Core & Main Promotes Jeff Giles to Executive Vice President, Corporate Development

Rhea-AI Summary

Core & Main Inc. promotes Jeff Giles to executive vice president, corporate development, recognizing his significant contributions in building a successful corporate development organization. Giles will continue leading the company's strategy and growth initiatives, overseeing mergers and acquisitions. Core & Main has completed over 30 acquisitions under Giles' leadership, deploying around $1.6 billion of capital.

ST. LOUIS--(BUSINESS WIRE)-- Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has promoted Jeff Giles to executive vice president, corporate development.

“This promotion is a well-deserved recognition of the incredible work Jeff has done over the past six years in building a prolific and successful corporate development organization,” said Core & Main CEO Steve LeClair. “Jeff has not only built an incredible team, but he works seamlessly across all areas of our business to deliver value creation in our acquisitions and strategic planning. He is relentless in the pursuit of excellence, always challenging the status quo.”

As executive vice president, corporate development, Giles will continue leading the organization’s strategy and inorganic growth initiatives, overseeing the mergers and acquisitions function, including pipeline development, strategic evaluation, deal structure, valuation, due diligence and negotiation. Working as a member of the executive team, in close partnership with the board of directors, regional leadership and functional teams, Giles has been instrumental in expanding Core & Main’s product and service offerings across both new and existing markets. Core & Main has completed more than 30 acquisitions under Giles’ leadership since he joined the company in March 2018, deploying approximately $1.6 billion of capital.

About Core & Main

Based in St. Louis, Core & Main is a leader in advancing reliable infrastructure™ with local service, nationwide®. As a leading specialized distributor with a focus on water, wastewater, storm drainage and fire protection products, and related services, Core & Main provides solutions to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets, nationwide. With more than 350 locations across the U.S., the company provides its customers local expertise backed by a national supply chain. Core & Main’s nearly 5,500 associates are committed to helping their communities thrive with safe and reliable infrastructure. Visit coreandmain.com to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240320475841/en/

Investor Relations:

Robyn Bradbury, 314-995-9116 InvestorRelations@CoreandMain.com

Media Relations:

Jennifer Noonan, 314-750-9670 Jennifer.Noonan@CoreandMain.com

Source: Core & Main, Inc.

FAQ

What is the ticker symbol for Core & Main Inc.?

The ticker symbol for Core & Main Inc. is CNM.

Who has been promoted to executive vice president, corporate development at Core & Main Inc.?

Jeff Giles has been promoted to executive vice president, corporate development at Core & Main Inc.

How long has Jeff Giles been with Core & Main Inc.?

Jeff Giles has been with Core & Main Inc. since March 2018.

How much capital has Core & Main Inc. deployed under Jeff Giles' leadership?

Core & Main Inc. has deployed approximately $1.6 billion of capital under Jeff Giles' leadership.

How many acquisitions has Core & Main Inc. completed under Jeff Giles' leadership?

Core & Main Inc. has completed more than 30 acquisitions under Jeff Giles' leadership.