Pulte’s Richard Dugas Builds a Better Mousetrap
Richard Dugas, CEO of Atlanta-based builder and developer Pulte Group, took a company that had suffered a significant hit after the 2008 economic downturn and shifted the strategy from owning real estate to building and selling homes. Three years in, the company has paid down $1 billion in debt and reintroduced a dividend to its shareholders, one higher than it has ever paid before.