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PulteGroup appoints three new independent directors

PulteGroupPulteGroup, Inc., a homebuilding company, announced that it has appointed John R. Peshkin, Scott F. Powers, and Joshua Gotbaum, to its board of directors.

John R. Peshkin is Founder and Managing Partner at Vanguard Land, LLC, a private real estate investment group focused on the acquisition and development of residential and commercial properties throughout Florida.

READ MORE PulteGroup names chief marketing officer

He was previously the founder and Chief Executive Officer of Starwood Land Ventures, an affiliate of Starwood Capital Group Global, a real estate private equity firm.

Mr. Peshkin spent 24 years with Taylor Woodrow plc, serving as its North American CEO and President from 2000 to 2006.

Mr. Peshkin has served on the Boards of Directors of Standard Pacific, WCI Communities Inc., and Monarch Development Corporation.

He received a B.S. in Finance from Lehigh University and is a licensed contractor and real estate broker in Florida.

Scott F. Powers is a financial services executive with deep experience in asset management. He held leadership positions at State Street Corporation from 2008 to 2015, most recently as Executive Vice President of State Street Corp. and President and Chief Executive Officer of State Street Global Advisors.

He previously served as President and Chief Executive Officer of Old Mutual USA and Old Mutual Asset Management from 2001 to 2008. He also held executive roles at Mellon Financial Corporation and Boston Company Asset Management.

Mr. Powers is a member of the Board of Directors of Sun Life Financial, Inc., where he serves on the Governance, Nomination & Investment Committee and the Management Resources Committee.

He holds a B.A. in Economics from Harvard College.

Hon. Joshua Gotbaum has extensive experience in business and finance as well as in public service.

Currently a Guest Scholar in the Economic Studies Program at the Brookings Institution, Mr. Gotbaum directed the U.S. Pension Benefit Guaranty Corporation from 2010 to 2014 and was Operating Partner at Blue Wolf Capital Management from 2006 to 2010. He led and managed Hawaiian Airlines as the Chapter 11 Trustee from 2003 to 2005.

Earlier in his career Mr. Gotbaum was an investment banker at Lazard, specializing in mergers, acquisitions, and restructurings in North America and Europe.

He also held various senior level positions in the U.S. government, including as Executive Associate Director and Controller at the President's Office of Management and Budget, as Assistant Secretary of Treasury for Economic Policy at the Department of Treasury, and as Assistant Secretary for Economic Security in the Department of Defense. He has also held positions at the White House and the Department of Energy.

Mr. Gotbaum previously served as a director of TD Bank and Safety-Kleen Systems, Inc., in addition to serving on the boards of several non-profit institutions.

He holds a J.D. from Harvard Law School, a M.P.P. from the Harvard Kennedy School of Government, and a B.A. from Stanford University.


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