---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-035069"
form_type: "8-K"
ticker: "BXC"
cik: "0001301787"
company_name: "BlueLinx Holdings Inc."
filed_at: "2023-03-21T23:59:59+00:00"
generated_at: "2026-06-17T22:01:34.998918+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BlueLinx CEO Dwight Gibson departs; Shyam K. Reddy appointed as President and CEO

## Summary
- Dwight Gibson departs as President and CEO effective March 21, 2023; treated as termination without cause with severance.
- Shyam K. Reddy, previously Chief Legal & Sustainability Officer, appointed President, CEO, and board member.
- Reddy receives base salary of $775,000, target bonus 100% of base, and 2023 LTI grant value of $2.5M.
- Q1 2023 preliminary: specialty product gross margin 18-19%, daily sales volumes down 17-18% YoY; structural margins 10-11%, volumes flat.
- Separation agreement with Gibson includes customary release; severance terms per existing employment agreement.

## SEC filing metadata
- accession: 0001104659-23-035069
- form_type: 8-K
- ticker: BXC
- cik: 0001301787
- company_name: BlueLinx Holdings Inc.
- filed_at: 2023-03-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1301787/000110465923035069/0001104659-23-035069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1301787/000110465923035069/tm2310077d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-035069
- JSON: https://secwatch.observer/filing/0001104659-23-035069.json
- Plain text: https://secwatch.observer/filing/0001104659-23-035069.txt

## Key facts
- Executive change
  Dwight Gibson departed as President and Chief Executive Officer at BlueLinx Holdings Inc..
  - Action: departed
  - Role: President and Chief Executive Officer
  source text: the Company announced the departure of Dwight Gibson from his role as President and Chief Executive Officer of the Company, effective March 21, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1301787/000110465923035069/0001104659-23-035069-index.htm
- Executive change
  Shyam K. Reddy was appointed as President and Chief Executive Officer at BlueLinx Holdings Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Shyam K. Reddy, the Company’s existing Chief Legal and Sustainability Officer and Corporate Secretary will succeed Mr. Gibson as President and Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1301787/000110465923035069/0001104659-23-035069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.