PulteGroup Nominates Ben Schall for Election to Board of Directors

ATLANTA--(BUSINESS WIRE)--PulteGroup (NYSE: PHM), the nation’s third-largest homebuilder, today announced the nomination of Benjamin (“Ben”) Schall for election as a new independent director to its Board of Directors (“Board”). Mr. Schall is Chief Executive Officer and President of AvalonBay Communities Inc. (NYSE: AVB), a leading multifamily real estate investment trust (REIT). Mr. Schall’s appointment would be effective immediately if elected by PulteGroup shareholders at its annual meeting scheduled for April 29, 2026.

“Mr. Schall brings more than two decades of senior executive experience leading large, diversified real estate platforms and overseeing nationwide operating portfolios,” said Thomas J. Folliard, Chairman of the Board of PulteGroup. “His expertise in capital allocation, operational oversight, corporate strategy, and stakeholder engagement, built through leadership roles across multiple publicly traded real estate companies, will bring tremendous value to the company and the Board.”

Prior to AvalonBay, he served as Chief Executive Officer, President, and Trustee of Seritage Growth Properties, where he led a national mixed-use and retail redevelopment platform. Earlier, he served as Chief Operating Officer of Rouse Properties, overseeing a large portfolio of regional malls across 21 states, and as Senior Vice President at Vornado Realty Trust, contributing to the management and development of office and retail assets in major U.S. markets.

A graduate of Swarthmore College with an MBA from Harvard Business School, Mr. Schall also serves as an industry leader in national real estate organizations, including Nareit, NMHC, and The Real Estate Roundtable, and is Co-Chair of the Board of University Settlement in New York.

About PulteGroup

PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Georgia, is one of America’s largest homebuilding companies with operations in more than 45 markets throughout the country. Through its brand portfolio that includes Pulte Homes, Centex, Del Webb, DiVosta Homes, 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; and jwhomes.com. Follow PulteGroup, Inc. on X: @PulteGroupNews.