Builders FirstSource Announces Planned Retirement of Chief Executive Officer in 2020
The Board of Directors has retained a leading global executive search firm to help identify a highly-qualified leader for the CEO position. Given the Company’s outperformance and future growth prospects, the Board is confident that a top-quality executive will be secured to build upon the Company’s strategic and financial accomplishments.
Mr. Crow said, “The Company’s financial and operational performance has been very strong over the past several years, and I am honored to have contributed to that success. Given my love for the Company and the strong working relationship with the Board and our extraordinary management team, it was a very difficult decision to retire. However, after 20 years of all-consuming effort, I have decided that it’s time for me to spend more time with my family and on other personal interests. Until my replacement is secured, it is my intention to ensure that our team builds on our success as we move through 2020.”
The Company reaffirms its full year 2019 outlook previously provided on
Statements in this news release that are not purely historical facts or that necessarily depend upon future events, including statements about expected market share gains, forecasted financial performance or other statements about anticipations, beliefs, expectations, hopes, intentions or strategies for the future, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on forward-looking statements. In addition, oral statements made by our directors, officers and employees to the investor and analyst communities, media representatives and others, depending upon their nature, may also constitute forward-looking statements. As with the forward-looking statements included in this release, these forward-looking statements are by nature inherently uncertain, and actual results may differ materially as a result of many factors. All forward-looking statements are based upon information available to
Builders FirstSource, Inc.
Source: Builders FirstSource, Inc.