PulteGroup Nominates Kristen Actis-Grande for Election to Board of Directors

Rhea-AI Summary

PulteGroup (PHM) nominates Kristen Actis-Grande as a new independent director to its Board of Directors. Actis-Grande, currently the CFO of MSC Industrial Direct Co., Inc., brings extensive finance and industry expertise to PulteGroup. Her appointment awaits shareholder approval at the upcoming annual meeting.

ATLANTA--(BUSINESS WIRE)-- PulteGroup (NYSE: PHM), the nation’s third-largest homebuilder, today announced the nomination of Kristen Actis-Grande, Executive Vice President and Chief Financial Officer of MSC Industrial Direct Co., Inc. (“MSC”) (NYSE: MSM), for election as a new independent director to its Board of Directors (“Board”). Ms. Actis-Grande’s appointment will be effective immediately if elected by PulteGroup shareholders at its annual meeting scheduled for May 6, 2024.

“Kristen is a strategic and accomplished business leader, and we are pleased that she is joining PulteGroup's Board," said Thomas J. Folliard, Chairman of the Board of PulteGroup. “Her comprehensive understanding of finance functions within large, public companies, along with her unique insights into the homebuilding industry and broader economy, will be of tremendous benefit as PulteGroup continues to successfully execute its disciplined operating strategy.”

Actis-Grande oversees and leads all finance-related functions for MSC, a leading North American distributor of a broad range of metalworking and maintenance, repair, and operations products and services. She is also responsible for the company’s corporate strategy, mergers and acquisitions and investor relations.

Prior to joining MSC, Actis-Grande served in various finance-related roles for 17 years at Ingersoll Rand Inc., including Chief Financial Officer for its Compression Technologies and Services Division from 2018-2020 and Chief Financial Officer for its Residential HVAC and Supply division from 2016-2018, which included the Trane and American Standard brands.

Actis-Grande holds an MBA from the Indiana University Kelley School of Business and a bachelor’s degree in finance from Lehigh University.

About PulteGroup

PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Georgia, is one of America’s largest homebuilding companies with operations in more than 40 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes, Del Webb, DiVosta Homes, American West and John Wieland Homes and Neighborhoods, the company is one of the industry’s most versatile homebuilders able to meet the needs of multiple buyer groups and respond to changing consumer demand. PulteGroup’s purpose is building incredible places where people can live their dreams.

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 Twitter: @PulteGroupNews.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240308229629/en/

Tim Chatlos

Office: 404-464-9041

Tim.Chatlos@PulteGroup.com

Source: PulteGroup, Inc.

FAQ

Who has PulteGroup nominated as a new independent director to its Board of Directors?

PulteGroup has nominated Kristen Actis-Grande, the Executive Vice President and CFO of MSC Industrial Direct Co., Inc., for election as a new independent director.

When will Kristen Actis-Grande's appointment be effective if elected?

Kristen Actis-Grande's appointment will be effective immediately if elected by PulteGroup shareholders at the annual meeting scheduled for May 6, 2024.

What are Kristen Actis-Grande's responsibilities at MSC Industrial Direct Co., Inc.?

Kristen Actis-Grande oversees all finance-related functions at MSC, including corporate strategy, mergers and acquisitions, and investor relations.

What is Kristen Actis-Grande's background in finance?

Kristen Actis-Grande has served in various finance-related roles for 17 years at Ingersoll Rand Inc. before joining MSC, including as CFO for different divisions.

What are Kristen Actis-Grande's educational qualifications?

Kristen Actis-Grande holds an MBA from Indiana University Kelley School of Business and a bachelor's degree in finance from Lehigh University.