The 2020 Mid-Year Economic Update_long

Builders FirstSource Completes Planned CEO Transition

Dave Flitman is now formerly CEO of Builders FirstSource after company completes transition of BMC merger.
Builders FirstSource acquisition

Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, on Thursday announced that Dave Flitman has been appointed CEO. The planned transition of the CEO role is taking place 90 days after the merger of Builders FirstSource and BMC Stock Holdings Inc., and the previously announced retirement plan of Chad Crow.

“This is truly an exciting time for Builders FirstSource. I firmly believe that growth is what’s at the heart of this merger — consolidating and expanding our reach in a fragmented industry, innovating and building on our value-add offerings, and giving our people the resources needed to deliver the enhanced service our customers expect from us,” Flitman said.

“By uniting our companies, we have increased our size and market position, and this strategic combination is a transformational step forward for our team members, customers and shareholders,” Mr. Flitman continued. “While we are still in the early phases of the integration process, the seamless transition and remarkable success that have defined our merger thus far would not have been possible without Chad’s leadership. I want to thank him for his dedication and guidance, and I wish him the very best in retirement.”

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