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  • Departure Of Ceo (new) — President and COO Robert Parahus is retiring effective June 30, 2026, representing a planned leadership transition at the second-highest executive level.
NYSE: TOL Toll Brothers, Inc. 8-K

Toll Brothers President and COO Robert Parahus to retire; Seth Ring promoted to succeed

Filed May 13, 2026 · Period ending May 12, 2026 · ~1 min read

Key Changes

  • high

    President and COO Robert Parahus retiring June 30, 2026 after long tenure; will serve as senior advisor for one year receiving $1.85M in cash and equity compensation.

  • high

    Seth Ring, 46, promoted from EVP to President and COO effective June 30. Ring has 22 years at Toll Brothers, most recently leading West region operations and instrumental in $1.6B Shapell Homes acquisition.

  • medium

    Ring elected to Board of Directors, expanding board to 11 members. His term expires at 2027 annual meeting.

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Source-verified from EDGAR · Narrative written by AI · Jun 1, 2026 · How we verify