Stock Building Supply has confirmed its plans, outlined in an April 1 memo to employees, to reorganize the company into four divisions and eliminate two top executive positions.
The Raleigh, N.C., pro dealer will no longer have a chief operating officer or VP national sales. Instead, Stock will rely on four regional presidents/general managers, to oversee the No. 4 player in the LBM industry, according to the Home Channel News Top 350 rankings.
The new divisions and presidents are as follows: