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TopBuild Welcomes Ernesto Bautista, III to its Board of Directors

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TopBuild Corp. (NYSE:BLD) has appointed Ernesto Bautista, III, former CFO of BJ Energy Solutions, to its Board of Directors, expanding the board to eight members. Bautista brings over 15 years of experience as a CFO for publicly traded companies, enhancing the board's financial expertise. Chairman Alec Covington expressed excitement about Bautista's contribution, while CEO Robert Buck anticipates that his corporate strategy and financial management experience will benefit the company's growth. Bautista is a CPA and holds degrees from Rice University.

Positive
  • Ernesto Bautista brings over 15 years of CFO experience to the Board.
  • His extensive financial expertise is expected to enhance company strategy.
  • The expansion of the board to eight members may improve governance.
Negative
  • Concerns about continuity and experience gaps due to recent management changes.

DAYTONA BEACH, Fla., Sept. 13, 2021 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), the leading purchaser, installer and distributor of insulation products to the U.S. construction industry, has appointed Ernesto Bautista, III, Chief Financial officer of BJ Energy Solutions LLC, an oil and gas service company, to the Company’s board of directors, which is now comprised of eight members.

Alec Covington, Chairman of the Board of TopBuild, said, “We are excited to add Ernesto to our Board of Directors. He brings extensive business experience, having served as the chief financial officer for multiple publicly traded companies for over 15 years. His strong financial expertise will complement and further enhance the skills and perspectives represented on our Board.”

Robert Buck, President and Chief Executive Officer of TopBuild, noted, “The TopBuild senior leadership team is looking forward to working with Ernesto during this time of growth at our Company. His extensive corporate strategy and financial management and analysis background will serve our Company well.”

Prior to joining BJ Energy Solutions this year, Bautista served as Vice President, Chief Financial Officer and Treasurer of CARBO Ceramics Inc. (NYSE:CRR) from 2009 to 2020. In addition, Bautista served in several senior management roles at W-H Energy Services, Inc. (NYSE:WHQ), ultimately serving as Vice President and Chief Financial Officer prior to the Company’s sale to Smith International Inc.

Bautista is a Certified Public Accountant (Texas) and holds Bachelor’s and Master’s degrees from Rice University.

About TopBuild
TopBuild Corp., a Fortune 1000 Company headquartered in Daytona Beach, Florida, is a leading installer and distributor of insulation and building material products to the U.S. construction industry. We provide insulation and building material services nationwide through TruTeam®, which has approximately 235 branches, and through Service Partners® which distributes insulation and building material products from approximately 75 branches. We leverage our national footprint to gain economies of scale while capitalizing on our local market presence to forge strong relationships with our customers. To learn more about TopBuild please visit our website at www.topbuild.com.

Investor Relations and Media Contact
Tabitha Zane
tabitha.zane@topbuild.com
386-763-8801


FAQ

Who is Ernesto Bautista, III, and what is his role at TopBuild Corp?

Ernesto Bautista, III, has been appointed to TopBuild Corp's Board of Directors, bringing extensive CFO experience from his previous roles in the oil and gas industry.

What impact does Bautista's appointment have on TopBuild Corp?

Bautista's appointment is expected to enhance the financial oversight and strategic direction of TopBuild Corp as it experiences growth.

When was Ernesto Bautista appointed to the TopBuild Corp Board of Directors?

Ernesto Bautista was appointed to the Board of Directors on September 13, 2021.

What are the qualifications of Ernesto Bautista?

Bautista is a Certified Public Accountant and holds Bachelor's and Master's degrees from Rice University, along with significant experience as a CFO.

How many members are on the TopBuild Corp Board of Directors now?

After Bautista's appointment, the TopBuild Corp Board of Directors now comprises eight members.

TopBuild Corp.

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