PetSmart Vice President David Cone Joins Homebuilder Taylor Morrison as Chief Financial Officer

Finance Veteran Joins North America’s Largest Private Home Builder

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--National Homebuilder Taylor Morrison announced today that PetSmart Vice President David Cone will become the private homebuilder’s chief financial officer.

“David’s knowledge and depth of strategic and operational capability with over 17 years of financial experience in both the public and private corporate environment will be a tremendous asset to our company”

Taylor Morrison CEO and President Sheryl Palmer said Cone will join North America’s largest private homebuilder on October 15, 2012.

“David’s knowledge and depth of strategic and operational capability with over 17 years of financial experience in both the public and private corporate environment will be a tremendous asset to our company,” Palmer said. “We’re looking forward to putting his extensive experience to work for our company.”

Cone spent the past nine years at PetSmart, serving in various positions including vice president of financial planning and analysis, vice president of investor relations and treasury as well as director of accounting and reporting. Cone was responsible for leading the planning and forecasting of PetSmart as well as managing the company’s annual capital plan.

Prior to PetSmart, Cone worked for AdvancePCS, and PricewaterhouseCoopers. He holds a degree in accounting from the University of California Santa Barbara is a licensed certified public accountant.

For more information about Taylor Morrison and its communities, please visit www.taylormorrison.com.

About Taylor Morrison

Taylor Morrison is the largest North American privately-owned homebuilder based in the United States, as reported by Hanley Wood based on 2011 revenues. Headquartered in Scottsdale, Arizona, Taylor Morrison is a builder and developer of single-family detached and attached homes. Under the Taylor Morrison brand, the Company operates in Arizona, California, Colorado, Florida and Texas. Under the Monarch brand, the Company operates in Ontario, Canada where the Company builds and develops single-family detached and attached homes in both Toronto and Ottawa. Monarch also builds high-rise condominiums in Toronto. Taylor Morrison serves a wide array of homebuyers, including entry-level, move-up, luxury and active adult customers, through its innovative product mix.