1. Elliott Proves Board Influence at PulteGroup

    Elliott Proves Board Influence at PulteGroup

    A boardroom shuffle hidden in a recent securities filing suggests that PulteGroup ( PHM ) , one of the largest U.S. homebuilders, is moving definitively in the share-price catalyst direction sought by activist investor Elliott Management 's Paul Singer and former CEO William Pulte. In a proxy statement issued last month, PulteGroup noted that the company's lead independent director, James Postl, was not renominated for the company's 2017 annual meeting, set for May 3...

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