Commenting on the appointment, Floyd Sherman, CEO, 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 & CFO. 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.
The company will conduct a search for a new CFO. Mr. Crow will also continue serving in that role until his replacement is found.
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.