Toll Brothers: COO Parahus retiring June 30; EVP Seth Ring named successor

Toll Brothers, Inc.

Robert Parahus to retire as President/COO effective June 30, 2026; will serve as senior advisor through June 2027 at $1.85M total comp.
Seth J. Ring, EVP and 22-year veteran, appointed President/COO and elected to Board effective June 30, 2026.
Ring receives $1M base salary, $1.75M bonus target, and $3.75M annual equity award pro-rated for fiscal 2026.
Ring led Shapell Homes acquisition integration (2013) and currently oversees Western homebuilding operations.
Parahus retirement marks end of 40-year Toll Brothers career; CEO Yearley and Mistry praise his leadership.

item 5.02 item 8.01 item 9.01 item 99.1

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Seth J. Ring

President and Chief Operating Officer

TOL · Toll Brothers, Inc.

Effective: 2026-06-30
Filed: May 13, 2026, 4:44 PM ET

The Board of Directors (the “Board”) of the Company has appointed Seth J. Ring, currently an Executive Vice President of the Company, to succeed Mr. Parahus upon his retirement.

Departed

Robert Parahus

President and Chief Operating Officer

TOL · Toll Brothers, Inc.

Effective: 2026-06-30
Successor: Seth J. Ring
Filed: May 13, 2026, 4:44 PM ET

On May 12, 2026, Mr. Robert Parahus notified Toll Brothers, Inc. (the “Company”), of his decision to retire as President and Chief Operating Officer effective June 30, 2026.

Appointed

Seth J. Ring

Director

TOL · Toll Brothers, Inc.

Effective: 2026-06-30
Filed: May 13, 2026, 4:44 PM ET

Also effective June 30, 2026, the Board approved an increase in its size to 11 members and elected Mr. Ring to fill the vacancy, with a term expiring at the 2027 annual meeting of stockholders and until his successor is duly elected and qualified.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Seth J. Ring was appointed as President and Chief Operating Officer at Toll Brothers, Inc..

Action: appointed
Role: President and Chief Operating Officer

Exact text from the filing

The Board of Directors (the “Board”) of the Company has appointed Seth J. Ring, currently an Executive Vice President of the Company, to succeed Mr. Parahus upon his retirement.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Parahus departed as President and Chief Operating Officer at Toll Brothers, Inc..

Action: retire
Role: President and Chief Operating Officer

Exact text from the filing

On May 12, 2026, Mr. Robert Parahus notified Toll Brothers, Inc. (the “Company”), of his decision to retire as President and Chief Operating Officer effective June 30, 2026.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Seth J. Ring was elected as Director at Toll Brothers, Inc..

Action: elected
Role: Director

Exact text from the filing

Also effective June 30, 2026, the Board approved an increase in its size to 11 members and elected Mr. Ring to fill the vacancy, with a term expiring at the 2027 annual meeting of stockholders and until his successor is duly elected and qualified.

View on SEC.gov

Toll Brothers, Inc. filing history →

Source: SEC EDGAR

accession 0000794170-26-000079

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