Installed Building Products hires Todd Fry as CAO
Installed Building Products has welcomed Todd Fry to the company as chief accounting officer and principal accounting officer.
Reporting to CFO Michael Miller, Fry will bring his considerable financial experience to bear on his new role. He was most recently CFO of Champion Industries, a role he served in for 15 years.
“I am pleased to welcome Todd to IBP as we continue to expand our operations,” said Miller. “Todd is a highly accomplished financial professional, and we believe his 20-plus years of experience in key leadership positions, including 17 years at publicly traded companies, will help continue to strengthen our financial management. We look forward to leveraging his financial expertise as we continue to grow our business.”
Fry’s resume also includes roles at Broughton Foods Company and Coopers & Lybrand.
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HCN Stock Watch: STCK takes a dive
Stock Building Supply (STCK) took a tumble of 8.79% after releasing its earnings report Tuesday, which showed double-digit sales gains and a narrowing loss but fell short of expectations.
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Porch sets up shop in Lowe’s stores nationwide
Lowe’s and Porch have been busy since announcing their strategic partnership last January. Now, the companies are making the alliance known in all 1,700+ Lowe’s stores nationwide after first introducing the service in the Carolinas and Seattle areas.
That means Porch is the in-store resource at every Lowe’s store in the country, there to help homeowners link up with home improvement professionals for just about every project outside of Lowe’s current installation services.
"While we have already been able to help our customers with projects like installing flooring or remodeling a kitchen, our partnership with Porch means we can now guide customers to find help for nearly any home improvement service, from routine maintenance to dream projects," said Jay Rebello, VP new business development and corporate innovation at Lowe’s. "Homeowners trust Lowe’s products and project expertise, and now that relationship can extend to the search for home improvement pros by providing a highly personal, localized experience through Porch."
Employees will be trained to assist customers using their mobile devices or various in-store terminals.
Home improvement pros can also sign up for a free Porch profile to take advantage of the added exposure.
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