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BMC Stock makes it official

New CEO will join the dealer and board of directors on Sept. 26.

BY HBSDealer Staff

BMC Stock Holdings reported that new president and CEO David Flitman will officially begin working at the pro dealer on Sept. 26.

In a filing with the Securities and Exchange Commission, BMC Stock also reported that Flitman will join the company’s board of directors as a class II director, effective upon his start at the company.

David Flitman (source: Performance Food Group)

Flitman entered into an employee agreement with BMC Stock on Aug. 23 when he named as the company’s new top executive. Flitman most recently served as president and CEO of Performance Foodservice, the largest segment of Performance Food Group, a foodservice distribution company.

But in its SEC filing, the pro dealer also noted that Flitman will serve on the board until the company’s 2021 annual meeting of stockholders and “until a successor is duly elected.”

David Keltner, who served as interim president and CEO for much of 2018 following the January departure of former CEO Peter Alexander, has submitted his resignation, also effective Sept. 26. Keltner will continue to serve as a director on the BMC Stock board.

As Flitman joins the company, BMC Stock said it is moving its headquarters from Atlanta to the company’s existing offices in Raleigh, N.C.

 

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