Open Role
Chief Operating Officer
Operations
1 yr
12 reports
Taylor Morrison Home Corporation ·TMHC
CEO combines chair role with tightly held executive team
Engineering & Construction · Fortune #467 · Hybrid structure · 3K employees · Scottsdale, Arizona
View as of:
3
CEO span
↓ tighter than peers (avg 8)
2.9
Avg span
moderate
3
Max depth
3 levels
7.7 yr
Avg tenure
stable vs FY2024
33%
Internal hires
↓ below industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$8.1B
Net income
$782M
Total assets
$9.8B
Shares out
96M
Sourced from Taylor Morrison Home Corporation DEF 14A · filed 2026-04-10 ↗ View on SEC
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Taylor Morrison Home Corporation organizational chart
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Taylor Morrison Home features an unusually tight executive structure, with CEO Sheryl Palmer also serving as chair and overseeing just three direct reports. This page details the company’s leadership hierarchy, executive roles, governance, compensation, and how its centralized model compares with major homebuilding peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal David Merritt departed as Director
Retired from the Board effective the 2026 Annual Meeting on March 11, 2026.
Source · See change logScenario views in the chart
- Add Chief AI Officer Introduce a Chief AI Officer reporting to the CEO to accelerate adoption of data-driven construction and pricing tools.
- Separate Chair and CEO Roles Appoint an independent chair to reduce concentration of authority and strengthen board oversight.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
4 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Curt VanHyfte
Executive Vice President & Chief Financial Officer
Finance
5 yr
10 reports
Todd Merrill
Executive Vice President, Chief Legal Officer & Secretary
Legal
1 yr
8 reports
internal
Sheryl D. Palmer
President, Chief Executive Officer & Chair
Executive
17 yr
24 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 3 named executive officers disclosed. Bar length scales with total compensation.
Sheryl D. Palmer $10.1M
- Base salary
- $1.07M
- Bonus
- $414K
- Stock awards
- $5.60M
- Option awards
- $1.40M
- Non-equity incentive
- $1.55M
- Pension change
- $7K
- Other
- $31K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Curt VanHyfte $3.3M
- Base salary
- $641K
- Bonus
- $246K
- Stock awards
- $1.20M
- Option awards
- $300K
- Non-equity incentive
- $919K
- Pension change
- $26K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Todd Merrill $1.8M
- Base salary
- $422K
- Bonus
- $130K
- Stock awards
- $540K
- Option awards
- $135K
- Non-equity incentive
- $486K
- Pension change
- $5K
- Other
- $44K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
Proxy discloses stock retention policies but does not specify salary multiple requirements.
The businesses
How Taylor Morrison Home Corporation divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Homebuilding Operations
2K employees
Chief Operating Officer (Open Role)
Manages construction, land development, and day-to-day homebuilding activities across all markets.
Financial Services
400 employees
Executive Vice President & Chief Financial Officer (Curt VanHyfte)
Oversees mortgage, title, insurance services, treasury, and capital allocation.
Legal & Governance
100 employees
Executive Vice President, Chief Legal Officer & Secretary (Todd Merrill)
Handles legal affairs, compliance, governance, and regulatory matters.
The thesis
Why this org is unusual
The most distinctive structural feature is that Sheryl Palmer simultaneously serves as CEO and Chair while maintaining a very small number of direct executive reports.
The CEO has only three direct reports, concentrating decision-making authority at the top. This creates a relatively flat executive layer for a Fortune 500 homebuilder.
Below the C-suite, the organization expands functionally across finance, legal, and operations with vice presidents handling execution. The absence of multiple named regional presidents in the top tier suggests operational authority is consolidated under the COO role rather than distributed across geography. This structure supports tight financial and risk control in a cyclical industry.
- CEO also serves as Board Chair
- Very small CEO span of control
- No named regional presidents at C-suite level
The comparison
How Taylor Morrison Home Corporation stacks up
Compared with peers such as Lennar and D.R. Horton, Taylor Morrison operates with a notably smaller C-suite. Larger peers often include presidents of regions or divisions reporting directly to the CEO. Taylor Morrison instead emphasizes centralized functional leadership. This lean executive model aligns more closely …
C-suite size
Reporting depth
Taylor Morrison Home Corporation
3 levels
5 levels
D.R. Horton
5 levels
5 levels
Meritage Homes
4 levels
Avg C-suite tenure
Has COO / Has CAIO
Taylor Morrison Home Corporation ✓ COO — no CAIO
D.R. Horton ✓ COO — no CAIO
Meritage Homes ✓ COO — no CAIO
Current signals
What changed recently
The most significant recent change was the retirement of longtime legal chief Darrell Sherman and continued refreshment of the Board with Amanda Whalen’s appointment.
- departedDavid Merritt Director
Retired from the Board effective the 2026 Annual Meeting on March 11, 2026.
Source - newAmanda Whalen Independent Director
Appointed to the Board effective March 1, 2026 and named to the Audit Committee.
Source - departedDarrell C. Sherman Executive Vice President, Chief Legal Officer & Secretary
Retired from executive role effective May 31, 2025.
Source
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-04-10
- CEO
- Sheryl D. Palmer
- CEO span
- 3
- C-suite
- 3
- Avg tenure
- 7.7 yr
Leadership remained stable with Palmer continuing as CEO and Chair.
Named executive officers (3)
- Sheryl D. Palmer - CEO since 2008
- Curt VanHyfte - CFO since 2020
- Todd Merrill - Chief Legal Officer since 2025
FY2024
DEF 14A filed 2025-04-11
- CEO
- Sheryl D. Palmer
- CEO span
- 3
- C-suite
- 3
- Avg tenure
- 7.3 yr
Pre-retirement year for long-serving legal chief Darrell Sherman.
Named executive officers (3)
- Sheryl D. Palmer - CEO since 2008
- Curt VanHyfte - CFO since 2020
- Darrell C. Sherman - Chief Legal Officer since 2012
FY2023
DEF 14A filed 2024-04-10
- CEO
- Sheryl D. Palmer
- CEO span
- 3
- C-suite
- 3
- Avg tenure
- 8.1 yr
Highly tenured and unchanged executive team.
Named executive officers (3)
- Sheryl D. Palmer - CEO since 2008
- Curt VanHyfte - CFO since 2020
- Darrell C. Sherman - Chief Legal Officer since 2012
Year-over-year changes
Executive roles remained stable with gradual tenure dilution as time passed.
- Avg tenure: 8.1 → 7.3 yr
The key transition was the retirement of Darrell Sherman and appointment of Todd Merrill as CLO.
- Avg tenure: 7.3 → 7.7 yr
- departed Darrell C. Sherman - Chief Legal Officer (was Chief Legal Officer) (DEF 14A filed 2026-04-10)
- new Todd Merrill - Chief Legal Officer (DEF 14A filed 2026-04-10)
The board
Board of directors
8 directors. 7 of 8 independent (88%). Source: most recent DEF 14A.
Sheryl D. Palmer
Chair Inside
CEO, Taylor Morrison Home Corporation
Peter Lane
Lead Indep. Independent
Former Executive
Anne L. Mariucci
Independent
Former Technology Executive
Heather C. Ostis
Independent
Chief People Officer, Roblox
Andrea Owen
Independent
Former CEO, Herman Miller
Denise F. Warren
Independent
Former COO, Caesars Entertainment
Amanda Whalen
Independent
CFO, Klaviyo, Inc.
Christopher Yip
Independent
Global Strategy Executive
The board, organized
Board committees
3 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.
Audit Committee
100% independent
- Peter Lane Chair
- Amanda Whalen
- Denise F. Warren
Compensation Committee
100% independent
- Anne L. Mariucci Chair
- Andrea Owen
- Christopher Yip
Nominating & Governance Committee
100% independent
- Heather C. Ostis Chair
- Denise F. Warren
- Peter Lane
Frequently Asked Questions
Who is the CEO of Taylor Morrison Home Corporation?
Sheryl D. Palmer has served as President and CEO since 2008 and also chairs the board.
What type of organizational structure does Taylor Morrison Home Corporation use?
The company uses a hybrid functional structure with centralized executive control and functional leadership.
How many direct reports does Taylor Morrison Home Corporation's CEO have?
The CEO has three direct executive reports.
How has Taylor Morrison Home Corporation's leadership changed recently?
Recent changes include the retirement of legal chief Darrell Sherman in 2025 and board member David Merritt in 2026.
Does Taylor Morrison Home Corporation have a COO?
Yes, the company maintains a Chief Operating Officer role reporting directly to the CEO.
Sources
- 8-K Filing, Mar 17 2026
- 8-K Filing, Dec 16 2025
- Company Proxy Statement, Apr 2026
- SEC EDGAR: Taylor Morrison Home Corporation DEF 14A Proxy Statement
- SEC EDGAR: Taylor Morrison Home Corporation 10-K Annual Report
Reference
Cite this page
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APA 7th
Creately. (2026). Taylor Morrison Home Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/taylor-morrison-home/MLA 9th
"Taylor Morrison Home Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/taylor-morrison-home/. Accessed .Chicago 17
Creately. "Taylor Morrison Home Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/taylor-morrison-home/.Original SEC source View on SEC ↗
Taylor Morrison Home Corporation. DEF 14A. Filed 2026-04-10. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1562476/000114036126014261/ny20066962x771_def14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/taylor-morrison-home/ · last updated 2026-04-01