, compliance with regulatory requirements and the work of the independent auditors and the internal audit function.

Justin W. Udelhofen Independent Director
Age 46 · Total comp. $193,826.00 · As of 15 Apr 2026

Mr. Udelhofen, has served as a member of the Board of Directors since January 2021. He also served on the board of managers of DFH LLC from December 2014 to January 2021. Mr. Udelhofen has been a private investor since July 2020. He previously founded Durant Partners LLC in October 2016, an investment fund that focuses on small-to-mid-capitalization equities, and served as Principal until June 2020. He also served on the board of managers of Durant Partners LLC. Prior to founding Durant Partners LLC, Mr. Udelhofen worked from 2006 to April 2016 at Water Street Capital, a multi-billion-dollar private investment firm in Jacksonville, Florida. Prior to joining Water Street Capital, Mr. Udelhofen researched businesses at growth-oriented mutual fund, Fred Alger Management. Prior to his services at Fred Alger Management, Mr. Udelhofen worked at Needham & Company, where he provided strategic insights to publicly traded companies, several initial public offerings and secondary offerings.

Megha H. Parekh Independent Director
Age 41 · Total comp. $183,826.00 · As of 15 Apr 2026

Ms. Parekh, has served as a member of the Board of Directors since January 2021. In 2013, Ms. Parekh joined the Jacksonville Jaguars, a professional football franchise based in Jacksonville, Florida, as vice president and general counsel and, in 2016, was promoted to her current position as senior vice president and chief legal officer. Ms. Parekh manages the legal, technology, security, capital improvements and people development teams at the Jacksonville Jaguars. Since joining the Jacksonville Jaguars, Ms. Parekh has also worked on a number of other acquisitions and business ventures for Mr. Shad Khan, Jacksonville Jaguars' owner, including serving as chief legal officer for Iguana Investments Florida, LLC and chief legal officer for All Elite Wrestling, LLC. Prior to joining the Jacksonville Jaguars, Ms. Parekh worked in the New York office of the international law firm Proskauer Rose LLP where she practiced corporate law and worked on public and private acquisitions, and financings and securities offerings. Ms. Parekh currently serves on the board of directors of the Jacksonville Jaguars Foundation, Inc. and the Florida Sports Foundation, Inc., and on the board of managers of the Black News Channel, an American broadcast television news channel based in Tallahassee, Florida targeting the African American demographic.

William W. Weatherford Independent Director
Age 46 · Total comp. $172,307.00 · As of 15 Apr 2026

Mr. Weatherford, brings more than two decades of governance, financial and risk management expertise to the Company's Board. He currently serves as Chairman of the University of South Florida's Board of Trustees, and also recently served as Co-Chairman of the Host Committee for Super Bowl LV in Tampa, Florida. In addition to chairing the board at the University of South Florida, Mr. Weatherford currently serves on the boards of Kitson & Partners, PayIt, Utility, Inc., and The American Enterprise Institute. Mr. Weatherford is the managing partner of Weatherford Capital. Prior to the founding of Weatherford Capital, Mr. Weatherford made history when he was sworn in as the 84th Speaker of the Florida House of Representatives in 2012, becoming the youngest presiding officer of any state legislative chamber in the United States at the time. He served in the Florida Legislature from 2006 until 2014 and used his position as Speaker to advocate for social mobility through free enterprise and education reform. Following his time in office, he founded Weatherford Capital with his brothers Drew and Sam to build and invest in world-class businesses that positively impact the world. Beyond Weatherford Capital, he has continued to serve his community by working to improve Florida's business and educational climate. Mr. Weatherford serves on several additional boards, including GuideWell and The Florida Council of 100, among others. Mr. Weatherford also has previous public company board experience from his directorships with Sunshine Bancorp, Inc. from 2015 to 2018 and Mallard Acquisition Corp. from 2020 to 2022. Mr. Weatherford earned his B.S. degree in International Business from the Davis College of Business at Jacksonville University, where he was recruited to play football.

Richard Beckwitt Co-Chairman of the Board
Age 67 · As of 16 Jul 2026

On July 13, 2026, the Board of Directors of Dream Finders Homes, Inc. expanded the number of directors from five to seven members and appointed Richard Beckwitt to serve as directors on the Board, effective immediately. Mr. Beckwitt, age 67, is a seasoned executive with decades of experience leading, operating and managing two of the largest public homebuilding companies in the U.S. Most recently, he served as Co-Chief Executive Officer and Co-President of Lennar Corporation (Lennar) before retiring in September 2023. During his tenure at Lennar, Mr. Beckwitt held numerous executive leadership positions, including Executive Vice President, President and Chief Executive Officer, and also served on the board of Lennar as a management director from April 2018 to September 2023. Prior to joining Lennar in March 2026, Mr. Beckwitt served in various executive and operating roles at D.R. Horton, Inc., including President. Earlier in his career, he worked in corporate finance and mergers and acquisitions at Lehman Brothers and later founded EVP Capital, L.P., a venture capital and real estate advisory firm. Mr. Beckwitt currently serves on the boards of Eagle Materials Inc., since September 2014, Ferguson Enterprises Inc., since June 2024, and Weyerhaeuser Company, since November 2025.

Steven J. Fischer Independent Director
Age 56 · As of 16 Jul 2026

On July 13, 2026, the Board of Directors of Dream Finders Homes, Inc. expanded the number of directors from five to seven members and appointed Steven Fischer to serve as directors on the Board, effective immediately. Mr. Fischer, age 56, brings more than thirty years of executive leadership experience in banking, finance and public accounting to the Board of Directors. He is currently the President of The Pitney Bowes Bank, Inc. (Pitney Bowes Bank), a subsidiary of Pitney Bowes Inc. and director, which he was appointed to in February 2026. Prior to joining Pitney Bowes Bank, he served as the President and Chief Executive Officer of TIAA Bank until August 2023 and held numerous executive leadership roles, including President and Chief Operating Officer, and Chief Financial Officer, and, following its sale and transition to private ownership, served as Vice Chair through December 2023. Prior to that, Mr. Fischer served as Chief Financial Officer of EverBank Financial Corp. (EverBank), from April 2011 through its sale to TIAA Bank in June 2017. Before joining EverBank, Mr. Fischer spent more than 18 years with Deloitte & Touche LLP, ultimately serving as a Partner for a variety of clients including several Fortune 100 entities, as well as mid-sized banks and mortgage companies. Mr. Fischer currently serves as a member of the board of Pitney Bowes Bank and previously served as a member of the board of TIAA Bank.

Clinton Szubinski Chief Operating Officer
Age 50 · As of 4 Jun 2026

On June 1, 2026, Dream Finders Homes, Inc. announced the appointment of Clint Szubinski as the Chief Operating Officer (COO) of the Company, effective immediately. Prior to his appointment to COO, Mr. Szubinski, age 50, served as the Company's National Senior Vice President since May 2026. Before joining the Company, Mr. Szubinski held a number of senior leadership positions with U.S. public homebuilders. Most recently, he served as Chief Operating Officer and Executive Vice President of Meritage Homes Corporation from January 2021 to May 2025, and as East Region President of Meritage Homes Corporation from 2018 to 2020. Mr. Szubinski also served in senior management roles at K. Hovnanian and CalAtlantic. Earlier in his career, Mr. Szubinski served as Florida Region President and Orlando Division President at Meritage Homes Corporation, and as Gulf Coast Division President at KB Home. He began his homebuilding career with Centex, working in land acquisition and entitlement. He holds degrees in political science, business administration and law from Louisiana State University.

From SEC filings, via Futu. Compensation is total reported pay for the most recent fiscal year on file, not base salary alone.

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