10 Things You Didn’t Know about D.R. Horton CEO David Auld

David Auld is both the CEO and the President of D.R. Horton. Due to this, he is a figure of some importance in the U.S. real estate market, seeing as how D.R. Horton is one of the biggest home builders in the United States. Here are 10 things that you may or may not have known about David Auld:

1. Went to Texas Tech University

For his education, Auld went to Texas Tech University. Said research university has a number of claims to fame, but one of the most unusual ones is its main campus. In short, the main campus has a Spanish Renaissance style, which has contributed much to it being considered one of the most beautiful campuses west of the Mississippi River.

2. Studied Business Administration

In school, Auld studied business administration, which isn’t a single discipline so much as a collection of disciplines that share a common goal. His particular specialty was accounting, which is very useful for people who want to get into business because that is the field that provides them with the quantitative information that they use in their decision-making processes.

3. Worked at Texas American Bank

Before he signed up with D.R. Horton, Auld spent some time working at Texas American Bank. Said institution no longer exists in the present time, having been subjected to more than one buy-out.

4. Worked at General Dynamics

Besides Texas American Bank, Auld worked at General Dynamics as well. Said corporation should be known to most people for a couple of things. One would be its aerospace component. The other would be its defense component, which encompasses a much wider range of products. Some examples include but are not limited to aircraft, watercraft, and missile systems.

5. Became a Division President in 1988

In 1988, Auld became a Division President at D.R. Horton. As such, he oversaw the operations centered upon Orlando, seeing as how he was the Division President in charge of the Orlando Division. In total, he spent seven years in said position, which paved the way for his further rise at the corporation.

6. Promoted to Regional President in 2005

This can be seen in how Auld was promoted to Region President in 2005. By that point, he was no longer limited to overseeing either Orlando or even the state of Florida. Instead, his responsibilities had grown to encompass the state of Florida as well as the states of Alabama, Georgia, North Carolina, and South Carolina.

7. Promoted to Executive Vice President and Chief Operating Officer in 2013

From the position of Region President, there wasn’t much further that Auld. In 2013, he was made both the Executive Vice President and the Chief Operating Officer for D.R. Horton. Since the Chief Operating Officer is responsible for overseeing the whole of a corporation’s operations, it is often the second in command on the corporate hierarchy. Something that seems to have been true in this case because it wasn’t too long before Auld received another promotion to President and CEO in 2014.

8. Runs the “Wal-Mart of Builders”

Auld is responsible for running a corporation that has been known to compare itself to the “Wal-Mart of Builders.” Essentially, this means that it focuses on selling more homes at a consistent pace rather than selling homes with the biggest possible profit margins. Something that seems to have worked out very well for it considering the size of its operations.

9. Oversaw Move into Entry-Level Market

Recently, Auld oversaw D.R. Horton’s entrance into the entry-level market. Its products for said market consists of homes with no frills, which is what enables their prices to remain between $120,000 and $150,000. That is still pretty expensive, but considering the housing prices that can be found in California and other booming real estate markets throughout the United States, that is nonetheless pretty cheap in context.

10. Has Made Note of the Poorer Results of High-End Homes

D.R. Horton has three brands, which are Express, Horton, and Emerald. Since Express is the entry-level brand, it should come as no surprise to learn that Horton is mid-level while Emerald is high-level. Auld has noted that the Emerald brand hasn’t been doing as well as the other two brands in recent times, which is a reflection of market-wide trends.


Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Beerud Sheth
10 Things You Didn’t Know About Beerud Sheth
Razorpay
20 Things You Didn’t Know About Razorpay
Biotmetric Surveillance
Five Companies Leading the Way in Biometric Surveillance
Cloud tech
What Is Cloud-First Enterprise Tech?
NFT Market
The Top Five NFT Marketplaces Out Right Now
Activist Investors
What Exactly is Activist Investing?
Apple Products
Five Stocks That Most Billionaire Investors Own
Venture Capital
The Rise of the Venture Capital Scene in Africa
Svalbard, Norway
The 20 Most Peaceful Places to Live in Europe
Squirrel Hill North
The 10 Richest Neighborhoods in Pittsburgh
Chestnut Hill
The 10 Richest Neighborhoods in Philadelphia
Curitiba
The 20 Best Places to Live in Brazil
Best Buick SUV Models
The 10 Best Buick SUV Models of All Time
McLaren Models
The Top Five 0-60 mph McLaren Models of All-Time
1998 McLaren F1 LM
The Five Most Expensive McLaren Models of All-Time
Review of the 2021 BMW X5 xDrive 45e
Hermes Klikti watch 17 x 16 mm
The Five Most Expensive Hermes Watches Money Can Buy
Louis Vuitton Tambour Daimer Cobalt Blue And Gold Chronograph 46
The Five Best Louis Vuitton Watches Money Can Buy
Chopard Alpine Eagle Ladies' Small
The Five Finest Gold Chopard Watches
Chopard
The Used Chopard Watch: A Buyer’s Guide
Catherine Bell
How Catherine Bell Achieved a Net Worth of $15 Million
Josh Duhamel
How Josh Duhamel Achieved a Net Worth of $18 Million
Gabby Douglas
How Gabby Douglas Achieved a Net Worth of $4 Million
Liza Minelli
How Liza Minnelli Achieved a Net Worth of $50 Million