Ryan Marshall has been named president of PulteGroup and Harmon Smith has been named chief operating officer, according to a company release on Monday.
Marshall previously was executive vice president of home building operations, and Smith previously was executive vice president of field operations. Richard J. Dugas, Jr. remains chairman and CEO of the company.
From the company release: In his new role as President, Mr. Marshall is responsible for PulteGroup's home building operations and its marketing and strategy departments with P&L responsibility for approximately 90% of the Company.Mr. Marshall will continue to report to Richard Dugas. As Chief Operating Officer, Mr. Smith will continue overseeing day-to-day home building operations, while now managing additional functions including new home sales, architectural services. and purchasing. Mr. Smith will report to Mr. Marshall.
"I am extremely pleased and proud to announce the promotions of Ryan to President of PulteGroup and Harmon to Chief Operating Officer," said Mr. Dugas. "Both have made important contributions to PulteGroup over the past several years and have distinguished themselves as leaders. I look forward to working even more closely with them as PulteGroup continues to focus on growing its revenues and earnings, while generating high returns on invested capital and consistently returning funds to shareholders."