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Beacon Appoints Melanie M. Hart to Its Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
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Tags
management
Rhea-AI Summary
Beacon (Nasdaq: BECN) announced the appointment of Melanie M. Hart to its Board of Directors. Ms. Hart is a seasoned financial executive with over 25 years of experience, currently serving as CFO of Pool Corporation (Nasdaq: POOL). Her extensive background includes roles at PoolCorp and Ernst & Young, enhancing Beacon's leadership. The Board's Chairman, Phil Knisely, emphasized her expertise will support their Ambition 2025 growth strategy. Hart expressed enthusiasm about contributing to Beacon's goals in the building products industry.
Positive
Melanie M. Hart's extensive industry experience may strengthen Beacon's leadership.
Her financial and operational expertise supports the company's Ambition 2025 growth plan.
Negative
None.
HERNDON, Va.--(BUSINESS WIRE)--
Beacon (Nasdaq: BECN) (the “Company”) announced today that Melanie M. Hart has been appointed to its Board of Directors.
Ms. Hart is a financial executive with over 25 years of experience. She currently serves as Vice President, Chief Financial Officer and Treasurer of Pool Corporation (Nasdaq: POOL) (“PoolCorp”). Throughout her 16-year tenure at PoolCorp Ms. Hart has held roles of increasing responsibility, including Chief Accounting Officer and Corporate Controller. Previously, Ms. Hart spent twelve years serving as a Senior Manager in the Assurance and Advisory Business Services Group at Ernst & Young.
Ms. Hart earned a Bachelor of Science degree in Accounting from the University of New Orleans and graduated from the General Management Program at the Wharton School of Business. She is also a certified public accountant.
“We are very pleased to welcome Melanie and look forward to the wealth of distribution industry experience she brings to our Board of Directors,” said Phil Knisely, Beacon’s Chairman of the Board. “Her financial and operational expertise will be a valued asset as we execute our Ambition 2025 plan. Melanie’s background in both organic and acquisitive growth will benefit us as we drive value for stakeholders.”
Ms. Hart added: “I’m excited about joining Beacon’s Board of Directors. The Company is an essential business providing the residential and commercial building products that safely envelope us every day, at home and in our communities. I look forward to helping Beacon achieve its growth and operational excellence goals which position it to lead the industry.”
About Beacon
Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of roofing materials and complementary building products in North America, operating over 400 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon serves an extensive base of over 80,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT™, and has a proprietary digital account management suite, Beacon PRO+, which allows customers to manage their business with us online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. To learn more about Beacon, please visit www.becn.com.
