PULTEGROUP, INC. (NYSE:PHM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On August 28, 2018, PulteGroup, Inc. (the “Company”) issued a press release announcing that Ms. Lila J. Snyder had been appointed to the Company’s Board of Directors on August 27, 2018.
Ms. Snyder will serve on the Company’s Audit Committee and its Finance and Investment Committee, and her term as director will continue until the 2019 annual meeting of shareholders. Ms. Snyder will receive the standard independent director compensation, including an annual cash retainer of $95,000 and an annual equity grant valued at $140,000, prorated for the current annual term based on the date of her appointment.
Ms. Snyder is the EVP and President, Commerce Services for Pitney Bowes, Inc. With Ms. Snyder’s appointment the Company’s Board of Directors has eleven members, ten of whom are independent.
The press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
PULTEGROUP INC/MI/ ExhibitEX-99.1 2 newboardmemberlilasnyder.htm EXHIBIT 99.1 – DIRECTOR PRESS RELEASE newboardmemberlilasnyder PULTEGROUP APPOINTS LILA SNYDER TO BOARD OF DIRECTORS ATLANTA,…To view the full exhibit click here
About PULTEGROUP, INC. (NYSE:PHM)
PulteGroup, Inc. is a homebuilder operating in the United States. The Company, through Pulte Mortgage LLC, is engaged in mortgage banking operations and title operations. The Company’s subsidiaries are also engaged in the homebuilding business. The Company operates through Homebuilding and Financial Services segments. The Company’s homebuilding business, includes the acquisition and development of land primarily for residential purposes within the United States and the construction of housing on that land. The Company’s brands include Pulte Homes, Del Webb and Centex. The Company, through its brands, offer a range of home designs, including single-family detached, townhouses, condominiums and duplexes. Its Homebuilding Operations segment operates through six geographical segments: Northeast, Southeast, Florida, Midwest, Texas and West. The Company conducts its Financial Services operations, which includes mortgage and title operations, through Pulte Mortgage LLC and other subsidiaries.
