Douglas C. Yearley Jr., CEO of Fort Washington-based homebuilding corporation Toll Brothers, was profiled by The Philadelphia Inquirer today.

According to the story, Yearley, now 65, joined the company in 1990 and has served as CEO since 2010. The company was founded by brothers Robert I. and Bruce E. Toll who grew up in an Elkins Park house their father built. The Tolls built their first two model homes in Cheltenham Township in 1967.

Toll Brothers completed 11,000 new homes in 2024 along with 22,000 apartments over the last decade. Their net income for fiscal year 2024 was $1.57 billion.

“We’re America’s Luxury Home Builder,” Yearley told The Inquirer. “We’ve risen to the challenge of satisfying the need people throughout the country have for something that’s embedded in American culture: home ownership.”

Robert I. Toll died in 2022. His younger brother, Bruce, retired from the company’s board of directors in 2016.

“Toll Brothers was founded here and grew up here. We’re a household name in Philadelphia, and like Philadelphia, we have a great loyalty to the brand,” Yearley said. “This company was founded on grit, and on being smarter and working harder than anyone else, and having a competitive drive that speaks to how Bob and Bruce were raised, and speaks to Philadelphia. We hate to lose.”

Yearley discussed how he climbed the ranks at Toll Brothers and lessons learned from his mentor Bob Toll in a Walker & Dunlop interview last February:

In May 2023, he was featured by CNBC’s ‘Squawk on the Street’:

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