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California Drywall announced a significant milestone in the company’s history. Effective Aug. 14, California Drywall transitioned to a 100 percent Employee Stock Ownership Plan, ensuring a bright and sustainable future for the company and its dedicated employees.
Benjamin Obdyke, a pioneering manufacturer of roofing and other building envelope products, announced its transition to an Employee Stock Ownership Plan company after more than 155 years as a privately-owned concern.
ARCO Design/Build has announced a transition in key leadership, as Rick Schultze, Co-Founder and Co-Chairman of the parent company, retires as Chief Executive Officer and continues to serve as Co-Chairman of the Board of Directors.
Super Stud Building Products, Inc. announced Feb. 13 that Don Allen, P.E., S.E., LEED AP, who has served as Super Stud’s Director of Engineering since 2014, will become Director of Technical Services for the Association of the Wall and Ceiling Industry.
CertainTeed, a leading North American manufacturer of building materials, today announced the launch of Terminus Transitions and Terminus Glazing Channels as new product extensions to the company’s Terminus Perimeter Trim line. The Terminus Perimeter Trim line is a premier suspension system accessory that allows for easy installation of suspended ceilings with exposed edges, including clouds, peninsulas and islands.
Engineering and construction organizations that invest in developing future leaders and building their businesses with multiple paths to owner liquidity are positioning themselves for long-term success
Handing over an organization’s reins to the next generation and transitioning ownership are never easy processes. For optimal results, the ownership transfer and management succession approach starts with identifying, selecting and developing key associates; ensuring that leadership roles are occupied by skilled, engaged individuals; and then cultivating them for success in their new roles.
GMS Inc. (NYSE:GMS) (the “Company”) announced that Doug Goforth, the Company’s Chief Financial Officer (CFO), plans to depart the company to explore leadership opportunities outside of GMS.