The 2020 Mid-Year Economic Update_long

LMC Names Kane as SVP of Finance and Technology

Kane, who spent 16 years at Omega Flex Inc., steps into the role vacated by Paul Ryan, who was recently named as LMC’s president and CEO.
Stack of new wooden studs at the lumber yard

LMC, which is based in Wayne, Pa.  has named Paul Kane as its senior vice president of finance and technology. Kane takes over that role after it was vacated by Paul Ryan, who was promoted to president and CEO after John Somerville retired from those positions in June.

Kane spent 16 years at Omega Flex Inc., a publicly traded manufacturing company that produces flexible metal hoses in Exton, Penn., with the last 13 as chief financial officer and treasurer. Prior to Omega Flex, Kane spent time in senior finance roles at Ernst & Young, Foamex International, and US Vision.

“Paul’s extensive finance and business background makes him an excellent fit for his role at LMC,” said Ryan. “We are excited to have him join our outstanding team and look forward to his contributions that will elevate LMC to even greater heights as an industry leader.”

Founded in 1935, LMC is a forest products and building materials buying group owned by independent lumber and building material dealers across the U.S.

Related Posts

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.