Battle over PulteGroup goes public as founder, CEO Spar

William Pulte
PulteGroup CEO Richard Dugas. PHOTO: BRENDAN MCDERMID/REUTERS

By Chris Kirkham and Joshua Jamerson | The Wall Street Journal

A battle for control of the nation’s third-largest home builder went public as PulteGroup Inc. founder William J. Pulte and Chairman and Chief Executive Richard J. Dugas Jr. traded barbs and outlined competing visions for the company.

Mr. Pulte, the company’s founder and largest shareholder, blasted the CEO’s “lack of performance and repeated bad decision-making” in a letter to board members on Monday. That came after the company said Mr. Dugas agreed to step down, citing what the two sides called a disagreement over the builder’s direction.

Continued:

Share this!

Additional Articles

Top master-planned communities for 2024

By AZ Big Media Here are the Top 10 master-planned communities in Arizona, based on public voting for the 2024 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.