Chief operating officer Bill Myrick took over in August as chief executive officer of ProBuild, declaring America's No. 2 LBM operation will retain its current strategies in the face of a prolonged housing recession.
Myrick succeeds Paul Hylbert, who has run the Denver-based company since January 2007 and now will serve as a senior adviser and remain a member of ProBuild's board of directors.
"We're continuing with the strategy that we've designed," Myrick stressed in an interview with ProSales. "Our management team, our board and ownership continue to believe in the long-term strength of the housing market. We have a long-term view, and while the short-term environment is difficult, housing will recover as employment grows again along with the general economy. ... What we want to do is become the place where the best customers want to buy, the best vendors want to do business with, and the best people want to come to work."