leadership
confidence high
sentiment negative
materiality 0.70
Founder and Chairman Donald R. Horton dies; David V. Auld appointed Executive Chairman
HORTON D R INC /DE/
- Founder Donald R. Horton passed away on May 16, 2024, at age 74, after leading the company for 46 years.
- Board appointed David V. Auld, formerly Executive Vice Chairman, as Executive Chairman effective immediately.
- Auld praised Horton's vision and commitment, stating the company will carry on his legacy of homeownership.
- No operational changes announced; the company's decentralized strategy remains intact.