PulteGroup names Matthew Koart as COO, replacing retired John Chadwick

PULTEGROUP INC/MI/

Koart appointed EVP/COO effective May 18, 2023; replaces John Chadwick who retired April 21.
Base salary $750,000; AIP target $1.25M prorated; LTI target $2M (50% RSUs, 50% performance).
Eligible for growth incentive pool: 15% allocation prorated; monthly living stipend $3,500.
Koart previously CEO of Shapell Industries and founder of Koart Residential; former PulteGroup executive.
Board granted limited ethics code waiver for Koart's minority development interests and approved potential $179K escrow payment.

item 5.02 item 8.01 item 9.01

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Appointed

Matthew Koart

Executive Vice President and Chief Operating Officer

PHM · PULTEGROUP INC/MI/

Effective: 2023-05-18
Filed: May 16, 2023, 7:59 PM ET

On May 16, 2023, PulteGroup, Inc. (the “Company”) announced that Matthew Koart was appointed Executive Vice President and Chief Operating Officer (“COO”) of the Company, effective May 18, 2023 (the “Effective Date”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Matthew Koart was appointed as Executive Vice President and Chief Operating Officer at PULTEGROUP INC/MI/.

Action: appointed
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

On May 16, 2023, PulteGroup, Inc. (the “Company”) announced that Matthew Koart was appointed Executive Vice President and Chief Operating Officer (“COO”) of the Company, effective May 18, 2023 (the “Effective Date”).

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PULTEGROUP INC/MI/ filing history →

Source: SEC EDGAR

accession 0000822416-23-000024

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