David Flitman, Chief Executive Officer of Builders FirstSource Inc., joins Bloomberg's "Balance of Power" to discuss the latest developments in the lumber supply for the housing and construction industries. Flitman says the lumber supply is still very tight, but wood supplies should catch up to demand over the summer.
Builders FirstSource, Inc. announced that Dave Flitman has been appointed as the company's newest CEO following Chad Crow's retirement.
“This is truly an exciting time for Builders FirstSource,” Flitman said. “I firmly believe that growth is what’s at the heart of this merger – consolidating and expanding our reach in a fragmented industry, innovating and building on our value-add offerings, and giving our people the resources needed to deliver the enhanced service our customers expect from us."
“Dave brings a wealth of knowledge and experience critical to BMC’s growth, operational excellence and customer service goals," David Bullock, chairman of BMC's board of directors, said in a statement. "His extensive manufacturing and distribution expertise, track record of execution in growing businesses and keen understanding of the importance of providing value-added products and services to customers make him the ideal person for this role. We are confident that Dave will apply his skill set and expertise to drive compelling growth and value creation at BMC.”