Boyden is pleased to share the appointment news of Shawn Wilson, a recruitment co-led by Catherine Van Alstine and Arin Veerapen
Vancouver, BC - Aug 30, 2022
BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or "Company") is pleased to announce a non-brokered private placement (the "Private Placement") and also announce key changes to its senior management and Board of Directors.
Changes to Senior Management and the Board of Directors :
The Company announces the following changes to its senior management and Board of Directors:
- Ethan Rudin is resigning as Chief Financial Officer of the Company effective August 31, 2022 but will remain with the Company in the role of an Advisor to ensure a smooth transition for the management team and Board. The Board of Directors of the Company has appointed Matthew Alexander to the role of Interim Chief Financial Officer effective September 1, 2022;
- David Lazar is resigning as Interim Chief Executive Officer of the Company effective September 11, 2022 and the Board of Directors of the Company has appointed Shawn Wilson as Chief Executive Officer effective September 12, 2022.
- Dan Park has stepped down from his role as Director of the Company's Board of Director's effective immediately.
Shawn Wilson is a seasoned home improvement executive with cross-functional experience throughout the building materials industry including e-commerce, big-box retail, manufacturing and installation services. He is a proven leader that is skilled in developing teams and effective strategies to deliver profitable growth. Most recently Shawn served as Vice President at Empire Today and previously held roles as Chief Executive Officer of Plum as well as senior management positions with Romanoff Renovations, The Home Depot and Mohawk Industries. Shawn received his BBA from Colorado Technical University and his MBA and Doctorate in Business Management from Kennesaw State University.
Matthew Alexander has worked under Ethan for the duration of Ethan's time as Chief Financial Officer of BuildDirect and partnered to help lead the Company's last two acquisitions as well as its reverse takeover transaction in August 2021. He has over 15 years of financial, strategic, and operational experience over a diverse set of industries, including SaaS, technology, financial services, and media. Matt joined BuildDirect in 2020 and has held the roles of Director, Finance and VP, Finance during his time with the Company. Prior to BuildDirect, Matt held positions as Senior Manager, FP&A with Hootsuite, Manager, FP&A at Dome Productions and as an accountant at Grant Thornton LLP. Matt is a CPA-CA Chartered Accountant and received his BA in economics from the University of Victoria.
"Professional contractors are the lifeblood of the home improvement and commercial development industries who help drive industry market share through their own self-generated referrals and book of business said Shawn Wilson. I'm excited to lead the BuildDirect team in its ongoing focus on the pro customer market and its efforts to continue to improve its service to professional flooring contractors."
"We are excited to bring Shawn onboard as the CEO of BuildDirect after a rigorous search process," said Board Director Milan Roy. "His deep and diverse flooring experience aligns with the Company's goals of focusing on and serving our pro contractor customer base online or offline. Also, on behalf of the Board, we would like to thank David Lazar, Ethan Rudin and Dan Park for their respective service to the Company and wish them well in their current and future endeavors."
The appointments of Shawn Wilson and Matthew Alexander remain subject to receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About BuildDirect
BuildDirect (TSXV: BILD) is a growing omnichannel building material retailer. BuildDirect connects North American home improvement B2B and B2C organizations and homeowners with quality building materials and services through its robust global supply chain network. BuildDirect's growth trajectory, strong product offering and proprietary heavyweight delivery network are delivering value today, solidifying its position as an innovative player in the home improvement industry. For more information, visit www.BuildDirect.com.
Original Source: BuildDirect News
