trending Market Intelligence /marketintelligence/en/news-insights/trending/s834euL5eq8wkiIL7X8GBQ2 content esgSubNav
In This List

PulteGroup director who sided with founder against CEO steps down

Blog

Global M&A by the Numbers: Q2 2022

Blog

SEC Climate Disclosure Requirements Heating Up: How to Take Action

Blog

Infographic 2022 Top Tech Trends Shaping Corporations

Blog

Middle East & Africa M&A by the Numbers: Q1 2022


PulteGroup director who sided with founder against CEO steps down

PulteGroup Inc.director James Grosfeld has resigned from the company's board, effective April 12.

Grosfeld, who served on the board's finance and investment committee,said he sees no "useful purpose" of remaining on the board, noting thathe has been excluded from numerous board meetings since March 22, according to anApril 12 filing.

The news comes just days after the company's lead independentdirector called founder Bill Pulte's campaign against CEO Richard Dugas "misguided,"and said actions by Grosfeldin calling for Dugas' ouster were "unacceptable" and "inexcusable."