BMC Select, one of America's top 10 construction supply companies, named Peter Alexander its new chief executive officer and said current CEO Paul Street will become chief administrative officer, while current president and chief operating officer Stan Wilson will retire at the end of this year.

In addition, current Inter-Mountain Region General Manager Michael Badgely will become executive vice president of company-wide operations while Daniel McQuarry will remain chief financial officer, the Boise, Idaho-based company said in a news release issued late Wednesday. All changes will take effect on Aug. 1.

Alexander is the former president of ORCO Construction, a California firm that grew to become one of the West's biggest distributors of construction supplies. He also is a member of BMC Select's board.

Peter Alexander
Peter Alexander

In its announcement, BMC Select said the changes will "strengthen the company's rebranding and return to its core mission of providing residential building materials and targeted construction services."

"This strengthened management team will drive our current operations and future growth plans, reflecting our goal to build our reputation and strength as a leading provider of lumber and building materials," the statement quoted Alexander as saying. "The company is growing market share, and with a stronger management team operating with a strong financial position, BMC Select is well positioned to aggressively advance as the economy rebounds. These changes align strategically with BMC Select's long-term growth plans, and strengthen the operational and tactical bench of the company."

BMC Select came into existence on Jan. 1 after its predecessor, Building Materials Holding Corp. (BMHC), spent the second half of 2009 reorganizing itself while under protection from creditors under Chapter 11 of the federal bankruptcy laws.

In the middle of the last decade, BMHC grew to $3.25 billion in revenues, more than 21,000 employees and more than 180 facilities, according to reports it filed to the ProSales 100. The public company had two divisions: SelectBuild, which did turnkey framing for builders in the West, and BMC West, a building materials distributor.

In contrast, privately held BMC Select has roughly 3,700 workers in 11 states and 16 markets throughout the West. According to the latest ProSales 100, it reported revenues of $700 million last year, 95% of it to pros. That put it ninth on the latest list, although recent consolidations further up the ProSales 100 has since moved it into the No. 8 spot.

In an interview with ProSales in January, Street said he expected the company would turn a profit by December.

"The footprint is smaller and we've gone back to our core: distribution, trusses, wall panels, millwork, targeted construction services," Street said then. It no longer will provide such other homebuilding services as doing plumbing or electrical work, he said.