LUMBERYARDS

Fortune Brands makes two VP appointments

BY HBSDEALER Staff

Fortune Brands Home & Security has named Jason Baab VP of mergers and acquisitions, as well as Elif Sagsen-Ercel as VP strategy.

Baab will be leaving his role as director of business development at Goodyear Tire & Rubber Company. As VP M&A, he will oversee the company’s growth strategy and portfolio expansion initiatives via the acquisition pipeline.

“Jason brings a wealth of strong corporate and operating company deal experience both domestically and internationally,” said Chuck Elias. “He is a great addition to the team as we look to strengthen our market-leading brands and operating companies globally to create shareholder value.”

Sagsen-Ercel has been promoted from her current role as senior director of strategy. She is credited with playing a large role in the development of the company’s portfolio strategy and various operating company strategies.

She has been with the company since July; previously, she oversaw strategic planning and innovation at Hillshire Brands. Her C.V. also includes a role as senior director of strategy and corporate development for Sara Lee.

The two will report to Chuck Elias, who was recently elected SVP strategy and corporate development.

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Mark Ganahl elected as 2014 WCLBMA president

BY HBSDEALER Staff

The West Coast Lumber & Building Material Association (WCLBMA) has elected officers and directors for 2014, including Mark Ganahl as president. 

Ganahl is VP of Ganahl Lumber and general manager of the company’s Anaheim, Calif., location. Ganahl Lumber is the state’s oldest lumberyard, with a history that dates back to 1884. Today Ganahl Lumber has nine locations in Southern California.

Ganahl has spent more than 25 years in the family business working in all phases of the industry. He was named Anaheim location general manager in 2010. He and his wife Melissa have three children and are active in numerous community undertakings. His father, Peter Ganahl, was association president in 1982, and Jim Taft of Ganahl Lumber was LACN president in 2006. 

Sean Fogarty, Osborne Lumber, Newark, Calif., moves into the first VP position, and Victor Fresca, ProBuild, San Diego, becomes second VP. Bobby Senften, Friedman’s Home Improvement, Santa Rosa, continues as WCLBMA treasurer.  Augie Venezia, Fairfax Lumber & Hardware, Fairfax, remains on the board as past president. 

Elected to the WCLBMA board of directors as dealer members were Rick Deen, Nichols Lumber, Baldwin Park, and Mark Boone, Champion Lumber, Riverside. 

Elected to the board as new associate member directors were Tom Knippen, Diablo Timber Company, Napa, and Dale Verseput, Select Equipment Sales, Buena Park. 

Holdover dealer directors are Matt Petersen, Mead Clark Lumber, Santa Rosa, and Jeff Pardini, Hills Flat Lumber, Grass Valley.

Holdover associate member directors are Vic Hausmaninger, HBLA CPAs, Irvine; Seamus O’Reilly, LP Building Products, Fairfield; and Chris Swanson, Swanson Group Sales, Glendale OR.

Sitting in on board meetings as a non-voting participant is the 2014 Second Growth president, Jay McArthur, Ojai Lumber, Ojai.

WCLBMA executive director Ken Dunham, Folsom, remains as corporate secretary.

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Stock CEO approves of macro trends

BY HBSDEALER Staff

Jeffrey Rea, CEO of Stock Building Supply, offered investors a favorable view of economic trends affecting LBM.

In a statement accompanying the company’s third-quarter earnings report, Rea said:

"While we expect the normal seasonal and weather-related slowdown in our business as we enter the winter months, we believe macroeconomic trends remain favorable for year-over-year improvement in our core markets. With the short- and mid-term objective of accelerating both our revenue growth and profitability, we plan to continue to invest in our strategic initiatives to better serve our core customers, expand our capacity and increase our operating capabilities."

Stock posted a sales gain of 28.4% in the quarter.

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