Kile Morgan, Jr., was born and raised in National City, San Diego County, California. He attended the University of Colorado and received degrees in Civil Engineering and Business Administration. While working full time for Pacific Gas and Electric, he attended the University of Santa Clara and received a Masters of Business Administration.

Mr. Morgan has worked in the residential real estate industry for more than 30 years. Prior to joining Ponderosa Homes, he was the Marketing Manager at Broadmoor Homes Northern California Division. He came to Ponderosa in 1980 as General Manager for the San Ramon Division and in 1983 was named Regional General Manager for all of Northern California.

In 1985 Mr. Morgan successfully led a leveraged buyout of the assets of Ponderosa Homes in Northern California. From 1985 to 1998 he served as President and Chief Executive Officer of Ponderosa Homes, Inc., during which time the company built, sold and closed more than 3,500 homes throughout the Bay Area.

Mr. Morgan is currently Chairman of the Board and the majority shareholder of Ponderosa Homes II, Inc. Under his tutelage, the company continues to be a leader in the homebuilding industry in Northern California and has recently opened a branch office in Palm Desert, California.

Beyond his leadership at Ponderosa Homes, Mr. Morgan is past Chairman of the Home Builders Association of Northern California, has served on the Board of Directors for the California Building Industry Association and is a founding member of the Home Ownership Advancement Foundation, which directs statewide legislative change related to the home building industry.

Mr. Morgan was inducted into the Home Builders Hall of Fame in 1998 for his service to the industry and the outstanding performance of the organization he has led. He is a licensed real estate broker and has a general contractor's license in the State of California.