2021 Hearthstone BUILDER Humanitarian Award Winner: Sheryl Palmer

Through both internal programs and external ventures, Taylor Morrison's chairman and CEO has demonstrated a lifetime to public service.

4 MIN READ

Colin Lenton

A passion for public service has been ingrained in Sheryl Palmer’s way of life since age 16, when she worked for McDonald’s as a community relations representative. In the role, she would dress up as some of the restaurant’s iconic characters, such as the Hamburglar or Mayor McCheese, and go into hospitals to visit sick children.

“It’s going to sound really silly, but the Hamburglar was a hated character because he stole the kids’ burgers,” says Palmer. “When I went into hospitals, I got to give. The Hamburglar wasn’t allowed to talk, so it was through your actions and creating relationships with these really sick kids that just wanted to have fun.”

But while studying special education and teaching at San Diego State University, Palmer’s career path went in another direction. One that would lead her to become the chairman and CEO of Taylor Morrison—No. 5 on the latest Builder 100 list—and a 2021 Hearthstone BUILDER Humanitarian Award recipient.

“Hearthstone is proud to recognize Ms. Sheryl Palmer as our 2021 public home builder winner for her leadership and far-reaching efforts that support her team members, customers, and the hundreds of communities in which Taylor Morrison serves,” says Mark Porath, CEO of Hearthstone.

Palmer at the Management Conference in 2019.

Courtesy Taylor Morrison

Palmer at the Management Conference in 2019.

As a person, parent, and leader who always chooses to pay it forward, Palmer has fostered a workplace that continually gives back. Taylor Morrison’s employee-value proposition, called TMLiving, includes daily huddles that allow employees to have regular conversations about everyone’s charitable efforts and provide inspiring examples of how team members give back to their communities.

At a Glance

Company: Taylor Morrison
Location: Scottsdale, Arizona
Title: Chairman and CEO
Number of Employees: Approximately 3,000
Age: 59
Favorite quote: “My mission in life is not merely to survive, but to thrive; and to do so with some passion, some compassion, some humor, and some style.”—Maya Angelou
Recommended reading: “Rethinking Success” by my dear friend Doug Holladay. This book helps individuals think about their life differently, and gives you the tools and perspective to find greater meaning at work, at home, and within our communities.
Charity of choice: HomeAid America. The impact they make in the communities they serve helping individuals get back on their feet is beyond admirable. I’m honored to be a part of that organization.
Greatest mentor: I'd have to say Ray Kroc, the McDonald’s founder. Without him, the Ronald McDonald House wouldn’t exist, which is core to the DNA of McDonald’s (and my first job). It was there that I first experienced the life-changing impact of giving.
Proudest charitable moment: Taylor Morrison’s annual Build Joy program. It brings me immense pride each year to see the heart of our people—the heart of our organization—come out through several acts of kindness.

“We build communities literally and figuratively,” says Palmer. “It’s one of the core tenets around our commitment to serving our communities.”

Palmer has also established the TM Care Fund, run in partnership through the St. Louis Community Foundation, to help team members with financial burdens during trying times. If needed, an employee can request and receive $2,000 up to three times throughout their career for events like natural disasters, serious illnesses or injuries, or death where loss of income, funeral costs, or uninsured medical expenses impact the ability to cover basic living expenses.

Beyond TMLiving and the TM Care Fund, Palmer and her team launched Build Joy in 2017, an annual internal campaign. In lieu of one large donation to a charity, the builder asks its employees, “If you were given $1,000 to ‘build joy’ in your community, how would you spend it?” Each year, from hundreds of submissions, roughly 10 people are selected to bring their ideas to life.

“An individual in Denver may submit the request, but the whole division comes together,” Palmer explains. “It is so inspirational for me to know that’s part of the DNA of this organization.”

Outside of Taylor Morrison, Palmer has served as chairman of the board for HomeAid America, which is devoted to building new lives for America’s homeless population through housing and community outreach, for a two-and-a-half-year term that ends July 2021. Under her leadership, Taylor Morrison has deepened its chapter presence with involvement in 12 HomeAid chapters across the U.S. The divisions partner with HomeAid to build and refurbish housing options for local homeless residents, including building tiny homes in Austin’s Community First! Village, renovating a North Georgia shelter for young women in foster care, and renovating apartment homes for veterans in Sacramento.

“Through Taylor Morrison’s Build Joy program, she along with her team members at the helm, have made immeasurable impact on their communities nationwide through efforts such as assembling care packages to hand out to the homeless, renovating a teachers’ lounge and building desks for students, to creating a dream bedroom for a child with a terminal illness,” continues Porath.

HomeAid's tiny house ribbon-cutting ceremony in Austin, Texas.

Courtesy Taylor Morrison

HomeAid's tiny house ribbon-cutting ceremony in Austin, Texas.

Palmer is also a leading building member of the Building Talent Foundation, a nonprofit founded by the Leading Builders of America to address the industry’s labor shortage. As chairman, Palmer aids the organization in building a robust, sustainable talent pipeline nationwide.

In addition, Palmer has partnered with the National Wildlife Federation to restore and protect wildlife habitats in the builder’s communities, has participated with Habitat for Humanity Sarasota’s Veterans Build program, and has been involved with Special Olympics.

“Sheryl has created a reputation for herself and Taylor Morrison unlike any in the industry, simply by being her authentic self and having a passion for giving back,” says Alice Giedraitis, director of corporate communications, in Palmer’s nomination form. “Through her leadership, employees strongly desire to work for Taylor Morrison, customers are validated in their decision to choose Taylor Morrison, and the communities in which Taylor Morrison builds benefit from its commitment to bettering the places and neighborhoods customers call home.”

About the Author

Symone Strong

Symone is an editor at Builder. She also has stories in other company publications, including ARCHITECT. She earned her B.S. in journalism and a minor in business communications from Towson University.

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