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Building materials distributor Stock Building Supply Holdings, LLC, Raleigh, NC, No. 2 on MDM's list of the top 10 building materials and construction distributors, has appointed Jeffrey G. Rea as president and CEO. Rea most recently served as president of Tyco Electronics Specialty Products Group, which was comprised of four separate global businesses.
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"Jeff is an outstanding executive who brings to Stock a wide array of senior executive-level experience, a strong cross functional skill set, and exceptional leadership. We are confident he will be an excellent CEO," stated Tim Meyer, chairman of the board of Stock and managing director for The Gores Group.
Jointly owned by private equity firm The Gores Group and UK-based Wolseley plc, Stock operates in 21 U.S. residential markets.