Appointment Deepens Board Expertise in
e-Commerce and Digital
Builders FirstSource, Inc. (NYSE: BLDR) today announced
that its Board of Directors has appointed Cheryl Ainoa, Former
Executive Vice President and Chief Technology Officer for Walmart
Global Technology, and Maria Renz, Vice President and General
Manager for Google, to the Company’s Board of Directors, effective
March 1, 2025.
"We are thrilled to welcome Cheryl and Maria to our Board of
Directors. Both bring exceptional leadership and deep expertise in
e-commerce, technology, and digital innovation. Their expertise
will be invaluable as we continue to enhance our industry-leading
digital tools and drive innovation. With their addition, we are
further strengthening our digital leadership and reinforcing our
commitment to delivering best-in-class solutions to our customers.
We look forward to the fresh perspectives and strategic
contributions they will bring to our organization," said Paul S.
Levy, Chairman of Builders FirstSource.
About Cheryl Ainoa, MBA
Cheryl Ainoa recently retired from Walmart, where she served as
CTO for Sam’s Club and guided its transformation into a
leading-edge retailer through modern technologies and key
partnerships. She joined Walmart in 2020 as SVP of Core Retail
Services and Emerging Technology and was promoted to EVP for New
Businesses & Emerging Technology in 2023, focusing on
transformative technology, including generative AI and digital.
Previously, Cheryl was COO of D2L, a SaaS organization focused
on transformational learning. She also held senior roles at Intuit
and Yahoo!, where she led global service engineering teams. Her
early career included technical leadership roles at Broderbund
Software, Genealogy.com, Healtheon/WebMD, Informix Software, and
Impac Medical Systems. Cheryl also served as an independent
director of Move, Inc., which was acquired by NewsCorp in 2014.
Cheryl brings extensive experience in software product
development, engineering, emerging technologies, M&A
integrations, and P&L management. Her industry experience spans
retail, healthcare, consumer goods, and software services. She
holds an MBA from Santa Clara University and a BS in Electrical
Engineering from Washington State University.
About Maria Renz, MBA
Maria Renz is currently the VP and General Manager at Google.
Prior to this role, she served as the VP/GM of Commerce (Shopping
and Payments), leading a cross-functional team of 4,000+ to develop
world-class experiences for consumers and merchants.
Prior to Google, Maria was an executive at SoFi, growing the
business across multiple categories and contributing to its IPO and
federal banking licensing process. She spent 20 years at Amazon,
where she was the first woman to serve as Technical Advisor to the
CEO and championed several e-commerce innovations, including
Subscribe & Save and Amazon Prime shipping benefits.
Maria is known for her customer obsession and ability to tackle
complex global retail challenges. She has held multiple board roles
focused on digital transformation, e-commerce, and fintech,
including serving on the board of DoorDash during the company’s IPO
process. Maria holds an MBA from Vanderbilt University and a BS in
Design from Drexel University.
The full Board of Directors list is available on the Builders
FirstSource investor relations website at Builders FirstSource,
Inc. - Governance - Board of Directors.
About Builders
FirstSource
Headquartered in Irving, Texas, Builders FirstSource is the
largest U.S. supplier of building products, prefabricated
components, and value-added services to the professional market
segment for new residential construction and repair and remodeling.
We provide customers an integrated homebuilding solution, offering
manufacturing, supply, delivery, and installation of a full range
of structural and related building products. We operate in 43
states with approximately 590 locations and have a market presence
in 48 of the top 50 and 91 of the top 100 MSAs, providing
geographic diversity and balanced end market exposure. We service
customers from strategically located distribution and manufacturing
facilities (some of which are co-located) that produce value-added
products such as roof and floor trusses, wall panels, stairs, vinyl
windows, custom millwork, and pre-hung doors. Builders FirstSource
also distributes dimensional lumber and lumber sheet goods,
millwork, windows, interior and exterior doors, and other specialty
building products. www.bldr.com
Forward-Looking
Statements
Statements in this news release and the schedules hereto that
are not purely historical facts or that necessarily depend upon
future events, including statements about forecasted financial
performance or other statements about anticipations, beliefs,
expectations, hopes, synergies, intentions or strategies for the
future, may be forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended.
Readers are cautioned not to place undue reliance on
forward-looking statements. In addition, oral statements made by
our directors, officers and employees to the investor and analyst
communities, media representatives and others, depending upon their
nature, may also constitute forward-looking statements. As with the
forward-looking statements included in this release, these
forward-looking statements are by nature inherently uncertain, and
actual results or events may differ materially as a result of many
factors. All forward-looking statements are based upon information,
assumptions, expectations, and projections about future events
available to Builders FirstSource on the date this release was
submitted. Builders FirstSource undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
Forward-looking statements involve risks and uncertainties, many of
which are beyond the Company’s control or may be currently unknown
to the Company, that could cause actual events or results to differ
materially from the events or results described in the
forward-looking statements; such risks or uncertainties include
those related to the Company’s growth strategies, including
acquisitions, organic growth and digital strategies, or the
dependence of the Company’s revenues and operating results on,
among other things, the homebuilding industry and, to a lesser
extent, repair and remodel activity, which in each case is
dependent on economic conditions, including inflation, interest
rates, consumer confidence, labor and supply shortages, and also
lumber and other commodity prices. Builders FirstSource may not
succeed in addressing these and other risks. Further information
regarding factors that could affect our financial and other results
can be found in the risk factors section of Builders FirstSource’s
most recent annual report on Form 10-K filed with the Securities
and Exchange Commission (the “SEC”) and may also be described from
time to time in the other reports Builders FirstSource files with
the SEC. Consequently, all forward-looking statements in this
release are qualified by the factors, risks and uncertainties
contained therein.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250219739364/en/
Heather Kos SVP, Investor Relations Builders FirstSource, Inc.
investorrelations@bldr.com
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