Exhibit 99.1
FOR IMMEDIATE RELEASE
CONTACT:
media@taylormorrison.com
Cisco Executive to Join Taylor Morrison Board of Directors
Fletcher Previn strengthens homebuilder’s board with data security experience while company appoints second cohort of board fellows
SCOTTSDALE, Ariz., Nov. 12, 2024 – Taylor Morrison (NYSE: TMHC), a national homebuilder and land developer, has appointed Fletcher Previn to its Board of Directors effective Dec. 1. Additionally, William H. Lyon, who joined the board upon the Company’s acquisition of William Lyon Homes in 2020, is retiring at the end of November.
“Mr. Lyon’s impact on our company’s growth trajectory and evolution followed by his continued dedication as a member of our board for the last four years is deeply appreciated,” said Taylor Morrison Chairman and CEO Sheryl Palmer. “I will always be grateful for the trust Mr. Lyon and the family placed in Taylor Morrison to continue the legacy General William Lyon had in our industry and with homeowners for more than 60 years.”
“As we look to the next evolution of our board, we feel privileged to draw upon Mr. Previn’s experience in information technology and cybersecurity—critical areas to the homebuilding process that will ultimately help us better serve our future homebuyers,” added Ms. Palmer.
Mr. Previn’s deep tenure in driving information technology simplification and secure IT infrastructures at scale will bring critical perspective to Taylor Morrison’s operations. He currently serves as chief information officer for Cisco, with previous roles held at IBM and Walmart throughout his 20+ years of experience.
“I have long been a believer in the resounding impact agile and simplified IT infrastructures can have on the employee and customer experience, and a company’s overall business transformation strategy,” said Mr. Previn. “Taylor Morrison is at a pivotal point in its maturation and the opportunity to leverage technology to continue creating a successful, scalable business is exciting.”
Taylor Morrison’s Board Fellowship Program
Additionally, Citigroup Managing Director Anissa Dhouibi and Executive Coach and HR Consultant Analiza Wolf will serve as Taylor Morrison’s second cohort of board fellows as part of the homebuilder’s Board Fellowship Program.
Established in 2022, Taylor Morrison’s Board Fellowship Program provides underrepresented senior business leaders real world insights into the operation of a Fortune 500 company board that is expected to enhance their potential for securing formal director appointments at public companies
in the future. The program has the added benefit of bringing more diverse experiences and perspectives to Taylor Morrison’s board.
