Standard Pacific Homes' CEO Ken Campbell has announced that he is resigning his job and his board of directors position effective January, saying that a former chief of the firm's Orange County division will be his successor.
Standard Pacific reported a net loss in the 2011 second quarter of $10.5 million on homebuilding revenues of $204.3 million compared to net income of $10.7 million on homebuilding revenues of $317.2 million in the 2010 second quarter.