The industry veteran steps into his new role.
Tum-a-Lum Lumber Co. announced today it has hired M. David Dittmer, a former executive with ProBuild and one of its predecessors, to serve as CEO of the four-yard company.
A year and a half after LBM giant ProBuild built three greenfield facilities in competitor 84 Lumber's home territory, the company is backing out of the region and second-guessing its recent spate of greenfield startups.
In mid-March, recently appointed ProBuild CEO Robert Marchbank said the company would spend three months “reviewing what resources will be needed going forward to support the business.”
American Builders Supply hired former ProBuild head Bill Myrick as CEO, the supplier’s parent company, Blue Wolf Capital Partners, announced.
ProBuild is making several changes to its leadership and reporting structure in an attempt to bring upper management closer to customers and markets, the company revealed in a March 20 memo to employees from recently appointed CEO Robert Marchbank.
Eighteen months of customer soundings and self-examination have given ProBuild a clear vision of what it should become, the company's CEO tells PROSALES in an exclusive interview. Rob Marchbank says the result is more a refinement than an overhaul, but one that helps the company move from its patchwork past to a more flexible, yet still unified future.
ProBuild Holdings secured a $505 million revolving credit facility with Wells Fargo Capital Finance LLC, according to an announcement today by McDermott Will & Emery LLP, which represented the Denver-based dealer in negotiations.
New hire was integral in ProBuild’s streamlining of its management structure.
Too many dealers complain too much about price-cutting by big competitors like ProBuild, editor Craig Webb argues.
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