PulteGroup

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PulteGroup, Inc
Public
Traded as NYSEPHM
S&P 500 Component
Industry Residential Construction
Founded 1950
Headquarters Atlanta, Georgia
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.

History[edit]

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[edit]

  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. ^ Hufford, Austen (2016-09-08). "PulteGroup Chooses New CEO and Reaches Agreement with Founder". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-09-08. 

External links[edit]