Features

Miek Harbur – The New Home Co.

GC builds success piece by piece

Larry Webb took a gamble when he hired the first in-house counsel for New Home Co., but then he’d already started a residential construction company in 2009 at the height of the Great Recession and that was paying off.

So, in 2015, on the advice of Chief Financial Officer John Stephens, hired after New Home went public in 2014, Webb agreed it was time for legal operations to come in-house.

Miek Harbur – The New Home Co.

Miek Harbur | General Counsel and Secretary | The New Home Co.

In January 2016, Miek Harbur was named general counsel and corporate secretary, bringing with her the corporate and securities experience needed to oversee legal affairs and reporting for the publicly held company.

“It’s a testament to Larry Webb, who put his faith in me when others might have passed, because I was only 29,” Harbur says. “That’s young for a general counsel, but this company has an entrepreneurial spirit and they’ve taken time to invest in women.”

Though Harbur may have initially been hired primarily to handle New Home’s U.S. Securities and Exchange Commission reporting and corporate governance, she’s got an entrepreneurial spirit of her own. Taking thoughtful and deliberate steps, she’s expanded her role to oversee legal and risk management within the organization—and become a trusted advisor.

“From the minute I met Miek, I knew she was a perfect fit for the New Home Co.,” say Webb, now the executive chairman. “She combines a brilliant mind with an incredible alignment to our company values.”

Getting covered

Harbur joined a company that designs, builds and sells homes in Southern California, the San Francisco Bay Area, metropolitan Sacramento and greater Phoenix.

Despite any perceptions about her relative youth, Harbur was ready for her opportunity to grow into the role.

Miek Harbur – The New Home Co.

“I think one of the major things that drew Larry and John was they could tell I was driven and thoughtful,” Harbur says. “I also had a very broad range of experience for a corporate lawyer including mergers and acquisitions, securities and corporate governance, and joint venture formations.”

While her first area of focus was to streamline New Home’s approach to board governance and SEC filings, she quickly realized that developing a meaningful risk management program was critically important for the organization.

“She is so thoughtful in how she goes about her business and it has been an absolute pleasure to work with her and watch her grow,” Stephens says. “She has a positive, can-do attitude that has earned the respect of the entire senior management team as well as the board.”

Miek Harbur – The New Home Co.

Early in her tenure, the company faced a complicated claim where the breadth of insurance coverage was a key issue. Harbur was able to call on Newmeyer & Dillion LLP, who represent homebuilders in insurance coverage disputes. With Newmeyer’s help, the company structured a creative settlement with its carriers and the plaintiffs. The claim opened Harbur’s eyes to the need for a comprehensive approach to risk management and she’s since built a risk department that oversees claims, insurance and safety.

“There are several key considerations, agreements and procedures that need to take place to ensure that what is actually happening in the field is covered by the insurance you pay for,” Harbur explains.

Value-added expertise

So with help again from Newmeyer & Dillion, Harbur not only learned how to understand and negotiate the proper insurance for New Home’s projects, she also analyzed claims the company had faced and created a practical and comprehensive approach to risk management, including operational trainings.

This makes her a key advisor to New Home’s land committee in underwriting its real estate transactions. In one case, she negotiated to meaningfully increase insurance coverage for a fee building transaction which ended up protecting the company from undue construction exposure for prior completed operations in that community.

Miek Harbur – The New Home Co.

“On a typical day, I will handle everything from answering a governance question from a board member, reviewing a trade contract, working on a joint venture buyout, interpreting a credit agreement covenant, analyzing a disclosure obligation with our CFO and fielding an employment issue from our people department,” Harbur explains. “I’m engaged with all facets of our business. I love it.”

Though COVID-19 shook the residential construction industry at first, New Home was part of an essential industry that did not shut down in response to the pandemic.

Harbur led New Home’s early response to the pandemic, including analyzing often conflicting local and state regulations and creating policies for social distancing, sanitizing and wellness questionnaires soon after the World Health Organization’s designation of a global pandemic.

“Miek played a critical role in helping New Home navigate this uncertain time,” says CEO Leonard Miller. “She combined legal analysis with her knowledge of our business to craft practical guidance for our team members. She is a big-picture thinker while equally able to get the details right.”

Inclusive approach

Despite this being a male-dominated industry, Harbur notes that many of New Home’s officers are women and she says Chief Marketing Officer Joan Marcus Webb has been a welcome executive voice for perspectives.

Webb founded an annual Women’s Leadership Conference in 2015 that New Home sponsors in partnership with the Building Industry Association’s Orange County, California, chapter to foster opportunities and growth for women leaders in the industry.

Miek Harbur – The New Home Co.

©Robert Gallagher/dbphotoagency

The encouragement and growth Harbur enjoys at New Home have not always been part of her professional life, she adds.

“I’ve found that there still aren’t many women in corporate law,” she says. “When you’re often the only woman in the room, you do feel like you have to work a little harder to prove yourself.”

Born in Belgium, Harbur moved with her family to the United States when she was an infant. Intrigued by how the mind motivates people, she earned her bachelor’s degree in psychology at Emory University in 2008.

She also found a way to incorporate those interests in law, because negotiations can be as much about reading the people across the table as the legalities, Harbur says. She earned her JD at UCLA School of Law in 2011. Shortly after graduation she became a corporate associate at the firm of Gibson, Dunn & Crutcher.

Miek Harbur – The New Home Co.

While there, Harbur worked on an array of transactional matters, including helping companies go public and sell their businesses, which often required her to learn new subjects in a short time frame. As much as she enjoyed her time as an associate at Gibson Dunn, she wouldn’t trade it for her current role.

“Larry Webb often says that homebuilding is a noble business. We help people build better lives and I have the honor of supporting the people who build that dream for our homebuyers,” Harbur says. “The best part of being in-house is the in-depth knowledge you build about your one and only client. You are able to use your legal knowledge to improve the business as well as manage its risk at an enterprise level, and you are there to appreciate the results. It’s so gratifying.”

Published on: December 21, 2020

regions:

categories:

Showcase your feature on your website with a custom “As Featured in Vanguard” badge that links directly to your article!

Copy and paste this script into your page coding (ideally right before the closing tag) where you want to display our review banner.

Testimonials

As promised in advance, my feature in Vanguard has increased my visibility within the profession and prompted more than a few people I have not communicated with recently to reconnect. One of the Italian law firms I have used in the past is now in the process of interviewing me for an article on their website and tweeting out the feature story. Activity and the number of people connecting with me on LinkedIn has soared, which is great. The Vanguard writers and editorial staff were great to work with—highly professional and made the effort to make the experience both fun and rewarding (they were also respectful of the time pressures and demands all lawyers face). I was very pleased with the experience and the final outcome. Needless to say, I have been very pleased. All in all working with Vanguard has been a very positive experience which generated good publicity for both Shawcor and myself. My sincere thanks.
– Tim Hutzul, General Counsel, ShawCor Ltd.
It was a great honor to be featured in Vanguard Law. Working with every member of the team, from the initial interview with Erin Clark, through production with Victor Martins, writing the article with Taryn Plumb and creating the final content with Dave Gushee, was a true pleasure. Everyone was very professional, enthusiastic and supportive, and their creative approach and positive attitude clearly came through in the final product.
– Kevin C. Rakowski, Senior Vice President, Deputy General Counsel, Compliance with Radian Group Inc.
I was honored to be the subject of an article. I enjoy reading Vanguard articles and seeing how other attorneys got to their positions and see their jobs. It's also interesting to see how different law firms partner with the subjects of the articles.
– Henry Marquard, in-house counsel, Stanley Consultants Inc.
The piece highlighting my company, Bob Baker Enterprises, Inc., came out fabulous. Our company is in the new and used car sales and service industry. Everyone was great to work with and extremely professional. They produced a high-quality product and have provided expert assistance and guidance post-production of the article.
– Wade Poulson, General Counsel, Bob Baker Enterprises Inc.

LATEST EDITION

Spring II 2021

READ NOW

GET VANGUARD IN YOUR INBOX.

  • * We’ll never share your email or info with anyone.
  • This field is for validation purposes and should be left unchanged.