Toll Brothers has promoted Seth J. Ring to president and chief operating officer, replacing Robert Parahus who is retiring after 40 years with the company. This move highlights the importance of internal succession and deep operational experience for navigating current market challenges such as high interest rates and land scarcity.Builders and partners can anticipate continued strategic focus on disciplined expansion in high-growth markets like California and Arizona under Ring's leadership.
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Ali NematiWritten by Ali
