HERNDON, Va.--(BUSINESS WIRE)--
Beacon Roofing Supply, Inc. (the "Company") (NASDAQ: BECN) announced
today that it has added Douglas L. Young to its Board of Directors,
effective immediately.
Mr. Young is Executive Vice President of Lennox International, Inc.
(NYSE: LII), a global leader in the climate control industry. Mr. Young
joined Lennox in 1999 and since 2006 has served as the President and
Chief Operating Officer of Lennox's Residential Heating and Cooling
division, which had 2013 revenue of $1.6 billion. Prior to his tenure at
Lennox, Mr. Young spent 14 years at General Electric, where he held
several operational, marketing, sales and product management positions
in GE's consumer appliance division.
"We are very pleased to welcome Doug to our Board of Directors," said
Robert R. Buck, Beacon's Chairman. "His broad executive and operational
experience, particularly his current leadership role at a public company
as well regarded as Lennox, will be extremely valuable for Beacon as we
move forward with our planned continued growth." Mr. Young added: "I am
excited about joining Beacon's Board of Directors. Beacon's growth and
performance in the 10 years since its IPO has been impressive, and I
look forward to working with management and the other Board members to
continue to build value for our shareholders, customers and employees."
Beacon Roofing Supply, Inc. is a leading distributor of residential and
commercial roofing materials and complementary building products, with
sales for the Company's 2013 fiscal year exceeding $2.2 billion. As of
June 30, 2014, Beacon operated 254 branches in 40 states in the United
States and six provinces in Canada. To learn more about Beacon and its
family of regional brands, please visit www.becn.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: Statements in this press release regarding Beacon Roofing
Supply Inc.'s business which are not historical facts are
"forward-looking statements" that involve risks and uncertainties. For a
discussion of such risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
statements, see "Risk Factors" in the Company's Annual Report on Form
10-K for the most recently ended fiscal year.
BECN-F
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Beacon Roofing Supply, Inc.
Joseph Nowicki, 571-323-3940
Executive
Vice President & Chief Financial Officer
JNowicki@becn.com
Source: Beacon Roofing Supply, Inc.
News Provided by Acquire Media