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Allied Building Products Corp. makes leadership changes

BY HBSDEALER Staff

East Rutherford, N.J.-based distributor Allied Building Products announced several changes to its leadership, which will take effect Jan. 1.

The position of chief sales and marketing officer will be assumed by Greg Bloom. In his new leadership role, Bloom will have responsibility over all sales and marketing efforts for both Allied Interior and Exterior Product divisions. All existing marketing, private label, Coastal Atlantic and national accounts initiatives along with the establishment of a consistent sales strategy will also fall under his responsibility.

Also, Allied’s exterior division’s leadership will be split into two new positions: president of exterior products – Eastern division and president of exterior products – Western division.

The Eastern division position will be assumed by John McLaughlin. Throughout his career he has held many leadership positions with Allied, most recently as VP exteriors, Northeast.

In the West, the post will be assumed by nine-year company veteran Jamie Kutzer.

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Sellars new VP for Cash Acme and SharkBite Products

BY HBSDEALER Staff

Paul Sellars has been named VP sales for Reliance Worldwide USA, manufacturers and distributors of Cash Acme and SharkBite-branded products.

Prior to joining Reliance, Sellars served as director of sales for Rinnai America Corp., with previous positions at State Industries, Jacuzzi Whirlpool Bath and Kohler Co.

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Floor & Decor acquired by private equity firms

BY HBSDEALER Staff

Floor and Decor Outlets of America, a chain of floor covering retail outlets, has signed an agreement to be purchased by an affiliate of Ares Management and Freeman Spogli & Co. from an investor group that includes Najeti Ventures, Saugatuck Capital Co. and TWJ Capital.

Headquartered in Atlanta, Floor and Decor currently sells ceramic, stone, wood and laminate flooring through 25 stores in 15 U.S. metro markets, as well as through its website, flooranddecoroutlets. Its brick-and-mortar locations typically range from 60,000 sq. ft. to 80,000 sq. ft. and are set in warehouse-style buildings with merchandise stacked on pallets. Customers are primarily homeowners and professional contractors.

Based in Los Angeles, Ares Management is also an investor in Orchard Supply Hardware, a chain of home improvement stores throughout California.

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