Cedar Creek has appointed Alex Averitt to succeed D. Wayne Trousdale as the President and CEO of the company, effective September 15, 2017. Additionally, Mr. Averitt has also been appointed to the Board of Directors, as the company says in the press release received by Lesprom Network.
The promotion of Mr. Averitt, who has served as the Chief Operating Officer since 2015, is part of the company’s succession planning process. Mr. Trousdale, a founding partner of the company who has served as the CEO since 2015, will be promoted to the role of Executive Chairman of the Board of Directors. Bill Adams is retiring from the non-executive chairman position and will continue to serve on the company’s board.
Mr. Averitt joined Cedar Creek in 2005 as a sales manager and has fulfilled various roles for the company. Immediately before serving as COO, he was the Vice President of IT. Prior to working for Cedar Creek, Alex gained experience as a general manager of both distribution and manufacturing operations for JELD-WEN Inc.
Cedar Creek is a building material distribution company with 31 locations servicing 32 states.