Michael Cassidy, now COO at Kodiak Building Partners

Kodiak Building Partners announced today it has picked its new chief operating officer: Michael Cassidy, the former CEO of TW Perry and before that a top officer at ProBuild, In addition, the fast-growing holding company recruited Jeff Smith, a former controller and treasurer at ProBuild, to serve as its new chief financial officer.

"Both additions really add a ton of depth and seasoned industry leadership to the Kodiak team," Kodiak CEO Steve Swinney told ProSales in an email. In a subsequent press release, he added: "Their experience and leadership in the building materials distribution industry will be a valuable addition as Kodiak continues to grow and evolve in the coming years. Along with Brad Becker, our chief information officer, who joined the company in 2013, Michael and Jeff will be responsible for supporting our talented field leadership teams in their respective functional areas of expertise as we strive to create a high performing, locally driven culture of excellence.”

An 11-year veteran of the Marines, Cassidy spent one year as chief operating officer and then seven years as chief executive at TW Perry, a ProSales 100 company and numerous ProSales Excellence Award winner based in Gaithersburg, Md. He came to TW Perry from ProBuild, where he spent nearly three years as vice president of corporate development and less than a year as senior vice president for manufacturing.

Smith's duties at ProBuild included responsibility for refinancing the company’s senior and subordinated debt. He also consolidated the credit and insurance risk management functions at the dealer. And while serving as ProBuild's controller he implemented new consolidation and financial reporting tools, and standardized the accounts payable and general ledger functions, Kodiak said.

Kodiak was founded by several ex-ProBuild executives who had left the company before that LBM giant was acquired by Builders FirstSource. The Colorado-based firm now ranks 13th on the ProSales 100, with nearly $465 million in sales in 2015. Its portfolio consists of 10 companies from New England to Colorado that collectively have at least 34 branches and more than 1,000 employees.