PulteGroup CFO Bob O’Shaughnessy Announces Plan to Retire in 2025
PulteGroup (NYSE: PHM) has announced that Bob O'Shaughnessy, Executive Vice President and CFO, plans to retire at the end of 2025. As part of the company's succession plan, Jim Ossowski, currently Senior VP of Finance, will succeed O'Shaughnessy as CFO.
O'Shaughnessy will continue as CFO through early February 2025, then remain with PulteGroup as Executive VP until the end of 2025. Ossowski will be promoted to Executive VP and CFO effective February 2025, overseeing accounting, tax, audit, risk management, and treasury functions.
Ossowski brings 22 years of experience with PulteGroup, including managing the $16 billion homebuilding operations and the company's asset management committee. This transition highlights PulteGroup's focus on long-term succession planning and internal talent development.
PulteGroup (NYSE: PHM) ha annunciato che Bob O'Shaughnessy, Vice Presidente Esecutivo e CFO, prevede di andare in pensione alla fine del 2025. Come parte del piano di successione dell'azienda, Jim Ossowski, attualmente VP Senior di Finanza, succederà a O'Shaughnessy come CFO.
O'Shaughnessy continuerà a ricoprire il ruolo di CFO fino ai primi di febbraio 2025, per poi rimanere con PulteGroup come Vice Presidente Esecutivo fino alla fine del 2025. Ossowski sarà promosso a Vice Presidente Esecutivo e CFO, con effetto a febbraio 2025, supervisando le funzioni di contabilità, tasse, audit, gestione dei rischi e tesoreria.
Ossowski porta con sé 22 anni di esperienza con PulteGroup, incluso il management delle operazioni edilizie da 16 miliardi di dollari e del comitato di gestione degli asset dell'azienda. Questa transizione evidenzia l'attenzione di PulteGroup sulla pianificazione della successione a lungo termine e sullo sviluppo del talento interno.
PulteGroup (NYSE: PHM) ha anunciado que Bob O'Shaughnessy, Vicepresidente Ejecutivo y CFO, planea jubilarse a finales de 2025. Como parte del plan de sucesión de la empresa, Jim Ossowski, actualmente VP Senior de Finanzas, sucederá a O'Shaughnessy como CFO.
O'Shaughnessy continuará como CFO hasta principios de febrero de 2025, y luego permanecerá con PulteGroup como Vicepresidente Ejecutivo hasta finales de 2025. Ossowski será promovido a Vicepresidente Ejecutivo y CFO a partir de febrero de 2025, supervisando las funciones de contabilidad, impuestos, auditoría, gestión de riesgos y tesorería.
Ossowski aporta 22 años de experiencia en PulteGroup, incluyendo la gestión de las operaciones de construcción de viviendas por valor de 16 mil millones de dólares y el comité de gestión de activos de la empresa. Esta transición resalta el enfoque de PulteGroup en la planificación de sucesiones a largo plazo y el desarrollo del talento interno.
PulteGroup (NYSE: PHM)는 Bob O'Shaughnessy 부사장 겸 CFO가 2025년 말에 은퇴할 계획이라고 발표했습니다. 회사의 후계 계획의 일환으로, 현재 재무 부사장인 Jim Ossowski가 O'Shaughnessy를 CFO로서 이어받게 됩니다.
O'Shaughnessy는 2025년 2월 초까지 CFO로 계속 활동하며, 이후 2025년 말까지 PulteGroup의 부사장으로 남을 것입니다. Ossowski는 2025년 2월부터 부사장 겸 CFO로 승진하여 회계, 세무, 감사, 리스크 관리 및 재무 기능을 감독할 것입니다.
Ossowski는 PulteGroup에서 22년의 경력을 가지고 있으며, 160억 달러 규모의 주택 건설 사업 및 회사의 자산 관리 위원회를 포함한 업무를 담당했습니다. 이번 전환은 PulteGroup의 장기적인 후계 계획과 내부 인재 개발에 대한 집중을 강조합니다.
PulteGroup (NYSE: PHM) a annoncé que Bob O'Shaughnessy, Vice-Président Exécutif et CFO, prévoit de prendre sa retraite à la fin de 2025. Dans le cadre du plan de succession de l'entreprise, Jim Ossowski, actuellement VP Senior Finance, succédera à O'Shaughnessy en tant que CFO.
O'Shaughnessy continuera en tant que CFO jusqu'à début février 2025, puis restera avec PulteGroup en tant que Vice-Président Exécutif jusqu'à la fin de 2025. Ossowski sera nommé Vice-Président Exécutif et CFO à partir de février 2025, supervisant les fonctions de comptabilité, fiscalité, audit, gestion des risques et trésorerie.
Ossowski apporte 22 ans d'expérience chez PulteGroup, y compris la gestion des opérations de construction de maisons de 16 milliards de dollars et du comité de gestion des actifs de l'entreprise. Cette transition souligne l'engagement de PulteGroup envers la planification de la succession à long terme et le développement des talents internes.
PulteGroup (NYSE: PHM) hat bekannt gegeben, dass Bob O'Shaughnessy, Executive Vice President und CFO, plant, zum Ende des Jahres 2025 in den Ruhestand zu gehen. Im Rahmen des Nachfolgeplans des Unternehmens wird Jim Ossowski, derzeit Senior VP für Finanzen, O'Shaughnessy als CFO nachfolgen.
O'Shaughnessy wird bis Anfang Februar 2025 als CFO weiterarbeiten und dann bis Ende 2025 als Executive VP bei PulteGroup bleiben. Ossowski wird ab Februar 2025 zum Executive VP und CFO befördert und wird die Bereiche Buchhaltung, Steuern, Prüfung, Risikomanagement und Treasury überwachen.
Ossowski bringt 22 Jahre Erfahrung bei PulteGroup mit, darunter die Leitung der 16 Milliarden Dollar schweren Wohnbauoperationen und des Vermögensverwaltungsausschusses des Unternehmens. Dieser Übergang hebt das Engagement von PulteGroup für langfristige Nachfolgeplanung und die Entwicklung interner Talente hervor.
- Smooth leadership transition planned over an extended period
- New CFO has 22 years of experience within the company
- Demonstrates strong internal succession planning
- None.
Jim Ossowski, PulteGroup Senior Vice President, Finance, to Succeed O’Shaughnessy as CFO
O’Shaughnessy, who joined the Company in 2011, will continue to serve as PulteGroup CFO through year end and final certification of the Company’s 2024 financial statements in early February 2025. O’Shaughnessy will then remain with PulteGroup through the end of 2025 as Executive Vice President. In addition to supporting a smooth transition of CFO responsibilities, in 2025 he will continue to oversee the Company’s Financial Services business, strategic partnerships, and its asset management committee.
Ossowski has been promoted to Executive Vice President and Chief Financial Officer effective February 2025. At that time, he will report directly to PulteGroup President and Chief Executive Officer Ryan Marshall and have responsibility for PulteGroup’s accounting, tax, audit, risk management and treasury functions.
“During his 13 years with PulteGroup, Bob has been an outstanding leader and business partner who established many of the critical financial processes upon which our success has been built,” said Ryan Marshall, PulteGroup President and CEO. “Bob has been a key strategic advisor and architect of our Company’s transformation over the past decade. PulteGroup is a performance leader in the homebuilding industry because of the impact of Bob’s insights and strong financial stewardship.
“I’m also pleased to have Jim Ossowski join my senior leadership team, and his promotion into the CFO role highlights PulteGroup’s deep talent bench and long-term succession planning. Given his extensive experience with our field operations and the Company’s critical asset management committee, Jim has an unmatched understanding of our homebuilding operations, and I am confident that he is the right leader to advance our growth and track record of financial success,” said Marshall.
In his current role, Ossowski has responsibility for all finance and accounting activities for PulteGroup’s
Forward-Looking Statements
This release includes “forward-looking statements.” These statements are subject to a number of risks, uncertainties and other factors that could cause our actual results, performance, prospects or opportunities, as well as those of the markets we serve or intend to serve, to differ materially from those expressed in, or implied by, these statements. You can identify these statements by the fact that they do not relate to matters of a strictly factual or historical nature and generally discuss or relate to forecasts, estimates or other expectations regarding future events. Generally, the words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “plan,” “project,” “may,” “can,” “could,” “might,” “should,” “will” and similar expressions identify forward-looking statements, including statements related to any potential impairment charges and the impacts or effects thereof, expected operating and performing results, planned transactions, planned objectives of management, future developments or conditions in the industries in which we participate and other trends, developments and uncertainties that may affect our business in the future.
Such risks, uncertainties and other factors include, among other things: interest rate changes and the availability of mortgage financing; the impact of any changes to our strategy in responding to the cyclical nature of the industry or deteriorations in industry changes or downward changes in general economic or other business conditions, including any changes regarding our land positions and the levels of our land spend; economic changes nationally or in our local markets, including inflation, deflation, changes in consumer confidence and preferences and the state of the market for homes in general; labor supply shortages and the cost of labor; the availability and cost of land and other raw materials used by us in our homebuilding operations; a decline in the value of the land and home inventories we maintain and resulting possible future writedowns of the carrying value of our real estate assets; competition within the industries in which we operate; governmental regulation directed at or affecting the housing market, the homebuilding industry or construction activities, slow growth initiatives and/or local building moratoria; the availability and cost of insurance covering risks associated with our businesses, including warranty and other legal or regulatory proceedings or claims; damage from improper acts of persons over whom we do not have control or attempts to impose liabilities or obligations of third parties on us; weather related slowdowns; the impact of climate change and related governmental regulation; adverse capital and credit market conditions, which may affect our access to and cost of capital; the insufficiency of our income tax provisions and tax reserves, including as a result of changing laws or interpretations; the potential that we do not realize our deferred tax assets; our inability to sell mortgages into the secondary market; uncertainty in the mortgage lending industry, including revisions to underwriting standards and repurchase requirements associated with the sale of mortgage loans, and related claims against us; risks related to information technology failures, data security issues, and the effect of cybersecurity incidents and threats; the impact of negative publicity on sales; failure to retain key personnel; the impairment of our intangible assets; the disruptions associated with the COVID-19 pandemic (or another epidemic or pandemic or similar public threat or fear of such an event), and the measures taken to address it; and other factors of national, regional and global scale, including those of a political, economic, business and competitive nature. See Item 1A – Risk Factors in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 for a further discussion of these and other risks and uncertainties applicable to our businesses. We undertake no duty to update any forward-looking statement, whether as a result of new information, future events or changes in our expectations.
About PulteGroup
PulteGroup, Inc. (NYSE: PHM), based in
For more information about PulteGroup, Inc. and PulteGroup brands, go to pultegroup.com; pulte.com; centex.com; delwebb.com; divosta.com; jwhomes.com; and americanwesthomes.com. Follow PulteGroup, Inc. on X: @PulteGroupNews.
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Investors: Jim Zeumer
(404) 978-6434
jim.zeumer@pultegroup.com
Source: PulteGroup, Inc.
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