A passion for public service has been ingrained in Sheryl Palmerâs way of life since age 16, when she worked for McDonaldâs as a community relations representative. In the role, she would dress up as some of the restaurantâs iconic characters, such as the Hamburglar or Mayor McCheese, and go into hospitals to visit sick children.
âItâs going to sound really silly, but the Hamburglar was a hated character because he stole the kidsâ burgers,â says Palmer. âWhen I went into hospitals, I got to give. The Hamburglar wasnât allowed to talk, so it was through your actions and creating relationships with these really sick kids that just wanted to have fun.â
But while studying special education and teaching at San Diego State University, Palmerâs career path went in another direction. One that would lead her to become the chairman and CEO of Taylor MorrisonâNo. 5 on the latest Builder 100 listâand a 2021 Hearthstone BUILDER Humanitarian Award recipient.
âHearthstone 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,â says Mark Porath, CEO of Hearthstone.

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 Morrisonâs employee-value proposition, called TMLiving, includes daily huddles that allow employees to have regular conversations about everyoneâs 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: âMy 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.ââMaya Angelou
Recommended reading: âRethinking Successâ 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. Iâm honored to be a part of that organization.
Greatest mentor: I'd have to say Ray Kroc, the McDonaldâs founder. Without him, the Ronald McDonald House wouldnât exist, which is core to the DNA of McDonaldâs (and my first job). It was there that I first experienced the life-changing impact of giving.
Proudest charitable moment: Taylor Morrisonâs annual Build Joy program. It brings me immense pride each year to see the heart of our peopleâthe heart of our organizationâcome out through several acts of kindness.
âWe build communities literally and figuratively,â says Palmer. âItâs one of the core tenets around our commitment to serving our communities.â
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, âIf you were given $1,000 to âbuild joyâ in your community, how would you spend it?â Each year, from hundreds of submissions, roughly 10 people are selected to bring their ideas to life.
âAn individual in Denver may submit the request, but the whole division comes together,â Palmer explains. âIt is so inspirational for me to know thatâs part of the DNA of this organization.â
Outside of Taylor Morrison, Palmer has served as chairman of the board for HomeAid America, which is devoted to building new lives for Americaâs 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 Austinâs Community First! Village, renovating a North Georgia shelter for young women in foster care, and renovating apartment homes for veterans in Sacramento.
âThrough Taylor Morrisonâs 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 teachersâ lounge and building desks for students, to creating a dream bedroom for a child with a terminal illness,” continues Porath.

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 industryâs 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 builderâs communities, has participated with Habitat for Humanity Sarasotaâs Veterans Build program, and has been involved with Special Olympics.
âSheryl 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,â says Alice Giedraitis, director of corporate communications, in Palmerâs nomination form. âThrough 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.â