People: D.R. Horton, Inc. (DHI)

DHI on New York Consolidated

25.75USD
24 May 2013
Price Change (% chg)

$-0.26 (-1.00%)
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$26.01
Open
$25.88
Day's High
$25.88
Day's Low
$25.33
Volume
4,470,135
Avg. Vol
5,582,236
52-wk High
$27.75
52-wk Low
$14.37

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Summary

Name Age Since Current Position

Donald Horton

62 1998 Executive Chairman of the Board

Donald Tomnitz

64 2000 Vice Chairman of the Board, President, Chief Executive Officer

Bill Wheat

46 2011 Chief Financial Officer, Executive Vice President

Stacey Dwyer

46 2003 Executive Vice President, Treasurer

Bradley Anderson

51 1998 Independent Director

Michael Buchanan

65 2003 Independent Director

Michael Hewatt

63 2005 Independent Director

Bobby Scott

74 2007 Independent Director

Jessica Hansen

Vice President - Communications & Investor Relations

Biographies

Name Description

Donald Horton

Mr. Donald R. Horton is Executive Chairman of the Board of D.R. Horton, Inc. Mr. Horton has been executive Chairman of the Board of D.R. Horton since it was formed in July 1991, and he was President and CEO from July 1991 until November 1998. He has been involved in the real estate and homebuilding industries since 1972, and he was the founder, sole or principal stockholder, director and president of each of D.R. Horton’s predecessor companies since their respective organization, which date from 1978 to 1990.

Donald Tomnitz

Mr. Donald J. Tomnitz is Vice Chairman of the Board, President, Chief Executive Officer of D.R. Horton, Inc. He was a Vice President in charge of various divisions of D.R. Horton from 1983 until he was elected Vice President – Western Region of D.R. Horton in August 1994. From July 1996 until November 1998, Mr. Tomnitz was President of D.R. Horton’s Homebuilding Division; in January 1998 he was elected an Executive Vice President of D.R. Horton; in November 1998 he was elected Vice Chairman and Chief Executive Officer of D.R. Horton; and in March 2000, he became President as well. Mr. Tomnitz previously was a Captain in the U.S. Army, a Vice President of RepublicBank Dallas, N.A., and a Vice President of Crow Development Company, a Trammell Crow company.

Bill Wheat

Mr. Bill W. Wheat is Chief Financial Officer, Executive Vice President of D.R. Horton, Inc. Mr. Wheat was a Senior Vice President and Controller from 2000 until 2003. From 1998 until 2000, Mr. Wheat was an Accounting Manager with the Company. From 1991 to 1998, Mr. Wheat held financial and accounting positions with The Bombay Company. Prior to 1991, Mr. Wheat was an auditor with Price Waterhouse LLP (currently PricewaterhouseCoopers LLP). Mr. Wheat also served as a member of the Board of Directors of the Company from October 2003 to January 2011.

Stacey Dwyer

Ms. Stacey H. Dwyer is Executive Vice President, Treasurer of D.R. Horton, Inc. From 1991 to 2000, Ms. Dwyer was an Assistant Vice President and Assistant Secretary with the Company in progressing roles in accounting, treasury, mergers and acquisitions and investor relations. Prior to 1991, Ms. Dwyer was an auditor with Ernst & Young LLP.

Bradley Anderson

Mr. Bradley S. Anderson is Independent Director of D.R. Horton, Inc. Mr. Anderson has been an Executive Vice President of CBRE Group, Inc., formerly CB Richard Ellis, Inc., an international real estate brokerage company, since 2009, and he has held various positions in Phoenix, Arizona with its predecessor, CB Commercial Real Estate Group, Inc., since January 1987. He served as Interim Chairman of the Board of Continental Homes Holding Corp. from October 1997 through April 1998, when it merged into D.R. Horton, and he became a director of D.R. Horton at that time. Mr. Anderson has been a member of both the Audit and Compensation Committees since 1998 and he has been a member of the Nominating and Governance Committee since November 2003.

Michael Buchanan

Mr. Michael R. Buchanan is Independent Director of D.R. Horton, Inc. Mr. Buchanan has commercial banking experience with several banking institutions serving the real estate and homebuilding sectors. He retired from commercial banking in March 2002. From March 2002 to March 2003, Mr. Buchanan was engaged as a senior advisor to Banc of America Securities. From 1998 to March 2002, Mr. Buchanan was a Managing Director of Bank of America, an executive officer position in which he was head of its national real estate banking group. From 1990 to 1998, Mr. Buchanan was an Executive Vice President of NationsBank, which later merged with Bank of America. Mr. Buchanan is also a member of the board of directors, and member of the capital committee and the nominating and governance committee of Piedmont Office Realty Trust, Inc., a real estate investment trust publicly-traded on the NYSE. Mr. Buchanan was appointed to Board’s Audit Committee in July 2003, Nominating and Governance Committee in November 2003 and Compensation Committee in January 2004.

Michael Hewatt

Mr. Michael W. Hewatt is Independent Director of D.R. Horton, Inc. Mr. Hewatt is a certified public accountant performing auditing and tax services as a sole practitioner. He has worked for Hewatt & Associates or its predecessor firms since 1980. From 1971 to 1979, Mr. Hewatt worked in the tax and audit areas at Coopers & Lybrand (currently PricewaterhouseCoopers LLP) and was an audit manager for five years during that period. Mr. Hewatt is a member of the American Institute of Certified Public Accountants, former member of the board of directors of the Texas Society of Certified Public Accountants and former President of the Texas Society of Certified Public Accountants – Fort Worth Chapter. Mr. Hewatt has been a director of D.R. Horton since 2005 and has been a member of the Audit, Compensation and Nominating and Governance Committees since that time.

Bobby Scott

Mr. Bobby G. Scott is Independent Director of D.R. Horton, Inc. Mr. Scott has served as a director, secretary and treasurer of Liberty Bancshares, Inc., a privately-held bank in Fort Worth, Texas, since 2007. Mr. Scott is retired from his position as chief financial officer and chief operating officer of Summit Bancshares, Inc., a NASDAQ listed company. He was with Summit Bancshares from 1994 to 2006. Mr. Scott was an insurance consultant for Alexander & Alexander from 1992 to 1994. From 1972 to 1992, he was the controller and treasurer of Texas American Bancshares / Texas American Bank, an NYSE listed company. Mr. Scott was an auditor at Ernst & Ernst (currently Ernst & Young LLP) from 1969 to 1972. Mr. Scott previously was a Captain in the U.S. Air Force. Mr. Scott has been a director of D.R. Horton since 2007 and has been a member of the Audit, Compensation and Nominating and Governance Committees since that time.

Jessica Hansen

Basic Compensation

Name Fiscal Year Total

Donald Horton

6,005,470

Donald Tomnitz

5,279,710

Bill Wheat

757,594

Stacey Dwyer

754,900

Bradley Anderson

--

Michael Buchanan

--

Michael Hewatt

--

Bobby Scott

--

Jessica Hansen

--
As Of 29 Sep 2012

Options Compensation

Name Options Value

Donald Horton

683,333 4,162,720

Donald Tomnitz

1,585,404 20,685,450

Bill Wheat

288,588 2,969,656

Stacey Dwyer

359,851 5,430,501

Bradley Anderson

0 0

Michael Buchanan

0 0

Michael Hewatt

0 0

Bobby Scott

0 0

Jessica Hansen

0 0
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