People: Toll Brothers Inc (TOL)

TOL on New York Consolidated

36.01USD
21 May 2013
Price Change (% chg)

$-0.60 (-1.64%)
Prev Close
$36.92
Open
$36.58
Day's High
$36.88
Day's Low
$34.97
Volume
5,085,897
Avg. Vol
3,770,653
52-wk High
$38.36
52-wk Low
$23.78

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Summary

Name Age Since Current Position

Robert Toll

72 2010 Executive Chairman of the Board

Richard Hartman

55 2013 President, Chief Operating Officer

Douglas Yearley

52 2010 Chief Executive Officer, Director

Bruce Toll

69 1998 Vice Chairman of the Board

Martin Connor

48 2010 Senior Vice President, Chief Financial Officer, Treasurer

Edward Boehne

72 2011 Lead Independent Director

Robert Blank

72 1986 Independent Director

Richard Braemer

71 1986 Independent Director

Christine Garvey

67 2009 Independent Director

Carl Marbach

71 1991 Independent Director

Stephen Novick

72 2003 Independent Director

Paul Shapiro

71 1993 Independent Director

Biographies

Name Description

Robert Toll

Mr. Robert I. Toll is Executive Chairman of the Board of Toll Brothers, Inc. He co-founded the company's predecessors’ operations in 1967. He has been a member of Company's Board since Company's inception in May 1986. He served as Company's Chief Executive Officer and Chairman of the Board from Company's 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 luxury homebuilder the 25 years since its inception.

Richard Hartman

Mr. Richard T. Hartman is President, Chief Operating Officer of Toll Brothers, Inc., since January 1, 2012. 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, Jr., is Chief Executive Officer and Director of Toll Brothers, Inc. He joined the Company in 1990 as assistant to the Chief Executive Officer with responsibility for land acquisitions. He has been an officer since 1994, holding the position of Senior Vice President from January 2002 until November 2005, the position of Regional President from November 2005 until November 2009, and the position of Executive Vice President from November 2009 until June 2010 when he was promoted to his current position of Chief Executive Officer. Mr. Yearley was elected a Director of Toll Brothers, Inc. in June 2010.

Bruce Toll

Mr. Bruce E. Toll is Vice Chairman of the Board of Toll Brothers Inc. He has been a member of Company's Board since Company's inception in May 1986 and served as Company's Chief Operating Officer until May 1998 and Company's President until November 1998. He is member of the Public Debt and Equity Securities Committee. Mr. Toll is the founder and president of BET Investments, a commercial real estate company, and the owner of several automobile dealerships. From June 2006 through August 2009, Mr. Toll 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.

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.

Edward Boehne

Mr. Edward G. Boehne is Lead Independent Director of Toll Brothers Inc., since March 2011. 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. Mr. Boehne is also a member of the board of directors of, and Senior Economic Advisor to, the Haverford Trust Company.

Robert Blank

Mr. Robert S. Blank is Independent Director of Toll Brothers, Inc., since September 1986. He is a member of the Nominating and Corporate Governance Committee and the Public Debt and Equity Securities Committee. For more than the past five years, Mr. Blank has been Co-Chairman and Co-Chief Executive Officer of Whitney Communication Company and Senior Partner of Whitcom Partners. Whitney Communications Company and Whitcom Partners make investments in public and non-public companies. From August 2001 until June 2007, Mr. Blank was a member of the board of directors of Advanta Corp.

Richard Braemer

Mr. Richard J. Braemer is Independent Director of Toll Brothers Inc., since September 1986. He is the Chair of the Public Debt and Equity Securities Committee. He is senior counsel at the law firm of Ballard, Spahr, Andrews & Ingersoll, LLP, where he was a partner from 1994 through 2008. Mr. Braemer is a director, Chairman of the Governance Committee and past Chairman of the Board of Directors of the Albert Einstein Healthcare Network, a Philadelphia-based, non-profit healthcare network.

Christine Garvey

Ms. Christine N. Garvey is Independent Director of Toll Brothers Inc., since September 24, 2009. 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, where 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.

Carl Marbach

Mr. Carl B. Marbach is Independent Director of Toll Brothers Inc., since December 1991. 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. and Florida Professional Aviation, Inc., companies that provide aviation and consulting services. From January 1995 to January 2004, Mr. Marbach was President of Internetwork Publishing Corp., an electronic publisher, which he founded.

Stephen Novick

Mr. Stephen A. Novick is Independent Director of Toll Brothers Inc., since January 2003. 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.

Paul Shapiro

Mr. Paul E. Shapiro is Independent Director of Toll Brothers Inc., since December 1993. He is the Chair of the Audit Committee and a member of the Executive Compensation Committee. Since June 30, 2004, Mr. Shapiro has been Chairman of the Board of Q Capital Strategies, LLC, a life settlement company. From January 1, 2004 to June 30, 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.

Basic Compensation

Name Fiscal Year Total

Robert Toll

9,446,340

Richard Hartman

2,062,690

Douglas Yearley

6,903,190

Bruce Toll

2,401,570

Martin Connor

2,004,480

Edward Boehne

--

Robert Blank

--

Richard Braemer

--

Christine Garvey

--

Carl Marbach

--

Stephen Novick

--

Paul Shapiro

--
As Of 30 Oct 2012

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

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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