PulteGroup, Inc. announced that on May 16, 2023, Matthew Koart was appointed Executive Vice President and Chief Operating Officer of the Company, effective May 18, 2023 . The Board of Directors of the Company determined that Mr. Koart was the most qualified candidate for the COO position following an extensive search. Mr. Koart, age 59, will join the Company after having served as Chief Executive Officer of Shapell Industries from 2008 to 2011 and having owned and operated a real estate development business over the last 12 years.

Since 2011, Koart 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, including supplying entitled and developed lots to the production homebuilding industry. Prior to founding his own company, Koart was CEO of Shapell Industries, a California-based diversified real estate company involved in both residential and commercial construction. From 1996 to 2008, Koart spent 12 years with PulteGroup, advancing through a series of leadership roles serving as a division, region and area president.

He earned both a BS and Juris Doctor from the University of Southern California.