Beacon names new vice president and chief accounting officer

Beacon has appointed Samuel Guzman, Jr. as its vice president and chief accounting officer.

The Herndon, Va.-based company said the appointment is effective immediately. Guzman assumes leadership of Beacon’s accounting organization and will oversee all the company’s accounting operations. 

Thomas Schmitz, who served as the company’s interim chief accounting officer, will remain with the company in a senior financial role.

Mr. Guzman comes to Beacon from Liquidity Services, Inc., a publicly traded global solutions provider in the asset management and supply chain sector, where he served as the vice president and chief accounting officer since 2018.

“We’re delighted to welcome Sam to the Beacon team,” said Frank Lonegro, EVP and CFO of Beacon. “His extensive, multi-faceted background will benefit us greatly as we leverage Beacon’s organic growth, digital platform and operational improvement strategies to drive shareholder value.”

Mr. Guzman added: “I’m very excited to join Beacon, a respected leader in the building products industry. I look forward to helping the Company deliver on its strategic goals and working with the team to continue building a best-in-class accounting organization.”

Beacon operates more than 500 locations in all 50 states and Canada.