D.R. Horton, Inc. announced the promotion of Paul J. Romanowski to President and his appointment to the Company?s Board of Directors, both which will be effective October 1, 2023. At that time, David V. Auld will transition from his current role as President to Executive Vice Chair of the Company?s Board of Directors. Michael J. Murray will continue to serve as Chief Operating Officer (COO) for the Company.

Auld has been the Company's President and CEO since October 2014 and has led the Company to significant growth in revenues, market share, earnings, cash flow generation and returns to shareholders, while substantially increasing the company?s financial strength and flexibility. Romanowski was named Co-COO in October 2021 with shared oversight of the company?s homebuilding operations nationwide and previously served as Region President overseeing all D.R. Horton homebuilding divisions in Florida, the Gulf Coast and five Mid-Atlantic states. Murray has held the role of COO since October 2014 and has been vital to the successful expansion, improvement and diversification of D.R. Horton?s operations during his tenure.