Beacon Appoints Prithvi Gandhi as Executive Vice President and Chief Financial Officer
22 Avril 2024 - 10:30PM
Business Wire
Beacon (Nasdaq: BECN) announced today the appointment of Prithvi
(Prith) Gandhi as Executive Vice President and Chief Financial
Officer. Mr. Gandhi will join Beacon on May 1, 2024, and assume his
role as Chief Financial Officer on or about May 6, 2024.
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Prithvi Gandhi, Beacon (Photo: Business
Wire)
Prior to joining Beacon, Mr. Gandhi was VP, Finance and Chief
Financial Officer at TAMKO Building Products, a roofing products
manufacturer and supplier for the last two years where he led
initiatives that drove business insights and financial leverage
resulting in improved operational performance. Prior to TAMKO, he
served as Chief Financial Officer of Fast Radius, a 3D printing
business that went public in 2022. Before joining Fast Radius, he
worked for eight years at Owens Corning (NYSE: OC) serving in
progressively more senior finance roles, including VP, FP&A
& Corporate Strategy and VP, Corporate Development and
culminating as Interim Chief Financial Officer. Earlier in his
career, Mr. Gandhi held corporate strategy and development roles at
Dover Corp (NYSE: DOV) and Zebra Technologies Corporation (Nasdaq:
ZBRA) and Morgan Stanley where he was VP, Proprietary Investments.
Mr. Gandhi earned a bachelor’s degree in mathematics and economics
at the University of California-Berkeley, a master’s degree in
international economics at Georgetown University and a master’s
degree in business administration from the Wharton School of the
University of Pennsylvania.
“I am very pleased to welcome Prith to the Beacon executive
leadership team,” said Julian Francis, President and CEO, Beacon.
“Prith’s strong growth orientation, extensive M&A experience
and capital markets expertise will strengthen Beacon as we complete
Ambition 2025 and continue to grow above the market. His proven
track record in financial leadership, particularly in the building
products industry, will be invaluable as we continually improve
service to customers in our two core markets, residential roofing,
and commercial roofing.”
Commenting on his appointment, Mr. Gandhi said, “It is an honor
to join the highly experienced and successful leadership team at
Beacon, a company that is recognized as a high-performing innovator
in building products distribution. I am excited about the
opportunity to work with Julian again following our collaboration
at Owens Corning and am eager to drive Beacon’s strategic plan
forward to create value for all stakeholders.”
About Beacon
Founded in 1928, Beacon is a Fortune 500, publicly traded
distributor of building products, including roofing materials and
complementary products, such as siding and waterproofing. The
company operates over 540 branches throughout all 50 states in the
U.S. and 7 provinces in Canada. Beacon serves an extensive base of
nearly 100,000 customers, utilizing its vast branch network and
diverse service offerings to provide high-quality products and
support throughout the entire business lifecycle. Beacon offers its
own private label brand, TRI-BUILT®, and has a proprietary digital
account management suite, Beacon PRO+, which allows customers to
manage their businesses online. Beacon’s stock is traded on the
Nasdaq Global Select Market under the ticker symbol BECN. To learn
more about Beacon, please visit www.becn.com.
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INVESTOR CONTACT Binit Sanghvi VP,
Capital Markets and Treasurer Binit.Sanghvi@becn.com
972-369-8005
MEDIA CONTACT Jennifer Lewis VP,
Communications and Corporate Social Responsibility
Jennifer.Lewis@becn.com 571-752-1048
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