Taylor Morrison Strengthens Board with Cisco Executive Hire

Taylor Morrison Welcomes New Executive to Board

Taylor Morrison (NYSE: TMHC), a prominent national homebuilder and land developer, has taken a significant step in enhancing its governance by appointing Fletcher Previn to its Board of Directors. Previn, a seasoned professional with extensive experience in information technology and cybersecurity, is set to bring valuable insights that align with the company’s strategic objectives.

Fletcher Previn's Credentials

Fletcher Previn currently serves as the Chief Information Officer at Cisco, a role in which he has honed his expertise in simplifying technology systems and ensuring secure infrastructures. His previous professional experiences encompass prestigious positions at industry giants such as IBM and Walmart, spanning over two decades. Recognized for his innovative approach, Previn is committed to leveraging technology as a means to enhance operational efficiency and improve the overall experience for customers and employees alike.

Impact of Mr. Previn's Appointment

Previn’s arrival on the board is expected to significantly influence Taylor Morrison’s strategic direction. Chairman and CEO Sheryl Palmer expressed excitement about his addition, pointing out the importance of IT and cybersecurity in evolving the company’s offerings to better meet the needs of future homebuyers. Palmer praised the insights Previn brings, highlighting how they will contribute to creating a more adaptive and technology-driven homebuilding process.

Transitioning Leadership at Taylor Morrison

Alongside Mr. Previn’s appointment, the company bids farewell to William H. Lyon, who will retire from his board position in November after a significant tenure. Lyon's contributions since the acquisition of William Lyon Homes were acknowledged as pivotal to the company's development during that time. Palmer expressed heartfelt gratitude towards Lyon, acknowledging his role in shaping the firm’s growth and upholding the legacy established by General William Lyon.

Enhancing Board Diversity

In a parallel effort, Taylor Morrison is advancing its Board Fellowship Program, aimed at nurturing diverse leadership within corporate governance. This initiative will welcome Citigroup Managing Director Anissa Dhouibi and Executive Coach Analiza Wolf as part of its second cohort of board fellows. This program, initiated in 2022, focuses on providing insights into the workings of a Fortune 500 company board for underrepresented business leaders, fostering increased diversity in future board appointments.

Experience of the Board Fellows

Anissa Dhouibi brings nearly 20 years of experience in financial services, specializing in global quantitative research teams. Currently, she is the head of equities quantitative analysis at Citigroup, having also served over a decade at JP Morgan Chase. Meanwhile, Analiza Wolf boasts a solid background in organizational change within numerous sectors, including technology and education. Her experience as a former non-profit CEO and current executive coach will be instrumental in providing a unique perspective to the board fellows program.

A Focus on Future Growth

With Previn joining the board and the introduction of diverse talents through the fellowship program, Taylor Morrison is positioned well for enhanced growth and responsiveness to industry dynamics. The organization is committed to harnessing technology and diverse perspectives to bolster its competitive edge in the homebuilding market.

About Taylor Morrison

Headquartered in Scottsdale, Arizona, Taylor Morrison is recognized as one of the nation’s leading homebuilders and developers. With a robust portfolio that caters to a diverse range of consumers, including first-time homebuyers and luxury markets, the company operates under several brand names, such as Taylor Morrison and Esplanade. Renowned for its dedication to sustainability and community development, Taylor Morrison has received accolades as America’s Most Trusted Builder from 2016 to 2024, showcasing a commitment to quality and customer satisfaction.

Frequently Asked Questions

Who is the new member of Taylor Morrison's Board of Directors?

Fletcher Previn has been appointed to Taylor Morrison's Board of Directors.

What previous roles has Fletcher Previn held?

Before joining Taylor Morrison, Previn served as the Chief Information Officer at Cisco and held positions at IBM and Walmart.

What is the purpose of Taylor Morrison’s Board Fellowship Program?

The program aims to provide underrepresented senior business leaders with insights into Fortune 500 board operations, enhancing their potential for future board appointments.

Who are the new board fellows at Taylor Morrison?

Anissa Dhouibi and Analiza Wolf are the new fellows joining Taylor Morrison's Board Fellowship Program.

How long has Taylor Morrison been recognized as America’s Most Trusted Builder?

Taylor Morrison has been recognized as America’s Most Trusted Builder by Lifestory Research from 2016 to 2024.

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