Darrell Sherman Announces Retirement After Influential Tenure
Darrell Sherman's Retirement and Transition at Taylor Morrison
After a commendable career spanning nearly 16 years, Darrell Sherman, the Executive Vice President, Chief Legal Officer, and Secretary of Taylor Morrison Home Corporation (NYSE: TMHC), has announced his upcoming retirement. This significant transition will take place on May 31, 2025. Following his retirement, he is set to undertake a full-time mission, serving the First Presidency of the Church of Jesus Christ of Latter-day Saints.
In reflecting on his longstanding role, Darrell has been a vital part of Taylor Morrison, providing exceptional legal oversight and governance. Sheryl Palmer, the Chairman and CEO of Taylor Morrison, emphasized, "Darrell has been a trusted advisor, providing remarkable legal oversight and guidance during his long tenure at Taylor Morrison. His invaluable contributions have greatly supported the company's growth and development across finance, land acquisition, risk management, and mergers & acquisitions." The corporate landscape at Taylor Morrison will undeniably miss his expertise and leadership.
Successor Announcement
The role of Chief Legal Officer and Secretary will be successfully transitioned to Todd Merrill, who is currently functioning as the VP and General Counsel of Operations. This shift will come into effect on June 1, 2025. Todd has been an integral member of the legal team since 2004, demonstrating extensive experience across various capacities within Taylor Morrison.
Before joining the homebuilding sector, Todd was a real estate partner at the highly regarded Bush Ross, P.A. law firm located in Tampa, Florida. He brings a wealth of knowledge, holding a bachelor's degree in business administration from Stetson University and earning his Juris Doctor from Florida State University College of Law, where he was recognized in the Law Review and achieved the prestigious Order of the Coif. His dedication is further exemplified by his active membership in the State Bar of Florida.
Confidence in Future Leadership
Sheryl Palmer remarked on Todd's extensive preparation for this upcoming role: "Todd has been a key member of the legal team at Taylor Morrison for over 20 years and is well prepared to assume this new position. As we embark on this next chapter, highlighting significant milestones ahead, I am fully confident that he will add substantial value and be a pivotal force in our future achievements."
About Taylor Morrison
Headquartered in Scottsdale, Arizona, Taylor Morrison is recognized as one of the leading homebuilders and developers nationwide, catering to a diverse clientele including first-time buyers, move-up buyers, luxury estates, and resort lifestyle consumers. Their impressive portfolio spans across several brands, including Taylor Morrison, Esplanade, and Yardly. Taylor Morrison has continually earned the title of America's Most Trusted Builder by Lifestory Research throughout multiple years from 2016 to 2025, showcasing their commitment to quality and consumer satisfaction.
Furthermore, Taylor Morrison is dedicated to sustainability practices, reflecting their corporate responsibility stance through annual reports on various initiatives focused on creating a positive impact. Their ongoing commitment to innovation and sustainable development aligns with the aspirations of homeowners seeking eco-friendly solutions in their living spaces.
Frequently Asked Questions
What prompted Darrell Sherman to retire?
Darrell Sherman has chosen to retire to dedicate himself to a full-time mission with the Church of Jesus Christ of Latter-day Saints.
Who will succeed Darrell Sherman?
Todd Merrill, who has been a part of the Taylor Morrison legal team for over 20 years, will assume the role of Chief Legal Officer and Secretary.
What qualifications does Todd Merrill have?
Todd Merrill holds a bachelor's degree from Stetson University and a Juris Doctor from Florida State University, and he has extensive experience in real estate law.
What is Taylor Morrison known for?
Taylor Morrison is one of the nation's leading builders, known for its commitment to sustainability and being recognized as America's Most Trusted Builder.
When is Darrell Sherman’s retirement effective?
Darrell Sherman’s retirement will take effect on May 31, 2025.
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