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Posted 30 January, 2023

HORTON D R INC /DE/ appointed new CEO

CEO Change detected for ticker NYSE:DHI in a 8-K filed on 30 January, 2023.


  Effective January 26, 2023, the Company's Board of Directors (the "Board") appointed David V. Auld, the Company's President and Chief Executive Officer, to serve as a director on the Board.  

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Overview of HORTON D R INC /DE/
Real Estate/Construction • Residential Building Construction
D.R. Horton, Inc. engages in the construction and sale of single-family housing. It operates through the following geographical segments: Northwest, Southwest, South Central, Southeast, East, and North. The Northwest segment includes Colorado, Oregon, Utah, and Washington. The Southwest segment focuses on Arizona, California, Hawaii, Nevada, and New Mexico. The South Central segment is involved in Arkansas, Oklahoma, and Texas. The Southeast segment refers to Alabama, Florida, Louisiana, and Mississippi. The East segment operates Georgia, North Carolina, South Carolina, and Tennessee. The North segment focuses on Delaware, Illinois, Indiana, Iowa, Kentucky, Maryland, Minnesota, Nebraska, New Jersey, Ohio, Pennsylvania, Virginia, and West Virginia. The company was founded by Donald Ray Horton in 1978 and is headquartered in Arlington, TX.
Market Cap
$50.6B
View Company Details
HORTON D R INC /DE/ by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


Effective January 26, 2023, the Company's Board of Directors (the "Board") appointed David V. Auld, the Company's President and Chief Executive Officer, to serve as a director on the Board. Mr. Auld's appointment expands the size of the Board from six to seven directors, five of whom are independent directors.


Mr. Auld, age 67, has served as the Company's President and Chief Executive Officer since 2014 and was Executive Vice President and Chief Operating Officer from 2013 to 2014. He was a Region President overseeing the Company's homebuilding operations in Florida, North and South Carolina, Georgia and Alabama from 2005 to 2013. Prior to that, Mr. Auld had been the Division President of the Company and its predecessor's Orlando Division since 1988. 


As a member of executive management, Mr. Auld will not receive any additional compensation for serving on the Board, and there are no arrangements or understandings between Mr. Auld and any other person pursuant to which Mr. Auld was selected as a director.


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