Form 8-K Builders FirstSource, For: Nov 04
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section�13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November�4, 2014
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Builders FirstSource, Inc.
(Exact Name of Registrant as Specified in its Charter)
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Delaware
(State or Other Jurisdiction of Incorporation)
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0-51357 | � | 52-2084569 |
(Commission File Number) |
� | (IRS Employer Identification No.) |
2001 Bryan Street, Suite 1600, Dallas, Texas 75201
(Address of Principal Executive Offices)
(214)�880-3500
(Registrant�s Telephone Number, Including Area Code)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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� | Written communications pursuant to Rule�425 under the Securities Act (17 CFR 230.425) |
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� | Soliciting material pursuant to Rule�14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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� | Pre-commencement communications pursuant to Rule�14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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� | Pre-commencement communications pursuant to Rule�13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Item�5.02.�������� Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November�4, 2014, the Board of Directors of Builders FirstSource, Inc. appointed Chad Crow as the company�s President and Chief Operating Officer. Mr.�Crow succeeds Floyd Sherman as President. Mr.�Sherman will continue as Chief Executive Officer.
Mr.�Crow, age 46, joined Builders FirstSource in 1999 as Assistant Controller and was promoted to Vice President and Controller in 2000. In 2009, Mr.�Crow was promoted to Senior Vice President and Chief Financial Officer. Prior to joining Builders FirstSource, he served in various positions at Pier One Imports. Prior to Pier One, Mr.�Crow spent five years at Price Waterhouse. Mr.�Crow is a CPA and received his B.B.A. degree in accounting from Texas Tech University in 1990.
In connection with his appointment to the new position, Mr.�Crow�s base salary was increased to $600,000 per year.
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Item�9.01. | ������Financial Statements and Exhibits |
(d) Exhibits.
See Exhibit�Index
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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BUILDERS FIRSTSOURCE, INC. | ||
By: | � | /s/ Donald F. McAleenan |
� | Donald F. McAleenan | |
� | Senior Vice President, General Counsel, and Secretary |
Dated: November�6, 2014
EXHIBIT INDEX
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Exhibit |
�� | Description |
99.1 | �� | News release reporting leadership changes at Builders FirstSource, Inc., issued by Builders FirstSource, Inc. on November�6, 2014. |
Exhibit 99.1
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For Immediate Release
Builders FirstSource Appoints Chad Crow as President
and Chief Operating Officer
November�6, 2014 (Dallas, TX) � Builders FirstSource, Inc. (NasdaqGS: BLDR), a leading supplier and manufacturer of structural and related building products for residential new construction in the United States, today announced that its Board of Directors has appointed Chad Crow, currently Senior Vice President and Chief Financial Officer, to the position of President and Chief Operating Officer.
Commenting on the appointment, Floyd Sherman, Chief Executive Officer, said, �Over the past fifteen years, Chad has been an integral part of our management team. From our rapid growth in the early 2000�s, through our initial public offering in 2005, throughout the housing recession and to present day, Chad has been an invaluable member of our management team. He is well-respected across our organization and in the investment community. His financial background, operational knowledge and leadership style will help our company continue to flourish as a leader in the building products distribution space.�
Mr.�Crow joined Builders FirstSource in 1999 as Assistant Controller and was promoted to Vice President�& Controller in 2000. In 2009, Mr.�Crow was promoted to Senior Vice President�& Chief Financial Officer. Prior to joining Builders FirstSource, he served in various positions at Pier One Imports. Prior to Pier One, Mr.�Crow spent five years at Price Waterhouse. Mr.�Crow is a CPA and received his B.B.A. degree in accounting from Texas Tech University in 1990.
The company will conduct a search for a new Chief Financial Officer. Mr.�Crow will also continue serving in that role until his replacement is found.
About Builders FirstSource
Headquartered in Dallas, Texas, Builders FirstSource is a leading supplier and manufacturer of structural and related building products for residential new construction. The company operates 55 distribution centers and 52 manufacturing facilities in 9 states, principally in the southern and eastern United States. Manufacturing facilities include plants that manufacture roof and floor trusses, wall panels, stairs, aluminum and vinyl windows, custom millwork and pre-hung doors. Builders FirstSource also distributes windows, interior and exterior doors, dimensional lumber and lumber sheet goods, millwork and other building products. For more information about Builders FirstSource, visit the company�s website at www.bldr.com.
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Contact: | � | |
Chad Crow | � | Marcie Hyder |
President, COO and CFO | � | Vice President and Corporate Controller |
Builders FirstSource, Inc. | � | Builders FirstSource, Inc. |
(214) 880-3585 | � | (214) 880-3551 |
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