Cancel OK

SRS Announces the Appointment of Ryan Nelson as Chief Financial Officer

General News

SRS Distribution, Inc. announced that it has appointed Ryan Nelson to the role of Executive Vice President and Chief Financial Officer. He will report to Daniel R. Tinker, President and CEO, and succeeds R. Scott Vansant who will remain with the company as Executive Vice President. “This move reflects the ongoing succession planning that has been underway at SRS to ensure the continuity of financial and strategic leadership through and beyond our shareholders’ investment period,” said Tinker. “I have known Ryan since 2012 when he advised SRS on its first recapitalization, and we were fortunate to have him join us in 2019 as our SVP of M&A and Strategy, where he has taken us to an entirely new level. Ryan brings the passion, strategic mindset, and experience to help us build a world class distribution business. This decision also paves the path for Scott to assume an important operating role, while facilitating an effective transition of responsibilities to Ryan. I can’t thank Scott enough for all he has done and continues to do for the company and our shareholders.”

Prior to SRS, Mr. Nelson had a 20-year career in corporate development and investment banking, where he most recently served as a Managing Director of Harris Williams. Mr. Nelson has worked with private and public companies on merger and acquisition and capital raising transactions throughout his career, including extensive experience in the building products distribution industry. Mr. Nelson holds a bachelor’s degree in economics from the University of North Carolina at Chapel Hill and an MBA from the Darden School of Business at the University of Virginia.

About SRS Distribution

Founded in 2008 and headquartered in McKinney, TX, SRS has grown to become one of the largest and fastest growing building products distributors in the United States. Since our inception, we have established a differentiated growth strategy and entrepreneurial culture that is focused on serving our customers, partnering with our suppliers, and attracting the industry’s best talent. We currently operate under a family of distinct local brands encompassing more than 415 locations across 43 states. SRS Distribution is a portfolio company of Leonard Green & Partners, L.P. and Berkshire Partners LLC.

Source: SRS Distribution, Inc.