Toll Brothers, Inc. (NYSE: TOL) late Tuesday announced the election of Stephen F. East to its board of directors.
Before retiring in July 2019, East served as managing director and senior consumer analyst at Wells Fargo & Company, heading the equity research team that covered the home building and building products sectors. Prior to joining Wells Fargo, he spent four years with Evercore ISI, an independent research firm, as a partner and senior managing director heading the firm’s housing research efforts, and, prior to that, spent nearly two decades in equity research and investment management at various firms. Mr. East earned an MBA from the University of Missouri and a BS in Finance from Arkansas State University. He holds the Chartered Financial Analyst designation.
Douglas C. Yearley, Toll Brothers’ chairman and chief executive officer, stated: “We are very excited to welcome Stephen to the Toll Brothers Board of Directors. He brings a tremendous reputation as a well-regarded industry expert, and we believe his extensive knowledge of the home building industry, along with his strong analytical abilities and strategic insights, will contribute great value to the Toll Brothers Board.”
