BXC - BlueLinx appoints Shyam Reddy as president and CEO
2023-03-21 16:51:43 ET
- BlueLinx ( NYSE: BXC ) on Tuesday elected Shyam Reddy as president and CEO, effective immediately.
- Reddy will also join the BlueLinx board of directors.
- Reddy succeeds Dwight A.K. Gibson, who is departing the company and stepping down as a board member.
- Separately, the company said that through the first 11 weeks of the first quarter of 2023, specialty product gross margin was in the range of 18% to 19%, with daily sales volumes lower by a range of 17% to 18%.
- Structural product gross margin was in the range of 10% to 11% with daily sales volumes relatively consistent in the first 11 weeks of Q1.
- Press Release .
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BlueLinx appoints Shyam Reddy as president and CEO