Taylor Morrison appoints Louis Steffens as CFO effective Jan 1, 2022

Taylor Morrison Home Corp

Louis Steffens, current President of M&A, becomes EVP and CFO effective January 1, 2022.
Steffens joined in 2007, led six acquisitions, 30 years homebuilding experience.
New employment agreement: base salary of $575,000, target annual bonus of 150% of base.
Severance: 1.5x base+bonus on non-CIC termination; 2.0x plus full equity vesting on CIC termination.
Outgoing CFO C. David Cone transitioning under previously disclosed June 2021 retirement agreement.

item 5.02

Executive movements

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

Departed

C. David Cone

Executive Vice President and Chief Financial Officer

TMHC · Taylor Morrison Home Corp

Effective: 2021-12-31
Successor: Louis Steffens
Filed: October 27, 2021, 7:59 PM ET

C. David Cone, the Company’s current Executive Vice President and Chief Financial Officer, have entered into a Transition and Retirement Agreement, dated as of June 21, 2021, pursuant to which Mr. Cone will transition from the role of Chief Financial Officer effective December 31, 2021.

Appointed

Louis Steffens

Executive Vice President and Chief Financial Officer

TMHC · Taylor Morrison Home Corp

Effective: 2022-01-01
Filed: October 27, 2021, 7:59 PM ET

On October 27, 2021, the Company announced that Louis Steffens, the Company’s current President, Mergers & Acquisitions, would succeed Mr. Cone as the Company’s Executive Vice President and Chief Financial Officer, effective January 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

C. David Cone changed role as Executive Vice President and Chief Financial Officer at Taylor Morrison Home Corp.

Action: transitioned
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

C. David Cone, the Company’s current Executive Vice President and Chief Financial Officer, have entered into a Transition and Retirement Agreement, dated as of June 21, 2021, pursuant to which Mr. Cone will transition from the role of Chief Financial Officer effective December 31, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Louis Steffens was appointed as Executive Vice President and Chief Financial Officer at Taylor Morrison Home Corp.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On October 27, 2021, the Company announced that Louis Steffens, the Company’s current President, Mergers & Acquisitions, would succeed Mr. Cone as the Company’s Executive Vice President and Chief Financial Officer, effective January 1, 2022.

View on SEC.gov

Taylor Morrison Home Corp filing history →

Source: SEC EDGAR

accession 0001193125-21-308658

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