People: Toll Brothers Inc (TOL)

TOL on New York Consolidated

32.16USD
30 Oct 2014
Price Change (% chg)

$0.19 (+0.59%)
Prev Close
$31.97
Open
$31.89
Day's High
$32.28
Day's Low
$31.51
Volume
1,675,121
Avg. Vol
2,270,490
52-wk High
$39.95
52-wk Low
$28.92

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Summary

Name Age Since Current Position

Robert Toll

73 2010 Executive Chairman of the Board

Richard Hartman

56 2013 President, Chief Operating Officer

Douglas Yearley

53 2010 Chief Executive Officer, Director

Bruce Toll

70 1998 Vice Chairman of the Board

Martin Connor

48 2010 Senior Vice President, Chief Financial Officer, Treasurer

N.Frederick Cooper

Senior Vice President

Edward Boehne

73 2011 Lead Independent Director

Robert Blank

73 1986 Independent Director

Richard Braemer

72 1986 Independent Director

Christine Garvey

68 2009 Independent Director

Carl Marbach

72 1991 Independent Director

Stephen Novick

73 2003 Independent Director

Paul Shapiro

72 1993 Independent Director

Biographies

Name Description

Robert Toll

Mr. Robert I. Toll is Executive Chairman of the Board of Toll Brothers, Inc. He has been a member of our Board since our inception in May 1986. He served as our Chief Executive Officer and Chairman of the Board from our inception until June 2010 when he assumed the new position of Executive Chairman of the Board. He brings to the Board his dynamic entrepreneurial and leadership experience as a founder, Chairman of the Board, Chief Executive Officer and, currently, Executive Chairman of the Company, which has given rise to the establishment of the Company as the country’s leading luxury homebuilder.

Richard Hartman

Mr. Richard T. Hartman is President, Chief Operating Officer of Toll Brothers, Inc. Mr. Hartman joined the Company in 1980 and served in positions with the Company, including Regional President from 2005 through 2011. He was appointed to the positions of Executive Vice President and Chief Operating Officer effective January 1, 2012. In December 2012, Mr. Hartman was appointed to the position of President effective January 1, 2013.

Douglas Yearley

Mr. Douglas C. Yearley is Chief Executive Officer and Director of Toll Brothers, Inc. He joined us in 1990, specializing in land acquisitions from financial institutions. He has been an officer since 1994, holding the position of Senior Vice President from January 2002 until November 2005, and the position of Regional President from November 2005 until November 2009, when he was promoted to Executive Vice President. Since June 2010, he has been our Chief Executive Officer. Prior to joining us, Mr. Yearley practiced law in New Jersey as a commercial litigator. He brings to the Board a deep understanding of our industry and our business as a result of the significant operational roles in which he has served over the 23 years he has been with the Company; his managerial and leadership experience and his background as an attorney have been positive contributors to the Company.

Bruce Toll

Mr. Bruce E. Toll is Vice Chairman of the Board of Toll Brothers Inc. He been a member of our Board since our inception in May 1986 and served as our Chief Operating Officer until May 1998 and our President until November 1998. He is a member of the Public Debt and Equity Securities Committee. He is the founder and Principal of BET Investments, a commercial real estate company, and the owner of several automobile dealerships. From June 2006 through August 2009, he was the Chairman of Philadelphia Media Holdings, L.L.C., the parent company of the Philadelphia Inquirer and the Philadelphia Daily News, and from December 2007 through February 2009, he served on the board of directors of Fifth Street Finance Corp., a company that lends to and invests in small and mid-sized companies. He brings to the Board his knowledge and experience as a co-founder of the Company and his service in various executive, director and advisory positions with the Company since its formation in 1986; his ownership of several significant businesses has provided him with extensive managerial and leadership experience in the real estate industry and other fields, and his service on various public company boards of directors has been of added value to our Board.

Martin Connor

Mr. Martin P. Connor is Senior Vice President, Chief Financial Officer and Treasurer of Toll Brothers, Inc. He joined the Company as Vice President and Assistant Chief Financial Officer in December 2008 and was elected a Senior Vice President in December 2009. Mr. Connor was appointed to his current position of Senior Vice President, Chief Financial Officer and Treasurer in September 2010. From June 2008 to December 2008, Mr. Connor was President of Marcon Advisors LLC, a finance and accounting consulting firm which he founded. From October 2006 to June 2008, Mr. Connor was Chief Financial Officer and Director of Operations for O’Neill Properties, a diversified commercial real estate developer in the Mid-Atlantic area. Prior to October 2006, he spent over 20 years at Ernst & Young LLP as an Audit and Advisory Business Services Partner, responsible for the real estate practice for Ernst & Young LLP in the Philadelphia marketplace. During the period from 1998 to 2005, he served on the Toll Brothers, Inc. engagement.

N.Frederick Cooper

Edward Boehne

Mr. Edward G. Boehne is Lead Independent Director of Toll Brothers Inc. He has been Independent Director of the Company sinc July 2000. He is the Chair of the Nominating and Corporate Governance Committee and a member of the Audit Committee. From 1981 until his retirement in May 2000, Mr. Boehne was the President of the Federal Reserve Bank of Philadelphia. Mr. Boehne is a member of the board of directors of Beneficial Mutual Bancorp, Inc., Penn Mutual Life Insurance Co. and AAA Mid-Atlantic, Inc. (including the related holding company, AAA Club Partners). Mr. Boehne is also a member of the board of directors of, and Senior Economic Advisor to, the Haverford Trust Company. He brings to the Board his reputation and accomplishments as a leader and expert in the Federal bank regulatory field, as well as his current service in various board and advisory positions with high profile companies in the banking and insurance industries.

Robert Blank

Mr. Robert S. Blank is Independent Director of Toll Brothers, Inc. e is a member of the Nominating and Corporate Governance Committee and the Public Debt and Equity Securities Committee. Since 2003, Mr. Blank has been Co-Chairman and Co-Chief Executive Officer of Whitney Communication Company (“WCC”) and Senior Partner of Whitcom Partners. In recent years, WCC and Whitcom Partners have sold the companies they have owned—major market FM radio stations, network-affiliated TV stations, daily and non-daily newspapers in five states, and cable television systems in New England. Currently, Whitcom Partners and its two partners individually make investments in public and non-public companies. Mr. Blank brings to the Board the skills and experience gained in his executive leadership roles in a major company in the communications industry, as well as in the investment field.

Richard Braemer

Mr. Richard J. Braemer is Independent Director of Toll Brothers Inc. He is the Chair of the Public Debt and Equity Securities Committee. He is senior counsel at the law firm of Ballard Spahr LLP, where he was a partner from 1994 through 2008. Mr. Braemer is a director, Chairman of the Compensation Committee and past Chairman of the Board of Directors of the Albert Einstein Healthcare Network, a Philadelphia-based, non-profit healthcare network. In addition to his professional skills as an attorney practicing primarily in the field of mergers and acquisitions, including transactions with a real estate element, he brings to our Board the experience gained both as a former board member and audit committee chair of a public company and as an advisor to boards, board committees and independent directors of publicly and privately held corporations.

Christine Garvey

Ms. Christine N. Garvey is Independent Director of Toll Brothers Inc. She is a member of the Audit Committee. She was the Global Head of Corporate Real Estate Services at Deutsche Bank AG from 2001 to 2004. Prior to that, she served as Vice President of Worldwide Real Estate and Workplace Resources at Cisco Systems, Inc. and as Group Executive Vice President at Bank of America. She is also a member of the board of directors of HCP, Inc. and Maguire Properties, Inc. She has served as a member of the board of ProLogis since September 2005, when Catellus Development Corporation, of which she had been a member of the board since 1995, merged into a subsidiary of ProLogis. Ms. Garvey served on the board of directors of Hilton Hotels Corporation through October 2007. She brings to the Board her extensive knowledge of and background in real estate and banking and her experience in executive leadership positions and board memberships with various public entities in the national real estate market.

Carl Marbach

Mr. Carl B. Marbach is Independent Director of Toll Brothers Inc. He is the Chair of the Executive Compensation Committee and a member of the Audit Committee and the Public Debt and Equity Securities Committee. Since January 2004, Mr. Marbach has been President of Greater Marbach Airlines, Inc., a company that provides aviation and consulting services. From January 1995 to January 2004, Mr. Marbach was President of Internetwork Publishing Corp., an electronic publisher, which he founded. He brings to the Board his expertise in the field of information technology, as well as his entrepreneurial experiences in building businesses in that and other industries.

Stephen Novick

Mr. Stephen A. Novick is Independent Director of Toll Brothers Inc. He is a member of the Executive Compensation Committee and the Nominating and Corporate Governance Committee. Mr. Novick serves as Senior Advisor to The Andrea and Charles Bronfman Philanthropies, a private family foundation. Until December 2006, Mr. Novick was a consultant to Grey Global Group, a marketing communications company. From 1990 until his retirement in December 2004, Mr. Novick was Chief Creative Officer-Worldwide, and from April 2000 to December 2004 was Vice Chairman, of Grey Global Group. Mr. Novick is also a member of the board of directors of Ark Restaurant Corp. In addition to the experience gained in his roles in the corporate and non-profit sectors, he brings to our Board his creative skills, leadership and expertise in the field of marketing communications.

Paul Shapiro

Mr. Paul E. Shapiro is Independent Director of Toll Brothers Inc. He is the Chair of the Audit Committee and a member of the Executive Compensation Committee. Since June 2004, Mr. Shapiro has been Chairman of the Board of Q Capital Strategies, LLC, a life settlement company. From January 2004 to June 2004, Mr. Shapiro was Senior Vice President of MacAndrews & Forbes Holdings, Inc., a private holding company of operating businesses. From June 2001 to December 2003, Mr. Shapiro was Executive Vice President and Chief Administrative Officer of Revlon Inc. He brings to the Board his extensive experience in executive positions with various nationally known companies, which he has served in a wide variety of capacities that have drawn upon his legal and entrepreneurial skills, including those in the areas of corporate governance and the regulatory corporate environment.

Basic Compensation

Name Fiscal Year Total

Robert Toll

9,024,980

Richard Hartman

3,522,650

Douglas Yearley

9,563,310

Bruce Toll

2,401,570

Martin Connor

2,817,080

N.Frederick Cooper

--

Edward Boehne

--

Robert Blank

--

Richard Braemer

--

Christine Garvey

--

Carl Marbach

--

Stephen Novick

--

Paul Shapiro

--
As Of 30 Oct 2013

Options Compensation

Name Options Value

Robert Toll

10,220,000 198,979,380

Richard Hartman

25,000 573,875

Douglas Yearley

29,250 561,746

Bruce Toll

1,052,750 4,982,700

Martin Connor

0 0

N.Frederick Cooper

0 0

Edward Boehne

0 0

Robert Blank

0 0

Richard Braemer

0 0

Christine Garvey

0 0

Carl Marbach

0 0

Stephen Novick

0 0

Paul Shapiro

0 0
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