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Gregg Ziegler Named CFO, Leading Toll Brothers Financial Plans

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Business Honor - Gregg Ziegler Named CFO Leading Toll Brothers Finance Plans

Business Honor
11 July, 2025

Toll Brothers appoints their new CFO—Gregg Ziegler, strengthening financial plans even with a declining housing market.

Toll Brothers, Inc. (NYSE:TOL), the largest luxury homebuilder in the United States, announced their new CFO—Gregg Ziegler. Replacing Marty Connor, who has served for 17 years and continues to serve as a senior advisor to make an easy transition.

In the new post, Ziegler will handle departments that include finance, treasury, taxes, auditing, investor relations, and IT. With 23 years of experience at Toll Brothers as Investor Relations and Treasurer, and Senior Vice President. Chairman and CEO Douglas C. Yearley, Jr., stated, "Gregg has a strong connection with our banking partners and an in-depth knowledge of our activities." "He has the ability to manage the finance department in the future because of his experience."

The reason behind the leadership shift is Toll Brothers financial stability even with a declining housing market. With a strong financial health grade of 3.22 from InvestingPro, it is estimated at $12.06 billion with a P/E ratio of 9.01. They recently completed a $500 million offering of 5.600% Senior Notes that are due in 2035 with the goal to lower debt and support basic business needs. S&P Global Ratings improved the company's credit rating from "BBB-" to "BBB," suggesting the increased debt management and finances.

Analysts on Wall Street hold different views. RBC Capital Markets maintained its Outperform rating with a $133 goal, highlighting the company's strong profits, while JPMorgan and KBW lowered their price goals to $139 and $120, correspondingly. With the new CFO, Toll Brothers aims to maintain solid leadership along with careful financial preparation for managing an evolving real estate market as Ziegler is preparing to hand over control.