TAYLOR MORRISON HOME CORPORATION (NYSE:TMHC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02
|
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On April14, 2017, Mr.TimothyR. Eller informed Taylor Morrison
Home Corporation (the Company) of his retirement from the
Companys Board of Directors (the Board) to be effective as of the
date of the Companys 2017 annual meeting of stockholders,
currently scheduled for May31, 2017, and contemporaneously with
the expiration of his current term. Mr.Ellers retirement is not
the result of any disagreement with the Company or as a result of
any matter relating to the Companys operations, policies or
practices.
Effective with Mr.Ellers retirement, Ms.SherylD. Palmer, the
Companys President and Chief Executive Officer, will become
Chairman of the Board and a member of the nominating and
corporate governance committee. In addition, Mr.Peter Lane, a
current member of the Board, will become the Boards lead
independent director, and the Companys Board size will decrease
from 12 to 11 seated members.
A copy of the press release announcing Ms.Palmers and Mr.Lanes
appointments is attached hereto as Exhibit 99.1
| Item9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits |
|
Exhibit No. |
Description |
|
| 99.1 | Press Release, dated April19, 2017. |
2
About TAYLOR MORRISON HOME CORPORATION (NYSE:TMHC)
Taylor Morrison Home Corporation is a real estate development company, with a portfolio of lifestyle and master-planned communities. The Company is engaged in the business of residential homebuilding and the development of lifestyle communities with operations geographically focused in Arizona, California, Colorado, Florida, Texas and its acquired divisions in Georgia, Illinois and North Carolina. The Company operates under the Taylor Morrison and Darling Homes brand names. It also provides financial services to customers through its mortgage subsidiary, Taylor Morrison Home Funding, LLC (TMHF) and title insurance and closing settlement services through its title company, Inspired Title Services, LLC (Inspired Title). The Company’s business is organized into over 15 operating divisions aggregated into three homebuilding segments, East, Central and West, and its Mortgage Operations segment, which includes the activities of TMHF and Inspired Title. TAYLOR MORRISON HOME CORPORATION (NYSE:TMHC) Recent Trading Information
TAYLOR MORRISON HOME CORPORATION (NYSE:TMHC) closed its last trading session up +0.11 at 22.05 with 1,120,711 shares trading hands.
