ProBuild today named Robert Marchbank, the former head of Wolseley's European operations, to serve effective immediately as chief executive officer of America's biggest full-service pro-oriented building supply company.
The announcement brings Denver-based ProBuild its first permanent CEO since former CEO Bill Myrick stepped down last July. Fred Marino, the vice chairman of the company's board of director, has served as CEO in the interim.
A native of Maryland, Marchbank has spent nearly 30 years in building supply, nearly all of it at Wolseley Plc and at Ferguson, its U.S.-based plumbing supply unit. He concluded his career with Wolseley as CEO of the multinational's European operations, leaving it in 2010 when his job was abolished, Builders Merchants Journalreported.
"Rob has been in the industry for nearly 30 years and brings tremendous insight and experience to ProBuild with both a strong U.S. and international business background," Marino said in a news release. "As CEO for Europe at Wolseley, Rob successfully ran multiple business operations across 19 countries. His ability to quickly identify issues and opportunities, adjust operations and improve performance for business units across a number of diverse markets will be invaluable to ProBuild."
"I've spent my entire career in this industry, and I'm passionate about developing and implementing business strategies that drive profitable growth, foster innovation and improve efficiencies," the news release quoted Marchbank as saying. "ProBuild has a unique national footprint and industry position, and I look forward to working with the dedicated team of industry leaders at ProBuild as we strive to continually improve our performance and prepare to take full advantage of any future market upturns."
ProBuild ranks No. 2 on the latest ProSales 100, with sales in 2010 totaling $3.5 billion, 87% of it to pros. It has roughly 450 locations and 10,000 employees nationwide. Only specialty dealer ABC Supply has more sales to professional builders and remodelers.
After receiving a bachelor's degree in government from The College of William and Mary, Marchbank joined Ferguson in 1982 and spent 19 years with the company. He moved to the United Kingdom in January 2001 as Wolseley's director of strategic planning. After two years, he became direcotr of information and processes at Reading, England-based Wolseley in January 2003. Two years later, in 2005, he became Wolseley's CEO for Europe, and in 2008 he took on responsibility for the company's U.K. and Irish units as well.
The ProBuild that Marchbank now leads has had a tumultuous half-year. On June 29, ProBuild reorganized itself into three groups focusing on metropolitan, smaller local, and specialty markets while dissolving its six regional divisions and consolidating shared services into its Denver headquarters. It was the second major reorganization in two years.
In July, Myrick departed after having been CEO for just one year. Soon after, operations chief Jim Cavanaugh left.