Industry & Services >> CEO Interviews >> May 10, 1999

Robert I. Toll – Toll Brothers Inc (tol)

A native of Elkins Park, a suburb of Philadelphia, PA, ROBERT I. TOLL earned a Bachelor of Arts Degree from Cornell University in 1963, and was awarded his LL.B. degree cum laude from the University of Pennsylvania Law School in 1966. He then joined the law firm of Wolf, Schorr and Solis-Cohen, Philadelphia. In 1967, Mr. Toll founded Toll Brothers, Inc. which today is the leading builder of luxury homes in the nation. In 1996, he was honored as America's Best Builder by the National Association of Home Builders (NAHB) and Builder Magazine. This is the third top honor bestowed upon Toll Brothers, making the Company the only national builder to win all three of the home building industry's highest accolades. In October 1995, Toll Brothers won the National Housing Quality Award presented by the NAHB and Professional Builder Magazine and Professional Builder Magazine previously named them Builder of the Year. In June 1996, he was chosen by a group of his peers to receive Ernst & Young's Master Entrepreneur of the Year Award. In March 1996, Robert was the Bronze Award winner in Financial World, CEO of The Year Competition. In October 1996 he was also the recipient of the Residential Building Industry's CEO Silver Award from The Wall Street Transcript. He now serves on the Board of Overseers of the University of Pennsylvania Law School and of the Cornell Real Estate School, as well as serving on the Board of Directors of the Southeastern Pennsylvania Chapter of the American Red Cross, Abington Hospital, and Beth Sholom Synagogue. He is also a member of the Mayor's Housing Partnership Council in Philadelphia. A sailing enthusiast, Mr. Toll is an offshore racer. He is also an avid skier, tennis player and golfer. Married to the former Jane Snyder, Robert is the father of Laurie, 28; Debbie, 26; Rachel, 21; Jacob, 17; and the stepfather of Joshua, 30. In 1991, Mr. and Mrs. Toll guaranteed two third grade classes comprising 58 Philadelphia inner-city elementary school children that they would pay for any and all college, vo-tech or continuing education. To help them prepare for college, Mrs. Toll works with the children one day a week. They also provide full time counselors, teachers' aides and summer programs for the children. The two of them are also involved in a remarkable young organization called Seeds of Peace which is sowing the seeds for a brighter, more secure future in the Middle East. Seeds works with the governments of Israel, Jordan, the Palestinian Authority, Egypt, Morocco, Tunisia, Qatar (the list is growing) to select promising Jewish, Muslim and Christian students to attend a summer coexistence camp in the United States as a means to a peaceful future in the Middle East. Profile
TWST: Give us a brief overview of Toll Brothers, your history, products,

customers?

Mr. Toll: I believe we're the nation's leading builder of luxury homes.

The company was started in 1967.