BMC Stock Holdings, a provider of lumber and building materials and solutions, announced the departure of chief operating officer Mike McGaugh. The company will not replace McGaugh, and instead will eliminate the COO position to “flatten the organizational structure and bring its executive team closer to its field operations,” according to the company.
BMC appointed McGaugh as COO in February 2017. At the time, COO was a new position for the dealer. Prior to joining BMC, McGaugh worked for more than 20 years at Dow Chemical Company.
“Mike has been a valuable member of our leadership team as we have advanced our four strategic pillars,” said Dave Flitman, President & CEO for BMC. “We recently announced exceptional results for 2018 and remain focused on driving operational excellence, delivering outstanding customer service, building a high-performance culture, and advancing our organic and inorganic growth strategies.”
Flitman said leveraging BMC’s existing team of leaders with a flatter organizational structure will enable the Raleigh, N.C.-based dealer to be more agile in its decision making. Flitman added the flatter organizational structure will also enable the company to better execute its strategic plan.
BMC appointed three members to its leadership team in mid-January. Timothy Johnson was named executive vice president and general counsel, Joyce Vonada was named chief information officer, and Gary Gross was appointed vice president of pro-remodeling.
BMC is the fourth largest company on the most recent ProSales 100 and generated $3.7 billion in sales in 2018. The dealer serves 45 metro areas across 19 states in the United States, primarily in the south and west regions of the country.
