D.R. Horton Reports Sudden Passing Of Its Founder And Chairman Donald Horton; David Auld Named As Executive Chairman, Effective Immediately
Portfolio Pulse from Benzinga Newsdesk
D.R. Horton announced the sudden passing of its founder and chairman, Donald Horton. David Auld has been named as the new Executive Chairman, effective immediately.

May 17, 2024 | 10:32 am
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D.R. Horton announced the sudden passing of its founder and chairman, Donald Horton. David Auld has been named as the new Executive Chairman, effective immediately.
The sudden passing of the founder and chairman could create uncertainty and potential instability within the company. The immediate appointment of David Auld as Executive Chairman may help mitigate some concerns, but the market may react negatively in the short term due to the unexpected leadership change.
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