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Toll Brothers announces executive promotion

Robert I. Toll, Chairman and Chief Executive Officer of Toll Brothers, Inc., the US's leading builder of luxury homes, announced the promotion of Douglas C. Yearley, Jr. to the position of Executive Vice President.

Doug Yearley, 49, has been with Toll Brothers for nineteen years. He joined the company in 1990, initially specializing in land acquisitions from financial institutions and the Resolution Trust Corporation.

Mr. Yearley's new role will include increased involvement in setting corporate strategy and capital allocation and in land acquisitions. In addition, he will expand his already extensive involvement with the firm's homebuilding operations and investor relations.



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