Core & Main Announces Leadership Transition
Core & Main (NYSE: CNM) announced key leadership changes effective March 31, 2025, as part of its long-term succession planning. Current CEO Steve LeClair will transition to executive chair, continuing to lead the board of directors while serving as a business advisor.
Current CFO Mark Witkowski, who joined in 2007 and has served as CFO since 2016, will succeed LeClair as CEO and join the board of directors. Robyn Bradbury, currently senior VP of finance and investor relations, will be promoted to CFO. Bradbury, who joined in 2009, led the company's successful IPO in 2021 and first investor day in 2023.
Under LeClair's leadership, Core & Main transformed from a division of HD Supply into a private equity-sponsored standalone business in 2017, followed by one of 2021's largest and most successful IPOs. The company has consistently delivered strong performance and value creation since then.
Core & Main (NYSE: CNM) ha annunciato importanti cambiamenti nella leadership, effettivi dal 31 marzo 2025, come parte della sua pianificazione successoria a lungo termine. L'attuale CEO Steve LeClair passerà a presidente esecutivo, continuando a guidare il consiglio di amministrazione e a servire come consulente aziendale.
L'attuale CFO Mark Witkowski, che è entrato in azienda nel 2007 e ha ricoperto il ruolo di CFO dal 2016, succederà a LeClair come CEO e si unirà al consiglio di amministrazione. Robyn Bradbury, attualmente VP senior di finanza e relazioni con gli investitori, sarà promossa a CFO. Bradbury, che è entrata in azienda nel 2009, ha guidato il successo dell'IPO dell'azienda nel 2021 e il primo giorno degli investitori nel 2023.
Sotto la guida di LeClair, Core & Main si è trasformata da divisione di HD Supply in un'azienda indipendente sponsorizzata da private equity nel 2017, seguita da una delle IPO più grandi e di maggior successo del 2021. Da allora, l'azienda ha costantemente fornito prestazioni solide e creazione di valore.
Core & Main (NYSE: CNM) anunció cambios clave en la dirección que entrarán en vigor el 31 de marzo de 2025, como parte de su planificación de sucesión a largo plazo. El actual CEO Steve LeClair pasará a ser presidente ejecutivo, continuando a liderar la junta directiva y actuando como asesor empresarial.
El actual CFO Mark Witkowski, quien se unió en 2007 y ha sido CFO desde 2016, sucederá a LeClair como CEO y se unirá a la junta directiva. Robyn Bradbury, actualmente VP senior de finanzas y relaciones con inversores, será promovida a CFO. Bradbury, que se unió en 2009, lideró la exitosa OPI de la empresa en 2021 y el primer día de inversores en 2023.
Bajo el liderazgo de LeClair, Core & Main se transformó de una división de HD Supply en un negocio independiente patrocinado por capital privado en 2017, seguido de una de las OPI más grandes y exitosas de 2021. Desde entonces, la empresa ha ofrecido consistentemente un sólido rendimiento y creación de valor.
Core & Main (NYSE: CNM)은 2025년 3월 31일부터 효력이 발생하는 주요 리더십 변화를 발표했습니다. 이는 장기 승계 계획의 일환입니다. 현재 CEO인 Steve LeClair는 이사회 의장으로 전환하여 이사회를 계속 이끌고 비즈니스 자문 역할을 수행할 것입니다.
현재 CFO인 Mark Witkowski는 2007년에 합류했으며 2016년부터 CFO로 재직 중이며, LeClair의 후임으로 CEO가 되어 이사회에 합류합니다. 현재 재무 및 투자자 관계 수석 부사장인 Robyn Bradbury는 CFO로 승진할 것입니다. Bradbury는 2009년에 합류했으며, 2021년 회사의 성공적인 IPO와 2023년 첫 투자자 데이를 이끌었습니다.
LeClair의 리더십 하에 Core & Main은 2017년에 HD Supply의 부서에서 사모펀드 후원 독립 기업으로 변모하였으며, 이후 2021년 가장 크고 성공적인 IPO 중 하나를 기록했습니다. 그 이후로 회사는 지속적으로 강력한 성과와 가치 창출을 제공해왔습니다.
Core & Main (NYSE: CNM) a annoncé des changements clés dans sa direction, effectifs à partir du 31 mars 2025, dans le cadre de sa planification de succession à long terme. L'actuel PDG Steve LeClair passera au poste de président exécutif, continuant à diriger le conseil d'administration tout en agissant en tant que conseiller commercial.
L'actuel CFO Mark Witkowski, qui a rejoint l'entreprise en 2007 et a été CFO depuis 2016, succédera à LeClair en tant que PDG et rejoindra le conseil d'administration. Robyn Bradbury, actuellement VP senior des finances et des relations avec les investisseurs, sera promue au poste de CFO. Bradbury, qui a rejoint l'entreprise en 2009, a dirigé l'IPO réussie de l'entreprise en 2021 et le premier jour des investisseurs en 2023.
Sous la direction de LeClair, Core & Main s'est transformée d'une division de HD Supply en une entreprise indépendante soutenue par des fonds de capital-investissement en 2017, suivie de l'une des IPO les plus importantes et les plus réussies de 2021. Depuis lors, l'entreprise a constamment délivré de solides performances et créé de la valeur.
Core & Main (NYSE: CNM) gab wichtige Veränderungen in der Führung bekannt, die am 31. März 2025 in Kraft treten, als Teil seiner langfristigen Nachfolgeplanung. Der derzeitige CEO Steve LeClair wird zum Executive Chairman wechseln und weiterhin den Vorstand leiten, während er als Unternehmensberater tätig ist.
Der derzeitige CFO Mark Witkowski, der 2007 zum Unternehmen kam und seit 2016 als CFO tätig ist, wird LeClair als CEO nachfolgen und dem Vorstand beitreten. Robyn Bradbury, derzeit Senior VP für Finanzen und Investor Relations, wird zur CFO befördert. Bradbury, die 2009 zum Unternehmen kam, leitete den erfolgreichen Börsengang des Unternehmens im Jahr 2021 und den ersten Investorentag im Jahr 2023.
Unter LeClairs Führung hat sich Core & Main von einer Division von HD Supply zu einem von Private Equity unterstützten eigenständigen Unternehmen im Jahr 2017 entwickelt, gefolgt von einem der größten und erfolgreichsten IPOs des Jahres 2021. Das Unternehmen hat seitdem konstant starke Leistungen und Wertschöpfung erbracht.
- Smooth leadership transition with internal promotions ensuring continuity
- New CEO has extensive company experience (since 2007) and CFO knowledge
- New CFO demonstrated success leading 2021 IPO and investor relations
- Strong track record of performance and value creation under current leadership
- Loss of long-term CEO leadership in executive role
Steve LeClair to Transition to Executive Chair
Mark Witkowski Appointed CEO and Director; Robyn Bradbury Appointed CFO
After nearly two decades with Core & Main, Steve LeClair, the Company’s current chief executive officer, will transition to the role of executive chair, where he will act as an advisor to the business, while continuing to lead the board of directors of Core & Main as chair. Mark Witkowski, the Company’s current chief financial officer, has been selected by the board of directors to succeed Steve LeClair as chief executive officer. Witkowski has also been appointed to the Company’s board of directors. Additionally, Robyn Bradbury, the Company’s current senior vice president of finance and investor relations, will succeed Witkowski as chief financial officer. Each of them will assume their new roles on March 31, 2025.
Witkowski joined Core & Main in 2007, holding various roles of increasing responsibility and eventually becoming chief financial officer in 2016. He has a deep understanding of the Company, having played an integral role in the development, execution and achievement of Core & Main’s value creation strategies. Witkowski has a proven commitment to fostering innovation, driving growth strategies and strengthening the capabilities of the Company.
Bradbury joined Core & Main in 2009 and has served in various finance and strategy roles of increasing responsibility. Bradbury is a dynamic leader with a growth mindset and a passion for driving results and developing talent. She and her team established Core & Main’s investor relations function, leading a successful initial public offering in 2021 and the Company’s first investor day in 2023.
“Steve has left an incredible mark on Core & Main,” said James Castellano, lead independent director for Core & Main. “Under his leadership, the Company has delivered exceptional business performance and meaningful value to its customers, suppliers, shareholders and other stakeholders. We look forward to his continued contributions as executive chair and chair of the board.”
Castellano continued, “As we enter this next chapter, continuity of leadership is important. Mark and Robyn have been key members of the management team for many years. They know our business well and have been instrumental in building Core & Main into the industry leader it is today. Today’s announcement, together with the executive leadership changes we announced last July, further position the Company for continued growth and success.”
“Leading Core & Main for the last decade has been the privilege of a lifetime and I am incredibly proud of what we have accomplished together,” said Steve LeClair. “During my tenure, we transformed Core & Main from a division of HD Supply into a private equity-sponsored standalone business in 2017. We launched our initial public offering in 2021, one of the largest and most successful from that year, and we have delivered outstanding performance and significant value creation year-after-year since then. As proud as I am of the results we have generated, I am even more proud of the culture we have built, the great leadership talent and depth we have, and the opportunities we have charted for the future. Mark, Robyn and I have worked side-by-side over the last decade, and I couldn’t be more excited as Mark, Robyn and the rest of our leadership team take Core & Main to the next level.”
Witkowski added, “I am honored to have been selected to lead Core & Main as chief executive officer and to serve on its board of directors. This is an incredible business with the best talent in the industry, and I recognize that our associates and the culture we have fostered are key to delivering superior results. Having worked closely with Robyn for over a decade now, I know she is ideally suited to serve as our chief financial officer. As we enter this next chapter, I look forward to collaborating with the board and the rest of our talented executive team to build on the strong culture we have established. We have been fortunate to have benefited from Steve’s tremendous leadership for over a decade at Core & Main. I know that I speak for the entire Core & Main family in thanking him for his leadership and dedication. I also want to thank all our associates for their commitment to our customers in pursuit of advancing reliable infrastructure with local service, nationwide.”
About Core & Main
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Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information concerning Core & Main’s financial and operating outlook, as well as any other statement that does not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “could,” “should,” “forecasts,” “expects,” “intends,” “plans,” “anticipates,” “projects,” “outlook,” “believes,” “estimates,” “predicts,” “potential,” “continue,” “preliminary,” or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.
Additional information concerning these and other factors can be found in our filings with the Securities and Exchange Commission. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250324964166/en/
Investor Relations:
Robyn Bradbury, 314-995-9116
InvestorRelations@CoreandMain.com
Media Relations:
Patrick Lunsford
Patrick.Lunsford@CoreandMain.com
Source: Core & Main, Inc.
FAQ
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