Connor had been assistant chief financial officer since late 2008, the Horsham, Pennsylvania-based company said in a statement today. The appointment is effective immediately.
“Marty’s background, long history with the company and intimate knowledge of financial systems, management and board of directors will make this a seamless transition,” Chief Executive Officer Douglas Yearley said in the statement.
Rassman, who was 65, was Toll Brothers’ chief financial officer since 1984 and a board member since 1996. He died Sept. 14 after being diagnosed with leukemia in 2008.
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