2023-05-16 17:35:43 ET
PulteGroup, Inc. ( NYSE: PHM ) said Tuesday that Matthew Koart has been named as executive vice president and chief operating officer, replacing John Chadwick who retired effective April 21.
Koart, who has nearly 30 years of experience in residential real estate, will join the homebuilder on May 18. Since 2011, he has been president of Koart Residential, Inc, a company he founded that was engaged in all facets of residential real estate acquisition, entitlement, development and construction.
“He has extensive expertise in both new home construction and land acquisition, entitlement and development, having run his own land company for the past decade after having served as CEO of Shapell Industries, a multi-billion dollar home builder and diversified real estate company,” PulteGroup President and CEO Ryan Marshall said of Koart.
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PulteGroup appoints Matthew Koart as chief operating officer