Toll Brothers Announces Co-Founder Robert I. Toll to Transition to Chairman Emeritus Role
January 27, 2022 at 04:15 pm EST
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Toll Brothers, Inc. announced that co-founder Robert I. Toll has chosen not to stand for re-election to the Board of Directors at the Company's March 8, 2022 meeting of stockholders. He will continue to serve the Company as Chairman Emeritus and, in that role, will be invited to attend board meetings and continue to provide support and advice to the Company.
Toll Brothers, Inc. is a builder of luxury homes. The Company designs, builds, markets, sells and arranges financing for an array of luxury residential single-family detached home, attached home, master-planned, and urban low-, mid-, and high-rise communities. The Company operates its own architectural, engineering, mortgage, title, land development, insurance, smart home technology and landscaping subsidiaries. It also develops master-planned and golf course communities as well as operate, in certain regions, its own lumber distribution, house component assembly and manufacturing operations. The Company also caters to urban and suburban renters under the brand names Toll Brothers Apartment Living and Toll Brothers Campus Living. It designs, builds, markets, and sells high-density, high-rise urban luxury condominiums with third-party joint venture partners through Toll Brothers City Living (City Living). The Company operates in approximately 24 states and in the District of Columbia.