Wendy Marlett Joins Toll Brothers as Senior Vice President
June 05 2019 - 4:15PM
Douglas C. Yearley, chairman and chief executive officer of Toll
Brothers, Inc. (NYSE: TOL) (www.tollbrothers.com), the nation’s
leading builder of luxury homes, today announced the appointment of
Wendy Marlett as Senior Vice President to oversee Toll Brothers’
Marketing, Sales, Design Studio and Customer Experience
Departments.
Ms. Marlett joins Toll Brothers with
thirty-three years of strategic leadership and business experience,
twenty-three of which have been in the homebuilding industry with
national publicly listed companies. She was Chief Marketing Officer
and Executive Vice President of Sales, Marketing and Communications
at CalAtlantic (and before that, Standard Pacific) from 2010 to
2018, and prior to that served in a similar role at KB Home from
1995 to 2010. She is a graduate of California State University,
Long Beach with a B.A. in Journalism.
Ms. Marlett’s appointment coincides with the
upcoming retirement in January 2020 of Kira Sterling, Toll
Brothers’ current Chief Marketing Officer. Ms. Sterling joined
Toll Brothers thirty-four years ago and has played an integral role
in the Company’s growth from a local private home builder, through
its initial public offering to its current status as a Fortune 500
company and the nation’s leading builder of luxury homes. Ms.
Marlett will also assume the Chief Marketing Officer role upon Ms.
Sterling's retirement.
Doug Yearley stated: “We are excited to welcome
Wendy to the Toll Brothers team. Her leadership experience
across multiple disciplines within the home building industry, her
stellar reputation built over several decades, and her ability to
lead key Toll Brothers customer-facing departments give us great
confidence that she is the ideal person to help define our future
in the marketing, sales and customer experience arenas.
“We also thank Kira for her tremendous
contributions to Toll Brothers. Her passion for marketing and
unwavering dedication to her employees and our company have helped
drive our success over the past three decades.”
Toll Brothers, Inc., A FORTUNE 500 Company, is
the nation's leading builder of luxury homes. The Company began
business over fifty years ago in 1967 and became a public company
in 1986. Its common stock is listed on the New York Stock Exchange
under the symbol “TOL.” The Company serves move-up, empty-nester,
active-adult, and second-home buyers, as well as urban and suburban
renters. It operates in 22 states: Arizona, California, Colorado,
Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland,
Massachusetts, Michigan, Nevada, New Jersey, New York, North
Carolina, Oregon, Pennsylvania, Texas, Utah, Virginia, and
Washington, as well as in the District of Columbia.
Toll Brothers builds an array of luxury
residential single-family detached, attached home, master planned
resort-style golf, and urban low-, mid-, and high-rise communities,
principally on land it develops and improves. The Company acquires
and develops rental apartment and commercial properties through
Toll Brothers Apartment Living, Toll Brothers Campus Living, and
the affiliated Toll Brothers Realty Trust, and develops urban low-,
mid-, and high-rise for-sale condominiums through Toll Brothers
City Living. The Company operates its own architectural,
engineering, mortgage, title, land development and land sale, golf
course development and management, and landscape subsidiaries. Toll
Brothers also operates its own security company, TBI Smart Home
Solutions, which also provides homeowners with home automation and
technology options. The Company also operates its own lumber
distribution, house component assembly, and manufacturing
operations. Through its Gibraltar Real Estate Capital joint
venture, the Company provides builders and developers with land
banking, non-recourse debt and equity capital.
In 2019, Toll Brothers was named World’s Most
Admired Home Building Company in Fortune magazine’s survey of the
World’s Most Admired Companies, the fifth year in a row it has been
so honored. Toll Brothers was named 2014 Builder of the Year by
Builder magazine and is honored to have been awarded Builder of the
Year in 2012 by Professional Builder magazine, making it the first
two-time recipient. Toll Brothers proudly supports the communities
in which it builds; among other philanthropic pursuits, the Company
sponsors the Toll Brothers Metropolitan Opera International Radio
Network, bringing opera to neighborhoods throughout the world. For
more information, visit www.tollbrothers.com.
Toll Brothers discloses information about its
business and financial performance and other matters, and provides
links to its securities filings, notices of investor events, and
earnings and other news releases, on the Investor Relations section
of its website (investors.tollbrothers.com).
CONTACT: Frederick N. Cooper (215)
938-8312fcooper@tollbrothers.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/19d3113f-60d2-4681-9cfe-6a574a68bde7
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