The company says it will close five locations in Washington, two in Illinois, and one each in Colorado, Virginia, North Carolina, South Carolina, and New Jersey. President and CEO Fred Marino says the move was made to improve profitability and allow the company to focus on other locations.
In addition, Joseph Todd, executive vice president for specialty distribution and pricing, left the company as of Oct. 7. Todd was in charge of one of the three divisions at the newly reorganized company.
No reason was given for his departure and the Denver-based dealer had yet, as of ProSales' deadline, to name a replacement. The move comes just a few months after the exit of former president and CEO Bill Myrick and operations president Jim Cavanaugh.
Todd's position put him in control of ProBuild's facilities that focus on non-lumber specialty products, such as gypsum and roofing. Prior to the reorganization, Todd led ProBuild's Northeast Region and was president of gypsum operations.