View all news

Stuart Randle Elected to Beacon Roofing Supply's Board of Directors

February 27, 2006

PEABODY, Mass.--(BUSINESS WIRE)--Feb. 27, 2006--Beacon Roofing Supply, Inc. (Nasdaq: BECN) ("Beacon" or the "Company") today announced the shareholder election of Stuart A. Randle, President and Chief Executive Officer of GI Dynamics, Inc., to its Board of Directors. Beacon Roofing Supply is a leading distributor of roofing materials and complementary building products with 145 branches in 30 states and in Eastern Canada.

Since 2004, Mr. Randle has served as President, CEO and Director of GI Dynamics, a venture backed healthcare company. Previously, he was an Entrepreneur-in-Residence for Advanced Technology Ventures, a healthcare and IT venture capital firm. From 1998 to 2001, he was President, CEO and a director of Act Medical, Inc. Mr. Randle also currently serves as a director of Specialized Health Products, International, a Nasdaq-traded company.

Mr. Randle holds a BS in mechanical engineering from Cornell University and an MBA from the Kellogg Graduate School of Management, Northwestern University.

"We are very pleased to welcome Stuart to our Board of Directors," said Robert R. Buck, Beacon's President and CEO. "His executive and director experience, including success in growth situations and with acquisitions, will be a valuable asset for us as we move forward with our planned continued growth."

"I am excited about joining Beacon's Board of Directors," said Stuart Randle. "The Company has already accomplished a great deal since becoming a public company and I look forward to working with them and the other Board members to continue the company's growth and success."

Forward-Looking Statements:

This release contains information about management's view of the Company's future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but not limited to, those set forth in the "Risk Factors" section of the Company's latest Form 10-K. In addition, the forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward- looking statements at some point, the Company specifically disclaims any obligation to do so other than as required by federal securities laws. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release.

CONTACT: Beacon Roofing Supply, Inc.
Dave Grace, 978-535-7668 x14

SOURCE: Beacon Roofing Supply, Inc.

View all news