ARLINGTON, Texas–(BUSINESS WIRE)–Forestar Group Inc. today announced the promotion of Mark Walker to Chief Operating Officer (COO), effective October 1, 2022. In his new role as COO, Mr. Walker will be responsible for providing strategic direction to region and division leaders, deepening local market share and driving efficiencies.
Mr. Walker joined Forestar in 2019 as Region President overseeing operations in the East. His oversight responsibilities have consistently expanded throughout his tenure to include the Mid-Atlantic, North and Texas regions, accounting for 52% of the Company’s lots sold in the trailing twelve months ended June 30, 2022. Prior to joining Forestar, Mr. Walker was a Vice President in land acquisition and development at D.R. Horton, Inc. from January 2012 to January 2019. He has over 20 years of residential real estate experience and has held a variety of operational roles at both public and private homebuilders. Mr. Walker graduated from the University of Georgia with a Bachelor of Business Administration degree in general business.
Donald J. Tomnitz, Executive Chairman, said, “Mark has been a vital part of Forestar’s growth and success. He has a proven track record and a history of driving volume and revenue growth, streamlining processes and reducing costs. We are thrilled that Mark will help lead the Forestar team as the business continues to scale and capture market share.”
Daniel Bartok, CEO, said, “We are excited to welcome Mark to his new role as COO. He has been instrumental in opening new markets and building out our strong team. Mark’s breadth of skills and focus on execution, along with his prior experience at D.R. Horton and many relationships in the homebuilding industry, make him the ideal candidate to strengthen our senior management team and increase our bandwidth. We are fortunate to have a deep bench of talented leaders that continue to grow within our organization.”
About Forestar Group Inc.
Forestar Group Inc. is a residential lot development company with operations in 52 markets and 22 states. Based in Arlington, Texas, the Company delivered more than 18,500 residential lots during the twelve-month period ended June 30, 2022. The Company is a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002.
