In the first interview we've seen with PulteGroup Richard Dugas since the public fight over board seats with company founder and top shareholder Bill Pulte, the CEO says he is hoping the fracas is now in the rear-view mirror. SaportaReport in Atlanta did the interview:
Atlanta-based PulteGroup is in a state of transition.
It reduced its workforce earlier this month – both nationally and at its corporate headquarters – to lower its overhead costs. It survived a public attack from its founder – William Pulte – against the board and CEO Richard Dugas. And the board is now searching for a new CEO given Dugas announcement that he plans to step down by May 2017.
Despite all these challenges, the company’s financials are doing well. In a recent telephone interview, Dugas said he was satisfied with how the company has weathered its recent storms.
“I’m certainly hoping that most of that tumultuousness is behind us,” Dugas said. “At the end of the day, I’m proud of how we’ve handled the situation. I have great respect for Mr. Pulte. I will always have a lot of respect for the Pulte family. That will not change.”