D.R. Horton elects David Auld as COO

D.R. Horton, Inc. has promoted David Auld to the position of EVP and COO, where he will oversee the company's homebuilding regions and help guide its operations.

Auld has been with the company since 1988, joining initially as president of the Orlando division. He was promoted to president of the company's East region in 2005. His resume also includes stints with Texas American Bank and General Dynamics.

“We welcome David to the new position of Chief Operating Officer," said Donald Horton, chairman of the board. "He has been an influential leader on our D.R. Horton team for 25 years, and his performance as both a division and region president made this an easy decision. His strong financial background and his extensive experience in homebuilding operations will strengthen our executive team.”

“David has been instrumental in leading our East Region for the past eight years and is an integral part of the D.R. Horton team," said president and CEO Donald Tomnitz. "We are very fortunate to have the depth and breadth of his leadership in our organization, and I am excited for David in his new role within the Company."