PulteGroup (PHM) Declares $0.09 Quarterly Dividend; 1.7% Yield

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Go back to PulteGroup (PHM) Declares $0.09 Quarterly Dividend; 1.7% Yield

PulteGroup (PHM) Appoints New CEO

September 8, 2016 8:34 AM EDT

PulteGroup, Inc. (NYSE: PHM) announced that its Board of Directors has unanimously named Ryan Marshall, PulteGroup's President, as Chief Executive Officer effective immediately. Mr. Marshall, who has also become a member of the Board, succeeds Richard J. Dugas, Jr. who earlier this year announced his intent to retire. Mr. Dugas will continue as Executive Chairman of the Board through the Company's 2017 annual meeting of shareholders.

"After a thorough evaluation of internal and external candidates, the Board determined that Ryan was clearly the best-qualified person to lead PulteGroup as it continues to implement its... More