John Burns to speak at ProDealer Industry Summit
John Burns, CEO of John Burns Real Estate Consulting, will be one of five speakers at this year’s ProDealer Industry Summit taking place on Oct. 23-25 in Nashville, Tenn.
Burns, based in Irvine, Calif., has more than 20 years of national real estate consulting experience after beginning his career as a CPA.
He has an M.B.A. from the University of California, Los Angeles and a B.A. in economics from Stanford University.
The Summit, which is sponsored by HCN and the National Lumber & Building Material Dealers Association, is an opportunity for lumber and building product dealers, distributors, wholesales and suppliers to network and brush up on industry knowledge.
Stock sets its IPO price
Raleigh, N.C.-based pro dealer Stock Building Supply Holdings set its initial public offering pricing at $14 per share.
The company said it expects to receive proceeds, net of underwriting discounts and commissions, of approximately $57.4 million from the offering. Stock said it intends to use the proceeds to pay about $46.2 million of the outstanding balances under the revolving line of credit under its secured credit agreement and to pay fees and expenses related to the offering.
The shares will be listed on NASDAQ Global Select Market.
Shellie Sellards is Fiberon’s new VP marketing
PVC and composite decking manufacturer Fiberon has appointed Shellie Sellards as its newest vice president of marketing.
Sellards, who brings a proven track record of growth to the table, will be leaving her current position Owens Corning, where she held the position of director of strategic marketing — insulation. She also worked at Trex and The Dannon Company.
“Shellie’s powerful combination of building-industry and consumer experience provides well-established brand development expertise, and I expect her to have an immediate impact on our business,” said Doug Mancosh, president of Fiberon. “Shellie’s joining a very talented marketing team, and with her guidance, we’re prepared to rapidly expand the Fiberon brand.”
Sellards, who will report to Mancosh, will be with Fiberon by the end of August.