Beacon Roofing Supply Announces the Departure of President and CEO Paul Isabella Later this Fiscal Year
February 22 2019 - 10:00AM
Business Wire
Beacon Roofing Supply, Inc. (Nasdaq: BECN) ("Beacon") announced
today that President and CEO Paul Isabella will leave the Company
later this fiscal year. Mr. Isabella will remain President and CEO,
and a Director, during the Company’s nationwide search for his
successor and will remain with Beacon through the transition of his
duties until his departure, after which he will remain an advisor
to the Company.
“Paul Isabella has provided 12 years of dedicated service to
Beacon,” said Robert R. Buck, Beacon's Chairman. "He has been a
valued leader to our executive management team, especially through
our recent transformative acquisitions of RSG and Allied. As part
of our Company’s succession-planning process, we have prepared for
Paul’s departure and we are glad that Paul is willing to remain
with Beacon through our on-boarding of a successor with the skills,
experience, and vision to lead Beacon to many more years of growth
in sales and profitability.”
“It remains my great pleasure to serve as Beacon’s President and
CEO through my departure and to continue to play a role in Beacon’s
growth and success,” added Paul Isabella. “A strong succession
planning process is critical to the long-term success of a great
Company and I look forward to helping Beacon ensure that my
successor will be well-equipped to lead Beacon to even greater
heights.”
About Beacon Roofing
Supply
Founded in 1928, Beacon Roofing Supply, Inc. is the largest
publicly traded distributor of residential and commercial roofing
materials and complementary building products, operating over 500
branches throughout all 50 states in the U.S. and 6 provinces in
Canada. To learn more about Beacon and its family of regional
brands, please visit www.becn.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190222005329/en/
Beacon Roofing Supply, Inc.Joseph Nowicki, Executive VP &
CFO571-323-3939JNowicki@becn.com
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