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PulteGroup

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PulteGroup, Inc
Company typePublic
NYSEPHM
S&P 500 Component
IndustryResidential Construction
Founded1950
HeadquartersAtlanta, Georgia
Key people
William J. Pulte, Founder
Richard J. Dugas Jr, CEO
James R. Ellinghausen Sr. VP of HR
RevenueIncrease$5.680 billion USD (2013)
Increase$528 million USD (2013)
Increase$2.620 billion USD (2013)
Total equityIncrease$8.734 billion USD (2013)
Number of employees
3,843 (2013)
Websitewww.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.

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.[5]

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. {{cite news}}: |access-date= requires |url= (help)
  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. ^ Hufford, Austen (2016-09-08). "PulteGroup Chooses New CEO and Reaches Agreement with Founder". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-09-08.
  • Official website
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