Homebuilder, KB Home, has elected Barbara Alexander to its board of directors. She also will serve on the board's audit and compliance committee.

Her appointment brings the total number of directors to 10, nine of which are independent.

Alexander has been an independent consultant since January 2004. Prior to that, she was a senior advisor to UBS Warburg and predecessor firms from October 1999 to January 2004, as well as managing director of the North American Construction and Furnishings Group in the Corporate Finance Department of UBS from 1992 to October 1999.