Beacon appointed Carmelo Carrubba, the company’s current vice president of strategy and transformation, as its interim chief financial officer, effective Jan. 20.
“I’m delighted that Carmelo has accepted this interim responsibility and look forward to working with him in this expanded role until a permanent CFO has been appointed,” Julian Francis, Beacon’s president and CEO, said in a prepared statement.
The company announced at the end of 2023 that executive vice president and CFO Frank Lonegro would be leaving Beacon, effective Feb. 1 2024. Lonegro is departing to become the CEO of a publicly traded company outside the building products industry.
Carrubba joined Beacon in April 2022 as vice president of strategy and transformation as a member of Beacon’s executive committee. In the role, he shares responsibility for creating and supporting the value creation framework to drive the successful execution of Beacon’s Ambition 2025 plan, according to the company.
He joined Beacon from Glatfelter, a publicly-traded manufacturer of engineered materials, where he served as vice president of strategy and sustainability after leaving a similar role at Jacob Holm.
Prior to Jacob Holm, Carrubba spent 14 years within the exteriors industry at Owens Corning, serving in various roles of increasing responsibility, including strategic planning, general management with full profit and loss responsibilities, global commercial excellence director, and vice president of strategic marketing.
Herndon, Va.-based Beacon distributes roofing materials and complementary building products. The company operates over 500 branches throughout all 50 U.S. states and six Canadian provinces.
