leadership
confidence high
sentiment neutral
materiality 0.60
Beacon Roofing Supply appoints Prithvi Gandhi as CFO, replacing interim Carmelo Carrubba
BEACON ROOFING SUPPLY INC
- Mr. Gandhi, 54, previously VP Finance & CFO at TAMKO Building Products, will join May 1 as EVP and become CFO on May 6, 2024.
- Interim CFO Carmelo Carrubba returns to VP of Strategy and Transformation, no longer an executive officer.
- Base salary $560,000; target cash incentive 75% of salary; target LTI $750,000; sign-on cash $500,000 (repayable if leave before Dec 31, 2025).
- Sign-on LTI award of $500,000 (options, PSUs, RSUs) plus additional $115,000 RSU grant; vesting over 1-3 years.
- Background includes Owens Corning (Interim CFO), Fast Radius, Dover, Zebra Technologies, and Morgan Stanley.