Toll Brothers CEO Doug Yearley to become Executive Chairman; Karl Mistry named CEO effective March 30, 2026

Toll Brothers, Inc.

Karl Mistry, EVP since 2021, promoted to CEO effective March 30, 2026; also to join Board.
Doug Yearley transitions to Executive Chairman; will receive $6.6M total comp starting FY2027.
Mistry's compensation: $1M base salary; $2.25M target cash bonus; $4.25M annual equity award.
Yearley has been CEO since 2010; Mistry is a 22-year company veteran, most recently managing Eastern ops across 15 states.

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