Who Is Stuart A. Miller?

Stuart A. Miller is the Executive Chairman of Lennar Corporation and a member of its board of directors. He is co-chair of the Miami Dolphins Foundation, an organization devoted to providing education, health, youth athletic programs, and volunteer activities to communities throughout Florida.

Early Life and Education

Stuart Miller was born on Aug. 8, 1957. He earned a bachelor's degree from Harvard University in 1979 and a law degree from the University of Miami in 1982. After completing his education, Stuart joined Lennar Corporation, where he remains today and serves as Executive Chairman and member of the board of directors.

Lennar Corporation

Lennar Corporation was founded in 1954 and is headquartered in Miami, Florida. The name "Lennar" is a portmanteau of the first names of the founders of the company, Leonard Miller and Arnold Rosen. The company is a member of the Fortune 500 and builds residential homes and develops commercial properties across the U.S. Lennar operates in 20 states including California, Florida, Texas, and New Jersey. Lennar also owns financial services companies that provide mortgage, title insurance, and closing services. Its 2018 merger with CalAtlantic Group made Lennar the largest homebuilder in the United States and 2021, Lennar Corporation generated $27.1 billion in revenue.

Stuart Miller joined Lennar Corporation in 1982 after graduating from law school. He served as president of the company's homebuilding and commercial properties division from 1991 to 1997 when he was named chief executive officer.

As CEO, Miller guided Lennar through the acquisition of numerous small home building companies, doubling Lennar's size. He oversaw Lennar’s spin-off of its commercial real-estate business, LNR Property Corporation, into a separately-listed company. When the San Francisco Bay area housing market crashed in the 1990s, Lennar seized the opportunity to acquire properties at a reduced price. "We respond to opportunities," Miller said in an interview with Marilyn Alva of Investor's Business Daily. "We recognize that market trends do change."

As a leader in new home construction and sales, Stuart Miller led Lennar into residential services like high-speed Internet access, cable television, and alarm installation and monitoring services. Miller understood that diversification would provide homeowners with a complete service platform.

In 2018, Stuart Miller stepped down as CEO and became executive chair.

The Bottom Line

For nearly four decades, Stuart A. Miller has held leadership positions with Lennar Corporation, a company co-founded by his father in 1954. Miller led the home building company to venture into areas such as commercial property development and homeowner services. As of 2022, he serves as a member of the board of directors and as Executive Chairman of the company.