BMC Stock names new CEO
BMC Stock, the Atlanta-based pro dealer, has named David Flitman as the company’s new president and CEO.
Flitman is expected to join the company no later than Oct. 1. He will also join the company’s board of directors once on board and succeed Dave Keltner who served as interim president and CEO since January. Keltner will continue to serve as a director.
BMC also announced that it is moving its headquarters and the office of the CEO to the company’s existing offices in Raleigh, N.C., effective Sept. 30.
Flitman most recently served as president and CEO of Performance Foodservice, the largest segment of Performance Food Group, a foodservice distribution company. Since going public 3 years ago, Flitman oversaw several acquisitions by Performance Food Group. Prior, he spent 3 years at Allegheny Power and had nearly a 20-year career at Dupont.
“We are pleased to welcome a leader of Dave Flitman’s caliber to the BMC team,” said David Bullock, BMC chairman. “Dave brings a wealth of knowledge and experience critical to BMC’s growth, operational excellence and customer service goals. His extensive manufacturing and distribution expertise, track record of execution in growing businesses and keen understanding of the importance of providing value-added products and services to customers make him the ideal person for this role.”
In a prepared statement released by BMC Stock this morning, Bullock also thanked Keltner for his leadership at the company. “Under his direction, BMC has reported significantly improved financial results versus the prior year and continued to strengthen its position in the marketplace.”
Last month BMC Stock reported BMC recently reported second quarter net sales increased 12.6% to $998.5 million. Keltner was named interim president and CEO after the pro dealer unexpectedly parted ways with former CEO and president Peter Alexander last January.
“BMC is on the leading edge of development and innovation in this industry, providing builders and remodeling contractors with the tools and solutions needed to address a very challenging labor environment, reduce cycle times, save money and reduce waste,” Flitman said. “Given the company’s strengths, I believe that we have a tremendous opportunity to build upon that foundation to continue to grow and succeed as we focus on delivering superior service to our customers. I look forward to working with the BMC Board, management team and associates to drive enhanced value for our stakeholders.”
BMC operates across 19 states, including 45 metro markets, primarily the South and West regions. The dealer reported sales of $3.4 billion last year.