Taylor Morrison hires new CFO

Taylor Morrison, the nation’s largest private home builder, has hired former JetBlue Airways Chief Financial Officer Ed Barnes to serve in the same capacity.

Barnes brings with him a wealth of experience managing the day-to-day financial leadership of companies in diverse market sectors, including transportation, retail, software, healthcare and financial services. He served as JetBlue Airways’ executive vice president and chief financial officer for four years, overseeing the company’s $4.5 billion financial operations.

Taylor Morrison CEO and President Sheryl Palmer said Barnes’ experience and fiscal responsibility complements the current leadership team in place at Taylor Morrison. Palmer said the company is looking forward to drawing on Barnes’ financial background as it continues to expand amid a resurgent housing market.

“Ed provides us with the hands-on financial management experience that will be a driving force and valuable asset as we look to the future and continue to grow,” Palmer said.

Barnes served as vice president for Phoenix-based JDA Software, Inc prior to JetBlue. He has also held executive positions with Assisted Living Concepts Inc., Pegasus Solutions and America West Holdings Corporation.

“I’m very much looking forward to joining the Taylor Morrison team,” Barnes said. “It’s a new opportunity and a market sector that shows tremendous promise as we move forward.”

Steve Wethor, who had served as interim chief financial officer, will return to his role as regional president of the West.