Bill Myrick stepped down as president and CEO of ProBuild today, the company announced in an e-mail to employees. Fred Marino will take over as interim president and CEO as the company searches to fill the role. No reason was given for Myrick's departure.
"Bill Myrick has left the company," said a ProBuild spokesperson. "Fred Marino, vice chairman of ProBuild's board, will serve as president and CEO while an active search is conducted to find a replacement."
Myrick joined ProBuild in 2007 and was named COO in June 2008 and took over the top spot in August 2010, replacing Paul Hylbert. Prior to joining ProBuild, Myrick spent nine years with 84 Lumber.
Marino was a part of the team that acquired the Strober Organization and took it private back in 1997, which formed the foundation for ProBuild. ProBuild was formed out of a combination of a number of companies including the Strober Organization, the Lanoga Corp., and several other smaller dealers.
"Ownership continues to support the current management team and the number of important initiatives currently being implemented across ProBuild," wrote chairman Perry Odak in the e-mail to employees. "I ask to you to continue to focus on the work at hand. For each of you, it's business as usual."
Myrick's departure also comes just two weeks after ProBuild dissolved its regional offices and reorganized the company into three groups focusing on various markets. It was the second major reorganization of the company in two years.