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Form 8-K · Current Report · Filed 2024-01-12

TopBuild Corp. Announces Key Executive Role Changes

TopBuild Corp. has announced significant executive changes effective immediately. Steven P. Raia, previously President of TruTeam Operations, is now taking on the role of President of TopBuild Special Operations and Executive Adviser, focusing on improving business efficiency and operations. Jeffrey M. Krestancic, with over 18 years of service, will become the new President of TruTeam. Both executives will continue to report to the current President and CEO, Robert M. Buck, and will collaborate with the Executive Team on various business and operational matters.

Filer
TopBuild Corp BLD · NYSE
Filed
Accession
0001558370-24-000227
CIK
0001633931
Signal
High impactIndustrials

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

President Resignation New President Appointed Key Executive Appointment

Market reaction

Close before filing

$4.59

Next session

+0.0%

Since filing

+12.7%

Latest close

$5.18

What happened, not what will happen — closing prices around the filing date.

About TopBuild Corp

TopBuild Corp is a leading installer and distributor of insulation and building material products. Its primary function revolves around providing essential products for new residential, commercial construction, and remodeling projects. TopBuild operates through two main segments, Installation and Distribution, which offer a comprehensive range of insulation materials and other building products such as gutters and paint. The company plays a pivotal role in the construction and building materials sector, impacting various industries including housing, commercial real estate, and infrastructure development. The market significance of TopBuild Corp lies in its nationwide network that supplies materials critical to the construction industry’s energy efficiency and safety standards. By maintaining strong relationships with leading manufacturers and offering value-added services, TopBuild enhances its market reach and customer satisfaction. With strategic acquisitions and a focus on sustainability, the company strengthens its competitive edge, enabling it to adapt to market demands and regulatory changes effectively. Headquartered in Daytona Beach, Florida, TopBuild continues to contribute to the advancement of building technologies and solutions, thereby supporting the growth of sustainable building practices across the United States.

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