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PulteGroup appoints new CFO as O'Shaughnessy plans retirement

EditorEmilio Ghigini
Published 07/22/2024, 08:41 AM
PHM
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ATLANTA - PulteGroup, Inc. (NYSE: NYSE:PHM), a leading American homebuilding company, has announced an upcoming change in its executive leadership. Jim Ossowski, currently serving as Senior Vice President of Finance, is set to take over as Chief Financial Officer in February 2025, following the retirement of the current CFO, Bob O'Shaughnessy.

O'Shaughnessy, who has been with PulteGroup since 2011, will continue in his role until the end of the year and will oversee the final certification of the company's 2024 financial statements in early 2025.

Subsequently, he will serve as Executive Vice President through the end of 2025, assisting with the transition and managing the company's Financial Services business, strategic partnerships, and asset management committee.

Ossowski's promotion is part of PulteGroup's long-term succession planning and reflects the company's confidence in its internal talent pool. With a 22-year tenure at PulteGroup, Ossowski has extensive experience in finance and accounting within the company's operations.

His past roles include VP - Finance and Corporate Controller, VP - Finance, Homebuilding Operations, and Area VP – Finance. He holds a Bachelor of Science in Accounting from Oakland University in Michigan.

Ryan Marshall, PulteGroup President and CEO, praised O'Shaughnessy's contributions, stating that he has been instrumental in establishing financial processes crucial to PulteGroup's success and has played a significant role in the company's transformation over the past decade. Marshall also expressed confidence in Ossowski's capabilities to further the company's growth and maintain its financial performance.

PulteGroup, headquartered in Atlanta, maintains a presence in over 45 markets across the United States and offers a diverse portfolio of brands catering to various consumer demographics. The company emphasizes its commitment to building places where people can live out their dreams.

This transition plan is based on a press release statement and is intended to ensure a seamless handover of responsibilities while maintaining the company's strategic direction and financial integrity.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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