Home building giant PulteGroup Inc. (NYSE: PHM) reported Friday that one of its top executives, Harmon D. Smith, executive vice president and chief operating officer, plans to retire effective March 29, 2019.

Smith had served as executive vice president and COO for PulteGroup since February 2016. He oversees all day-to-day homebuilding operations, new home sales, architectural services and purchasing. Smith has held various leadership positions since joining the company in 1989.

Smith’s total…