PulteGroup

PulteGroup, Inc
Public
Traded as NYSE: PHM
S&P 500 Component
Industry Residential Construction
Founded 1950
Headquarters Atlanta, Georgia, United States
Key people
 William J. Pulte, Founder
Richard J. Dugas Jr, CEO
James R. Ellinghausen Sr. VP of HR
Revenue Increase$5.680 billion USD (2013)
Increase$528 million USD (2013)
Increase$2.620 billion USD (2013)
Total equity Increase$8.734 billion USD (2013)
Number of employees
 3,843 (2013)
Website www.pultegroupinc.com

PulteGroup, Inc (Pulte Homes) is a homebuilding company founded in 1950 by Bill Pulte in Oakland County, Michigan. It is now based in Buckhead, Atlanta, Georgia, United States.

History

In 2009, the company, then known as Pulte Homes Inc., bought rival Centex — creating the nation's largest homebuilding company — in a stock transaction worth $3.1 billion, including $1.8 billion of debt. [1] Pulte completed the acquisition of Centex February 23, 2010.[2][3]

In June 2013, Pulte announced it would move its headquarters to Buckhead, Atlanta, citing a better economic climate outside Metro Atlanta.[4]

In September 2016, Ryan Marshall was appointed CEO, replacing Richard J. Dugas Jr, who will be the executive chairman of the board through 2017.[5][6]

References

  1. ↑ GREEN, PENELOPE (November 30, 2012). "Under One Roof, Building for Extended Families". New York Times. p. 11/30/12 N.Y. Times A1.
  2. ↑ Wotapka, Dawn (August 19, 2009).Pulte Buys Centex, Tries Branding Strategy.Wall Street Journal, p. B3.
  3. ↑ "Pulte, Centex Shareholders Approve Merger". Reuters. Retrieved 4 April 2012.
  4. ↑ http://www.crainsdetroit.com/article/20130602/NEWS/306029948/pulte-move-more-a-hit-to-area-pride-than-home-industry#
  5. ↑ "What is Pulte up to?". 55places.com. Retrieved 26 March 2017.
  6. ↑ Hufford, Austen (2016-09-08). "PulteGroup Chooses New CEO and Reaches Agreement with Founder". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-09-08.
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