Apogee Enterprises, Inc. announced that it has selected Nisheet Gupta as the company’s next Executive Vice President and Chief Financial Officer, effective June 15, 2020. Gupta will succeed James Porter, who announced his planned retirement last December. Porter will remain with the company through a short transition period, before beginning his retirement. Nisheet joins Apogee […]
Patrick Industries, Inc. Announces Resignation of Chief Financial Officer; John A. Forbes Named as Interim CFO
Patrick Industries, Inc. (“Patrick” or the “Company”), a major manufacturer and distributor of component and building products for the recreational vehicle, marine, manufactured housing and industrial markets, today announced that Joshua Boone, Chief Financial Officer, has resigned to accept a senior leadership position with another publicly traded company. Mr. Boone, who has served as the […]
Kodiak Celebrates Leadership Appointments
Kodiak announced several appointments at the Operating Leadership level across its companies. AO Door (Texas), Direct Lumber and Door (Colorado), American Builders Supply (Florida), and Arizona Wholesale Supply (Arizona) are all the beneficiaries of these dynamic leaders. Linda Hawkins was named as President at AO Door in October 2019. She leads a very successful commercial door […]
BlueLinx Expands National Sales Team
BlueLinx Holdings, Inc. (“BlueLinx”), a leading distributor of building and industrial products in the United States has expanded its National Accounts team. BlueLinx’s national customer base will be supported by two teams: one promoting growth with pro dealers, specialty distributors, coops, national builders and national OEMs while the second team will be focused on its […]
Freddie Mac: Mortgage Rates Hit Another All-Time Low in May 28th Report
Freddie Mac released the results of its Primary Mortgage Market Survey® (“PMMS”®), showing that the 30-year fixed-rate mortgage (“FRM”) averaged 3.15 percent. “The 30-year fixed-rate mortgage has again hit the lowest level in our survey’s nearly 50-year history, breaking the record for the third time in just the last few months,” said Sam Khater, Freddie Mac’s […]
Lumber Liquidators Announces Charles E. Tyson as President & CEO and Reports First Quarter 2020 Financial Results
Lumber Liquidators (the “Company”), a leading specialty retailer of hard-surface flooring in North America, announced that Charles E. Tyson has been named President and Chief Executive Officer, and has been appointed to the Company’s Board of Directors, effective May 27, 2020. Mr. Tyson was appointed Interim President and Principal Executive Officer on February 5, 2020. […]
Lee Roy Jordan Lumber Announces Partnership with NewTechwood
LRJ Lumber Company has partnered with NewTechwood company. With this newly launched affiliation customers will be provided with durable decking and siding made from composite woods. Lee Roy Jordan (“LRJ”) Lumber Company has announced its partnership with NewTechwood decking and siding company. The aim of the partnership is for LRJ to distribute NewTechwood decking and […]
Katerra CLT Factory Receives Chain of Custody Certifications
Katerra, a technology company redefining the construction industry, announced that its cross-laminated timber (“CLT”) factory has earned Chain of Custody (“CoC”) certifications under three major certification programs: Sustainable Forestry Initiative® (SCS-SFI/COC-007240), Forest Stewardship Council® (FSC-C156195), and the Programme for the Endorsement of Forest Certification (PEFC/29-31-382). Katerra worked with SCS Global Services – an international leader […]
Tempur Sealy Provides Update on Second Quarter EBITDA Expectations
Tempur Sealy International, Inc. (“Company”) provided an update on its second quarter performance. Quarter-to-date orders have significantly improved and the Company now expects total second quarter net sales to be down approximately 30% compared to the prior year. This improvement in trends has been broad-based, driven by continued robust growth from global e-commerce, the re-opening […]
Aaron’s and Rooms To Go Team-Up to Provide PPE for COVID-19 Relief
Aaron’s, Inc., a leading omnichannel provider of lease-purchase solutions, and Rooms To Go have joined forces to provide Personal Protective Equipment to Grady Health System for use in Atlanta medical facilities impacted by the COVID-19 pandemic. “Given the tremendous need for PPE throughout Atlanta, Aaron’s is honored to partner with Rooms To Go to help […]