Toll announces new COO/president

Toll Brothers announced last week that Zvi Barzilay, 65, its chief operating officer and president, will be retiring effective December 31, 2011, according to a press release. He will be succeeded by Richard T. Hartman, who will serve as chief operating officer and executive vice president, effective January 1, 2012. Hartman, 54, currently a regional president, joined Toll Brothers in 1980.

Toll Brothers builds an array of luxury residential communities, principally on land it develops and improves: single-family detached and attached home communities, master planned resort-style golf communities, and urban low-, mid- and high-rise communities. Toll serves move-up, empty-nester, active-adult, and second-home buyers and operates in 19 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas, and Virginia.

For more information, visit www.tollbrothers.com.