Floor & Decor Holdings, Inc. Promotes Bryan Langley to Chief Financial Officer

Rhea-AI Summary

Floor & Decor Holdings, Inc. (NYSE: FND) announced the promotion of Bryan Langley to Executive Vice President and Chief Financial Officer effective November 29, 2022. Langley, who has been with the company since 2014, succeeds Trevor Lang, now President. He will oversee finance functions, including accounting, financial planning, and treasury. CEO Tom Taylor praised Langley’s financial expertise and leadership. Floor & Decor operates 178 stores across 35 states, specializing in hard-surface flooring and related products.

Positive

• Bryan Langley has extensive experience within the company since 2014, enhancing leadership stability.
• CEO Tom Taylor expressed confidence in Langley's capabilities, supporting strategic continuity.

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• None.

ATLANTA--(BUSINESS WIRE)-- Floor & Decor Holdings, Inc. (NYSE: FND) (the “Company”) announced that it will promote Bryan Langley to serve as its Executive Vice President and Chief Financial Officer, effective November 29, 2022.

Mr. Langley, currently Senior Vice President, Finance, will succeed Trevor Lang, who as previously announced, is being promoted to serve as President of the Company. Mr. Langley will lead the finance organization and related financial functions, including the accounting and controllership, financial planning and analysis, financial reporting, tax, internal audit, business intelligence and treasury departments.

Mr. Langley brings a strong understanding of the Company’s business, finances, and operations. Since joining the Company in 2014, Mr. Langley has served in various positions of increasing responsibility in corporate strategy, financial planning, and accounting. Prior to 2014, Mr. Langley held various finance and risk management roles at Delta Air Lines, Inc. Mr. Langley began his career in public accounting, holding positions in transactions services and auditing at KPMG LLP. Mr. Langley is a graduate of University of Georgia with both a B.B.A. in Accounting and a Master of Accountancy. Mr. Langley is also a Certified Public Accountant.

“Bryan’s financial acumen, institutional knowledge, and contributions to our strategic vision make him uniquely qualified to become our next CFO,” said Tom Taylor, Chief Executive Officer. “During his eight-year career at the Company, Bryan has become a trusted leader and embodies our commitment to serving our customers and driving long-term value. I look forward to working together as we continue to execute our strategies.”

Forward-Looking Statements

This press release may include statements that constitute “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this release, are forward-looking statements. Forward looking statements include any statements regarding the Company’s strategic and operational plans, future performance or financial condition and may often be identified by the use of words such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “budget,” “potential,” “focused on” or “continue” and other similar expressions that predict or indicate future events or trends.

Forward looking statements speak only as of the date hereof and are not guarantees of future events, results, performance or achievements. These statements are based on the Company’s current expectations, assumptions, estimates and projections and involve known and unknown risks, uncertainties and other important factors that may cause the Company’s actual results to be materially different from those expressed or implied by the forward-looking statements, including, without limitation, those factors described in the Company’s filings with the Securities and Exchange Commission. Except as required by applicable law, the Company does not plan to update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise.

About Floor & Decor Holdings, Inc.

Floor & Decor is a multi-channel specialty retailer and commercial flooring distributor operating 178 warehouse-format stores and five design studios across 35 states as of September 29, 2022. The Company offers a broad assortment of in-stock hard-surface flooring, including tile, wood, laminate, vinyl, and natural stone along with decorative accessories and wall tile, installation materials, and adjacent categories at everyday low prices. The Company was founded in 2000 and is headquartered in Atlanta, Georgia.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221129005755/en/

Investor Contacts:

Wayne Hood

Vice President of Investor Relations

678-505-4415

Wayne.hood@flooranddecor.com

or

Matt McConnell

Senior Manager of Investor Relations

770-257-1374

matthew.mcconnell@flooranddecor.com

Source: Floor & Decor Holdings, Inc.

FAQ

Who has been promoted to CFO of Floor & Decor on November 29, 2022?

Bryan Langley has been promoted to Chief Financial Officer of Floor & Decor.

What position did Bryan Langley hold before becoming CFO at Floor & Decor?

Before becoming CFO, Bryan Langley was the Senior Vice President of Finance.

Who did Bryan Langley succeed as CFO of Floor & Decor?

Bryan Langley succeeded Trevor Lang as CFO of Floor & Decor.

How long has Bryan Langley been with Floor & Decor?

Bryan Langley has been with Floor & Decor since 2014.

What expertise does Bryan Langley bring to his new role as CFO?

Bryan Langley brings extensive experience in finance, corporate strategy, and accounting.