ARLINGTON, Texas, September 01, 2022–(BUSINESS WIRE)–D.R. Horton, Inc. (NYSE:DHI), America’s Builder, sadly announces that Michael W. Hewatt, a longtime member of the Company’s Board of Directors, passed away on August 25, 2022. Mr. Hewatt joined the D.R. Horton Board in 2005 and served as the Chair of the Audit Committee for over a decade. During Mr. Hewatt's tenure on the Board, the Company navigated multiple housing cycles and experienced tremendous growth, while significantly improving its capital efficiency, balance sheet strength and returns to shareholders. The Company greatly appreciates Mr. Hewatt’s many contributions and expresses its deepest condolences to his family.
Donald R. Horton, Chairman of the Board, said, "We are sad to announce the passing of our friend and longtime board member, Mike Hewatt. We are thankful for Mike’s dedicated service to the Company for so many years. He will be greatly missed by the D.R. Horton family."
About D.R. Horton, Inc.
D.R. Horton, Inc., America’s Builder, has been the largest homebuilder by volume in the United States since 2002. Founded in 1978 in Fort Worth, Texas, D.R. Horton has operations in 105 markets in 33 states across the United States and closed 81,469 homes in the twelve-month period ended June 30, 2022. The Company is engaged in the construction and sale of high-quality homes through its diverse brand portfolio that includes D.R. Horton, Emerald Homes, Express Homes and Freedom Homes with sales prices generally ranging from $200,000 to over $1,000,000. Through its mortgage, title and insurance subsidiaries, D.R. Horton provides mortgage financing, title services and insurance agency services for its homebuyers. The Company also constructs and sells both single-family and multi-family rental properties and is the majority-owner of Forestar Group Inc., a national residential lot development company.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220901005102/en/
Contacts
Jessica Hansen, 817-390-8200
Vice President of Investor Relations
In***************@dr******.com
” class=”link”>
In***************@dr******.com
Related Quotes
Investors can buy low cost index fund if they want to receive the average market return. But across the board there are…
‘It's been five months since the closing, and things are rocky between us. I'm getting pushback when I've asked for my share of the proceeds.’
In this article, we discuss the 6 stocks that Warren Buffett is decreasing stakes in. If you want to read about some stocks in the Buffett portfolio, go directly to Warren Buffett is Decreasing Stakes in These 3 Stocks. Warren Buffett of Berkshire Hathaway manages an equity portfolio worth more than $300 billion as of […]
Yahoo Finance Live anchors discuss the challenges ahead for chip stocks amid market volatility.
Shares of AMC Entertainment (NYSE: AMC) are falling 5.3% at 11:02 a.m. ET on Tuesday as the meme stock rally over the past month or so continues to fizzle out. Ever since AMC's preferred stock unit, AMC Preferred Equity (NYSE: APE), began trading on the market, the common shares have lost more than a quarter of their value. Confidence in the movie theater operator is waning because it's clear more dilution is coming.
Recently, Zacks.com users have been paying close attention to ChargePoint Holdings, Inc. (CHPT). This makes it worthwhile to examine what the stock has in store.
Tilray announced progress on adult-use legalization today, but it wasn't for the key U.S. market.
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has had an off year. Through the first eight months of 2022, Berkshire's shares have lost over 7% of their value. Berkshire's relative strength in this brutal market is proof positive that the Oracle of Omaha, along with his investment team, haven't lost their touch for stock picking.
The lawsuit claimed CFO Gustavo Arnal was involved in a scheme to artificially inflate the company’s value.
Famed investor Jeremy Grantham — known for predicting several asset bubbles in the past — says the S&P 500 is in a "superbubble."
Yahoo Finance's David Hollerith breaks down the latest news in the crypto markets.
Diamondback Energy, Pioneer Natural Resources and Matador Resources are part of The Zacks top Analyst Blog .
Bloom Energy Corporation ( NYSE:BE ) is possibly approaching a major achievement in its business, so we would like to…
In this article, we will look at the 10 cheap nuclear energy stocks to buy amid the energy war in Europe. If you want to explore similar stocks, you can also take a look at 5 Cheap Nuclear Energy Stocks to Buy Amid Energy War. Russia has been accused of weaponizing gas by G7 countries. […]
While stock and bond markets were closed for the Labor Day holiday in the U.S., the 24/7 nature of crypto means no respite from volatility.
In this article, we discuss 10 monthly dividend stocks to buy in September. You can skip our detailed analysis on dividend investing, and go directly to read 5 Monthly Dividend Stocks to Buy in September. Dividend stocks are on investors’ radars due to rising inflation and the risks of a possible recession. Investors are holding onto […]
Feeling bearish? Take shelter — and income.
Zacks.com users have recently been watching Intel (INTC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In this article, we discuss 15 stocks that BofA is recommending. If you want to see more stocks in this selection, click BofA Is Recommending These 5 Stocks. The Bank of America Corporation, or BofA, is an American multinational investment bank and financial services firm. BofA monitors a portfolio of select stocks that returned -2.9% […]
Verizon stock's yield of around 6.2% far exceeds that of the broader market. The S&P 500's yield is about 1.7%.
About Author
