RALEIGH, N.C. — BMC Stock Holdings, Inc. has announced the departure of Chief Operating Officer Mike McGaugh, effective immediately. The company has said that it is eliminating the position of COO to flatten the organizational structure and bring its executive team closer to its field operations.
“Mike has been a valuable member of our leadership team as we have advanced our four strategic pillars,” said Dave Flitman, president & CEO for BMC. “On behalf of the entire board, I want to thank Mike for his dedication and contributions to BMC. We wish him the best in his future endeavors.”
Flitman continued, “We recently announced exceptional results for 2018 and remain focused on driving operational excellence, delivering outstanding customer service, building a high-performance culture, and advancing our organic and inorganic growth strategies. We believe that leveraging our existing team of experienced leaders with a flatter organizational structure will enable the Company to be more agile in our decision making and accelerate our ability to execute our strategy.”
BMC closed 2018 with $3.7 billion in net sales. Headquartered in Raleigh, N.C., the company’s comprehensive portfolio spans building materials, including millwork and structural component manufacturing capabilities, consultative showrooms and design centers, value-added installation management services and an innovative eBusiness platform. BMC serves 45 metropolitan areas across 19 states, principally in the South and West regions.