Editor's note: This story originally ran Wednesday with an incorrect headline identifying Chad Crow as incoming President and CEO, rather than President and COO.
DALLAS — Builders FirstSource, Inc., a supplier and manufacturer of structural and related building products for residential new construction in the United States, has 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.